NORWEGIAN ENERGY TRADING AS

3140 NØTTERØY

Finances

Return on Equity

15,07 %

Current Ratio

1,82

Debt-to-Equity Ratio

Key figures (USD)	2022	2021	2020	2019
Revenue	5 174 000	3 457 000	3 062 000	2 899 000
Net Income	1 908 000	1 249 000	1 510 000	1 287 000
Total Assets	27 876 000	26 918 000	13 188 000	15 326 000
Total Equity	12 665 000	8 271 000	5 520 000	3 011 000

Income (USD)	2022	2021	2020	2019
Revenue	5 174 000	3 457 000	3 062 000	2 899 000
Expenditure	2 518 000	1 855 000	1 555 000	1 574 000
Operating Profit	2 656 000	1 602 000	1 507 000	1 325 000
Financial Income	148 000	118 000	369 000	333 000
Financial Costs	91 000	93 000	91 000	116 000
Financial Balance	57 000	25 000	278 000	217 000
Earnings Before Tax	2 713 000	1 627 000	1 785 000	1 542 000
Tax	805 000	378 000	275 000	255 000
Net Income	1 908 000	1 249 000	1 510 000	1 287 000

Balance (USD)	2022	2021	2020	2019
Total Fixed Assets	192 000	140 000	140 000	141 000
Total Current Assets	27 684 000	26 778 000	13 048 000	15 185 000
Total Assets	27 876 000	26 918 000	13 188 000	15 326 000
Total Retained Equity	7 452 000	5 544 000	4 294 000	2 784 000
Total Equity	12 665 000	8 271 000	5 520 000	3 011 000
Total Long-Term Debt	0	5 000	1 000	1 000
Total Current Debt	15 211 000	18 642 000	7 667 000	12 315 000
Total Equity and Debt	27 876 000	26 918 000	13 188 000	15 326 000

Cash flow (USD)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	5 174 000	3 457 000	3 062 000	2 899 000
Revenue	5 174 000	3 457 000	3 062 000	2 899 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 777 000	1 242 000	1 117 000	1 032 000
Depreciation	7 000	0	1 000	11 000
Impairment	0	0	0	0
Expenditure	2 518 000	1 855 000	1 555 000	1 574 000
Operating Profit	2 656 000	1 602 000	1 507 000	1 325 000
Financial Income	148 000	118 000	369 000	333 000
Financial Costs	91 000	93 000	91 000	116 000
Financial Balance	57 000	25 000	278 000	217 000
Dividends	0	0	0	0
Net Income	1 908 000	1 249 000	1 510 000	1 287 000

Balance details (USD)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	18 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	34 000	0	0	1 000
Total Tangible Assets	34 000	0	0	1 000
Total Fiancial Fixed Assets	140 000	140 000	140 000	140 000
Total Fixed Assets	192 000	140 000	140 000	141 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	8 389 000	695 000	5 124 000	1 100 000
Total Current Assets	27 684 000	26 778 000	13 048 000	15 185 000
Total Assets	27 876 000	26 918 000	13 188 000	15 326 000
Total Equity	12 665 000	8 271 000	5 520 000	3 011 000
Short-Term Group Debt	64 000	250 000	17 000	1 026 000
Total Long-Term Debt	0	5 000	1 000	1 000
Creditors	13 093 000	17 322 000	6 480 000	10 413 000
Unpaid Taxes	220 000	116 000	113 000	101 000
Dividends	0	0	0	0
Other Current Debt	1 009 000	585 000	785 000	493 000
Total Current Debt	15 211 000	18 642 000	7 667 000	12 315 000
Total Equity and Debt	27 876 000	26 918 000	13 188 000	15 326 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,07 %	15,1 %	27,36 %	42,74 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	51,33 %	46,34 %	49,22 %	45,71 %
Current Ratio	1,82	1,44	1,7	1,23
Quick Ratio	1,82	1,44	1,7	1,23
Equity Ratio	0,45	0,31	0,42	0,2
Gross Profit Margin	100 %	100 %	100 %	100 %