CORVUS ENERGY AS

5224 NESTTUN

Finances

Return on Equity

−27,5 %

Current Ratio

0,95

Debt-to-Equity Ratio

0,46

Key figures (USD)	2022	2021	2020	2019
Revenue	73 549 000	468 588 000	530 681 000	163 694 000
Net Income	−12 503 000	−29 847 000	9 367 000	−27 969 000
Total Assets	127 751 000	834 092 000	466 927 000	335 060 000
Total Equity	45 460 000	254 053 000	153 900 000	103 033 000

Income (USD)	2022	2021	2020	2019
Revenue	73 549 000	468 588 000	530 681 000	163 694 000
Expenditure	87 851 000	493 302 000	515 392 000	191 708 000
Operating Profit	−14 302 000	−23 111 000	17 014 000	−29 429 000
Financial Income	3 651 000	4 240 000	−3 910 000	2 836 000
Financial Costs	1 852 000	10 975 000	3 738 000	1 398 000
Financial Balance	1 799 000	−6 735 000	−7 648 000	1 438 000
Earnings Before Tax	−12 503 000	−29 847 000	9 367 000	−27 990 000
Tax	0	0	0	−21 000
Net Income	−12 503 000	−29 847 000	9 367 000	−27 969 000

Balance (USD)	2022	2021	2020	2019
Total Fixed Assets	69 516 000	110 355 000	76 347 000	78 831 000
Total Current Assets	58 235 000	723 737 000	390 580 000	256 229 000
Total Assets	127 751 000	834 092 000	466 927 000	335 060 000
Total Retained Equity	44 754 000	0	0	0
Total Equity	45 460 000	254 053 000	153 900 000	103 033 000
Total Long-Term Debt	20 894 000	54 583 000	73 825 000	38 344 000
Total Current Debt	61 396 000	525 456 000	239 202 000	193 683 000
Total Equity and Debt	127 750 000	834 092 000	466 927 000	335 060 000

Cash flow (USD)	2022	2021	2020	2019
Sales Income	73 549 000	468 517 000	530 655 000	162 839 000
Other Income	0	71 000	26 000	855 000
Revenue	73 549 000	468 588 000	530 681 000	163 694 000
Cost of Goods Sold	62 659 000	376 587 000	396 086 000	105 342 000
Salary Costs	0	48 501 000	38 029 000	29 769 000
Depreciation	4 055 000	10 756 000	9 625 000	2 100 000
Impairment	0	0	0	0
Expenditure	87 851 000	493 302 000	515 392 000	191 708 000
Operating Profit	−14 302 000	−23 111 000	17 014 000	−29 429 000
Financial Income	3 651 000	4 240 000	−3 910 000	2 836 000
Financial Costs	1 852 000	10 975 000	3 738 000	1 398 000
Financial Balance	1 799 000	−6 735 000	−7 648 000	1 438 000
Dividends	0	0	0	0
Net Income	−12 503 000	−29 847 000	9 367 000	−27 969 000

Balance details (USD)	2022	2021	2020	2019
Goodwill	4 357 000	0	0	0
Total Intangible Assets	35 741 000	44 360 000	4 993 000	1 885 000
Real Eastate	33 579 000	411 000	767 000	840 000
Machinery and Plant Facilities	0	54 281 000	59 118 000	64 534 000
Fixtures	0	11 238 000	11 403 000	11 344 000
Total Tangible Assets	33 579 000	65 930 000	71 289 000	76 718 000
Total Fiancial Fixed Assets	196 000	65 000	65 000	229 000
Total Fixed Assets	69 516 000	110 355 000	76 347 000	78 831 000
Stock	27 253 000	225 933 000	55 511 000	85 956 000
Total Investments	0	0	0	0
Cash, Bank	2 672 000	36 088 000	22 370 000	17 109 000
Total Current Assets	58 235 000	723 737 000	390 580 000	256 229 000
Total Assets	127 751 000	834 092 000	466 927 000	335 060 000
Total Equity	45 460 000	254 053 000	153 900 000	103 033 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	20 894 000	54 583 000	73 825 000	38 344 000
Creditors	0	136 331 000	53 623 000	56 869 000
Unpaid Taxes	0	22 566 000	9 108 000	8 614 000
Dividends	0	0	0	0
Other Current Debt	61 396 000	237 367 000	109 782 000	104 569 000
Total Current Debt	61 396 000	525 456 000	239 202 000	193 683 000
Total Equity and Debt	127 750 000	834 092 000	466 927 000	335 060 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−27,5 %	−11,75 %	6,09 %	−27,15 %
Debt-to-Equity Ratio	0,46	0,21	0,48	0,37
Operating Profit Margin	−19,45 %	−4,93 %	3,21 %	−17,98 %
Current Ratio	0,95	1,38	1,63	1,32
Quick Ratio	1,71	2,42	2,13	2,38
Equity Ratio	0,36	0,3	0,33	0,31
Gross Profit Margin	14,81 %	19,63 %	25,36 %	35,65 %