NORWEGIAN EMISSION ABATEMENT TECHNOLOGIES AS

0279 OSLO

Finances

Share Ownership

Return on Equity

82,64 %

Current Ratio

1,4

Debt-to-Equity Ratio

0,18

Key figures (NOK)	2022	2021	2020	2019
Revenue	76 437 000	9 633 000	16 169 000	74 273 000
Net Income	8 424 000	−1 723 000	−306 000	16 765 000
Total Assets	41 952 000	8 485 000	8 419 000	31 990 000
Total Equity	10 194 000	1 770 000	3 493 000	3 799 000

Income (NOK)	2022	2021	2020	2019
Revenue	76 437 000	9 633 000	16 169 000	74 273 000
Expenditure	67 396 000	11 946 000	16 474 000	52 784 000
Operating Profit	9 042 000	−2 313 000	−305 000	21 488 000
Financial Income	2 513 000	52 000	11 000	23 000
Financial Costs	720 000	4 000	89 000	17 000
Financial Balance	1 793 000	48 000	−78 000	6 000
Earnings Before Tax	10 835 000	−2 265 000	−383 000	21 494 000
Tax	2 411 000	−542 000	−77 000	4 730 000
Net Income	8 424 000	−1 723 000	−306 000	16 765 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	542 000	0	0
Total Current Assets	41 952 000	7 944 000	8 419 000	31 990 000
Total Assets	41 952 000	8 485 000	8 419 000	31 990 000
Total Retained Equity	9 814 000	1 390 000	3 113 000	3 419 000
Total Equity	10 194 000	1 770 000	3 493 000	3 799 000
Total Long-Term Debt	1 870 000	0	0	3 437 000
Total Current Debt	29 888 000	6 716 000	4 926 000	24 753 000
Total Equity and Debt	41 952 000	8 485 000	8 419 000	31 990 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	76 437 000	9 436 000	16 169 000	74 273 000
Other Income	0	198 000	0	0
Revenue	76 437 000	9 633 000	16 169 000	74 273 000
Cost of Goods Sold	59 618 000	7 669 000	9 909 000	43 072 000
Salary Costs	4 876 000	3 659 000	5 141 000	6 664 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	67 396 000	11 946 000	16 474 000	52 784 000
Operating Profit	9 042 000	−2 313 000	−305 000	21 488 000
Financial Income	2 513 000	52 000	11 000	23 000
Financial Costs	720 000	4 000	89 000	17 000
Financial Balance	1 793 000	48 000	−78 000	6 000
Dividends	0	0	0	14 000 000
Net Income	8 424 000	−1 723 000	−306 000	16 765 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	542 000	0	0
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	542 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	15 999 000	335 000	6 591 000	30 780 000
Total Current Assets	41 952 000	7 944 000	8 419 000	31 990 000
Total Assets	41 952 000	8 485 000	8 419 000	31 990 000
Total Equity	10 194 000	1 770 000	3 493 000	3 799 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 870 000	0	0	3 437 000
Creditors	14 718 000	2 482 000	607 000	1 311 000
Unpaid Taxes	352 000	1 341 000	424 000	2 691 000
Dividends	0	0	0	14 000 000
Other Current Debt	14 819 000	372 000	534 000	4 314 000
Total Current Debt	29 888 000	6 716 000	4 926 000	24 753 000
Total Equity and Debt	41 952 000	8 485 000	8 419 000	31 990 000

Financial indicators	2022	2021	2020	2019
Return on Equity	82,64 %	−97,34 %	−8,76 %	441,3 %
Debt-to-Equity Ratio	0,18	0	0	0,9
Operating Profit Margin	11,83 %	−24,01 %	−1,89 %	28,93 %
Current Ratio	1,4	1,18	1,71	1,29
Quick Ratio	1,4	1,18	1,71	1,29
Equity Ratio	0,24	0,21	0,41	0,12
Gross Profit Margin	22 %	20,39 %	38,72 %	42,01 %