OSLO ENERGY FORUM

1363 HØVIK

Finances

Share Ownership

Return on Equity

−82,17 %

Current Ratio

2,02

Debt-to-Equity Ratio

Key figures (NOK)	2023	2022	2021	2020
Revenue	4 540 000	15 000	30 000	5 333 000
Net Income	−5 919 000	−4 950 000	−2 014 000	−819 000
Total Assets	14 261 000	9 651 000	8 692 000	13 566 000
Total Equity	7 203 000	7 123 000	8 072 000	10 086 000

Income (NOK)	2023	2022	2021	2020
Revenue	4 540 000	15 000	30 000	5 333 000
Expenditure	10 459 000	4 965 000	2 044 000	6 152 000
Operating Profit	−5 919 000	−4 950 000	−2 014 000	−819 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−5 919 000	−4 950 000	−2 014 000	−819 000
Tax	0	0	0	0
Net Income	−5 919 000	−4 950 000	−2 014 000	−819 000

Balance (NOK)	2023	2022	2021	2020
Total Fixed Assets	29 000	21 000	5 000	12 000
Total Current Assets	14 231 000	9 630 000	8 687 000	13 554 000
Total Assets	14 261 000	9 651 000	8 692 000	13 566 000
Total Retained Equity	0	0	0	0
Total Equity	7 203 000	7 123 000	8 072 000	10 086 000
Total Long-Term Debt	0	0	313 000	343 000
Total Current Debt	7 057 000	2 528 000	308 000	3 137 000
Total Equity and Debt	14 261 000	9 651 000	8 692 000	13 566 000

Cash flow (NOK)	2023	2022	2021	2020
Sales Income	0	0	0	0
Other Income	4 540 000	15 000	30 000	5 333 000
Revenue	4 540 000	15 000	30 000	5 333 000
Cost of Goods Sold	6 793 000	2 265 000	−20 000	3 678 000
Salary Costs	1 091 000	934 000	1 315 000	1 363 000
Depreciation	10 000	8 000	7 000	13 000
Impairment	0	0	0	0
Expenditure	10 459 000	4 965 000	2 044 000	6 152 000
Operating Profit	−5 919 000	−4 950 000	−2 014 000	−819 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−5 919 000	−4 950 000	−2 014 000	−819 000

Balance details (NOK)	2023	2022	2021	2020
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	29 000	21 000	5 000	12 000
Total Tangible Assets	29 000	21 000	5 000	12 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	29 000	21 000	5 000	12 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	13 857 000	9 520 000	8 543 000	13 145 000
Total Current Assets	14 231 000	9 630 000	8 687 000	13 554 000
Total Assets	14 261 000	9 651 000	8 692 000	13 566 000
Total Equity	7 203 000	7 123 000	8 072 000	10 086 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	313 000	343 000
Creditors	5 248 000	39 000	17 000	2 712 000
Unpaid Taxes	312 000	100 000	157 000	212 000
Dividends	0	0	0	0
Other Current Debt	1 497 000	2 390 000	134 000	213 000
Total Current Debt	7 057 000	2 528 000	308 000	3 137 000
Total Equity and Debt	14 261 000	9 651 000	8 692 000	13 566 000

Financial indicators	2023	2022	2021	2020
Return on Equity	−82,17 %	−69,49 %	−24,95 %	−8,12 %
Debt-to-Equity Ratio	0	0	0,04	0,03
Operating Profit Margin	−130,37 %	−33 000 %	−6 713,33 %	−15,36 %
Current Ratio	2,02	3,81	28,2	4,32
Quick Ratio	2,02	3,81	28,2	4,32
Equity Ratio	0,51	0,74	0,93	0,74
Gross Profit Margin	−49,63 %	−15 000 %	166,67 %	31,03 %