PANORO TUNISIA EXPLORATION AS

0160 OSLO

Finances

Share Ownership

Return on Equity

20,2 %

Current Ratio

0,29

Debt-to-Equity Ratio

−0

Key figures (USD)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−2 380 000	−12 481 000	−1 416 000	−2 039 000
Total Assets	10 993 000	13 647 000	24 812 000	20 996 000
Total Equity	−11 783 000	−9 382 000	3 024 000	4 386 000

Income (USD)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	2 327 000	12 096 000	1 005 000	1 792 000
Operating Profit	−2 327 000	−12 096 000	−1 005 000	−1 792 000
Financial Income	0	0	0	95 000
Financial Costs	53 000	385 000	411 000	342 000
Financial Balance	−53 000	−385 000	−411 000	−247 000
Earnings Before Tax	−2 380 000	−12 481 000	−1 416 000	−2 039 000
Tax	0	0	0	0
Net Income	−2 380 000	−12 481 000	−1 416 000	−2 039 000

Balance (USD)	2022	2021	2020	2019
Total Fixed Assets	4 330 000	4 213 000	4 063 000	2 336 000
Total Current Assets	6 663 000	9 434 000	20 749 000	18 660 000
Total Assets	10 993 000	13 647 000	24 812 000	20 996 000
Total Retained Equity	−12 284 000	−9 904 000	0	0
Total Equity	−11 783 000	−9 382 000	3 024 000	4 386 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	22 776 000	23 029 000	21 788 000	16 610 000
Total Equity and Debt	10 993 000	13 647 000	24 812 000	20 996 000

Cash flow (USD)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	81 000	7 000	30 000	181 000
Impairment	0	0	0	0
Expenditure	2 327 000	12 096 000	1 005 000	1 792 000
Operating Profit	−2 327 000	−12 096 000	−1 005 000	−1 792 000
Financial Income	0	0	0	95 000
Financial Costs	53 000	385 000	411 000	342 000
Financial Balance	−53 000	−385 000	−411 000	−247 000
Dividends	0	0	0	0
Net Income	−2 380 000	−12 481 000	−1 416 000	−2 039 000

Balance details (USD)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 325 000	4 135 000	3 852 000	2 011 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	5 000	78 000	211 000	325 000
Total Tangible Assets	5 000	78 000	211 000	325 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 330 000	4 213 000	4 063 000	2 336 000
Stock	496 000	579 000	1 680 000	1 476 000
Total Investments	0	0	0	0
Cash, Bank	628 000	5 963 000	17 377 000	17 027 000
Total Current Assets	6 663 000	9 434 000	20 749 000	18 660 000
Total Assets	10 993 000	13 647 000	24 812 000	20 996 000
Total Equity	−11 783 000	−9 382 000	3 024 000	4 386 000
Short-Term Group Debt	18 607 000	19 503 000	17 591 000	12 993 000
Total Long-Term Debt	0	0	0	0
Creditors	249 000	417 000	1 115 000	254 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	3 920 000	3 109 000	3 082 000	3 363 000
Total Current Debt	22 776 000	23 029 000	21 788 000	16 610 000
Total Equity and Debt	10 993 000	13 647 000	24 812 000	20 996 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,2 %	133,03 %	−46,83 %	−46,49 %
Debt-to-Equity Ratio	−0	−0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	0,29	0,41	0,95	1,12
Quick Ratio	0,3	0,42	1,03	1,23
Equity Ratio	−1,07	−0,69	0,12	0,21
Gross Profit Margin	-	-	-	-