NOREVEGEN 6 AS

5542 KARMSUND

Finances

Share Ownership

Return on Equity

−0,94 %

Current Ratio

0,64

Debt-to-Equity Ratio

1,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	742 000	662 000	372 000	109 000
Net Income	−24 000	63 000	−35 000	−179 000
Total Assets	6 308 000	3 495 000	3 633 000	3 429 000
Total Equity	2 566 000	2 591 000	2 594 000	2 629 000

Income (NOK)	2022	2021	2020	2019
Revenue	742 000	662 000	372 000	109 000
Expenditure	671 000	560 000	367 000	292 000
Operating Profit	70 000	102 000	5 000	−182 000
Financial Income	2 000	1 000	0	0
Financial Costs	104 000	22 000	50 000	47 000
Financial Balance	−102 000	−21 000	−50 000	−47 000
Earnings Before Tax	−31 000	80 000	−45 000	−229 000
Tax	−7 000	18 000	−10 000	−50 000
Net Income	−24 000	63 000	−35 000	−179 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 965 000	3 290 000	3 203 000	3 322 000
Total Current Assets	343 000	205 000	430 000	107 000
Total Assets	6 308 000	3 495 000	3 633 000	3 429 000
Total Retained Equity	2 366 000	2 391 000	2 394 000	2 429 000
Total Equity	2 566 000	2 591 000	2 594 000	2 629 000
Total Long-Term Debt	3 205 000	212 000	213 000	140 000
Total Current Debt	537 000	692 000	825 000	660 000
Total Equity and Debt	6 308 000	3 495 000	3 633 000	3 429 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	21 000
Other Income	742 000	662 000	372 000	88 000
Revenue	742 000	662 000	372 000	109 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	113 000	104 000	100 000	100 000
Impairment	0	0	0	0
Expenditure	671 000	560 000	367 000	292 000
Operating Profit	70 000	102 000	5 000	−182 000
Financial Income	2 000	1 000	0	0
Financial Costs	104 000	22 000	50 000	47 000
Financial Balance	−102 000	−21 000	−50 000	−47 000
Dividends	0	0	0	0
Net Income	−24 000	63 000	−35 000	−179 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	20 000
Real Eastate	3 248 000	3 234 000	3 177 000	3 269 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	35 000	56 000	26 000	33 000
Total Tangible Assets	3 283 000	3 290 000	3 203 000	3 302 000
Total Fiancial Fixed Assets	2 682 000	0	0	0
Total Fixed Assets	5 965 000	3 290 000	3 203 000	3 322 000
Stock	27 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	26 000	148 000	53 000	37 000
Total Current Assets	343 000	205 000	430 000	107 000
Total Assets	6 308 000	3 495 000	3 633 000	3 429 000
Total Equity	2 566 000	2 591 000	2 594 000	2 629 000
Short-Term Group Debt	0	0	652 000	651 000
Total Long-Term Debt	3 205 000	212 000	213 000	140 000
Creditors	74 000	309 000	164 000	6 000
Unpaid Taxes	0	0	10 000	4 000
Dividends	0	0	0	0
Other Current Debt	463 000	383 000	0	0
Total Current Debt	537 000	692 000	825 000	660 000
Total Equity and Debt	6 308 000	3 495 000	3 633 000	3 429 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,94 %	2,43 %	−1,35 %	−6,81 %
Debt-to-Equity Ratio	1,25	0,08	0,08	0,05
Operating Profit Margin	9,43 %	15,41 %	1,34 %	−166,97 %
Current Ratio	0,64	0,3	0,52	0,16
Quick Ratio	0,67	0,3	0,52	0,16
Equity Ratio	0,41	0,74	0,71	0,77
Gross Profit Margin	100 %	100 %	100 %	100 %