ENGLAN FUEL HEATING AS

8140 INNDYR

Finances

Share Ownership

Return on Equity

19,1 %

Current Ratio

1,85

Debt-to-Equity Ratio

−1,41

Key figures (NOK)	2022	2021	2020	2019
Revenue	204 000	1 040 000	808 000	11 000
Net Income	−421 000	−70 000	−1 453 000	−290 000
Total Assets	1 209 000	1 180 000	1 251 000	2 445 000
Total Equity	−2 204 000	−1 783 000	−1 713 000	−260 000

Income (NOK)	2022	2021	2020	2019
Revenue	204 000	1 040 000	808 000	11 000
Expenditure	707 000	1 129 000	2 672 000	376 000
Operating Profit	−503 000	−89 000	−1 863 000	−365 000
Financial Income	1 000	0	1 000	0
Financial Costs	38 000	0	0	8 000
Financial Balance	−37 000	0	1 000	−8 000
Earnings Before Tax	−540 000	−90 000	−1 863 000	−372 000
Tax	−119 000	−20 000	−410 000	−82 000
Net Income	−421 000	−70 000	−1 453 000	−290 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	630 000	511 000	492 000	82 000
Total Current Assets	578 000	669 000	759 000	2 363 000
Total Assets	1 209 000	1 180 000	1 251 000	2 445 000
Total Retained Equity	−2 234 000	−1 813 000	−1 743 000	−290 000
Total Equity	−2 204 000	−1 783 000	−1 713 000	−260 000
Total Long-Term Debt	3 100 000	2 800 000	2 650 000	2 500 000
Total Current Debt	313 000	163 000	314 000	205 000
Total Equity and Debt	1 209 000	1 180 000	1 251 000	2 445 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	204 000	1 040 000	818 000	0
Other Income	0	0	−11 000	11 000
Revenue	204 000	1 040 000	808 000	11 000
Cost of Goods Sold	2 000	9 000	1 390 000	0
Salary Costs	522 000	943 000	856 000	240 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	707 000	1 129 000	2 672 000	376 000
Operating Profit	−503 000	−89 000	−1 863 000	−365 000
Financial Income	1 000	0	1 000	0
Financial Costs	38 000	0	0	8 000
Financial Balance	−37 000	0	1 000	−8 000
Dividends	0	0	0	0
Net Income	−421 000	−70 000	−1 453 000	−290 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	630 000	511 000	492 000	82 000
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	0	0	0	0
Total Fixed Assets	630 000	511 000	492 000	82 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	38 000	173 000	32 000	2 328 000
Total Current Assets	578 000	669 000	759 000	2 363 000
Total Assets	1 209 000	1 180 000	1 251 000	2 445 000
Total Equity	−2 204 000	−1 783 000	−1 713 000	−260 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 100 000	2 800 000	2 650 000	2 500 000
Creditors	22 000	0	31 000	68 000
Unpaid Taxes	70 000	47 000	160 000	82 000
Dividends	0	0	0	0
Other Current Debt	221 000	116 000	124 000	55 000
Total Current Debt	313 000	163 000	314 000	205 000
Total Equity and Debt	1 209 000	1 180 000	1 251 000	2 445 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,1 %	3,93 %	84,82 %	111,54 %
Debt-to-Equity Ratio	−1,41	−1,57	−1,55	−9,62
Operating Profit Margin	−246,57 %	−8,56 %	−230,57 %	−3 318,18 %
Current Ratio	1,85	4,1	2,42	11,53
Quick Ratio	1,85	4,1	2,42	11,53
Equity Ratio	−1,82	−1,51	−1,37	−0,11
Gross Profit Margin	99,02 %	99,13 %	−72,03 %	100 %