H2 PRODUCTION AS

5347 ÅGOTNES

Finances

Share Ownership

Return on Equity

−66,55 %

Current Ratio

1,17

Debt-to-Equity Ratio

3,5

Key figures (NOK)	2022	2021	2020
Revenue	11 000	41 000	0
Net Income	−5 956 000	−256 000	−38 000
Total Assets	57 892 000	18 720 000	5 068 000
Total Equity	8 950 000	14 907 000	162 000

Income (NOK)	2022	2021	2020
Revenue	11 000	41 000	0
Expenditure	4 644 000	297 000	38 000
Operating Profit	−4 633 000	−256 000	−38 000
Financial Income	45 000	0	0
Financial Costs	1 369 000	0	0
Financial Balance	−1 324 000	0	0
Earnings Before Tax	−5 956 000	−256 000	−38 000
Tax	0	0	0
Net Income	−5 956 000	−256 000	−38 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	37 241 000	12 734 000	4 905 000
Total Current Assets	20 650 000	5 985 000	162 000
Total Assets	57 892 000	18 720 000	5 068 000
Total Retained Equity	−6 250 000	−293 000	−38 000
Total Equity	8 950 000	14 907 000	162 000
Total Long-Term Debt	31 363 000	0	0
Total Current Debt	17 578 000	3 813 000	4 905 000
Total Equity and Debt	57 892 000	18 720 000	5 068 000

Cash flow (NOK)	2022	2021	2020
Sales Income	11 000	41 000	0
Other Income	0	0	0
Revenue	11 000	41 000	0
Cost of Goods Sold	0	6 000	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	4 644 000	297 000	38 000
Operating Profit	−4 633 000	−256 000	−38 000
Financial Income	45 000	0	0
Financial Costs	1 369 000	0	0
Financial Balance	−1 324 000	0	0
Dividends	0	0	0
Net Income	−5 956 000	−256 000	−38 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	37 241 000	12 734 000	4 905 000
Fixtures	0	0	0
Total Tangible Assets	37 241 000	12 734 000	4 905 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	37 241 000	12 734 000	4 905 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	18 460 000	4 831 000	162 000
Total Current Assets	20 650 000	5 985 000	162 000
Total Assets	57 892 000	18 720 000	5 068 000
Total Equity	8 950 000	14 907 000	162 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	31 363 000	0	0
Creditors	7 180 000	3 813 000	4 905 000
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	10 399 000	0	0
Total Current Debt	17 578 000	3 813 000	4 905 000
Total Equity and Debt	57 892 000	18 720 000	5 068 000

Financial indicators	2022	2021	2020
Return on Equity	−66,55 %	−1,72 %	−23,46 %
Debt-to-Equity Ratio	3,5	0	0
Operating Profit Margin	−42 118,18 %	−624,39 %	-
Current Ratio	1,17	1,57	0,03
Quick Ratio	1,17	1,57	0,03
Equity Ratio	0,15	0,8	0,03
Gross Profit Margin	100 %	85,37 %	-