EMPOWER NE II AS

0153 OSLO

Finances

Share Ownership

Return on Equity

68,88 %

Current Ratio

1,92

Debt-to-Equity Ratio

−1,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 145 000	2 258 000	2 440 000	4 969 000
Net Income	−14 461 000	−3 237 000	−3 548 000	706 000
Total Assets	3 719 000	3 250 000	3 364 000	4 897 000
Total Equity	−20 995 000	−6 534 000	−3 631 000	−82 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 145 000	2 258 000	2 440 000	4 969 000
Expenditure	11 221 000	5 467 000	5 750 000	4 201 000
Operating Profit	−9 076 000	−3 210 000	−3 310 000	767 000
Financial Income	548 000	65 000	6 000	8 000
Financial Costs	5 933 000	93 000	244 000	69 000
Financial Balance	−5 385 000	−28 000	−238 000	−61 000
Earnings Before Tax	−14 461 000	−3 237 000	−3 548 000	706 000
Tax	0	0	0	0
Net Income	−14 461 000	−3 237 000	−3 548 000	706 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 600 000	2 184 000	1 236 000	1 555 000
Total Current Assets	2 119 000	1 066 000	2 128 000	3 342 000
Total Assets	3 719 000	3 250 000	3 364 000	4 897 000
Total Retained Equity	−24 628 000	−10 167 000	−6 931 000	−3 382 000
Total Equity	−20 995 000	−6 534 000	−3 631 000	−82 000
Total Long-Term Debt	23 609 000	4 848 000	4 513 000	1 677 000
Total Current Debt	1 105 000	4 936 000	2 481 000	3 303 000
Total Equity and Debt	3 719 000	3 250 000	3 364 000	4 897 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 710 000	1 775 000	2 385 000	3 590 000
Other Income	435 000	483 000	55 000	1 379 000
Revenue	2 145 000	2 258 000	2 440 000	4 969 000
Cost of Goods Sold	0	0	0	0
Salary Costs	4 664 000	2 720 000	2 868 000	2 825 000
Depreciation	554 000	319 000	319 000	19 000
Impairment	0	0	0	0
Expenditure	11 221 000	5 467 000	5 750 000	4 201 000
Operating Profit	−9 076 000	−3 210 000	−3 310 000	767 000
Financial Income	548 000	65 000	6 000	8 000
Financial Costs	5 933 000	93 000	244 000	69 000
Financial Balance	−5 385 000	−28 000	−238 000	−61 000
Dividends	0	0	0	0
Net Income	−14 461 000	−3 237 000	−3 548 000	706 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 600 000	2 146 000	1 172 000	1 465 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	7 000	34 000	60 000
Total Tangible Assets	0	7 000	34 000	60 000
Total Fiancial Fixed Assets	0	30 000	30 000	30 000
Total Fixed Assets	1 600 000	2 184 000	1 236 000	1 555 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	395 000	693 000	1 674 000	1 574 000
Total Current Assets	2 119 000	1 066 000	2 128 000	3 342 000
Total Assets	3 719 000	3 250 000	3 364 000	4 897 000
Total Equity	−20 995 000	−6 534 000	−3 631 000	−82 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	23 609 000	4 848 000	4 513 000	1 677 000
Creditors	380 000	1 005 000	358 000	1 674 000
Unpaid Taxes	172 000	834 000	1 171 000	1 367 000
Dividends	0	0	0	0
Other Current Debt	553 000	3 098 000	953 000	261 000
Total Current Debt	1 105 000	4 936 000	2 481 000	3 303 000
Total Equity and Debt	3 719 000	3 250 000	3 364 000	4 897 000

Financial indicators	2022	2021	2020	2019
Return on Equity	68,88 %	49,54 %	97,71 %	−860,98 %
Debt-to-Equity Ratio	−1,12	−0,74	−1,24	−20,45
Operating Profit Margin	−423,12 %	−142,16 %	−135,66 %	15,44 %
Current Ratio	1,92	0,22	0,86	1,01
Quick Ratio	1,92	0,22	0,86	1,01
Equity Ratio	−5,65	−2,01	−1,08	−0,02
Gross Profit Margin	100 %	100 %	100 %	100 %