EUROPEAN DISTRIBUTED ENERGY ASSETS AS

0181 OSLO

Finances

Share Ownership

Return on Equity

0,38 %

Current Ratio

0,16

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	2 263 000	802 000	99 000
Net Income	47 000	−485 000	−263 000
Total Assets	45 706 000	20 857 000	7 939 000
Total Equity	12 339 000	12 292 000	7 777 000

Income (NOK)	2022	2021	2020
Revenue	2 263 000	802 000	99 000
Expenditure	1 945 000	1 271 000	362 000
Operating Profit	317 000	−469 000	−263 000
Financial Income	8 000	1 000	0
Financial Costs	279 000	17 000	0
Financial Balance	−271 000	−16 000	0
Earnings Before Tax	47 000	−485 000	−263 000
Tax	0	0	0
Net Income	47 000	−485 000	−263 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	42 430 000	15 250 000	5 653 000
Total Current Assets	3 276 000	5 608 000	2 285 000
Total Assets	45 706 000	20 857 000	7 939 000
Total Retained Equity	−701 000	−748 000	−263 000
Total Equity	12 339 000	12 292 000	7 777 000
Total Long-Term Debt	12 292 000	5 000 000	0
Total Current Debt	21 076 000	3 565 000	162 000
Total Equity and Debt	45 706 000	20 857 000	7 939 000

Cash flow (NOK)	2022	2021	2020
Sales Income	2 216 000	797 000	99 000
Other Income	47 000	5 000	0
Revenue	2 263 000	802 000	99 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	1 333 000	459 000	49 000
Impairment	0	109 000	0
Expenditure	1 945 000	1 271 000	362 000
Operating Profit	317 000	−469 000	−263 000
Financial Income	8 000	1 000	0
Financial Costs	279 000	17 000	0
Financial Balance	−271 000	−16 000	0
Dividends	0	0	0
Net Income	47 000	−485 000	−263 000

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	0	0	0
Fixtures	42 430 000	15 250 000	5 653 000
Total Tangible Assets	42 430 000	15 250 000	5 653 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	42 430 000	15 250 000	5 653 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	865 000	4 880 000	739 000
Total Current Assets	3 276 000	5 608 000	2 285 000
Total Assets	45 706 000	20 857 000	7 939 000
Total Equity	12 339 000	12 292 000	7 777 000
Short-Term Group Debt	213 000	824 000	29 000
Total Long-Term Debt	12 292 000	5 000 000	0
Creditors	19 164 000	1 210 000	59 000
Unpaid Taxes	0	0	25 000
Dividends	0	0	0
Other Current Debt	1 699 000	1 531 000	49 000
Total Current Debt	21 076 000	3 565 000	162 000
Total Equity and Debt	45 706 000	20 857 000	7 939 000

Financial indicators	2022	2021	2020
Return on Equity	0,38 %	−3,95 %	−3,38 %
Debt-to-Equity Ratio	1	0,41	0
Operating Profit Margin	14,01 %	−58,48 %	−265,66 %
Current Ratio	0,16	1,57	14,1
Quick Ratio	0,16	1,57	14,1
Equity Ratio	0,27	0,59	0,98
Gross Profit Margin	100 %	100 %	100 %