NORTH SEA ENERGY PARK AS

4373 EGERSUND

Finances

Share Ownership

Return on Equity

−30,36 %

Current Ratio

0,4

Debt-to-Equity Ratio

2,68

Key figures (NOK)	2022	2021	2020
Revenue	0	50 000	50 000
Net Income	−2 339 000	−1 033 000	−10 000
Total Assets	29 208 000	30 701 000	8 977 000
Total Equity	7 704 000	5 587 000	20 000

Income (NOK)	2022	2021	2020
Revenue	0	50 000	50 000
Expenditure	2 336 000	1 000 000	60 000
Operating Profit	−2 336 000	−950 000	−10 000
Financial Income	7 000	1 000	1 000
Financial Costs	10 000	85 000	1 000
Financial Balance	−3 000	−84 000	0
Earnings Before Tax	−2 339 000	−1 033 000	−10 000
Tax	0	0	0
Net Income	−2 339 000	−1 033 000	−10 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	28 881 000	25 656 000	8 238 000
Total Current Assets	327 000	5 045 000	739 000
Total Assets	29 208 000	30 701 000	8 977 000
Total Retained Equity	0	0	−10 000
Total Equity	7 704 000	5 587 000	20 000
Total Long-Term Debt	20 678 000	23 335 000	6 000 000
Total Current Debt	826 000	1 779 000	2 957 000
Total Equity and Debt	29 208 000	30 701 000	8 977 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	50 000	50 000
Other Income	0	0	0
Revenue	0	50 000	50 000
Cost of Goods Sold	0	0	0
Salary Costs	96 000	95 000	0
Depreciation	2 000	3 000	0
Impairment	0	0	0
Expenditure	2 336 000	1 000 000	60 000
Operating Profit	−2 336 000	−950 000	−10 000
Financial Income	7 000	1 000	1 000
Financial Costs	10 000	85 000	1 000
Financial Balance	−3 000	−84 000	0
Dividends	0	0	0
Net Income	−2 339 000	−1 033 000	−10 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	28 782 000	25 555 000	8 238 000
Machinery and Plant Facilities	0	0	0
Fixtures	99 000	101 000	0
Total Tangible Assets	28 881 000	25 656 000	8 238 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	28 881 000	25 656 000	8 238 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	327 000	5 045 000	677 000
Total Current Assets	327 000	5 045 000	739 000
Total Assets	29 208 000	30 701 000	8 977 000
Total Equity	7 704 000	5 587 000	20 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	20 678 000	23 335 000	6 000 000
Creditors	759 000	1 554 000	2 779 000
Unpaid Taxes	67 000	180 000	13 000
Dividends	0	0	0
Other Current Debt	0	46 000	165 000
Total Current Debt	826 000	1 779 000	2 957 000
Total Equity and Debt	29 208 000	30 701 000	8 977 000

Financial indicators	2022	2021	2020
Return on Equity	−30,36 %	−18,49 %	−50 %
Debt-to-Equity Ratio	2,68	4,18	300
Operating Profit Margin	-	−1 900 %	−20 %
Current Ratio	0,4	2,84	0,25
Quick Ratio	0,4	2,84	0,25
Equity Ratio	0,26	0,18	0
Gross Profit Margin	-	100 %	100 %