ENERCON NORGE AS

5068 BERGEN

Finances

Share Ownership

Return on Equity

70,24 %

Current Ratio

1,15

Debt-to-Equity Ratio

−1,57

Key figures (NOK)	2022	2021	2020	2019
Revenue	185 316 000	139 597 000	92 825 000	15 278 000
Net Income	−31 394 000	−20 455 000	5 802 000	−6 977 000
Total Assets	198 062 000	58 235 000	73 114 000	30 557 000
Total Equity	−44 697 000	−13 303 000	7 152 000	1 350 000

Income (NOK)	2022	2021	2020	2019
Revenue	185 316 000	139 597 000	92 825 000	15 278 000
Expenditure	210 573 000	152 168 000	86 597 000	20 911 000
Operating Profit	−25 257 000	−12 572 000	6 229 000	−5 633 000
Financial Income	10 673 000	9 522 000	3 689 000	448 000
Financial Costs	16 809 000	12 778 000	4 116 000	1 792 000
Financial Balance	−6 136 000	−3 256 000	−427 000	−1 344 000
Earnings Before Tax	−31 394 000	−15 828 000	5 802 000	−6 977 000
Tax	0	4 627 000	0	0
Net Income	−31 394 000	−20 455 000	5 802 000	−6 977 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	4 627 000	4 627 000
Total Current Assets	198 062 000	58 235 000	68 487 000	25 930 000
Total Assets	198 062 000	58 235 000	73 114 000	30 557 000
Total Retained Equity	−54 727 000	−23 333 000	−2 878 000	−8 680 000
Total Equity	−44 697 000	−13 303 000	7 152 000	1 350 000
Total Long-Term Debt	70 000 000	25 000 000	0	0
Total Current Debt	172 759 000	46 538 000	65 962 000	29 207 000
Total Equity and Debt	198 062 000	58 235 000	73 114 000	30 557 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	185 287 000	139 424 000	92 507 000	15 278 000
Other Income	29 000	173 000	318 000	0
Revenue	185 316 000	139 597 000	92 825 000	15 278 000
Cost of Goods Sold	203 000 000	147 848 000	83 954 000	19 352 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	210 573 000	152 168 000	86 597 000	20 911 000
Operating Profit	−25 257 000	−12 572 000	6 229 000	−5 633 000
Financial Income	10 673 000	9 522 000	3 689 000	448 000
Financial Costs	16 809 000	12 778 000	4 116 000	1 792 000
Financial Balance	−6 136 000	−3 256 000	−427 000	−1 344 000
Dividends	0	0	0	0
Net Income	−31 394 000	−20 455 000	5 802 000	−6 977 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	4 627 000	4 627 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	4 627 000	4 627 000
Stock	10 808 000	9 392 000	10 006 000	10 958 000
Total Investments	0	0	0	0
Cash, Bank	2 965 000	7 084 000	7 630 000	8 721 000
Total Current Assets	198 062 000	58 235 000	68 487 000	25 930 000
Total Assets	198 062 000	58 235 000	73 114 000	30 557 000
Total Equity	−44 697 000	−13 303 000	7 152 000	1 350 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	70 000 000	25 000 000	0	0
Creditors	151 687 000	18 281 000	55 100 000	2 474 000
Unpaid Taxes	0	8 302 000	951 000	879 000
Dividends	0	0	0	0
Other Current Debt	21 072 000	19 956 000	9 911 000	25 854 000
Total Current Debt	172 759 000	46 538 000	65 962 000	29 207 000
Total Equity and Debt	198 062 000	58 235 000	73 114 000	30 557 000

Financial indicators	2022	2021	2020	2019
Return on Equity	70,24 %	153,76 %	81,12 %	−516,81 %
Debt-to-Equity Ratio	−1,57	−1,88	0	0
Operating Profit Margin	−13,63 %	−9,01 %	6,71 %	−36,87 %
Current Ratio	1,15	1,25	1,04	0,89
Quick Ratio	1,22	1,57	1,22	1,42
Equity Ratio	−0,23	−0,23	0,1	0,04
Gross Profit Margin	−9,54 %	−5,91 %	9,56 %	−26,67 %