ENERGETIC RELEASE AS

3560 HEMSEDAL

Finances

Share Ownership

Return on Equity

−106,67 %

Current Ratio

0,78

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	243 000	185 000	696 000	317 000
Net Income	−16 000	−64 000	308 000	−197 000
Total Assets	306 000	229 000	525 000	55 000
Total Equity	15 000	32 000	95 000	−213 000

Income (NOK)	2022	2021	2020	2019
Revenue	243 000	185 000	696 000	317 000
Expenditure	261 000	248 000	360 000	515 000
Operating Profit	−19 000	−63 000	336 000	−198 000
Financial Income	1 000	0	0	0
Financial Costs	1 000	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−19 000	−64 000	336 000	−197 000
Tax	−3 000	0	28 000	0
Net Income	−16 000	−64 000	308 000	−197 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	81 000	63 000	105 000	35 000
Total Current Assets	226 000	166 000	421 000	20 000
Total Assets	306 000	229 000	525 000	55 000
Total Retained Equity	−15 000	2 000	65 000	−243 000
Total Equity	15 000	32 000	95 000	−213 000
Total Long-Term Debt	0	1 000	1 000	1 000
Total Current Debt	291 000	197 000	429 000	267 000
Total Equity and Debt	306 000	229 000	525 000	55 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	196 000	159 000	696 000	50 000
Other Income	47 000	26 000	0	267 000
Revenue	243 000	185 000	696 000	317 000
Cost of Goods Sold	68 000	102 000	18 000	14 000
Salary Costs	63 000	41 000	249 000	399 000
Depreciation	48 000	41 000	30 000	10 000
Impairment	0	0	0	0
Expenditure	261 000	248 000	360 000	515 000
Operating Profit	−19 000	−63 000	336 000	−198 000
Financial Income	1 000	0	0	0
Financial Costs	1 000	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−16 000	−64 000	308 000	−197 000

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	81 000	63 000	105 000	35 000
Fixtures	0	0	0	0
Total Tangible Assets	81 000	63 000	105 000	35 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	81 000	63 000	105 000	35 000
Stock	69 000	69 000	0	0
Total Investments	0	0	0	0
Cash, Bank	140 000	80 000	404 000	4 000
Total Current Assets	226 000	166 000	421 000	20 000
Total Assets	306 000	229 000	525 000	55 000
Total Equity	15 000	32 000	95 000	−213 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 000	1 000	1 000
Creditors	53 000	11 000	11 000	8 000
Unpaid Taxes	17 000	−15 000	162 000	15 000
Dividends	0	0	0	0
Other Current Debt	203 000	199 000	228 000	244 000
Total Current Debt	291 000	197 000	429 000	267 000
Total Equity and Debt	306 000	229 000	525 000	55 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−106,67 %	−200 %	324,21 %	92,49 %
Debt-to-Equity Ratio	0	0,03	0,01	−0
Operating Profit Margin	−7,82 %	−34,05 %	48,28 %	−62,46 %
Current Ratio	0,78	0,84	0,98	0,07
Quick Ratio	1,02	1,3	0,98	0,07
Equity Ratio	0,05	0,14	0,18	−3,87
Gross Profit Margin	72,02 %	44,86 %	97,41 %	95,58 %