H2 ENERGY AS

4137 ÅRDAL I RYFYLKE

Finances

Return on Equity

−1,56 %

Current Ratio

−1,68

Debt-to-Equity Ratio

4,36

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 000	0	0	0
Net Income	−4 000	69 000	−9 000	−7 000
Total Assets	1 285 000	1 301 000	1 232 000	1 041 000
Total Equity	257 000	261 000	192 000	1 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 000	0	0	0
Expenditure	17 000	17 000	12 000	9 000
Operating Profit	−4 000	−17 000	−12 000	−9 000
Financial Income	0	389 000	0	0
Financial Costs	0	290 000	0	0
Financial Balance	0	99 000	0	0
Earnings Before Tax	−4 000	82 000	−12 000	−9 000
Tax	0	13 000	−3 000	−2 000
Net Income	−4 000	69 000	−9 000	−7 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 127 000	1 127 000	1 040 000	1 038 000
Total Current Assets	158 000	175 000	192 000	4 000
Total Assets	1 285 000	1 301 000	1 232 000	1 041 000
Total Retained Equity	20 000	24 000	−30 000	−21 000
Total Equity	257 000	261 000	192 000	1 000
Total Long-Term Debt	1 121 000	1 040 000	1 040 000	1 040 000
Total Current Debt	−94 000	0	0	0
Total Equity and Debt	1 285 000	1 301 000	1 232 000	1 041 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	13 000	0	0	0
Revenue	13 000	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	17 000	17 000	12 000	9 000
Operating Profit	−4 000	−17 000	−12 000	−9 000
Financial Income	0	389 000	0	0
Financial Costs	0	290 000	0	0
Financial Balance	0	99 000	0	0
Dividends	0	0	0	0
Net Income	−4 000	69 000	−9 000	−7 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	13 000	10 000
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	1 127 000	1 127 000	1 028 000	1 028 000
Total Fixed Assets	1 127 000	1 127 000	1 040 000	1 038 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	158 000	175 000	192 000	4 000
Total Current Assets	158 000	175 000	192 000	4 000
Total Assets	1 285 000	1 301 000	1 232 000	1 041 000
Total Equity	257 000	261 000	192 000	1 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 121 000	1 040 000	1 040 000	1 040 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	−94 000	0	0	0
Total Current Debt	−94 000	0	0	0
Total Equity and Debt	1 285 000	1 301 000	1 232 000	1 041 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,56 %	26,44 %	−4,69 %	−700 %
Debt-to-Equity Ratio	4,36	3,98	5,42	1 040
Operating Profit Margin	−30,77 %	-	-	-
Current Ratio	−1,68	-	-	-
Quick Ratio	−1,68	-	-	-
Equity Ratio	0,2	0,2	0,16	0
Gross Profit Margin	100 %	-	-	-