NORWEGIAN OIL AND ENERGY SOLUTIONS AS

4027 STAVANGER

Finances

Return on Equity

43,75 %

Current Ratio

0,77

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	140 000	1 116 000	130 000	0
Net Income	−14 000	95 000	76 000	−85 000
Total Assets	254 000	2 543 000	132 000	2 000
Total Equity	−32 000	−166 000	−455 000	−388 000

Income (NOK)	2022	2021	2020	2019
Revenue	140 000	1 116 000	130 000	0
Expenditure	152 000	1 021 000	54 000	85 000
Operating Profit	−13 000	95 000	76 000	−85 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	0	0
Financial Balance	−1 000	0	0	0
Earnings Before Tax	−14 000	95 000	76 000	−85 000
Tax	0	0	0	0
Net Income	−14 000	95 000	76 000	−85 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	35 000	0	0	0
Total Current Assets	219 000	2 543 000	132 000	2 000
Total Assets	254 000	2 543 000	132 000	2 000
Total Retained Equity	−62 000	−196 000	−485 000	−418 000
Total Equity	−32 000	−166 000	−455 000	−388 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	286 000	2 709 000	586 000	389 000
Total Equity and Debt	254 000	2 543 000	132 000	2 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	140 000	1 116 000	130 000	0
Other Income	0	0	0	0
Revenue	140 000	1 116 000	130 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	−2 640 000	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	152 000	1 021 000	54 000	85 000
Operating Profit	−13 000	95 000	76 000	−85 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	0	0
Financial Balance	−1 000	0	0	0
Dividends	0	0	0	0
Net Income	−14 000	95 000	76 000	−85 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	35 000	0	0	0
Total Fixed Assets	35 000	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	102 000	2 431 000	132 000	2 000
Total Current Assets	219 000	2 543 000	132 000	2 000
Total Assets	254 000	2 543 000	132 000	2 000
Total Equity	−32 000	−166 000	−455 000	−388 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	−442 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	286 000	70 000	586 000	389 000
Total Current Debt	286 000	2 709 000	586 000	389 000
Total Equity and Debt	254 000	2 543 000	132 000	2 000

Financial indicators	2022	2021	2020	2019
Return on Equity	43,75 %	−57,23 %	−16,7 %	21,91 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	−9,29 %	8,51 %	58,46 %	-
Current Ratio	0,77	0,94	0,23	0,01
Quick Ratio	0,77	0,94	0,23	0,01
Equity Ratio	−0,13	−0,07	−3,45	−194
Gross Profit Margin	100 %	100 %	100 %	-