THE ENGINE NORWAY AS

0166 OSLO

Finances

Share Ownership

Return on Equity

8,7 %

Current Ratio

1,05

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 306 000	5 029 000	1 178 000	867 000
Net Income	12 000	5 000	101 000	67 000
Total Assets	1 314 000	2 027 000	890 000	259 000
Total Equity	138 000	126 000	121 000	20 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 306 000	5 029 000	1 178 000	867 000
Expenditure	4 286 000	4 992 000	1 049 000	808 000
Operating Profit	18 000	37 000	129 000	60 000
Financial Income	31 000	11 000	1 000	7 000
Financial Costs	31 000	40 000	4 000	0
Financial Balance	0	−29 000	−3 000	7 000
Earnings Before Tax	19 000	8 000	127 000	67 000
Tax	7 000	2 000	26 000	0
Net Income	12 000	5 000	101 000	67 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	77 000	91 000	0	0
Total Current Assets	1 237 000	1 936 000	890 000	259 000
Total Assets	1 314 000	2 027 000	890 000	259 000
Total Retained Equity	108 000	96 000	91 000	−10 000
Total Equity	138 000	126 000	121 000	20 000
Total Long-Term Debt	0	309 000	67 000	0
Total Current Debt	1 175 000	1 592 000	703 000	240 000
Total Equity and Debt	1 314 000	2 027 000	890 000	259 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 306 000	5 029 000	1 178 000	867 000
Other Income	0	0	0	0
Revenue	4 306 000	5 029 000	1 178 000	867 000
Cost of Goods Sold	582 000	1 170 000	134 000	12 000
Salary Costs	1 691 000	2 924 000	386 000	517 000
Depreciation	14 000	6 000	0	0
Impairment	0	0	0	0
Expenditure	4 286 000	4 992 000	1 049 000	808 000
Operating Profit	18 000	37 000	129 000	60 000
Financial Income	31 000	11 000	1 000	7 000
Financial Costs	31 000	40 000	4 000	0
Financial Balance	0	−29 000	−3 000	7 000
Dividends	0	0	0	0
Net Income	12 000	5 000	101 000	67 000

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	14 000	0	0
Total Tangible Assets	0	14 000	0	0
Total Fiancial Fixed Assets	77 000	77 000	0	0
Total Fixed Assets	77 000	91 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	213 000	360 000	234 000	50 000
Total Current Assets	1 237 000	1 936 000	890 000	259 000
Total Assets	1 314 000	2 027 000	890 000	259 000
Total Equity	138 000	126 000	121 000	20 000
Short-Term Group Debt	0	0	115 000	115 000
Total Long-Term Debt	0	309 000	67 000	0
Creditors	751 000	840 000	228 000	37 000
Unpaid Taxes	89 000	467 000	89 000	35 000
Dividends	0	0	0	0
Other Current Debt	329 000	283 000	244 000	52 000
Total Current Debt	1 175 000	1 592 000	703 000	240 000
Total Equity and Debt	1 314 000	2 027 000	890 000	259 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,7 %	3,97 %	83,47 %	335 %
Debt-to-Equity Ratio	0	2,45	0,55	0
Operating Profit Margin	0,42 %	0,74 %	10,95 %	6,92 %
Current Ratio	1,05	1,22	1,27	1,08
Quick Ratio	1,05	1,22	1,27	1,08
Equity Ratio	0,11	0,06	0,14	0,08
Gross Profit Margin	86,48 %	76,73 %	88,62 %	98,62 %