ENERGY DUCHESS AS

6002 ÅLESUND

Finances

Share Ownership

Return on Equity

43,1 %

Current Ratio

0,01

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	32 590 000	18 544 000	5 426 000	15 401 000
Net Income	−41 936 000	−22 280 000	−40 961 000	−6 640 000
Total Assets	160 832 000	156 729 000	154 462 000	178 551 000
Total Equity	−97 297 000	−69 851 000	−47 571 000	−6 610 000

Income (NOK)	2022	2021	2020	2019
Revenue	32 590 000	18 544 000	5 426 000	15 401 000
Expenditure	25 590 000	26 761 000	40 148 000	15 629 000
Operating Profit	7 000 000	−8 216 000	−34 723 000	−229 000
Financial Income	305 000	659 000	3 330 000	8 095 000
Financial Costs	49 242 000	14 724 000	9 568 000	14 506 000
Financial Balance	−48 937 000	−14 065 000	−6 238 000	−6 411 000
Earnings Before Tax	−41 936 000	−22 280 000	−40 961 000	−6 640 000
Tax	0	0	0	0
Net Income	−41 936 000	−22 280 000	−40 961 000	−6 640 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	157 406 000	148 560 000	153 506 000	174 374 000
Total Current Assets	3 427 000	8 170 000	956 000	4 178 000
Total Assets	160 832 000	156 729 000	154 462 000	178 551 000
Total Retained Equity	−111 817 000	−69 881 000	−47 601 000	−6 640 000
Total Equity	−97 297 000	−69 851 000	−47 571 000	−6 610 000
Total Long-Term Debt	0	0	0	110 970 000
Total Current Debt	258 129 000	226 580 000	202 033 000	74 192 000
Total Equity and Debt	160 832 000	156 729 000	154 462 000	178 551 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	32 590 000	18 544 000	5 426 000	15 401 000
Other Income	0	0	0	0
Revenue	32 590 000	18 544 000	5 426 000	15 401 000
Cost of Goods Sold	8 610 000	5 931 000	5 198 000	2 903 000
Salary Costs	21 789 000	13 418 000	10 957 000	8 008 000
Depreciation	5 400 000	4 947 000	5 542 000	3 154 000
Impairment	−14 000 000	0	16 000 000	0
Expenditure	25 590 000	26 761 000	40 148 000	15 629 000
Operating Profit	7 000 000	−8 216 000	−34 723 000	−229 000
Financial Income	305 000	659 000	3 330 000	8 095 000
Financial Costs	49 242 000	14 724 000	9 568 000	14 506 000
Financial Balance	−48 937 000	−14 065 000	−6 238 000	−6 411 000
Dividends	0	0	0	0
Net Income	−41 936 000	−22 280 000	−40 961 000	−6 640 000

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	157 406 000	148 560 000	153 506 000	174 374 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	157 406 000	148 560 000	153 506 000	174 374 000
Stock	274 000	400 000	512 000	1 161 000
Total Investments	0	0	0	0
Cash, Bank	202 000	11 000	2 000	0
Total Current Assets	3 427 000	8 170 000	956 000	4 178 000
Total Assets	160 832 000	156 729 000	154 462 000	178 551 000
Total Equity	−97 297 000	−69 851 000	−47 571 000	−6 610 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	110 970 000
Creditors	10 774 000	17 133 000	22 842 000	6 926 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	247 356 000	88 804 000	61 131 000	49 108 000
Total Current Debt	258 129 000	226 580 000	202 033 000	74 192 000
Total Equity and Debt	160 832 000	156 729 000	154 462 000	178 551 000

Financial indicators	2022	2021	2020	2019
Return on Equity	43,1 %	31,9 %	86,1 %	100,45 %
Debt-to-Equity Ratio	−0	−0	−0	−16,79
Operating Profit Margin	21,48 %	−44,31 %	−639,94 %	−1,49 %
Current Ratio	0,01	0,04	0	0,06
Quick Ratio	0,01	0,04	0	0,06
Equity Ratio	−0,6	−0,45	−0,31	−0,04
Gross Profit Margin	73,58 %	68,02 %	4,2 %	81,15 %