ENERGY INNOVATION EQUIPMENT AS

4373 EGERSUND

Finances

Share Ownership

Return on Equity

23,34 %

Current Ratio

1,45

Debt-to-Equity Ratio

−4,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 316 000	4 014 000	972 000	954 000
Net Income	−541 000	−279 000	−1 062 000	−6 000
Total Assets	8 234 000	8 389 000	8 405 000	8 678 000
Total Equity	−2 318 000	−1 777 000	−1 498 000	−436 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 316 000	4 014 000	972 000	954 000
Expenditure	4 857 000	4 277 000	2 033 000	960 000
Operating Profit	−540 000	−263 000	−1 061 000	−6 000
Financial Income	0	0	0	1 000
Financial Costs	0	16 000	0	1 000
Financial Balance	0	−16 000	0	0
Earnings Before Tax	−541 000	−279 000	−1 062 000	−6 000
Tax	0	0	0	0
Net Income	−541 000	−279 000	−1 062 000	−6 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 456 000	6 752 000	6 944 000	7 596 000
Total Current Assets	1 779 000	1 637 000	1 460 000	1 083 000
Total Assets	8 234 000	8 389 000	8 405 000	8 678 000
Total Retained Equity	−2 348 000	−1 807 000	−1 528 000	−466 000
Total Equity	−2 318 000	−1 777 000	−1 498 000	−436 000
Total Long-Term Debt	9 327 000	8 876 000	8 529 000	9 091 000
Total Current Debt	1 225 000	1 291 000	1 374 000	24 000
Total Equity and Debt	8 234 000	8 389 000	8 405 000	8 678 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 316 000	0	0	3 000
Other Income	0	4 014 000	972 000	951 000
Revenue	4 316 000	4 014 000	972 000	954 000
Cost of Goods Sold	0	0	13 000	5 000
Salary Costs	0	0	0	0
Depreciation	377 000	371 000	414 000	402 000
Impairment	0	0	0	0
Expenditure	4 857 000	4 277 000	2 033 000	960 000
Operating Profit	−540 000	−263 000	−1 061 000	−6 000
Financial Income	0	0	0	1 000
Financial Costs	0	16 000	0	1 000
Financial Balance	0	−16 000	0	0
Dividends	0	0	0	0
Net Income	−541 000	−279 000	−1 062 000	−6 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	1 457 000
Machinery and Plant Facilities	5 544 000	5 766 000	5 989 000	6 077 000
Fixtures	912 000	986 000	956 000	62 000
Total Tangible Assets	6 456 000	6 752 000	6 944 000	7 596 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 456 000	6 752 000	6 944 000	7 596 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	788 000	1 066 000	276 000	1 080 000
Total Current Assets	1 779 000	1 637 000	1 460 000	1 083 000
Total Assets	8 234 000	8 389 000	8 405 000	8 678 000
Total Equity	−2 318 000	−1 777 000	−1 498 000	−436 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	9 327 000	8 876 000	8 529 000	9 091 000
Creditors	954 000	284 000	1 268 000	16 000
Unpaid Taxes	0	58 000	0	8 000
Dividends	0	0	0	0
Other Current Debt	272 000	948 000	106 000	0
Total Current Debt	1 225 000	1 291 000	1 374 000	24 000
Total Equity and Debt	8 234 000	8 389 000	8 405 000	8 678 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,34 %	15,7 %	70,89 %	1,38 %
Debt-to-Equity Ratio	−4,02	−4,99	−5,69	−20,85
Operating Profit Margin	−12,51 %	−6,55 %	−109,16 %	−0,63 %
Current Ratio	1,45	1,27	1,06	45,13
Quick Ratio	1,45	1,27	1,06	45,13
Equity Ratio	−0,28	−0,21	−0,18	−0,05
Gross Profit Margin	100 %	100 %	98,66 %	99,48 %