CORVUS ENERGY HOLDING AS

5224 NESTTUN

Finances

Return on Equity

−27,5 %

Current Ratio

0,95

Debt-to-Equity Ratio

0,46

Key figures (USD)	2022	2021	2020	2019
Revenue	73 549 000	60 225 000	60 919 000	46 284 000
Net Income	−12 503 000	−14 028 000	−4 533 000	−16 406 000
Total Assets	127 751 000	140 033 000	70 882 000	67 676 000
Total Equity	45 460 000	60 150 000	6 526 000	11 386 000

Income (USD)	2022	2021	2020	2019
Revenue	73 549 000	60 225 000	60 919 000	46 284 000
Expenditure	87 851 000	70 605 000	62 860 000	61 393 000
Operating Profit	−14 302 000	−10 380 000	−1 941 000	−15 109 000
Financial Income	3 651 000	0	8 000	493 000
Financial Costs	1 852 000	3 649 000	2 600 000	1 790 000
Financial Balance	1 799 000	−3 649 000	−2 592 000	−1 297 000
Earnings Before Tax	−12 503 000	−14 028 000	−4 533 000	−16 406 000
Tax	0	0	0	0
Net Income	−12 503 000	−14 028 000	−4 533 000	−16 406 000

Balance (USD)	2022	2021	2020	2019
Total Fixed Assets	69 516 000	37 905 000	32 110 000	26 725 000
Total Current Assets	58 235 000	102 127 000	38 772 000	40 951 000
Total Assets	127 751 000	140 033 000	70 882 000	67 676 000
Total Retained Equity	44 754 000	−15 476 000	−676 000	10 882 000
Total Equity	45 460 000	60 150 000	6 526 000	11 386 000
Total Long-Term Debt	20 894 000	13 303 000	15 032 000	11 782 000
Total Current Debt	61 396 000	66 579 000	49 324 000	44 508 000
Total Equity and Debt	127 750 000	140 033 000	70 882 000	67 676 000

Cash flow (USD)	2022	2021	2020	2019
Sales Income	73 549 000	60 225 000	60 919 000	46 284 000
Other Income	0	0	0	0
Revenue	73 549 000	60 225 000	60 919 000	46 284 000
Cost of Goods Sold	62 659 000	49 925 000	47 163 000	37 252 000
Salary Costs	0	0	0	7 495 000
Depreciation	4 055 000	3 274 000	2 855 000	2 281 000
Impairment	0	0	0	0
Expenditure	87 851 000	70 605 000	62 860 000	61 393 000
Operating Profit	−14 302 000	−10 380 000	−1 941 000	−15 109 000
Financial Income	3 651 000	0	8 000	493 000
Financial Costs	1 852 000	3 649 000	2 600 000	1 790 000
Financial Balance	1 799 000	−3 649 000	−2 592 000	−1 297 000
Dividends	0	0	0	0
Net Income	−12 503 000	−14 028 000	−4 533 000	−16 406 000

Balance details (USD)	2022	2021	2020	2019
Goodwill	4 357 000	0	0	0
Total Intangible Assets	35 741 000	17 937 000	5 473 000	5 123 000
Real Eastate	33 579 000	0	0	0
Machinery and Plant Facilities	0	19 798 000	26 638 000	21 602 000
Fixtures	0	0	0	0
Total Tangible Assets	33 579 000	19 798 000	26 638 000	21 602 000
Total Fiancial Fixed Assets	196 000	170 000	0	0
Total Fixed Assets	69 516 000	37 905 000	32 110 000	26 725 000
Stock	27 253 000	30 265 000	12 084 000	20 816 000
Total Investments	0	0	0	0
Cash, Bank	2 672 000	45 969 000	5 541 000	8 043 000
Total Current Assets	58 235 000	102 127 000	38 772 000	40 951 000
Total Assets	127 751 000	140 033 000	70 882 000	67 676 000
Total Equity	45 460 000	60 150 000	6 526 000	11 386 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	20 894 000	13 303 000	15 032 000	11 782 000
Creditors	0	16 880 000	7 698 000	13 129 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	61 396 000	49 699 000	29 167 000	24 601 000
Total Current Debt	61 396 000	66 579 000	49 324 000	44 508 000
Total Equity and Debt	127 750 000	140 033 000	70 882 000	67 676 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−27,5 %	−23,32 %	−69,46 %	−144,09 %
Debt-to-Equity Ratio	0,46	0,22	2,3	1,03
Operating Profit Margin	−19,45 %	−17,24 %	−3,19 %	−32,64 %
Current Ratio	0,95	1,53	0,79	0,92
Quick Ratio	1,71	2,81	1,04	1,73
Equity Ratio	0,36	0,43	0,09	0,17
Gross Profit Margin	14,81 %	17,1 %	22,58 %	19,51 %