EM-ENERGY SOLUTIONS AS

7018 TRONDHEIM

Finances

Share Ownership

Return on Equity

67,79 %

Current Ratio

Debt-to-Equity Ratio

−2,16

Key figures (NOK)	2021	2020	2019
Revenue	2 168 000	2 406 000	1 875 000
Net Income	−1 886 000	415 000	−1 431 000
Total Assets	6 263 000	5 473 000	2 031 000
Total Equity	−2 782 000	−896 000	−1 311 000

Income (NOK)	2021	2020	2019
Revenue	2 168 000	2 406 000	1 875 000
Expenditure	4 349 000	4 425 000	3 700 000
Operating Profit	−1 593 000	568 000	−1 825 000
Financial Income	−1 000	5 000	2 000
Financial Costs	7 000	38 000	12 000
Financial Balance	−8 000	−33 000	−10 000
Earnings Before Tax	−1 602 000	535 000	−1 835 000
Tax	284 000	120 000	−404 000
Net Income	−1 886 000	415 000	−1 431 000

Balance (NOK)	2021	2020	2019
Total Fixed Assets	3 218 000	3 098 000	690 000
Total Current Assets	3 045 000	2 375 000	1 341 000
Total Assets	6 263 000	5 473 000	2 031 000
Total Retained Equity	−2 902 000	−1 016 000	−1 431 000
Total Equity	−2 782 000	−896 000	−1 311 000
Total Long-Term Debt	6 000 000	5 720 000	2 637 000
Total Current Debt	3 044 000	649 000	705 000
Total Equity and Debt	6 263 000	5 473 000	2 031 000

Cash flow (NOK)	2021	2020	2019
Sales Income	2 050 000	1 331 000	251 000
Other Income	118 000	1 076 000	1 624 000
Revenue	2 168 000	2 406 000	1 875 000
Cost of Goods Sold	788 000	596 000	1 015 000
Salary Costs	2 016 000	2 486 000	950 000
Depreciation	641 000	66 000	7 000
Impairment	0	0	0
Expenditure	4 349 000	4 425 000	3 700 000
Operating Profit	−1 593 000	568 000	−1 825 000
Financial Income	−1 000	5 000	2 000
Financial Costs	7 000	38 000	12 000
Financial Balance	−8 000	−33 000	−10 000
Dividends	0	0	0
Net Income	−1 886 000	415 000	−1 431 000

Balance details (NOK)	2021	2020	2019
Goodwill	0	0	0
Total Intangible Assets	2 969 000	2 826 000	404 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	67 000	89 000	103 000
Total Tangible Assets	67 000	89 000	103 000
Total Fiancial Fixed Assets	183 000	183 000	183 000
Total Fixed Assets	3 218 000	3 098 000	690 000
Stock	1 060 000	723 000	187 000
Total Investments	0	0	0
Cash, Bank	79 000	266 000	109 000
Total Current Assets	3 045 000	2 375 000	1 341 000
Total Assets	6 263 000	5 473 000	2 031 000
Total Equity	−2 782 000	−896 000	−1 311 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	6 000 000	5 720 000	2 637 000
Creditors	480 000	52 000	169 000
Unpaid Taxes	187 000	153 000	135 000
Dividends	0	0	0
Other Current Debt	2 378 000	444 000	401 000
Total Current Debt	3 044 000	649 000	705 000
Total Equity and Debt	6 263 000	5 473 000	2 031 000

Financial indicators	2021	2020	2019
Return on Equity	67,79 %	−46,32 %	109,15 %
Debt-to-Equity Ratio	−2,16	−6,38	−2,01
Operating Profit Margin	−73,48 %	23,61 %	−97,33 %
Current Ratio	1	3,66	1,9
Quick Ratio	1,53	−32,09	2,59
Equity Ratio	−0,44	−0,16	−0,65
Gross Profit Margin	63,65 %	75,23 %	45,87 %