NORDIC ENERGY COMPANY AS

1357 BEKKESTUA

Finances

Return on Equity

4,18 %

Current Ratio

1,14

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	4 612 000	9 193 000	13 146 000	1 297 000
Total Assets	112 316 000	105 720 000	97 625 000	84 274 000
Total Equity	110 416 000	105 705 000	97 311 000	84 265 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	60 000	56 000	58 000	47 000
Operating Profit	−60 000	−56 000	−58 000	−47 000
Financial Income	6 668 000	10 615 000	14 195 000	1 353 000
Financial Costs	1 996 000	1 350 000	777 000	0
Financial Balance	4 672 000	9 265 000	13 418 000	1 353 000
Earnings Before Tax	4 612 000	9 209 000	13 361 000	1 306 000
Tax	0	15 000	214 000	9 000
Net Income	4 612 000	9 193 000	13 146 000	1 297 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	110 154 000	80 534 000	61 178 000	45 933 000
Total Current Assets	2 162 000	25 186 000	36 447 000	38 341 000
Total Assets	112 316 000	105 720 000	97 625 000	84 274 000
Total Retained Equity	110 216 000	105 605 000	96 411 000	83 265 000
Total Equity	110 416 000	105 705 000	97 311 000	84 265 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 900 000	15 000	314 000	9 000
Total Equity and Debt	112 316 000	105 720 000	97 625 000	84 274 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	60 000	56 000	58 000	47 000
Operating Profit	−60 000	−56 000	−58 000	−47 000
Financial Income	6 668 000	10 615 000	14 195 000	1 353 000
Financial Costs	1 996 000	1 350 000	777 000	0
Financial Balance	4 672 000	9 265 000	13 418 000	1 353 000
Dividends	1 900 000	0	0	0
Net Income	4 612 000	9 193 000	13 146 000	1 297 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	110 154 000	80 534 000	61 178 000	45 933 000
Total Fixed Assets	110 154 000	80 534 000	61 178 000	45 933 000
Stock	0	0	0	0
Total Investments	0	22 390 000	36 271 000	29 425 000
Cash, Bank	1 923 000	2 796 000	176 000	8 916 000
Total Current Assets	2 162 000	25 186 000	36 447 000	38 341 000
Total Assets	112 316 000	105 720 000	97 625 000	84 274 000
Total Equity	110 416 000	105 705 000	97 311 000	84 265 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	1 900 000	0	0	0
Other Current Debt	0	0	100 000	0
Total Current Debt	1 900 000	15 000	314 000	9 000
Total Equity and Debt	112 316 000	105 720 000	97 625 000	84 274 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,18 %	8,7 %	13,51 %	1,54 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	1,14	1 679,07	116,07	4 260,11
Quick Ratio	1,14	1 679,07	116,07	4 260,11
Equity Ratio	0,98	1	1	1
Gross Profit Margin	-	-	-	-