GRØNN ENERGI VEST AS

4071 RANDABERG

Finances

Return on Equity

−433,95 %

Current Ratio

0,75

Debt-to-Equity Ratio

3,35

Key figures (NOK)	2022	2021	2020	2019
Revenue	34 000	647 000	125 000	0
Net Income	−1 176 000	−626 000	−614 000	−1 833 000
Total Assets	12 710 000	11 525 000	9 230 000	3 897 000
Total Equity	271 000	1 447 000	1 818 000	2 432 000

Income (NOK)	2022	2021	2020	2019
Revenue	34 000	647 000	125 000	0
Expenditure	1 128 000	1 212 000	636 000	1 773 000
Operating Profit	−1 094 000	−565 000	−511 000	−1 773 000
Financial Income	2 000	4 000	1 000	194 000
Financial Costs	84 000	65 000	105 000	254 000
Financial Balance	−82 000	−61 000	−104 000	−60 000
Earnings Before Tax	−1 176 000	−626 000	−614 000	−1 833 000
Tax	0	0	0	0
Net Income	−1 176 000	−626 000	−614 000	−1 833 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 048 000	4 048 000	4 048 000	1 503 000
Total Current Assets	8 662 000	7 477 000	5 182 000	2 394 000
Total Assets	12 710 000	11 525 000	9 230 000	3 897 000
Total Retained Equity	−16 516 000	−15 340 000	−14 970 000	−14 355 000
Total Equity	271 000	1 447 000	1 818 000	2 432 000
Total Long-Term Debt	907 000	907 000	1 473 000	1 158 000
Total Current Debt	11 533 000	9 172 000	5 939 000	306 000
Total Equity and Debt	12 710 000	11 525 000	9 230 000	3 897 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	34 000	647 000	125 000	0
Other Income	0	0	0	0
Revenue	34 000	647 000	125 000	0
Cost of Goods Sold	0	328 000	104 000	0
Salary Costs	984 000	593 000	327 000	411 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 128 000	1 212 000	636 000	1 773 000
Operating Profit	−1 094 000	−565 000	−511 000	−1 773 000
Financial Income	2 000	4 000	1 000	194 000
Financial Costs	84 000	65 000	105 000	254 000
Financial Balance	−82 000	−61 000	−104 000	−60 000
Dividends	0	0	0	0
Net Income	−1 176 000	−626 000	−614 000	−1 833 000

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	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	4 048 000	4 048 000	4 048 000	1 503 000
Total Fixed Assets	4 048 000	4 048 000	4 048 000	1 503 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	45 000	37 000	6 000	786 000
Total Current Assets	8 662 000	7 477 000	5 182 000	2 394 000
Total Assets	12 710 000	11 525 000	9 230 000	3 897 000
Total Equity	271 000	1 447 000	1 818 000	2 432 000
Short-Term Group Debt	9 790 000	7 395 000	5 445 000	0
Total Long-Term Debt	907 000	907 000	1 473 000	1 158 000
Creditors	77 000	55 000	36 000	142 000
Unpaid Taxes	78 000	64 000	0	31 000
Dividends	0	0	0	0
Other Current Debt	592 000	722 000	0	133 000
Total Current Debt	11 533 000	9 172 000	5 939 000	306 000
Total Equity and Debt	12 710 000	11 525 000	9 230 000	3 897 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−433,95 %	−43,26 %	−33,77 %	−75,37 %
Debt-to-Equity Ratio	3,35	0,63	0,81	0,48
Operating Profit Margin	−3 217,65 %	−87,33 %	−408,8 %	-
Current Ratio	0,75	0,82	0,87	7,82
Quick Ratio	0,75	0,82	0,87	7,82
Equity Ratio	0,02	0,13	0,2	0,62
Gross Profit Margin	100 %	49,3 %	16,8 %	-