SUSTAINABLE ENERGY AS

5412 STORD

Finances

Share Ownership

Return on Equity

8,65 %

Current Ratio

1,13

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	49 058 000	35 540 000	48 120 000	18 518 000
Net Income	274 000	−384 000	436 000	721 000
Total Assets	19 073 000	23 652 000	28 412 000	10 232 000
Total Equity	3 166 000	2 417 000	2 801 000	2 365 000

Income (NOK)	2022	2021	2020	2019
Revenue	49 058 000	35 540 000	48 120 000	18 518 000
Expenditure	48 693 000	35 442 000	47 538 000	17 597 000
Operating Profit	365 000	97 000	582 000	920 000
Financial Income	4 000	6 000	9 000	3 000
Financial Costs	1 000	3 000	2 000	0
Financial Balance	3 000	3 000	7 000	3 000
Earnings Before Tax	368 000	101 000	589 000	923 000
Tax	94 000	485 000	153 000	202 000
Net Income	274 000	−384 000	436 000	721 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 175 000	873 000	541 000	0
Total Current Assets	17 898 000	22 779 000	27 871 000	10 232 000
Total Assets	19 073 000	23 652 000	28 412 000	10 232 000
Total Retained Equity	1 516 000	767 000	1 151 000	715 000
Total Equity	3 166 000	2 417 000	2 801 000	2 365 000
Total Long-Term Debt	47 000	0	0	10 000
Total Current Debt	15 860 000	21 235 000	25 611 000	7 857 000
Total Equity and Debt	19 073 000	23 652 000	28 412 000	10 232 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 802 000	3 952 000	2 422 000	1 920 000
Other Income	33 255 000	31 587 000	45 698 000	16 598 000
Revenue	49 058 000	35 540 000	48 120 000	18 518 000
Cost of Goods Sold	36 050 000	25 306 000	42 582 000	15 557 000
Salary Costs	8 865 000	7 141 000	3 546 000	1 452 000
Depreciation	226 000	164 000	0	0
Impairment	0	0	0	0
Expenditure	48 693 000	35 442 000	47 538 000	17 597 000
Operating Profit	365 000	97 000	582 000	920 000
Financial Income	4 000	6 000	9 000	3 000
Financial Costs	1 000	3 000	2 000	0
Financial Balance	3 000	3 000	7 000	3 000
Dividends	0	0	0	0
Net Income	274 000	−384 000	436 000	721 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	656 000	222 000	200 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	520 000	650 000	341 000	0
Total Tangible Assets	520 000	650 000	341 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 175 000	873 000	541 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 959 000	16 561 000	16 158 000	4 620 000
Total Current Assets	17 898 000	22 779 000	27 871 000	10 232 000
Total Assets	19 073 000	23 652 000	28 412 000	10 232 000
Total Equity	3 166 000	2 417 000	2 801 000	2 365 000
Short-Term Group Debt	0	0	0	1 000
Total Long-Term Debt	47 000	0	0	10 000
Creditors	2 741 000	698 000	1 436 000	2 531 000
Unpaid Taxes	662 000	505 000	169 000	0
Dividends	0	0	0	0
Other Current Debt	12 401 000	19 547 000	23 843 000	5 133 000
Total Current Debt	15 860 000	21 235 000	25 611 000	7 857 000
Total Equity and Debt	19 073 000	23 652 000	28 412 000	10 232 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,65 %	−15,89 %	15,57 %	30,49 %
Debt-to-Equity Ratio	0,01	0	0	0
Operating Profit Margin	0,74 %	0,27 %	1,21 %	4,97 %
Current Ratio	1,13	1,07	1,09	1,3
Quick Ratio	1,13	1,07	1,09	1,3
Equity Ratio	0,17	0,1	0,1	0,23
Gross Profit Margin	26,52 %	28,8 %	11,51 %	15,99 %