AQUILA CLEAN ENERGY NORWAY AS

0161 OSLO

Finances

Share Ownership

Return on Equity

30,44 %

Current Ratio

1,23

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	25 457 000	15 413 000	15 256 000	9 960 000
Net Income	1 152 000	690 000	698 000	465 000
Total Assets	18 997 000	13 020 000	10 802 000	5 428 000
Total Equity	3 784 000	2 632 000	1 942 000	1 244 000

Income (NOK)	2022	2021	2020	2019
Revenue	25 457 000	15 413 000	15 256 000	9 960 000
Expenditure	24 040 000	14 482 000	14 000 000	9 035 000
Operating Profit	1 417 000	932 000	1 256 000	925 000
Financial Income	95 000	21 000	16 000	36 000
Financial Costs	11 000	42 000	350 000	337 000
Financial Balance	84 000	−21 000	−334 000	−301 000
Earnings Before Tax	1 501 000	911 000	921 000	624 000
Tax	349 000	222 000	223 000	159 000
Net Income	1 152 000	690 000	698 000	465 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	227 000	338 000	97 000	75 000
Total Current Assets	18 770 000	12 682 000	10 705 000	5 354 000
Total Assets	18 997 000	13 020 000	10 802 000	5 428 000
Total Retained Equity	3 690 000	2 538 000	1 848 000	1 150 000
Total Equity	3 784 000	2 632 000	1 942 000	1 244 000
Total Long-Term Debt	1 000	2 000	2 100 000	991 000
Total Current Debt	15 212 000	10 386 000	6 760 000	3 193 000
Total Equity and Debt	18 997 000	13 020 000	10 802 000	5 428 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	3 110 000	3 266 000	1 535 000
Other Income	25 457 000	12 303 000	11 989 000	8 425 000
Revenue	25 457 000	15 413 000	15 256 000	9 960 000
Cost of Goods Sold	0	2 000	1 000	5 000
Salary Costs	17 723 000	12 570 000	11 979 000	6 538 000
Depreciation	15 000	5 000	2 000	7 000
Impairment	0	0	0	0
Expenditure	24 040 000	14 482 000	14 000 000	9 035 000
Operating Profit	1 417 000	932 000	1 256 000	925 000
Financial Income	95 000	21 000	16 000	36 000
Financial Costs	11 000	42 000	350 000	337 000
Financial Balance	84 000	−21 000	−334 000	−301 000
Dividends	0	0	0	0
Net Income	1 152 000	690 000	698 000	465 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	7 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	24 000	39 000	0	2 000
Total Tangible Assets	24 000	39 000	0	2 000
Total Fiancial Fixed Assets	203 000	299 000	97 000	66 000
Total Fixed Assets	227 000	338 000	97 000	75 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 378 000	1 689 000	1 059 000	768 000
Total Current Assets	18 770 000	12 682 000	10 705 000	5 354 000
Total Assets	18 997 000	13 020 000	10 802 000	5 428 000
Total Equity	3 784 000	2 632 000	1 942 000	1 244 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	2 000	2 100 000	991 000
Creditors	634 000	197 000	139 000	197 000
Unpaid Taxes	756 000	625 000	452 000	730 000
Dividends	0	0	0	0
Other Current Debt	13 472 000	9 344 000	5 952 000	2 098 000
Total Current Debt	15 212 000	10 386 000	6 760 000	3 193 000
Total Equity and Debt	18 997 000	13 020 000	10 802 000	5 428 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,44 %	26,22 %	35,94 %	37,38 %
Debt-to-Equity Ratio	0	0	1,08	0,8
Operating Profit Margin	5,57 %	6,05 %	8,23 %	9,29 %
Current Ratio	1,23	1,22	1,58	1,68
Quick Ratio	1,23	1,22	1,58	1,68
Equity Ratio	0,2	0,2	0,18	0,23
Gross Profit Margin	100 %	99,99 %	99,99 %	99,95 %