BATTERY OPERATIONS NORWAY AS

1630 GAMLE FREDRIKSTAD

Finances

Share Ownership

Return on Equity

61,58 %

Current Ratio

1,15

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	10 983 000	1 786 000	0
Net Income	234 000	61 000	−14 000
Total Assets	2 983 000	911 000	98 000
Total Equity	380 000	147 000	86 000

Income (NOK)	2022	2021	2020
Revenue	10 983 000	1 786 000	0
Expenditure	10 683 000	1 708 000	18 000
Operating Profit	299 000	78 000	−18 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	299 000	78 000	−18 000
Tax	66 000	17 000	−4 000
Net Income	234 000	61 000	−14 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	0	0	4 000
Total Current Assets	2 983 000	911 000	94 000
Total Assets	2 983 000	911 000	98 000
Total Retained Equity	280 000	47 000	−14 000
Total Equity	380 000	147 000	86 000
Total Long-Term Debt	0	0	0
Total Current Debt	2 603 000	765 000	13 000
Total Equity and Debt	2 983 000	911 000	98 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	10 983 000	1 786 000	0
Revenue	10 983 000	1 786 000	0
Cost of Goods Sold	0	0	0
Salary Costs	10 073 000	1 660 000	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	10 683 000	1 708 000	18 000
Operating Profit	299 000	78 000	−18 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	0	0	0
Net Income	234 000	61 000	−14 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	4 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	0	0	4 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	2 983 000	911 000	94 000
Total Current Assets	2 983 000	911 000	94 000
Total Assets	2 983 000	911 000	98 000
Total Equity	380 000	147 000	86 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	6 000	0	13 000
Unpaid Taxes	1 003 000	523 000	0
Dividends	0	0	0
Other Current Debt	1 528 000	229 000	0
Total Current Debt	2 603 000	765 000	13 000
Total Equity and Debt	2 983 000	911 000	98 000

Financial indicators	2022	2021	2020
Return on Equity	61,58 %	41,5 %	−16,28 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	2,72 %	4,37 %	-
Current Ratio	1,15	1,19	7,23
Quick Ratio	1,15	1,19	7,23
Equity Ratio	0,13	0,16	0,88
Gross Profit Margin	100 %	100 %	-