ELECTRIC FOREST AS

2150 ÅRNES

Finances

Return on Equity

31 %

Current Ratio

9,7

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	4 234 000	92 000	−414 000	−263 000
Total Assets	14 629 000	9 436 000	8 212 000	8 626 000
Total Equity	13 658 000	9 424 000	9 331 000	9 745 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	17 000	16 000	16 000	303 000
Operating Profit	−17 000	−16 000	−16 000	−303 000
Financial Income	5 679 000	889 000	344 000	48 000
Financial Costs	469 000	781 000	743 000	0
Financial Balance	5 210 000	108 000	−399 000	48 000
Earnings Before Tax	5 193 000	92 000	−414 000	−256 000
Tax	959 000	0	0	8 000
Net Income	4 234 000	92 000	−414 000	−263 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 208 000	4 108 000	750 000	2 759 000
Total Current Assets	9 421 000	5 328 000	7 462 000	5 867 000
Total Assets	14 629 000	9 436 000	8 212 000	8 626 000
Total Retained Equity	13 628 000	9 394 000	9 301 000	9 715 000
Total Equity	13 658 000	9 424 000	9 331 000	9 745 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	971 000	12 000	−1 119 000	−1 119 000
Total Equity and Debt	14 629 000	9 436 000	8 212 000	8 626 000

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	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	17 000	16 000	16 000	303 000
Operating Profit	−17 000	−16 000	−16 000	−303 000
Financial Income	5 679 000	889 000	344 000	48 000
Financial Costs	469 000	781 000	743 000	0
Financial Balance	5 210 000	108 000	−399 000	48 000
Dividends	0	0	0	100 000
Net Income	4 234 000	92 000	−414 000	−263 000

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	5 208 000	4 108 000	750 000	2 759 000
Total Fixed Assets	5 208 000	4 108 000	750 000	2 759 000
Stock	0	0	0	0
Total Investments	3 953 000	5 003 000	5 906 000	4 329 000
Cash, Bank	5 273 000	325 000	1 556 000	1 538 000
Total Current Assets	9 421 000	5 328 000	7 462 000	5 867 000
Total Assets	14 629 000	9 436 000	8 212 000	8 626 000
Total Equity	13 658 000	9 424 000	9 331 000	9 745 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	1 000	1 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	100 000
Other Current Debt	12 000	12 000	−1 220 000	−1 220 000
Total Current Debt	971 000	12 000	−1 119 000	−1 119 000
Total Equity and Debt	14 629 000	9 436 000	8 212 000	8 626 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31 %	0,98 %	−4,44 %	−2,7 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	9,7	444	−6,67	−5,24
Quick Ratio	9,7	444	−6,67	−5,24
Equity Ratio	0,93	1	1,14	1,13
Gross Profit Margin	-	-	-	-