ENERGITECH AS

2350 NES PÅ HEDMARKEN

Finances

Share Ownership

Return on Equity

−6,94 %

Current Ratio

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	64 000	243 000	62 000	56 000
Net Income	−15 000	143 000	8 000	−13 000
Total Assets	426 000	443 000	311 000	269 000
Total Equity	216 000	231 000	88 000	80 000

Income (NOK)	2022	2021	2020	2019
Revenue	64 000	243 000	62 000	56 000
Expenditure	83 000	84 000	53 000	69 000
Operating Profit	−19 000	158 000	8 000	−13 000
Financial Income	0	3 000	0	0
Financial Costs	0	1 000	0	0
Financial Balance	0	2 000	0	0
Earnings Before Tax	−19 000	160 000	8 000	−13 000
Tax	−4 000	17 000	0	1 000
Net Income	−15 000	143 000	8 000	−13 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 000	5 000	7 000	9 000
Total Current Assets	419 000	438 000	304 000	259 000
Total Assets	426 000	443 000	311 000	269 000
Total Retained Equity	114 000	129 000	−14 000	−22 000
Total Equity	216 000	231 000	88 000	80 000
Total Long-Term Debt	0	1 000	2 000	2 000
Total Current Debt	210 000	211 000	221 000	187 000
Total Equity and Debt	426 000	443 000	311 000	269 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	64 000	243 000	62 000	56 000
Other Income	0	0	0	0
Revenue	64 000	243 000	62 000	56 000
Cost of Goods Sold	64 000	70 000	35 000	56 000
Salary Costs	0	0	5 000	0
Depreciation	2 000	2 000	2 000	2 000
Impairment	0	0	0	0
Expenditure	83 000	84 000	53 000	69 000
Operating Profit	−19 000	158 000	8 000	−13 000
Financial Income	0	3 000	0	0
Financial Costs	0	1 000	0	0
Financial Balance	0	2 000	0	0
Dividends	0	0	0	0
Net Income	−15 000	143 000	8 000	−13 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	3 000	5 000	7 000	9 000
Fixtures	0	0	0	0
Total Tangible Assets	3 000	5 000	7 000	9 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 000	5 000	7 000	9 000
Stock	0	0	70 000	70 000
Total Investments	20 000	20 000	20 000	20 000
Cash, Bank	4 000	54 000	148 000	13 000
Total Current Assets	419 000	438 000	304 000	259 000
Total Assets	426 000	443 000	311 000	269 000
Total Equity	216 000	231 000	88 000	80 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 000	2 000	2 000
Creditors	7 000	7 000	7 000	7 000
Unpaid Taxes	−18 000	6 000	30 000	0
Dividends	0	0	0	0
Other Current Debt	220 000	180 000	185 000	180 000
Total Current Debt	210 000	211 000	221 000	187 000
Total Equity and Debt	426 000	443 000	311 000	269 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,94 %	61,9 %	9,09 %	−16,25 %
Debt-to-Equity Ratio	0	0	0,02	0,03
Operating Profit Margin	−29,69 %	65,02 %	12,9 %	−23,21 %
Current Ratio	2	2,08	1,38	1,39
Quick Ratio	2	2,08	2,01	2,21
Equity Ratio	0,51	0,52	0,28	0,3
Gross Profit Margin	0 %	71,19 %	43,55 %	0 %