EUROPEAN DISTRIBUTED ENERGY ASSETS MIDCO AS

0181 OSLO

Finances

Return on Equity

0,27 %

Current Ratio

29,3

Debt-to-Equity Ratio

0,89

Key figures (NOK)	2022	2021	2020
Revenue	0	0	0
Net Income	387 000	−1 069 000	−254 000
Total Assets	270 787 000	104 260 000	1 748 000
Total Equity	142 450 000	73 175 000	−214 000

Income (NOK)	2022	2021	2020
Revenue	0	0	0
Expenditure	424 000	184 000	254 000
Operating Profit	−424 000	−184 000	−254 000
Financial Income	9 041 000	385 000	0
Financial Costs	8 231 000	1 270 000	0
Financial Balance	810 000	−885 000	0
Earnings Before Tax	387 000	−1 069 000	−254 000
Tax	0	0	0
Net Income	387 000	−1 069 000	−254 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	204 550 000	84 834 000	0
Total Current Assets	66 237 000	19 426 000	1 748 000
Total Assets	270 787 000	104 260 000	1 748 000
Total Retained Equity	−936 000	−1 323 000	−254 000
Total Equity	142 450 000	73 175 000	−214 000
Total Long-Term Debt	126 075 000	30 000 000	0
Total Current Debt	2 261 000	1 085 000	1 961 000
Total Equity and Debt	270 787 000	104 260 000	1 748 000

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	424 000	184 000	254 000
Operating Profit	−424 000	−184 000	−254 000
Financial Income	9 041 000	385 000	0
Financial Costs	8 231 000	1 270 000	0
Financial Balance	810 000	−885 000	0
Dividends	0	0	0
Net Income	387 000	−1 069 000	−254 000

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	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	204 550 000	84 834 000	0
Total Fixed Assets	204 550 000	84 834 000	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	63 005 000	16 911 000	0
Total Current Assets	66 237 000	19 426 000	1 748 000
Total Assets	270 787 000	104 260 000	1 748 000
Total Equity	142 450 000	73 175 000	−214 000
Short-Term Group Debt	1 563 000	938 000	938 000
Total Long-Term Debt	126 075 000	30 000 000	0
Creditors	161 000	0	0
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	538 000	148 000	1 024 000
Total Current Debt	2 261 000	1 085 000	1 961 000
Total Equity and Debt	270 787 000	104 260 000	1 748 000

Financial indicators	2022	2021	2020
Return on Equity	0,27 %	−1,46 %	118,69 %
Debt-to-Equity Ratio	0,89	0,41	−0
Operating Profit Margin	-	-	-
Current Ratio	29,3	17,9	0,89
Quick Ratio	29,3	17,9	0,89
Equity Ratio	0,53	0,7	−0,12
Gross Profit Margin	-	-	-