CARNOT EFFICIENT ENERGY AS

0286 OSLO

Finances

Return on Equity

55,33 %

Current Ratio

3,77

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 470 000	1 714 000	1 670 000	1 743 000
Net Income	975 000	428 000	395 000	439 000
Total Assets	2 362 000	2 078 000	1 693 000	1 330 000
Total Equity	1 762 000	1 563 000	1 234 000	840 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 470 000	1 714 000	1 670 000	1 743 000
Expenditure	1 209 000	1 165 000	1 124 000	1 188 000
Operating Profit	1 261 000	548 000	544 000	555 000
Financial Income	11 000	4 000	1 000	10 000
Financial Costs	19 000	3 000	30 000	4 000
Financial Balance	−8 000	1 000	−29 000	6 000
Earnings Before Tax	1 253 000	549 000	515 000	561 000
Tax	278 000	120 000	120 000	122 000
Net Income	975 000	428 000	395 000	439 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	106 000	136 000	44 000	63 000
Total Current Assets	2 256 000	1 943 000	1 649 000	1 267 000
Total Assets	2 362 000	2 078 000	1 693 000	1 330 000
Total Retained Equity	1 738 000	1 538 000	1 210 000	815 000
Total Equity	1 762 000	1 563 000	1 234 000	840 000
Total Long-Term Debt	0	1 000	0	1 000
Total Current Debt	599 000	514 000	459 000	490 000
Total Equity and Debt	2 362 000	2 078 000	1 693 000	1 330 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 470 000	1 673 000	1 670 000	1 743 000
Other Income	0	41 000	0	0
Revenue	2 470 000	1 714 000	1 670 000	1 743 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 092 000	1 083 000	1 058 000	986 000
Depreciation	30 000	20 000	19 000	19 000
Impairment	0	0	0	0
Expenditure	1 209 000	1 165 000	1 124 000	1 188 000
Operating Profit	1 261 000	548 000	544 000	555 000
Financial Income	11 000	4 000	1 000	10 000
Financial Costs	19 000	3 000	30 000	4 000
Financial Balance	−8 000	1 000	−29 000	6 000
Dividends	0	0	0	0
Net Income	975 000	428 000	395 000	439 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	1 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	106 000	136 000	43 000	63 000
Total Tangible Assets	106 000	136 000	43 000	63 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	106 000	136 000	44 000	63 000
Stock	0	0	0	0
Total Investments	906 000	976 000	337 000	64 000
Cash, Bank	1 082 000	740 000	1 224 000	1 035 000
Total Current Assets	2 256 000	1 943 000	1 649 000	1 267 000
Total Assets	2 362 000	2 078 000	1 693 000	1 330 000
Total Equity	1 762 000	1 563 000	1 234 000	840 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 000	0	1 000
Creditors	15 000	5 000	1 000	0
Unpaid Taxes	218 000	189 000	145 000	152 000
Dividends	0	0	0	0
Other Current Debt	87 000	101 000	191 000	215 000
Total Current Debt	599 000	514 000	459 000	490 000
Total Equity and Debt	2 362 000	2 078 000	1 693 000	1 330 000

Financial indicators	2022	2021	2020	2019
Return on Equity	55,33 %	27,38 %	32,01 %	52,26 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	51,05 %	31,97 %	32,57 %	31,84 %
Current Ratio	3,77	3,78	3,59	2,59
Quick Ratio	3,77	3,78	3,59	2,59
Equity Ratio	0,75	0,75	0,73	0,63
Gross Profit Margin	100 %	100 %	100 %	100 %