NORSK E-FUEL AS

0150 OSLO

Finances

Return on Equity

−19,05 %

Current Ratio

7,62

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 000	0	0	0
Net Income	−4 697 000	−5 952 000	−4 127 000	−27 000
Total Assets	27 159 000	8 030 000	9 869 000	35 000
Total Equity	24 658 000	5 365 000	−4 123 000	3 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 000	0	0	0
Expenditure	4 740 000	5 755 000	4 055 000	27 000
Operating Profit	−4 736 000	−5 756 000	−4 055 000	−27 000
Financial Income	75 000	199 000	871 000	0
Financial Costs	35 000	395 000	942 000	0
Financial Balance	40 000	−196 000	−71 000	0
Earnings Before Tax	−4 697 000	−5 952 000	−4 127 000	−27 000
Tax	0	0	0	0
Net Income	−4 697 000	−5 952 000	−4 127 000	−27 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 110 000	2 347 000	47 000	0
Total Current Assets	19 049 000	5 683 000	9 822 000	35 000
Total Assets	27 159 000	8 030 000	9 869 000	35 000
Total Retained Equity	−14 802 000	−10 105 000	−4 153 000	−27 000
Total Equity	24 658 000	5 365 000	−4 123 000	3 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 501 000	2 665 000	13 992 000	32 000
Total Equity and Debt	27 159 000	8 030 000	9 869 000	35 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	4 000	0	0	0
Revenue	4 000	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	318 000	2 895 000	271 000	0
Depreciation	13 000	3 000	0	0
Impairment	0	0	0	0
Expenditure	4 740 000	5 755 000	4 055 000	27 000
Operating Profit	−4 736 000	−5 756 000	−4 055 000	−27 000
Financial Income	75 000	199 000	871 000	0
Financial Costs	35 000	395 000	942 000	0
Financial Balance	40 000	−196 000	−71 000	0
Dividends	0	0	0	0
Net Income	−4 697 000	−5 952 000	−4 127 000	−27 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	7 985 000	2 293 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	95 000	23 000	0	0
Total Tangible Assets	8 080 000	2 317 000	0	0
Total Fiancial Fixed Assets	30 000	30 000	47 000	0
Total Fixed Assets	8 110 000	2 347 000	47 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	15 109 000	3 192 000	9 393 000	0
Total Current Assets	19 049 000	5 683 000	9 822 000	35 000
Total Assets	27 159 000	8 030 000	9 869 000	35 000
Total Equity	24 658 000	5 365 000	−4 123 000	3 000
Short-Term Group Debt	0	0	11 990 000	7 000
Total Long-Term Debt	0	0	0	0
Creditors	990 000	682 000	1 804 000	25 000
Unpaid Taxes	599 000	1 606 000	38 000	0
Dividends	0	0	0	0
Other Current Debt	911 000	378 000	161 000	0
Total Current Debt	2 501 000	2 665 000	13 992 000	32 000
Total Equity and Debt	27 159 000	8 030 000	9 869 000	35 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−19,05 %	−110,94 %	100,1 %	−900 %
Debt-to-Equity Ratio	0	0	−0	0
Operating Profit Margin	−118 400 %	-	-	-
Current Ratio	7,62	2,13	0,7	1,09
Quick Ratio	7,62	2,13	0,7	1,09
Equity Ratio	0,91	0,67	−0,42	0,09
Gross Profit Margin	100 %	-	-	-