BIOFUEL DEVELOPMENT AS

5160 LAKSEVÅG

Finances

Share Ownership

Return on Equity

71,29 %

Current Ratio

0,02

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−144 000	−94 000	−89 000	−194 000
Total Assets	330 000	409 000	419 000	429 000
Total Equity	−202 000	−58 000	36 000	124 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	144 000	94 000	89 000	171 000
Operating Profit	−144 000	−94 000	−89 000	−171 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−144 000	−94 000	−89 000	−171 000
Tax	0	0	0	24 000
Net Income	−144 000	−94 000	−89 000	−194 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	320 000	401 000	414 000	427 000
Total Current Assets	10 000	8 000	5 000	2 000
Total Assets	330 000	409 000	419 000	429 000
Total Retained Equity	−625 000	−480 000	−387 000	−298 000
Total Equity	−202 000	−58 000	36 000	124 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	532 000	467 000	383 000	305 000
Total Equity and Debt	330 000	409 000	419 000	429 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	1 000
Depreciation	81 000	13 000	13 000	23 000
Impairment	0	0	0	0
Expenditure	144 000	94 000	89 000	171 000
Operating Profit	−144 000	−94 000	−89 000	−171 000
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	−144 000	−94 000	−89 000	−194 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	320 000	400 000	400 000	400 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	1 000	14 000	27 000
Total Tangible Assets	0	1 000	14 000	27 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	320 000	401 000	414 000	427 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 000	0	1 000	1 000
Total Current Assets	10 000	8 000	5 000	2 000
Total Assets	330 000	409 000	419 000	429 000
Total Equity	−202 000	−58 000	36 000	124 000
Short-Term Group Debt	427 000	384 000	319 000	252 000
Total Long-Term Debt	0	0	0	0
Creditors	23 000	0	0	0
Unpaid Taxes	0	0	0	1 000
Dividends	0	0	0	0
Other Current Debt	82 000	82 000	64 000	52 000
Total Current Debt	532 000	467 000	383 000	305 000
Total Equity and Debt	330 000	409 000	419 000	429 000

Financial indicators	2022	2021	2020	2019
Return on Equity	71,29 %	162,07 %	−247,22 %	−156,45 %
Debt-to-Equity Ratio	−0	−0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	0,02	0,02	0,01	0,01
Quick Ratio	0,02	0,02	0,01	0,01
Equity Ratio	−0,61	−0,14	0,09	0,29
Gross Profit Margin	-	-	-	-