NORAN ENERGY NORGE AS

1396 BILLINGSTAD

Finances

Share Ownership

Return on Equity

54,42 %

Current Ratio

1,27

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	19 923 000	10 964 000	881 000	60 000
Net Income	523 000	436 000	12 000	−25 000
Total Assets	4 254 000	3 244 000	72 000	126 000
Total Equity	961 000	437 000	1 000	−10 000

Income (NOK)	2022	2021	2020	2019
Revenue	19 923 000	10 964 000	881 000	60 000
Expenditure	19 266 000	10 404 000	857 000	86 000
Operating Profit	657 000	560 000	23 000	−25 000
Financial Income	57 000	0	0	0
Financial Costs	43 000	9 000	11 000	0
Financial Balance	14 000	−9 000	−11 000	0
Earnings Before Tax	671 000	551 000	12 000	−25 000
Tax	148 000	115 000	0	0
Net Income	523 000	436 000	12 000	−25 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	65 000	87 000	74 000	0
Total Current Assets	4 189 000	3 157 000	−2 000	126 000
Total Assets	4 254 000	3 244 000	72 000	126 000
Total Retained Equity	931 000	407 000	−29 000	−40 000
Total Equity	961 000	437 000	1 000	−10 000
Total Long-Term Debt	5 000	147 000	141 000	141 000
Total Current Debt	3 288 000	2 659 000	−71 000	−5 000
Total Equity and Debt	4 254 000	3 244 000	72 000	126 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	19 923 000	10 964 000	881 000	60 000
Other Income	0	0	0	0
Revenue	19 923 000	10 964 000	881 000	60 000
Cost of Goods Sold	9 597 000	4 563 000	494 000	0
Salary Costs	8 038 000	4 719 000	195 000	0
Depreciation	22 000	18 000	4 000	0
Impairment	0	0	0	0
Expenditure	19 266 000	10 404 000	857 000	86 000
Operating Profit	657 000	560 000	23 000	−25 000
Financial Income	57 000	0	0	0
Financial Costs	43 000	9 000	11 000	0
Financial Balance	14 000	−9 000	−11 000	0
Dividends	0	0	0	0
Net Income	523 000	436 000	12 000	−25 000

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	65 000	87 000	74 000	0
Total Tangible Assets	65 000	87 000	74 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	65 000	87 000	74 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 745 000	1 468 000	112 000	8 000
Total Current Assets	4 189 000	3 157 000	−2 000	126 000
Total Assets	4 254 000	3 244 000	72 000	126 000
Total Equity	961 000	437 000	1 000	−10 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 000	147 000	141 000	141 000
Creditors	372 000	441 000	−182 000	−5 000
Unpaid Taxes	1 040 000	1 077 000	44 000	0
Dividends	0	0	0	0
Other Current Debt	1 727 000	1 032 000	67 000	0
Total Current Debt	3 288 000	2 659 000	−71 000	−5 000
Total Equity and Debt	4 254 000	3 244 000	72 000	126 000

Financial indicators	2022	2021	2020	2019
Return on Equity	54,42 %	99,77 %	1 200 %	250 %
Debt-to-Equity Ratio	0,01	0,34	141	−14,1
Operating Profit Margin	3,3 %	5,11 %	2,61 %	−41,67 %
Current Ratio	1,27	1,19	0,03	−25,2
Quick Ratio	1,27	1,19	0,03	−25,2
Equity Ratio	0,23	0,13	0,01	−0,08
Gross Profit Margin	51,83 %	58,38 %	43,93 %	100 %