EQUINOR VENTURES AS

4035 STAVANGER

Finances

Return on Equity

−9,62 %

Current Ratio

9,55

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 721 000	37 872 000	38 614 000	185 901 000
Net Income	−245 983 000	−27 500 000	−66 749 000	172 397 000
Total Assets	2 578 665 000	2 677 136 000	905 120 000	937 683 000
Total Equity	2 557 741 000	2 670 668 000	898 167 000	934 935 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 721 000	37 872 000	38 614 000	185 901 000
Expenditure	301 985 000	87 748 000	126 648 000	22 287 000
Operating Profit	−293 264 000	−49 876 000	−88 034 000	163 614 000
Financial Income	0	0	0	0
Financial Costs	−20 477 000	−3 322 000	−20 834 000	−3 005 000
Financial Balance	20 477 000	3 322 000	20 834 000	3 005 000
Earnings Before Tax	−272 787 000	−46 554 000	−67 200 000	166 619 000
Tax	−26 804 000	−19 054 000	−451 000	−5 778 000
Net Income	−245 983 000	−27 500 000	−66 749 000	172 397 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 378 818 000	1 393 335 000	782 068 000	710 143 000
Total Current Assets	199 847 000	1 283 801 000	123 052 000	227 539 000
Total Assets	2 578 665 000	2 677 136 000	905 120 000	937 683 000
Total Retained Equity	0	78 149 000	105 649 000	172 397 000
Total Equity	2 557 741 000	2 670 668 000	898 167 000	934 935 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	20 925 000	6 468 000	6 952 000	2 748 000
Total Equity and Debt	2 578 665 000	2 677 136 000	905 120 000	937 683 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	8 721 000	37 872 000	38 614 000	185 901 000
Revenue	8 721 000	37 872 000	38 614 000	185 901 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	301 985 000	87 748 000	126 648 000	22 287 000
Operating Profit	−293 264 000	−49 876 000	−88 034 000	163 614 000
Financial Income	0	0	0	0
Financial Costs	−20 477 000	−3 322 000	−20 834 000	−3 005 000
Financial Balance	20 477 000	3 322 000	20 834 000	3 005 000
Dividends	0	0	0	0
Net Income	−245 983 000	−27 500 000	−66 749 000	172 397 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	28 908 000	39 632 000	20 578 000	28 461 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	2 349 911 000	1 353 703 000	761 490 000	681 682 000
Total Fixed Assets	2 378 818 000	1 393 335 000	782 068 000	710 143 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	199 847 000	1 283 801 000	123 052 000	227 539 000
Total Assets	2 578 665 000	2 677 136 000	905 120 000	937 683 000
Total Equity	2 557 741 000	2 670 668 000	898 167 000	934 935 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	20 012 000	6 468 000	6 952 000	2 748 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	913 000	0	0	0
Total Current Debt	20 925 000	6 468 000	6 952 000	2 748 000
Total Equity and Debt	2 578 665 000	2 677 136 000	905 120 000	937 683 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−9,62 %	−1,03 %	−7,43 %	18,44 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−3 362,73 %	−131,7 %	−227,98 %	88,01 %
Current Ratio	9,55	198,49	17,7	82,8
Quick Ratio	9,55	198,49	17,7	82,8
Equity Ratio	0,99	1	0,99	1
Gross Profit Margin	100 %	100 %	100 %	100 %