ENERGY INNOVATION AS

4373 EGERSUND

Finances

Return on Equity

−37,58 %

Current Ratio

0,82

Debt-to-Equity Ratio

0,62

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 352 000	8 232 000	5 010 000	3 260 000
Net Income	−2 219 000	−1 192 000	217 000	−729 000
Total Assets	15 590 000	16 944 000	11 473 000	10 584 000
Total Equity	5 904 000	7 935 000	6 787 000	6 570 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 352 000	8 232 000	5 010 000	3 260 000
Expenditure	12 350 000	9 932 000	4 674 000	3 856 000
Operating Profit	−1 997 000	−1 699 000	336 000	−595 000
Financial Income	2 000	9 000	9 000	1 000
Financial Costs	224 000	162 000	129 000	135 000
Financial Balance	−222 000	−153 000	−120 000	−134 000
Earnings Before Tax	−2 219 000	−1 852 000	217 000	−729 000
Tax	0	−660 000	0	0
Net Income	−2 219 000	−1 192 000	217 000	−729 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 657 000	10 589 000	9 190 000	9 184 000
Total Current Assets	4 933 000	6 355 000	2 283 000	1 399 000
Total Assets	15 590 000	16 944 000	11 473 000	10 584 000
Total Retained Equity	−6 784 000	−4 565 000	−5 703 000	−5 920 000
Total Equity	5 904 000	7 935 000	6 787 000	6 570 000
Total Long-Term Debt	3 681 000	3 085 000	2 770 000	3 438 000
Total Current Debt	6 006 000	5 923 000	1 916 000	576 000
Total Equity and Debt	15 590 000	16 944 000	11 473 000	10 584 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 538 000	7 237 000	3 837 000	1 813 000
Other Income	1 814 000	995 000	1 173 000	1 447 000
Revenue	10 352 000	8 232 000	5 010 000	3 260 000
Cost of Goods Sold	1 964 000	1 054 000	1 099 000	0
Salary Costs	4 588 000	2 641 000	1 608 000	1 723 000
Depreciation	547 000	380 000	61 000	1 000
Impairment	0	0	0	0
Expenditure	12 350 000	9 932 000	4 674 000	3 856 000
Operating Profit	−1 997 000	−1 699 000	336 000	−595 000
Financial Income	2 000	9 000	9 000	1 000
Financial Costs	224 000	162 000	129 000	135 000
Financial Balance	−222 000	−153 000	−120 000	−134 000
Dividends	0	0	0	0
Net Income	−2 219 000	−1 192 000	217 000	−729 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 190 000	1 564 000	580 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	81 000	89 000	22 000	33 000
Total Tangible Assets	81 000	89 000	22 000	33 000
Total Fiancial Fixed Assets	9 387 000	8 936 000	8 589 000	9 151 000
Total Fixed Assets	10 657 000	10 589 000	9 190 000	9 184 000
Stock	735 000	503 000	0	0
Total Investments	0	0	0	0
Cash, Bank	1 124 000	988 000	1 667 000	420 000
Total Current Assets	4 933 000	6 355 000	2 283 000	1 399 000
Total Assets	15 590 000	16 944 000	11 473 000	10 584 000
Total Equity	5 904 000	7 935 000	6 787 000	6 570 000
Short-Term Group Debt	2 008 000	3 000 000	0	0
Total Long-Term Debt	3 681 000	3 085 000	2 770 000	3 438 000
Creditors	1 564 000	1 970 000	250 000	97 000
Unpaid Taxes	281 000	229 000	162 000	169 000
Dividends	0	0	0	0
Other Current Debt	2 153 000	724 000	1 505 000	310 000
Total Current Debt	6 006 000	5 923 000	1 916 000	576 000
Total Equity and Debt	15 590 000	16 944 000	11 473 000	10 584 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−37,58 %	−15,02 %	3,2 %	−11,1 %
Debt-to-Equity Ratio	0,62	0,39	0,41	0,52
Operating Profit Margin	−19,29 %	−20,64 %	6,71 %	−18,25 %
Current Ratio	0,82	1,07	1,19	2,43
Quick Ratio	0,94	1,17	1,19	2,43
Equity Ratio	0,38	0,47	0,59	0,62
Gross Profit Margin	81,03 %	87,2 %	78,06 %	100 %