ADMIRAL ENERGY AS

1363 HØVIK

Finances

Share Ownership

Return on Equity

184,62 %

Current Ratio

1,7

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	984 000	537 000	0	93 000
Net Income	144 000	265 000	−1 000	50 000
Total Assets	194 000	53 000	51 000	52 000
Total Equity	78 000	−67 000	−332 000	−331 000

Income (NOK)	2022	2021	2020	2019
Revenue	984 000	537 000	0	93 000
Expenditure	839 000	318 000	1 000	0
Operating Profit	145 000	219 000	−1 000	93 000
Financial Income	0	46 000	0	0
Financial Costs	1 000	0	0	43 000
Financial Balance	−1 000	46 000	0	−43 000
Earnings Before Tax	144 000	265 000	−1 000	50 000
Tax	0	0	0	0
Net Income	144 000	265 000	−1 000	50 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	50 000	50 000
Total Current Assets	194 000	53 000	1 000	2 000
Total Assets	194 000	53 000	51 000	52 000
Total Retained Equity	−172 000	−317 000	−582 000	−581 000
Total Equity	78 000	−67 000	−332 000	−331 000
Total Long-Term Debt	1 000	34 000	383 000	383 000
Total Current Debt	114 000	85 000	0	0
Total Equity and Debt	194 000	53 000	51 000	52 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	984 000	537 000	0	93 000
Other Income	0	0	0	0
Revenue	984 000	537 000	0	93 000
Cost of Goods Sold	0	0	0	0
Salary Costs	693 000	253 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	839 000	318 000	1 000	0
Operating Profit	145 000	219 000	−1 000	93 000
Financial Income	0	46 000	0	0
Financial Costs	1 000	0	0	43 000
Financial Balance	−1 000	46 000	0	−43 000
Dividends	0	0	0	0
Net Income	144 000	265 000	−1 000	50 000

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	50 000	50 000
Total Fixed Assets	0	0	50 000	50 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	95 000	53 000	1 000	2 000
Total Current Assets	194 000	53 000	1 000	2 000
Total Assets	194 000	53 000	51 000	52 000
Total Equity	78 000	−67 000	−332 000	−331 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	34 000	383 000	383 000
Creditors	0	0	0	0
Unpaid Taxes	52 000	21 000	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	114 000	85 000	0	0
Total Equity and Debt	194 000	53 000	51 000	52 000

Financial indicators	2022	2021	2020	2019
Return on Equity	184,62 %	−395,52 %	0,3 %	−15,11 %
Debt-to-Equity Ratio	0,01	−0,51	−1,15	−1,16
Operating Profit Margin	14,74 %	40,78 %	-	100 %
Current Ratio	1,7	0,62	-	-
Quick Ratio	1,7	0,62	-	-
Equity Ratio	0,4	−1,26	−6,51	−6,37
Gross Profit Margin	100 %	100 %	-	100 %