GREEN CLEAN TECHNOLOGY AS

3735 SKIEN

Finances

Share Ownership

Return on Equity

29,77 %

Current Ratio

3,13

Debt-to-Equity Ratio

0,09

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 477 000	2 114 000	1 401 000	1 782 000
Net Income	382 000	706 000	430 000	195 000
Total Assets	1 781 000	1 939 000	1 188 000	1 151 000
Total Equity	1 283 000	901 000	545 000	115 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 477 000	2 114 000	1 401 000	1 782 000
Expenditure	969 000	1 201 000	900 000	1 480 000
Operating Profit	508 000	913 000	501 000	302 000
Financial Income	6 000	2 000	20 000	0
Financial Costs	12 000	0	8 000	25 000
Financial Balance	−6 000	2 000	12 000	−25 000
Earnings Before Tax	502 000	914 000	513 000	277 000
Tax	120 000	209 000	83 000	82 000
Net Income	382 000	706 000	430 000	195 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	565 000	914 000	972 000	851 000
Total Current Assets	1 216 000	1 025 000	216 000	300 000
Total Assets	1 781 000	1 939 000	1 188 000	1 151 000
Total Retained Equity	1 253 000	871 000	515 000	85 000
Total Equity	1 283 000	901 000	545 000	115 000
Total Long-Term Debt	110 000	225 000	255 000	373 000
Total Current Debt	388 000	813 000	388 000	662 000
Total Equity and Debt	1 781 000	1 939 000	1 188 000	1 151 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 442 000	2 079 000	1 190 000	1 747 000
Other Income	35 000	35 000	211 000	35 000
Revenue	1 477 000	2 114 000	1 401 000	1 782 000
Cost of Goods Sold	80 000	179 000	30 000	352 000
Salary Costs	0	0	0	0
Depreciation	349 000	264 000	241 000	118 000
Impairment	0	0	0	0
Expenditure	969 000	1 201 000	900 000	1 480 000
Operating Profit	508 000	913 000	501 000	302 000
Financial Income	6 000	2 000	20 000	0
Financial Costs	12 000	0	8 000	25 000
Financial Balance	−6 000	2 000	12 000	−25 000
Dividends	0	350 000	0	0
Net Income	382 000	706 000	430 000	195 000

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	111 000	0	0	0
Fixtures	453 000	914 000	856 000	851 000
Total Tangible Assets	565 000	914 000	856 000	851 000
Total Fiancial Fixed Assets	0	0	117 000	0
Total Fixed Assets	565 000	914 000	972 000	851 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 135 000	524 000	37 000	120 000
Total Current Assets	1 216 000	1 025 000	216 000	300 000
Total Assets	1 781 000	1 939 000	1 188 000	1 151 000
Total Equity	1 283 000	901 000	545 000	115 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	110 000	225 000	255 000	373 000
Creditors	5 000	231 000	68 000	116 000
Unpaid Taxes	0	0	0	0
Dividends	0	350 000	0	0
Other Current Debt	262 000	373 000	237 000	464 000
Total Current Debt	388 000	813 000	388 000	662 000
Total Equity and Debt	1 781 000	1 939 000	1 188 000	1 151 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,77 %	78,36 %	78,9 %	169,57 %
Debt-to-Equity Ratio	0,09	0,25	0,47	3,24
Operating Profit Margin	34,39 %	43,19 %	35,76 %	16,95 %
Current Ratio	3,13	1,26	0,56	0,45
Quick Ratio	3,13	1,26	0,56	0,45
Equity Ratio	0,72	0,46	0,46	0,1
Gross Profit Margin	94,58 %	91,53 %	97,86 %	80,25 %