RISSA FORNYBAR ENERGI AS

7100 RISSA

Finances

Share Ownership

Return on Equity

28,35 %

Current Ratio

1,58

Debt-to-Equity Ratio

1,77

Key figures (NOK)	2022	2021	2020
Revenue	1 720 000	1 576 000	278 000
Net Income	108 000	−485 000	−243 000
Total Assets	1 916 000	1 359 000	1 611 000
Total Equity	381 000	273 000	757 000

Income (NOK)	2022	2021	2020
Revenue	1 720 000	1 576 000	278 000
Expenditure	1 581 000	1 966 000	490 000
Operating Profit	139 000	−390 000	−302 000
Financial Income	2 000	0	0
Financial Costs	33 000	26 000	9 000
Financial Balance	−31 000	−26 000	−9 000
Earnings Before Tax	108 000	−416 000	−311 000
Tax	0	68 000	−68 000
Net Income	108 000	−485 000	−243 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	561 000	592 000	535 000
Total Current Assets	1 354 000	767 000	1 077 000
Total Assets	1 916 000	1 359 000	1 611 000
Total Retained Equity	−619 000	−727 000	−243 000
Total Equity	381 000	273 000	757 000
Total Long-Term Debt	676 000	675 000	675 000
Total Current Debt	859 000	412 000	179 000
Total Equity and Debt	1 916 000	1 359 000	1 611 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 720 000	1 576 000	276 000
Other Income	0	0	1 000
Revenue	1 720 000	1 576 000	278 000
Cost of Goods Sold	1 117 000	1 377 000	263 000
Salary Costs	0	0	0
Depreciation	31 000	24 000	8 000
Impairment	0	0	0
Expenditure	1 581 000	1 966 000	490 000
Operating Profit	139 000	−390 000	−302 000
Financial Income	2 000	0	0
Financial Costs	33 000	26 000	9 000
Financial Balance	−31 000	−26 000	−9 000
Dividends	0	0	0
Net Income	108 000	−485 000	−243 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	68 000
Real Eastate	496 000	523 000	393 000
Machinery and Plant Facilities	65 000	69 000	73 000
Fixtures	0	0	0
Total Tangible Assets	561 000	592 000	466 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	561 000	592 000	535 000
Stock	288 000	166 000	111 000
Total Investments	0	0	0
Cash, Bank	7 000	41 000	784 000
Total Current Assets	1 354 000	767 000	1 077 000
Total Assets	1 916 000	1 359 000	1 611 000
Total Equity	381 000	273 000	757 000
Short-Term Group Debt	300 000	0	0
Total Long-Term Debt	676 000	675 000	675 000
Creditors	405 000	367 000	144 000
Unpaid Taxes	88 000	0	0
Dividends	0	0	0
Other Current Debt	66 000	45 000	35 000
Total Current Debt	859 000	412 000	179 000
Total Equity and Debt	1 916 000	1 359 000	1 611 000

Financial indicators	2022	2021	2020
Return on Equity	28,35 %	−177,66 %	−32,1 %
Debt-to-Equity Ratio	1,77	2,47	0,89
Operating Profit Margin	8,08 %	−24,75 %	−108,63 %
Current Ratio	1,58	1,86	6,02
Quick Ratio	2,37	3,12	15,84
Equity Ratio	0,2	0,2	0,47
Gross Profit Margin	35,06 %	12,63 %	5,4 %