ZERO EMISSION RESOURCE ORGANISATION

0181 OSLO

Finances

Share Ownership

Return on Equity

−2,05 %

Current Ratio

1,84

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	26 032 000	23 881 000	25 087 000	29 864 000
Net Income	−114 000	−1 162 000	156 000	114 000
Total Assets	11 865 000	11 746 000	11 947 000	13 029 000
Total Equity	5 557 000	5 671 000	6 833 000	6 677 000

Income (NOK)	2022	2021	2020	2019
Revenue	26 032 000	23 881 000	25 087 000	29 864 000
Expenditure	26 131 000	25 027 000	24 928 000	29 741 000
Operating Profit	−98 000	−1 147 000	159 000	122 000
Financial Income	6 000	3 000	11 000	3 000
Financial Costs	21 000	19 000	14 000	11 000
Financial Balance	−15 000	−16 000	−3 000	−8 000
Earnings Before Tax	−114 000	−1 162 000	156 000	114 000
Tax	0	0	0	0
Net Income	−114 000	−1 162 000	156 000	114 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	286 000	180 000	188 000	235 000
Total Current Assets	11 579 000	11 566 000	11 759 000	12 794 000
Total Assets	11 865 000	11 746 000	11 947 000	13 029 000
Total Retained Equity	5 552 000	5 666 000	6 828 000	6 672 000
Total Equity	5 557 000	5 671 000	6 833 000	6 677 000
Total Long-Term Debt	0	0	185 000	1 467 000
Total Current Debt	6 308 000	6 075 000	4 928 000	4 885 000
Total Equity and Debt	11 865 000	11 746 000	11 947 000	13 029 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	26 032 000	23 881 000	25 087 000	29 864 000
Revenue	26 032 000	23 881 000	25 087 000	29 864 000
Cost of Goods Sold	0	0	0	0
Salary Costs	17 601 000	17 853 000	17 832 000	17 914 000
Depreciation	69 000	50 000	47 000	65 000
Impairment	0	0	0	0
Expenditure	26 131 000	25 027 000	24 928 000	29 741 000
Operating Profit	−98 000	−1 147 000	159 000	122 000
Financial Income	6 000	3 000	11 000	3 000
Financial Costs	21 000	19 000	14 000	11 000
Financial Balance	−15 000	−16 000	−3 000	−8 000
Dividends	0	0	0	0
Net Income	−114 000	−1 162 000	156 000	114 000

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	286 000	180 000	188 000	235 000
Total Tangible Assets	286 000	180 000	188 000	235 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	286 000	180 000	188 000	235 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 798 000	3 752 000	5 679 000	5 463 000
Total Current Assets	11 579 000	11 566 000	11 759 000	12 794 000
Total Assets	11 865 000	11 746 000	11 947 000	13 029 000
Total Equity	5 557 000	5 671 000	6 833 000	6 677 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	185 000	1 467 000
Creditors	2 909 000	3 000	440 000	665 000
Unpaid Taxes	1 434 000	2 651 000	2 006 000	2 436 000
Dividends	0	0	0	0
Other Current Debt	1 964 000	3 421 000	2 483 000	1 784 000
Total Current Debt	6 308 000	6 075 000	4 928 000	4 885 000
Total Equity and Debt	11 865 000	11 746 000	11 947 000	13 029 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,05 %	−20,49 %	2,28 %	1,71 %
Debt-to-Equity Ratio	0	0	0,03	0,22
Operating Profit Margin	−0,38 %	−4,8 %	0,63 %	0,41 %
Current Ratio	1,84	1,9	2,39	2,62
Quick Ratio	1,84	1,9	2,39	2,62
Equity Ratio	0,47	0,48	0,57	0,51
Gross Profit Margin	100 %	100 %	100 %	100 %