T9 ENERGY AS

1455 NORDRE FROGN

Finances

Share Ownership

Return on Equity

64,04 %

Current Ratio

1,39

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 123 000	1 348 000	1 406 000	1 872 000
Net Income	438 000	−139 000	20 000	246 000
Total Assets	1 239 000	421 000	447 000	580 000
Total Equity	684 000	246 000	385 000	365 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 123 000	1 348 000	1 406 000	1 872 000
Expenditure	1 664 000	1 487 000	1 387 000	1 626 000
Operating Profit	460 000	−139 000	19 000	246 000
Financial Income	1 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	1 000	0	0	0
Earnings Before Tax	461 000	−139 000	20 000	246 000
Tax	22 000	0	0	0
Net Income	438 000	−139 000	20 000	246 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	486 000	45 000	0	0
Total Current Assets	753 000	375 000	447 000	580 000
Total Assets	1 239 000	421 000	447 000	580 000
Total Retained Equity	584 000	146 000	285 000	265 000
Total Equity	684 000	246 000	385 000	365 000
Total Long-Term Debt	14 000	0	0	0
Total Current Debt	540 000	175 000	62 000	215 000
Total Equity and Debt	1 239 000	421 000	447 000	580 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 123 000	1 348 000	1 406 000	1 872 000
Other Income	0	0	0	0
Revenue	2 123 000	1 348 000	1 406 000	1 872 000
Cost of Goods Sold	165 000	87 000	298 000	450 000
Salary Costs	729 000	783 000	722 000	794 000
Depreciation	30 000	6 000	0	0
Impairment	0	0	0	0
Expenditure	1 664 000	1 487 000	1 387 000	1 626 000
Operating Profit	460 000	−139 000	19 000	246 000
Financial Income	1 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	1 000	0	0	0
Dividends	0	0	0	0
Net Income	438 000	−139 000	20 000	246 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	155 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	331 000	28 000	0	0
Total Tangible Assets	486 000	28 000	0	0
Total Fiancial Fixed Assets	0	17 000	0	0
Total Fixed Assets	486 000	45 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	259 000	45 000	232 000	113 000
Total Current Assets	753 000	375 000	447 000	580 000
Total Assets	1 239 000	421 000	447 000	580 000
Total Equity	684 000	246 000	385 000	365 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	14 000	0	0	0
Creditors	91 000	71 000	−11 000	−65 000
Unpaid Taxes	204 000	238 000	112 000	140 000
Dividends	0	0	0	0
Other Current Debt	236 000	−134 000	−39 000	140 000
Total Current Debt	540 000	175 000	62 000	215 000
Total Equity and Debt	1 239 000	421 000	447 000	580 000

Financial indicators	2022	2021	2020	2019
Return on Equity	64,04 %	−56,5 %	5,19 %	67,4 %
Debt-to-Equity Ratio	0,02	0	0	0
Operating Profit Margin	21,67 %	−10,31 %	1,35 %	13,14 %
Current Ratio	1,39	2,14	7,21	2,7
Quick Ratio	1,39	2,14	7,21	2,7
Equity Ratio	0,55	0,58	0,86	0,63
Gross Profit Margin	92,23 %	93,55 %	78,81 %	75,96 %