CM DISTRICT ENERGY NORWAY AS

0484 OSLO

Finances

Return on Equity

4,88 %

Current Ratio

0,74

Debt-to-Equity Ratio

0,83

Key figures (NOK)	2022	2021	2020
Revenue	77 291 000	50 856 000	33 463 000
Net Income	14 295 000	4 200 000	817 000
Total Assets	579 344 000	542 545 000	538 082 000
Total Equity	292 983 000	291 159 000	302 329 000

Income (NOK)	2022	2021	2020
Revenue	77 291 000	50 856 000	33 463 000
Expenditure	51 325 000	35 329 000	23 541 000
Operating Profit	25 965 000	15 528 000	9 922 000
Financial Income	5 000	2 000	4 111 000
Financial Costs	5 831 000	8 984 000	11 860 000
Financial Balance	−5 826 000	−8 982 000	−7 749 000
Earnings Before Tax	20 138 000	6 546 000	2 173 000
Tax	5 843 000	2 347 000	1 356 000
Net Income	14 295 000	4 200 000	817 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	546 678 000	524 190 000	521 664 000
Total Current Assets	32 667 000	18 356 000	16 418 000
Total Assets	579 344 000	542 545 000	538 082 000
Total Retained Equity	0	0	0
Total Equity	292 983 000	291 159 000	302 329 000
Total Long-Term Debt	242 162 000	223 663 000	219 993 000
Total Current Debt	44 199 000	27 724 000	15 759 000
Total Equity and Debt	579 344 000	542 545 000	538 082 000

Cash flow (NOK)	2022	2021	2020
Sales Income	77 291 000	50 856 000	33 463 000
Other Income	0	0	0
Revenue	77 291 000	50 856 000	33 463 000
Cost of Goods Sold	31 034 000	16 060 000	5 474 000
Salary Costs	2 475 000	1 822 000	1 312 000
Depreciation	9 776 000	9 166 000	9 028 000
Impairment	0	0	0
Expenditure	51 325 000	35 329 000	23 541 000
Operating Profit	25 965 000	15 528 000	9 922 000
Financial Income	5 000	2 000	4 111 000
Financial Costs	5 831 000	8 984 000	11 860 000
Financial Balance	−5 826 000	−8 982 000	−7 749 000
Dividends	0	0	0
Net Income	14 295 000	4 200 000	817 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	319 656 000	316 369 000	316 195 000
Real Eastate	227 012 000	207 788 000	204 671 000
Machinery and Plant Facilities	0	0	703 000
Fixtures	10 000	33 000	55 000
Total Tangible Assets	227 022 000	207 821 000	205 429 000
Total Fiancial Fixed Assets	0	0	40 000
Total Fixed Assets	546 678 000	524 190 000	521 664 000
Stock	539 000	582 000	421 000
Total Investments	0	0	0
Cash, Bank	3 281 000	774 000	9 864 000
Total Current Assets	32 667 000	18 356 000	16 418 000
Total Assets	579 344 000	542 545 000	538 082 000
Total Equity	292 983 000	291 159 000	302 329 000
Short-Term Group Debt	23 085 000	6 064 000	5 217 000
Total Long-Term Debt	242 162 000	223 663 000	219 993 000
Creditors	7 098 000	5 467 000	823 000
Unpaid Taxes	1 753 000	391 000	113 000
Dividends	0	0	0
Other Current Debt	5 685 000	2 104 000	874 000
Total Current Debt	44 199 000	27 724 000	15 759 000
Total Equity and Debt	579 344 000	542 545 000	538 082 000

Financial indicators	2022	2021	2020
Return on Equity	4,88 %	1,44 %	0,27 %
Debt-to-Equity Ratio	0,83	0,77	0,73
Operating Profit Margin	33,59 %	30,53 %	29,65 %
Current Ratio	0,74	0,66	1,04
Quick Ratio	0,75	0,68	1,07
Equity Ratio	0,51	0,54	0,56
Gross Profit Margin	59,85 %	68,42 %	83,64 %