NORDIC ENERGY INVEST AS

7011 TRONDHEIM

Finances

Return on Equity

7,32 %

Current Ratio

0,39

Debt-to-Equity Ratio

−1,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 116 000	9 866 000	925 000	1 451 000
Net Income	−4 594 000	4 777 000	−5 072 000	−4 218 000
Total Assets	2 875 000	9 190 000	1 947 000	3 667 000
Total Equity	−62 795 000	−58 201 000	−62 977 000	−108 339 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 116 000	9 866 000	925 000	1 451 000
Expenditure	4 786 000	2 879 000	3 782 000	1 944 000
Operating Profit	−1 671 000	6 987 000	−2 857 000	−493 000
Financial Income	320 000	64 000	78 000	31 000
Financial Costs	3 244 000	2 275 000	2 292 000	3 755 000
Financial Balance	−2 924 000	−2 211 000	−2 214 000	−3 724 000
Earnings Before Tax	−4 594 000	4 777 000	−5 072 000	−4 218 000
Tax	0	0	0	0
Net Income	−4 594 000	4 777 000	−5 072 000	−4 218 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 497 000	1 543 000	1 738 000	2 039 000
Total Current Assets	378 000	7 647 000	209 000	1 629 000
Total Assets	2 875 000	9 190 000	1 947 000	3 667 000
Total Retained Equity	−136 344 000	−131 750 000	−136 526 000	−131 455 000
Total Equity	−62 795 000	−58 201 000	−62 977 000	−108 339 000
Total Long-Term Debt	64 703 000	66 680 000	63 625 000	111 531 000
Total Current Debt	967 000	711 000	1 299 000	475 000
Total Equity and Debt	2 875 000	9 190 000	1 947 000	3 667 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 116 000	9 866 000	914 000	1 451 000
Other Income	0	0	11 000	0
Revenue	3 116 000	9 866 000	925 000	1 451 000
Cost of Goods Sold	0	79 000	0	0
Salary Costs	0	0	0	0
Depreciation	360 000	360 000	360 000	360 000
Impairment	0	0	0	0
Expenditure	4 786 000	2 879 000	3 782 000	1 944 000
Operating Profit	−1 671 000	6 987 000	−2 857 000	−493 000
Financial Income	320 000	64 000	78 000	31 000
Financial Costs	3 244 000	2 275 000	2 292 000	3 755 000
Financial Balance	−2 924 000	−2 211 000	−2 214 000	−3 724 000
Dividends	0	0	0	0
Net Income	−4 594 000	4 777 000	−5 072 000	−4 218 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	959 000	1 319 000	1 679 000	2 039 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	959 000	1 319 000	1 679 000	2 039 000
Total Fiancial Fixed Assets	1 538 000	224 000	59 000	0
Total Fixed Assets	2 497 000	1 543 000	1 738 000	2 039 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	177 000	1 578 000	178 000	1 568 000
Total Current Assets	378 000	7 647 000	209 000	1 629 000
Total Assets	2 875 000	9 190 000	1 947 000	3 667 000
Total Equity	−62 795 000	−58 201 000	−62 977 000	−108 339 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	64 703 000	66 680 000	63 625 000	111 531 000
Creditors	576 000	581 000	528 000	118 000
Unpaid Taxes	188 000	0	0	228 000
Dividends	0	0	0	0
Other Current Debt	203 000	130 000	771 000	130 000
Total Current Debt	967 000	711 000	1 299 000	475 000
Total Equity and Debt	2 875 000	9 190 000	1 947 000	3 667 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,32 %	−8,21 %	8,05 %	3,89 %
Debt-to-Equity Ratio	−1,03	−1,15	−1,01	−1,03
Operating Profit Margin	−53,63 %	70,82 %	−308,86 %	−33,98 %
Current Ratio	0,39	10,76	0,16	3,43
Quick Ratio	0,39	10,76	0,16	3,43
Equity Ratio	−21,84	−6,33	−32,35	−29,54
Gross Profit Margin	100 %	99,2 %	100 %	100 %