INSTITUTE FOR NEUTRAL ENERGY - DIZENS AS

7068 TRONDHEIM

Finances

Share Ownership

Return on Equity

60,66 %

Current Ratio

0,57

Debt-to-Equity Ratio

−0,35

Key figures (NOK)	2022	2021	2020	2019
Revenue	738 000	1 188 000	983 000	1 032 000
Net Income	−555 000	−158 000	202 000	−309 000
Total Assets	1 008 000	1 000 000	1 120 000	1 049 000
Total Equity	−915 000	−360 000	−202 000	−404 000

Income (NOK)	2022	2021	2020	2019
Revenue	738 000	1 188 000	983 000	1 032 000
Expenditure	1 294 000	1 346 000	780 000	1 341 000
Operating Profit	−555 000	−158 000	203 000	−309 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	0
Financial Balance	0	0	−1 000	0
Earnings Before Tax	−555 000	−158 000	202 000	−309 000
Tax	0	0	0	0
Net Income	−555 000	−158 000	202 000	−309 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	101 000	105 000	114 000	114 000
Total Current Assets	908 000	895 000	1 006 000	935 000
Total Assets	1 008 000	1 000 000	1 120 000	1 049 000
Total Retained Equity	−1 415 000	−860 000	−702 000	−904 000
Total Equity	−915 000	−360 000	−202 000	−404 000
Total Long-Term Debt	317 000	335 000	377 000	377 000
Total Current Debt	1 607 000	1 025 000	945 000	1 076 000
Total Equity and Debt	1 008 000	1 000 000	1 120 000	1 049 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	737 000	1 180 000	983 000	1 032 000
Other Income	1 000	8 000	0	0
Revenue	738 000	1 188 000	983 000	1 032 000
Cost of Goods Sold	2 000	0	0	3 000
Salary Costs	1 018 000	1 093 000	557 000	1 135 000
Depreciation	4 000	9 000	0	4 000
Impairment	0	0	0	0
Expenditure	1 294 000	1 346 000	780 000	1 341 000
Operating Profit	−555 000	−158 000	203 000	−309 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	0
Financial Balance	0	0	−1 000	0
Dividends	0	0	0	0
Net Income	−555 000	−158 000	202 000	−309 000

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	0
Fixtures	25 000	30 000	38 000	38 000
Total Tangible Assets	25 000	30 000	38 000	38 000
Total Fiancial Fixed Assets	76 000	76 000	76 000	76 000
Total Fixed Assets	101 000	105 000	114 000	114 000
Stock	876 000	878 000	878 000	878 000
Total Investments	0	0	0	0
Cash, Bank	38 000	24 000	119 000	57 000
Total Current Assets	908 000	895 000	1 006 000	935 000
Total Assets	1 008 000	1 000 000	1 120 000	1 049 000
Total Equity	−915 000	−360 000	−202 000	−404 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	317 000	335 000	377 000	377 000
Creditors	2 000	−5 000	7 000	9 000
Unpaid Taxes	123 000	167 000	108 000	138 000
Dividends	0	0	0	0
Other Current Debt	1 482 000	864 000	830 000	929 000
Total Current Debt	1 607 000	1 025 000	945 000	1 076 000
Total Equity and Debt	1 008 000	1 000 000	1 120 000	1 049 000

Financial indicators	2022	2021	2020	2019
Return on Equity	60,66 %	43,89 %	−100 %	76,49 %
Debt-to-Equity Ratio	−0,35	−0,93	−1,87	−0,93
Operating Profit Margin	−75,2 %	−13,3 %	20,65 %	−29,94 %
Current Ratio	0,57	0,87	1,06	0,87
Quick Ratio	1,24	6,09	15,01	4,72
Equity Ratio	−0,91	−0,36	−0,18	−0,39
Gross Profit Margin	99,73 %	100 %	100 %	99,71 %