ELECTRIC VEHICLE INSTITUTE AS

7041 TRONDHEIM

Finances

Share Ownership

Return on Equity

8,06 %

Current Ratio

0,28

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	120 000	147 000	190 000	312 000
Net Income	−39 000	−32 000	−272 000	292 000
Total Assets	201 000	226 000	255 000	566 000
Total Equity	−484 000	−445 000	−412 000	−140 000

Income (NOK)	2022	2021	2020	2019
Revenue	120 000	147 000	190 000	312 000
Expenditure	159 000	180 000	462 000	20 000
Operating Profit	−39 000	−32 000	−272 000	292 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−39 000	−32 000	−272 000	292 000
Tax	0	0	0	0
Net Income	−39 000	−32 000	−272 000	292 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 000	15 000	0	0
Total Current Assets	190 000	211 000	255 000	566 000
Total Assets	201 000	226 000	255 000	566 000
Total Retained Equity	−508 000	−469 000	−437 000	−164 000
Total Equity	−484 000	−445 000	−412 000	−140 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	686 000	671 000	668 000	707 000
Total Equity and Debt	201 000	226 000	255 000	566 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	120 000	147 000	190 000	312 000
Other Income	0	0	0	0
Revenue	120 000	147 000	190 000	312 000
Cost of Goods Sold	81 000	121 000	389 000	−73 000
Salary Costs	0	0	0	0
Depreciation	3 000	1 000	0	0
Impairment	0	0	0	0
Expenditure	159 000	180 000	462 000	20 000
Operating Profit	−39 000	−32 000	−272 000	292 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−39 000	−32 000	−272 000	292 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	12 000	15 000	0	0
Total Tangible Assets	12 000	15 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	12 000	15 000	0	0
Stock	80 000	113 000	82 000	444 000
Total Investments	0	0	0	0
Cash, Bank	61 000	13 000	120 000	63 000
Total Current Assets	190 000	211 000	255 000	566 000
Total Assets	201 000	226 000	255 000	566 000
Total Equity	−484 000	−445 000	−412 000	−140 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	188 000	186 000	185 000	183 000
Unpaid Taxes	3 000	8 000	6 000	2 000
Dividends	0	0	0	0
Other Current Debt	488 000	477 000	477 000	522 000
Total Current Debt	686 000	671 000	668 000	707 000
Total Equity and Debt	201 000	226 000	255 000	566 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,06 %	7,19 %	66,02 %	−208,57 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	−32,5 %	−21,77 %	−143,16 %	93,59 %
Current Ratio	0,28	0,31	0,38	0,8
Quick Ratio	0,31	0,38	0,44	2,15
Equity Ratio	−2,41	−1,97	−1,62	−0,25
Gross Profit Margin	32,5 %	17,69 %	−104,74 %	123,4 %