EUROPEAN ENERGY NORGE AS

7500 STJØRDAL

Finances

Share Ownership

Return on Equity

180,56 %

Current Ratio

0,02

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020
Revenue	0	0	0
Net Income	−65 000	28 000	−14 000
Total Assets	5 608 000	4 096 000	1 151 000
Total Equity	−36 000	30 000	2 000

Income (NOK)	2022	2021	2020
Revenue	0	0	0
Expenditure	97 000	69 000	16 000
Operating Profit	−97 000	−69 000	−16 000
Financial Income	15 000	105 000	0
Financial Costs	2 000	1 000	6 000
Financial Balance	13 000	104 000	−6 000
Earnings Before Tax	−84 000	35 000	−22 000
Tax	−18 000	8 000	−8 000
Net Income	−65 000	28 000	−14 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	5 477 000	3 832 000	1 105 000
Total Current Assets	131 000	264 000	46 000
Total Assets	5 608 000	4 096 000	1 151 000
Total Retained Equity	−52 000	14 000	−14 000
Total Equity	−36 000	30 000	2 000
Total Long-Term Debt	0	0	0
Total Current Debt	5 644 000	4 066 000	1 148 000
Total Equity and Debt	5 608 000	4 096 000	1 151 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	0	0	0
Revenue	0	0	0
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	97 000	69 000	16 000
Operating Profit	−97 000	−69 000	−16 000
Financial Income	15 000	105 000	0
Financial Costs	2 000	1 000	6 000
Financial Balance	13 000	104 000	−6 000
Dividends	0	0	0
Net Income	−65 000	28 000	−14 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	19 000	0	8 000
Real Eastate	5 458 000	3 832 000	1 097 000
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	5 458 000	3 832 000	1 097 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	5 477 000	3 832 000	1 105 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	71 000	45 000	42 000
Total Current Assets	131 000	264 000	46 000
Total Assets	5 608 000	4 096 000	1 151 000
Total Equity	−36 000	30 000	2 000
Short-Term Group Debt	5 484 000	3 933 000	1 010 000
Total Long-Term Debt	0	0	0
Creditors	160 000	133 000	138 000
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	0	0	0
Total Current Debt	5 644 000	4 066 000	1 148 000
Total Equity and Debt	5 608 000	4 096 000	1 151 000

Financial indicators	2022	2021	2020
Return on Equity	180,56 %	93,33 %	−700 %
Debt-to-Equity Ratio	−0	0	0
Operating Profit Margin	-	-	-
Current Ratio	0,02	0,06	0,04
Quick Ratio	0,02	0,06	0,04
Equity Ratio	−0,01	0,01	0
Gross Profit Margin	-	-	-