NORWEGIAN POWER AS

4637 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

19,41 %

Current Ratio

0,63

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 311 000	2 888 000	160 000	1 000
Net Income	−151 000	−495 000	−162 000	0
Total Assets	1 417 000	1 035 000	148 000	30 000
Total Equity	−778 000	−626 000	−132 000	30 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 311 000	2 888 000	160 000	1 000
Expenditure	10 474 000	3 371 000	322 000	1 000
Operating Profit	−162 000	−484 000	−161 000	0
Financial Income	11 000	0	0	0
Financial Costs	0	11 000	0	0
Financial Balance	11 000	−11 000	0	0
Earnings Before Tax	−151 000	−495 000	−162 000	0
Tax	0	0	0	0
Net Income	−151 000	−495 000	−162 000	0

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	43 000	49 000	−46 000	0
Total Current Assets	1 374 000	985 000	194 000	30 000
Total Assets	1 417 000	1 035 000	148 000	30 000
Total Retained Equity	−808 000	−656 000	−162 000	0
Total Equity	−778 000	−626 000	−132 000	30 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 195 000	1 661 000	280 000	0
Total Equity and Debt	1 417 000	1 035 000	148 000	30 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 310 000	2 888 000	160 000	1 000
Other Income	1 000	0	0	0
Revenue	10 311 000	2 888 000	160 000	1 000
Cost of Goods Sold	7 510 000	2 382 000	216 000	1 000
Salary Costs	842 000	332 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	10 474 000	3 371 000	322 000	1 000
Operating Profit	−162 000	−484 000	−161 000	0
Financial Income	11 000	0	0	0
Financial Costs	0	11 000	0	0
Financial Balance	11 000	−11 000	0	0
Dividends	0	0	0	0
Net Income	−151 000	−495 000	−162 000	0

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	43 000	49 000	−46 000	0
Total Fixed Assets	43 000	49 000	−46 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	290 000	572 000	25 000	30 000
Total Current Assets	1 374 000	985 000	194 000	30 000
Total Assets	1 417 000	1 035 000	148 000	30 000
Total Equity	−778 000	−626 000	−132 000	30 000
Short-Term Group Debt	0	0	88 000	0
Total Long-Term Debt	0	0	0	0
Creditors	1 851 000	1 579 000	192 000	0
Unpaid Taxes	195 000	71 000	0	0
Dividends	0	0	0	0
Other Current Debt	148 000	11 000	0	0
Total Current Debt	2 195 000	1 661 000	280 000	0
Total Equity and Debt	1 417 000	1 035 000	148 000	30 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,41 %	79,07 %	122,73 %	0 %
Debt-to-Equity Ratio	−0	−0	−0	0
Operating Profit Margin	−1,57 %	−16,76 %	−100,63 %	0 %
Current Ratio	0,63	0,59	0,69	-
Quick Ratio	0,63	0,59	0,69	-
Equity Ratio	−0,55	−0,6	−0,89	1
Gross Profit Margin	27,17 %	17,52 %	−35 %	0 %