FORTE ENERGY NORWAY AS

0158 OSLO

Finances

Return on Equity

33,86 %

Current Ratio

1,38

Debt-to-Equity Ratio

1,92

Key figures (EUR)	2022	2021	2020
Revenue	32 037 000	14 797 000	647 000
Net Income	11 495 000	42 799 000	2 195 000
Total Assets	117 509 000	1 046 667 000	993 340 000
Total Equity	33 949 000	331 046 000	283 997 000

Income (EUR)	2022	2021	2020
Revenue	32 037 000	14 797 000	647 000
Expenditure	17 841 000	20 409 000	1 837 000
Operating Profit	14 196 000	−5 612 000	−1 190 000
Financial Income	7 683 000	75 460 000	8 458 000
Financial Costs	7 413 000	16 562 000	4 453 000
Financial Balance	270 000	58 898 000	4 005 000
Earnings Before Tax	14 466 000	53 286 000	2 814 000
Tax	2 971 000	10 487 000	619 000
Net Income	11 495 000	42 799 000	2 195 000

Balance (EUR)	2022	2021	2020
Total Fixed Assets	91 864 000	953 652 000	957 177 000
Total Current Assets	25 645 000	93 014 000	36 163 000
Total Assets	117 509 000	1 046 667 000	993 340 000
Total Retained Equity	9 460 000	49 244 000	2 195 000
Total Equity	33 949 000	331 046 000	283 997 000
Total Long-Term Debt	65 017 000	668 107 000	689 460 000
Total Current Debt	18 542 000	47 514 000	19 883 000
Total Equity and Debt	117 509 000	1 046 667 000	993 340 000

Cash flow (EUR)	2022	2021	2020
Sales Income	31 895 000	14 797 000	647 000
Other Income	142 000	0	0
Revenue	32 037 000	14 797 000	647 000
Cost of Goods Sold	2 157 000	4 318 000	1 077 000
Salary Costs	0	0	0
Depreciation	2 083 000	0	0
Impairment	0	0	0
Expenditure	17 841 000	20 409 000	1 837 000
Operating Profit	14 196 000	−5 612 000	−1 190 000
Financial Income	7 683 000	75 460 000	8 458 000
Financial Costs	7 413 000	16 562 000	4 453 000
Financial Balance	270 000	58 898 000	4 005 000
Dividends	9 000 000	0	0
Net Income	11 495 000	42 799 000	2 195 000

Balance details (EUR)	2022	2021	2020
Goodwill	6 018 000	0	0
Total Intangible Assets	6 066 000	0	0
Real Eastate	82 518 000	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	82 518 000	0	0
Total Fiancial Fixed Assets	3 279 000	953 652 000	957 177 000
Total Fixed Assets	91 864 000	953 652 000	957 177 000
Stock	0	0	0
Total Investments	0	1 715 000	0
Cash, Bank	22 985 000	35 278 000	15 000 000
Total Current Assets	25 645 000	93 014 000	36 163 000
Total Assets	117 509 000	1 046 667 000	993 340 000
Total Equity	33 949 000	331 046 000	283 997 000
Short-Term Group Debt	0	36 284 000	18 682 000
Total Long-Term Debt	65 017 000	668 107 000	689 460 000
Creditors	980 000	2 075 000	847 000
Unpaid Taxes	889 000	8 459 000	0
Dividends	9 000 000	0	0
Other Current Debt	13 392 000	409 000	353 000
Total Current Debt	18 542 000	47 514 000	19 883 000
Total Equity and Debt	117 509 000	1 046 667 000	993 340 000

Financial indicators	2022	2021	2020
Return on Equity	33,86 %	12,93 %	0,77 %
Debt-to-Equity Ratio	1,92	2,02	2,43
Operating Profit Margin	44,31 %	−37,93 %	−183,93 %
Current Ratio	1,38	1,96	1,82
Quick Ratio	1,38	1,96	1,82
Equity Ratio	0,29	0,32	0,29
Gross Profit Margin	93,27 %	70,82 %	−66,46 %