ENERCON SERVICES NORWAY AS

5068 BERGEN

Finances

Share Ownership

Return on Equity

16,2 %

Current Ratio

1,04

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 560 000	5 777 000	3 046 000	3 326 000
Net Income	127 000	59 000	34 000	−205 000
Total Assets	3 604 000	3 505 000	1 601 000	1 691 000
Total Equity	784 000	657 000	599 000	564 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 560 000	5 777 000	3 046 000	3 326 000
Expenditure	8 321 000	5 685 000	2 981 000	3 549 000
Operating Profit	240 000	93 000	66 000	−224 000
Financial Income	15 000	21 000	10 000	9 000
Financial Costs	93 000	38 000	32 000	48 000
Financial Balance	−78 000	−17 000	−22 000	−39 000
Earnings Before Tax	163 000	75 000	44 000	−262 000
Tax	36 000	17 000	10 000	−58 000
Net Income	127 000	59 000	34 000	−205 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	679 000	821 000	126 000	141 000
Total Current Assets	2 924 000	2 685 000	1 475 000	1 550 000
Total Assets	3 604 000	3 505 000	1 601 000	1 691 000
Total Retained Equity	658 000	531 000	473 000	438 000
Total Equity	784 000	657 000	599 000	564 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 820 000	2 848 000	1 002 000	1 127 000
Total Equity and Debt	3 604 000	3 505 000	1 601 000	1 691 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 153 000	5 335 000	2 814 000	3 110 000
Other Income	407 000	441 000	232 000	216 000
Revenue	8 560 000	5 777 000	3 046 000	3 326 000
Cost of Goods Sold	797 000	709 000	376 000	103 000
Salary Costs	3 345 000	2 878 000	1 247 000	1 671 000
Depreciation	189 000	109 000	20 000	15 000
Impairment	0	0	0	0
Expenditure	8 321 000	5 685 000	2 981 000	3 549 000
Operating Profit	240 000	93 000	66 000	−224 000
Financial Income	15 000	21 000	10 000	9 000
Financial Costs	93 000	38 000	32 000	48 000
Financial Balance	−78 000	−17 000	−22 000	−39 000
Dividends	0	0	0	0
Net Income	127 000	59 000	34 000	−205 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	18 000	54 000	71 000	80 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	310 000	309 000	46 000	61 000
Fixtures	351 000	458 000	9 000	0
Total Tangible Assets	661 000	767 000	55 000	61 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	679 000	821 000	126 000	141 000
Stock	23 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	350 000	1 161 000	259 000	753 000
Total Current Assets	2 924 000	2 685 000	1 475 000	1 550 000
Total Assets	3 604 000	3 505 000	1 601 000	1 691 000
Total Equity	784 000	657 000	599 000	564 000
Short-Term Group Debt	1 479 000	1 427 000	315 000	309 000
Total Long-Term Debt	0	0	0	0
Creditors	563 000	587 000	455 000	503 000
Unpaid Taxes	514 000	572 000	129 000	171 000
Dividends	0	0	0	0
Other Current Debt	264 000	262 000	103 000	144 000
Total Current Debt	2 820 000	2 848 000	1 002 000	1 127 000
Total Equity and Debt	3 604 000	3 505 000	1 601 000	1 691 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,2 %	8,98 %	5,68 %	−36,35 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,8 %	1,61 %	2,17 %	−6,73 %
Current Ratio	1,04	0,94	1,47	1,38
Quick Ratio	1,05	0,94	1,47	1,38
Equity Ratio	0,22	0,19	0,37	0,33
Gross Profit Margin	90,69 %	87,73 %	87,66 %	96,9 %