NORENERGI AS

3517 HØNEFOSS

Finances

Share Ownership

Return on Equity

22,58 %

Current Ratio

0,85

Debt-to-Equity Ratio

22,57

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 200 000	626 000	216 000	216 000
Net Income	112 000	164 000	80 000	92 000
Total Assets	13 364 000	11 656 000	2 393 000	2 427 000
Total Equity	496 000	384 000	220 000	140 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 200 000	626 000	216 000	216 000
Expenditure	553 000	184 000	30 000	24 000
Operating Profit	647 000	442 000	186 000	192 000
Financial Income	1 000	−1 000	0	0
Financial Costs	503 000	230 000	84 000	91 000
Financial Balance	−502 000	−231 000	−84 000	−91 000
Earnings Before Tax	144 000	210 000	102 000	101 000
Tax	32 000	46 000	23 000	10 000
Net Income	112 000	164 000	80 000	92 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 937 000	10 015 000	2 315 000	2 325 000
Total Current Assets	1 427 000	1 641 000	78 000	103 000
Total Assets	13 364 000	11 656 000	2 393 000	2 427 000
Total Retained Equity	396 000	284 000	120 000	40 000
Total Equity	496 000	384 000	220 000	140 000
Total Long-Term Debt	11 196 000	9 520 000	2 137 000	2 269 000
Total Current Debt	1 671 000	1 752 000	36 000	19 000
Total Equity and Debt	13 364 000	11 656 000	2 393 000	2 427 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 200 000	626 000	216 000	216 000
Revenue	1 200 000	626 000	216 000	216 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	499 000	167 000	10 000	10 000
Impairment	0	0	0	0
Expenditure	553 000	184 000	30 000	24 000
Operating Profit	647 000	442 000	186 000	192 000
Financial Income	1 000	−1 000	0	0
Financial Costs	503 000	230 000	84 000	91 000
Financial Balance	−502 000	−231 000	−84 000	−91 000
Dividends	0	0	0	0
Net Income	112 000	164 000	80 000	92 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	11 829 000	9 941 000	2 231 000	2 231 000
Machinery and Plant Facilities	108 000	74 000	84 000	94 000
Fixtures	0	0	0	0
Total Tangible Assets	11 937 000	10 015 000	2 315 000	2 325 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	11 937 000	10 015 000	2 315 000	2 325 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 302 000	1 516 000	56 000	58 000
Total Current Assets	1 427 000	1 641 000	78 000	103 000
Total Assets	13 364 000	11 656 000	2 393 000	2 427 000
Total Equity	496 000	384 000	220 000	140 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 196 000	9 520 000	2 137 000	2 269 000
Creditors	25 000	0	0	0
Unpaid Taxes	25 000	55 000	9 000	9 000
Dividends	0	0	0	0
Other Current Debt	1 582 000	1 685 000	4 000	6 000
Total Current Debt	1 671 000	1 752 000	36 000	19 000
Total Equity and Debt	13 364 000	11 656 000	2 393 000	2 427 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,58 %	42,71 %	36,36 %	65,71 %
Debt-to-Equity Ratio	22,57	24,79	9,71	16,21
Operating Profit Margin	53,92 %	70,61 %	86,11 %	88,89 %
Current Ratio	0,85	0,94	2,17	5,42
Quick Ratio	0,85	0,94	2,17	5,42
Equity Ratio	0,04	0,03	0,09	0,06
Gross Profit Margin	100 %	100 %	100 %	100 %