BLUE ENERGY AS

0161 OSLO

Finances

Return on Equity

27,7 %

Current Ratio

1,05

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 026 933 000	861 515 000	868 206 000	1 070 676 000
Net Income	12 407 000	9 927 000	30 455 000	27 861 000
Total Assets	182 970 000	157 788 000	139 907 000	220 950 000
Total Equity	44 783 000	43 024 000	42 216 000	41 711 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 026 933 000	861 515 000	868 206 000	1 070 676 000
Expenditure	1 010 896 000	848 892 000	829 093 000	1 035 190 000
Operating Profit	16 038 000	12 623 000	39 112 000	35 487 000
Financial Income	225 000	199 000	209 000	401 000
Financial Costs	337 000	75 000	236 000	104 000
Financial Balance	−112 000	124 000	−27 000	297 000
Earnings Before Tax	15 926 000	12 747 000	39 085 000	35 784 000
Tax	3 519 000	2 820 000	8 630 000	7 923 000
Net Income	12 407 000	9 927 000	30 455 000	27 861 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	38 057 000	21 296 000	18 779 000	19 855 000
Total Current Assets	144 912 000	136 492 000	121 129 000	201 094 000
Total Assets	182 970 000	157 788 000	139 907 000	220 950 000
Total Retained Equity	29 493 000	27 734 000	26 925 000	26 420 000
Total Equity	44 783 000	43 024 000	42 216 000	41 711 000
Total Long-Term Debt	0	30 249 000	0	0
Total Current Debt	138 186 000	84 515 000	97 692 000	179 239 000
Total Equity and Debt	182 970 000	157 788 000	139 907 000	220 950 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 025 637 000	859 990 000	867 357 000	1 069 837 000
Other Income	1 296 000	1 524 000	849 000	840 000
Revenue	1 026 933 000	861 515 000	868 206 000	1 070 676 000
Cost of Goods Sold	950 706 000	785 320 000	783 154 000	983 255 000
Salary Costs	2 461 000	7 409 000	5 437 000	6 330 000
Depreciation	3 754 000	3 147 000	3 839 000	4 885 000
Impairment	45 000	36 000	0	56 000
Expenditure	1 010 896 000	848 892 000	829 093 000	1 035 190 000
Operating Profit	16 038 000	12 623 000	39 112 000	35 487 000
Financial Income	225 000	199 000	209 000	401 000
Financial Costs	337 000	75 000	236 000	104 000
Financial Balance	−112 000	124 000	−27 000	297 000
Dividends	0	0	0	0
Net Income	12 407 000	9 927 000	30 455 000	27 861 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	8 360 000	8 350 000	8 599 000	8 781 000
Real Eastate	17 000	17 000	17 000	17 000
Machinery and Plant Facilities	24 913 000	7 775 000	7 581 000	7 662 000
Fixtures	803 000	1 586 000	2 453 000	3 325 000
Total Tangible Assets	25 733 000	9 377 000	10 050 000	11 004 000
Total Fiancial Fixed Assets	3 965 000	3 568 000	130 000	71 000
Total Fixed Assets	38 057 000	21 296 000	18 779 000	19 855 000
Stock	33 629 000	27 338 000	23 674 000	23 343 000
Total Investments	0	0	0	0
Cash, Bank	36 778 000	34 763 000	33 721 000	82 169 000
Total Current Assets	144 912 000	136 492 000	121 129 000	201 094 000
Total Assets	182 970 000	157 788 000	139 907 000	220 950 000
Total Equity	44 783 000	43 024 000	42 216 000	41 711 000
Short-Term Group Debt	13 658 000	11 690 000	77 250 000	75 769 000
Total Long-Term Debt	0	30 249 000	0	0
Creditors	123 067 000	68 239 000	19 059 000	97 393 000
Unpaid Taxes	875 000	2 436 000	506 000	3 601 000
Dividends	0	0	0	0
Other Current Debt	586 000	2 150 000	877 000	2 475 000
Total Current Debt	138 186 000	84 515 000	97 692 000	179 239 000
Total Equity and Debt	182 970 000	157 788 000	139 907 000	220 950 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,7 %	23,07 %	72,14 %	66,8 %
Debt-to-Equity Ratio	0	0,7	0	0
Operating Profit Margin	1,56 %	1,47 %	4,5 %	3,31 %
Current Ratio	1,05	1,62	1,24	1,12
Quick Ratio	1,39	2,39	1,64	1,29
Equity Ratio	0,24	0,27	0,3	0,19
Gross Profit Margin	7,42 %	8,84 %	9,8 %	8,17 %