NEL HYDROGEN ELECTROLYSER AS

3674 NOTODDEN

Finances

Share Ownership

Return on Equity

−57,6 %

Current Ratio

0,99

Debt-to-Equity Ratio

0,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	342 015 000	56 480 000	93 896 000	68 969 000
Net Income	−296 949 000	−187 532 000	−143 763 000	−38 433 000
Total Assets	1 074 874 000	774 386 000	389 539 000	230 689 000
Total Equity	515 558 000	322 492 000	66 652 000	−777 000

Income (NOK)	2022	2021	2020	2019
Revenue	342 015 000	56 480 000	93 896 000	68 969 000
Expenditure	623 309 000	225 295 000	229 831 000	89 567 000
Operating Profit	−279 662 000	−180 416 000	−132 588 000	−31 190 000
Financial Income	5 331 000	2 564 000	2 147 000	788 000
Financial Costs	22 618 000	9 679 000	13 321 000	5 923 000
Financial Balance	−17 287 000	−7 115 000	−11 174 000	−5 135 000
Earnings Before Tax	−296 949 000	−187 532 000	−143 763 000	−36 325 000
Tax	0	0	0	2 109 000
Net Income	−296 949 000	−187 532 000	−143 763 000	−38 433 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	589 810 000	464 800 000	239 924 000	136 625 000
Total Current Assets	485 064 000	309 586 000	149 615 000	94 063 000
Total Assets	1 074 874 000	774 386 000	389 539 000	230 689 000
Total Retained Equity	−308 648 000	−350 214 000	−154 665 000	−19 477 000
Total Equity	515 558 000	322 492 000	66 652 000	−777 000
Total Long-Term Debt	71 310 000	165 940 000	225 937 000	165 538 000
Total Current Debt	488 007 000	285 954 000	96 950 000	65 928 000
Total Equity and Debt	1 074 874 000	774 386 000	389 539 000	230 689 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	339 024 000	53 500 000	74 121 000	68 969 000
Other Income	2 991 000	2 980 000	19 774 000	0
Revenue	342 015 000	56 480 000	93 896 000	68 969 000
Cost of Goods Sold	195 094 000	24 886 000	53 185 000	31 865 000
Salary Costs	165 896 000	92 943 000	49 468 000	16 721 000
Depreciation	51 226 000	12 187 000	6 277 000	4 470 000
Impairment	0	4 500 000	70 314 000	0
Expenditure	623 309 000	225 295 000	229 831 000	89 567 000
Operating Profit	−279 662 000	−180 416 000	−132 588 000	−31 190 000
Financial Income	5 331 000	2 564 000	2 147 000	788 000
Financial Costs	22 618 000	9 679 000	13 321 000	5 923 000
Financial Balance	−17 287 000	−7 115 000	−11 174 000	−5 135 000
Dividends	0	0	0	0
Net Income	−296 949 000	−187 532 000	−143 763 000	−38 433 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	6 160 000	12 320 000	15 938 000
Total Intangible Assets	144 423 000	104 221 000	80 084 000	80 425 000
Real Eastate	3 908 000	4 286 000	19 090 000	19 414 000
Machinery and Plant Facilities	408 066 000	332 017 000	122 656 000	34 322 000
Fixtures	24 199 000	22 044 000	9 813 000	2 364 000
Total Tangible Assets	436 173 000	358 347 000	151 559 000	56 100 000
Total Fiancial Fixed Assets	9 215 000	2 232 000	8 281 000	100 000
Total Fixed Assets	589 810 000	464 800 000	239 924 000	136 625 000
Stock	86 870 000	65 905 000	38 753 000	29 533 000
Total Investments	0	0	0	0
Cash, Bank	122 519 000	99 539 000	44 089 000	20 485 000
Total Current Assets	485 064 000	309 586 000	149 615 000	94 063 000
Total Assets	1 074 874 000	774 386 000	389 539 000	230 689 000
Total Equity	515 558 000	322 492 000	66 652 000	−777 000
Short-Term Group Debt	79 080 000	27 810 000	5 234 000	0
Total Long-Term Debt	71 310 000	165 940 000	225 937 000	165 538 000
Creditors	68 363 000	30 995 000	44 648 000	26 206 000
Unpaid Taxes	17 060 000	19 637 000	5 852 000	3 365 000
Dividends	0	0	0	0
Other Current Debt	323 504 000	207 512 000	41 216 000	36 357 000
Total Current Debt	488 007 000	285 954 000	96 950 000	65 928 000
Total Equity and Debt	1 074 874 000	774 386 000	389 539 000	230 689 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−57,6 %	−58,15 %	−215,69 %	4 946,33 %
Debt-to-Equity Ratio	0,14	0,51	3,39	−213,05
Operating Profit Margin	−81,77 %	−319,43 %	−141,21 %	−45,22 %
Current Ratio	0,99	1,08	1,54	1,43
Quick Ratio	1,21	1,41	2,57	2,58
Equity Ratio	0,48	0,42	0,17	−0
Gross Profit Margin	42,96 %	55,94 %	43,36 %	53,8 %