ENERGY EMPRESS AS

6002 ÅLESUND

Finances

Share Ownership

Return on Equity

29,44 %

Current Ratio

0,05

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	56 982 000	21 006 000	21 423 000	21 472 000
Net Income	−20 707 000	−26 436 000	−32 927 000	−3 025 000
Total Assets	172 422 000	154 863 000	159 778 000	179 751 000
Total Equity	−70 343 000	−62 358 000	−35 922 000	−2 995 000

Income (NOK)	2022	2021	2020	2019
Revenue	56 982 000	21 006 000	21 423 000	21 472 000
Expenditure	29 542 000	33 207 000	47 903 000	18 132 000
Operating Profit	27 440 000	−12 201 000	−26 480 000	3 340 000
Financial Income	544 000	459 000	3 449 000	7 036 000
Financial Costs	48 691 000	14 694 000	9 896 000	13 400 000
Financial Balance	−48 147 000	−14 235 000	−6 447 000	−6 364 000
Earnings Before Tax	−20 707 000	−26 436 000	−32 927 000	−3 025 000
Tax	0	0	0	0
Net Income	−20 707 000	−26 436 000	−32 927 000	−3 025 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	159 970 000	149 120 000	153 992 000	174 852 000
Total Current Assets	12 452 000	5 743 000	5 786 000	4 899 000
Total Assets	172 422 000	154 863 000	159 778 000	179 751 000
Total Retained Equity	−83 094 000	−62 388 000	−35 952 000	−3 025 000
Total Equity	−70 343 000	−62 358 000	−35 922 000	−2 995 000
Total Long-Term Debt	0	0	0	110 759 000
Total Current Debt	242 765 000	217 221 000	195 700 000	71 987 000
Total Equity and Debt	172 422 000	154 863 000	159 778 000	179 751 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	56 982 000	21 006 000	21 423 000	21 472 000
Other Income	0	0	0	0
Revenue	56 982 000	21 006 000	21 423 000	21 472 000
Cost of Goods Sold	9 081 000	6 720 000	6 640 000	2 876 000
Salary Costs	25 392 000	19 079 000	17 274 000	10 214 000
Depreciation	5 325 000	4 872 000	5 535 000	3 478 000
Impairment	−14 000 000	0	16 000 000	0
Expenditure	29 542 000	33 207 000	47 903 000	18 132 000
Operating Profit	27 440 000	−12 201 000	−26 480 000	3 340 000
Financial Income	544 000	459 000	3 449 000	7 036 000
Financial Costs	48 691 000	14 694 000	9 896 000	13 400 000
Financial Balance	−48 147 000	−14 235 000	−6 447 000	−6 364 000
Dividends	0	0	0	0
Net Income	−20 707 000	−26 436 000	−32 927 000	−3 025 000

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	159 970 000	149 120 000	153 992 000	174 852 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	159 970 000	149 120 000	153 992 000	174 852 000
Stock	619 000	499 000	603 000	738 000
Total Investments	0	0	0	0
Cash, Bank	298 000	738 000	76 000	1 000
Total Current Assets	12 452 000	5 743 000	5 786 000	4 899 000
Total Assets	172 422 000	154 863 000	159 778 000	179 751 000
Total Equity	−70 343 000	−62 358 000	−35 922 000	−2 995 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	110 759 000
Creditors	19 918 000	17 469 000	21 424 000	7 663 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	222 848 000	79 689 000	56 421 000	46 026 000
Total Current Debt	242 765 000	217 221 000	195 700 000	71 987 000
Total Equity and Debt	172 422 000	154 863 000	159 778 000	179 751 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,44 %	42,39 %	91,66 %	101 %
Debt-to-Equity Ratio	−0	−0	−0	−36,98
Operating Profit Margin	48,16 %	−58,08 %	−123,61 %	15,56 %
Current Ratio	0,05	0,03	0,03	0,07
Quick Ratio	0,05	0,03	0,03	0,07
Equity Ratio	−0,41	−0,4	−0,22	−0,02
Gross Profit Margin	84,06 %	68,01 %	69,01 %	86,61 %