SOURCE ENERGY AS

0250 OSLO

Finances

Share Ownership

Return on Equity

−31,17 %

Current Ratio

1,21

Debt-to-Equity Ratio

1,39

Key figures (NOK)	2022	2021	2020	2019
Revenue	726 000	0	0	0
Net Income	−56 155 000	−20 462 000	−36 112 000	−17 013 000
Total Assets	788 606 000	342 356 000	479 248 000	93 582 000
Total Equity	180 169 000	156 340 000	139 609 000	31 221 000

Income (NOK)	2022	2021	2020	2019
Revenue	726 000	0	0	0
Expenditure	204 538 000	67 586 000	139 274 000	57 237 000
Operating Profit	−203 812 000	−67 586 000	−139 274 000	−57 237 000
Financial Income	1 011 000	−103 000	5 594 000	177 000
Financial Costs	8 880 000	6 674 000	6 731 000	4 622 000
Financial Balance	−7 869 000	−6 777 000	−1 137 000	−4 445 000
Earnings Before Tax	−211 681 000	−74 363 000	−140 411 000	−61 682 000
Tax	−155 526 000	−53 901 000	−104 299 000	−44 669 000
Net Income	−56 155 000	−20 462 000	−36 112 000	−17 013 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	354 936 000	175 457 000	165 765 000	29 333 000
Total Current Assets	433 670 000	166 899 000	313 483 000	64 249 000
Total Assets	788 606 000	342 356 000	479 248 000	93 582 000
Total Retained Equity	−138 146 000	−81 990 000	−61 529 000	−25 417 000
Total Equity	180 169 000	156 340 000	139 609 000	31 221 000
Total Long-Term Debt	251 277 000	115 507 000	108 904 000	8 390 000
Total Current Debt	357 160 000	70 509 000	230 735 000	53 971 000
Total Equity and Debt	788 606 000	342 356 000	479 248 000	93 582 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	726 000	0	0	0
Revenue	726 000	0	0	0
Cost of Goods Sold	164 772 000	28 642 000	85 959 000	0
Salary Costs	28 433 000	27 454 000	36 812 000	30 638 000
Depreciation	3 101 000	3 186 000	3 215 000	3 233 000
Impairment	0	0	0	0
Expenditure	204 538 000	67 586 000	139 274 000	57 237 000
Operating Profit	−203 812 000	−67 586 000	−139 274 000	−57 237 000
Financial Income	1 011 000	−103 000	5 594 000	177 000
Financial Costs	8 880 000	6 674 000	6 731 000	4 622 000
Financial Balance	−7 869 000	−6 777 000	−1 137 000	−4 445 000
Dividends	0	0	0	0
Net Income	−56 155 000	−20 462 000	−36 112 000	−17 013 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	352 868 000	170 288 000	157 410 000	17 763 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 068 000	5 169 000	8 355 000	93 000
Total Tangible Assets	2 068 000	5 169 000	8 355 000	93 000
Total Fiancial Fixed Assets	0	0	0	11 477 000
Total Fixed Assets	354 936 000	175 457 000	165 765 000	29 333 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	128 633 000	102 266 000	76 753 000	15 853 000
Total Current Assets	433 670 000	166 899 000	313 483 000	64 249 000
Total Assets	788 606 000	342 356 000	479 248 000	93 582 000
Total Equity	180 169 000	156 340 000	139 609 000	31 221 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	251 277 000	115 507 000	108 904 000	8 390 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	62 407 000	18 453 000	25 131 000	20 051 000
Total Current Debt	357 160 000	70 509 000	230 735 000	53 971 000
Total Equity and Debt	788 606 000	342 356 000	479 248 000	93 582 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−31,17 %	−13,09 %	−25,87 %	−54,49 %
Debt-to-Equity Ratio	1,39	0,74	0,78	0,27
Operating Profit Margin	−28 073,28 %	-	-	-
Current Ratio	1,21	2,37	1,36	1,19
Quick Ratio	1,21	2,37	1,36	1,19
Equity Ratio	0,23	0,46	0,29	0,33
Gross Profit Margin	−22 595,87 %	-	-	-