OFF GRID ENERGY AS

1443 DRØBAK

Finances

Share Ownership

Return on Equity

−48,39 %

Current Ratio

0,22

Debt-to-Equity Ratio

−0,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	698 000	230 000	0	0
Net Income	75 000	−27 000	−17 000	−16 000
Total Assets	40 000	17 000	17 000	18 000
Total Equity	−155 000	−230 000	−203 000	−187 000

Income (NOK)	2022	2021	2020	2019
Revenue	698 000	230 000	0	0
Expenditure	622 000	257 000	16 000	16 000
Operating Profit	75 000	−27 000	−16 000	−16 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	75 000	−27 000	−17 000	−16 000
Tax	0	0	0	0
Net Income	75 000	−27 000	−17 000	−16 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	17 000	18 000
Total Current Assets	40 000	17 000	0	−1 000
Total Assets	40 000	17 000	17 000	18 000
Total Retained Equity	−255 000	−330 000	−303 000	−217 000
Total Equity	−155 000	−230 000	−203 000	−187 000
Total Long-Term Debt	16 000	0	148 000	148 000
Total Current Debt	179 000	247 000	72 000	56 000
Total Equity and Debt	40 000	17 000	17 000	18 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	698 000	230 000	0	0
Other Income	0	0	0	0
Revenue	698 000	230 000	0	0
Cost of Goods Sold	420 000	206 000	0	0
Salary Costs	102 000	3 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	622 000	257 000	16 000	16 000
Operating Profit	75 000	−27 000	−16 000	−16 000
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	75 000	−27 000	−17 000	−16 000

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	0	0	17 000	18 000
Total Fixed Assets	0	0	17 000	18 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	40 000	2 000	0	−1 000
Total Current Assets	40 000	17 000	0	−1 000
Total Assets	40 000	17 000	17 000	18 000
Total Equity	−155 000	−230 000	−203 000	−187 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	16 000	0	148 000	148 000
Creditors	125 000	92 000	72 000	56 000
Unpaid Taxes	41 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	12 000	155 000	0	0
Total Current Debt	179 000	247 000	72 000	56 000
Total Equity and Debt	40 000	17 000	17 000	18 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−48,39 %	11,74 %	8,37 %	8,56 %
Debt-to-Equity Ratio	−0,1	−0	−0,73	−0,79
Operating Profit Margin	10,74 %	−11,74 %	-	-
Current Ratio	0,22	0,07	0	−0,02
Quick Ratio	0,22	0,07	0	−0,02
Equity Ratio	−3,88	−13,53	−11,94	−10,39
Gross Profit Margin	39,83 %	10,43 %	-	-