NEW ENERGY SYSTEMS AS

1364 FORNEBU

Finances

Return on Equity

4,1 %

Current Ratio

1,13

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	323 000	446 000	1 157 000	628 000
Net Income	5 000	5 000	−35 000	124 000
Total Assets	376 000	782 000	279 000	179 000
Total Equity	122 000	117 000	112 000	146 000

Income (NOK)	2022	2021	2020	2019
Revenue	323 000	446 000	1 157 000	628 000
Expenditure	319 000	440 000	1 192 000	502 000
Operating Profit	4 000	6 000	−35 000	126 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	5 000	6 000	−35 000	126 000
Tax	0	0	0	1 000
Net Income	5 000	5 000	−35 000	124 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	88 000	88 000	95 000	103 000
Total Current Assets	288 000	694 000	184 000	76 000
Total Assets	376 000	782 000	279 000	179 000
Total Retained Equity	22 000	−83 000	−88 000	−54 000
Total Equity	122 000	117 000	112 000	146 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	255 000	665 000	168 000	32 000
Total Equity and Debt	376 000	782 000	279 000	179 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	55 000	446 000	1 157 000	0
Other Income	268 000	0	0	628 000
Revenue	323 000	446 000	1 157 000	628 000
Cost of Goods Sold	268 000	386 000	1 058 000	459 000
Salary Costs	0	0	86 000	0
Depreciation	0	7 000	7 000	0
Impairment	0	0	0	0
Expenditure	319 000	440 000	1 192 000	502 000
Operating Profit	4 000	6 000	−35 000	126 000
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	5 000	5 000	−35 000	124 000

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	14 000
Fixtures	0	0	7 000	0
Total Tangible Assets	0	0	7 000	14 000
Total Fiancial Fixed Assets	88 000	88 000	88 000	88 000
Total Fixed Assets	88 000	88 000	95 000	103 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	167 000	649 000	183 000	76 000
Total Current Assets	288 000	694 000	184 000	76 000
Total Assets	376 000	782 000	279 000	179 000
Total Equity	122 000	117 000	112 000	146 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	241 000	0	0	0
Unpaid Taxes	10 000	9 000	5 000	0
Dividends	0	0	0	0
Other Current Debt	3 000	656 000	163 000	31 000
Total Current Debt	255 000	665 000	168 000	32 000
Total Equity and Debt	376 000	782 000	279 000	179 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,1 %	4,27 %	−31,25 %	84,93 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,24 %	1,35 %	−3,03 %	20,06 %
Current Ratio	1,13	1,04	1,1	2,38
Quick Ratio	1,13	1,04	1,1	2,38
Equity Ratio	0,32	0,15	0,4	0,82
Gross Profit Margin	17,03 %	13,45 %	8,56 %	26,91 %