SILK ENERGY AS

0252 OSLO

Finances

Share Ownership

Return on Equity

47,97 %

Current Ratio

Debt-to-Equity Ratio

−0

Key figures (NOK)	2020	2019	2018	2017
Revenue	0	0	0	0
Net Income	−10 217 000	−10 825 000	−7 429 000	−32 000
Total Assets	897 000	996 000	792 000	1 000
Total Equity	−21 300 000	−11 084 000	171 000	−428 000

Income (NOK)	2020	2019	2018	2017
Revenue	0	0	0	0
Expenditure	11 104 000	10 844 000	7 494 000	32 000
Operating Profit	−11 103 000	−10 844 000	−7 494 000	−32 000
Financial Income	887 000	53 000	160 000	0
Financial Costs	0	33 000	96 000	0
Financial Balance	887 000	20 000	64 000	0
Earnings Before Tax	−10 217 000	−10 825 000	−7 429 000	−32 000
Tax	0	0	0	0
Net Income	−10 217 000	−10 825 000	−7 429 000	−32 000

Balance (NOK)	2020	2019	2018	2017
Total Fixed Assets	892 000	817 000	415 000	0
Total Current Assets	5 000	179 000	377 000	1 000
Total Assets	897 000	996 000	792 000	1 000
Total Retained Equity	−34 990 000	−24 773 000	−13 519 000	−5 795 000
Total Equity	−21 300 000	−11 084 000	171 000	−428 000
Total Long-Term Debt	0	93 000	0	0
Total Current Debt	22 197 000	11 987 000	621 000	428 000
Total Equity and Debt	897 000	996 000	792 000	1 000

Cash flow (NOK)	2020	2019	2018	2017
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	8 480 000	5 959 000	3 521 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	11 104 000	10 844 000	7 494 000	32 000
Operating Profit	−11 103 000	−10 844 000	−7 494 000	−32 000
Financial Income	887 000	53 000	160 000	0
Financial Costs	0	33 000	96 000	0
Financial Balance	887 000	20 000	64 000	0
Dividends	0	0	0	0
Net Income	−10 217 000	−10 825 000	−7 429 000	−32 000

Balance details (NOK)	2020	2019	2018	2017
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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	892 000	817 000	415 000	0
Total Fixed Assets	892 000	817 000	415 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 000	179 000	377 000	1 000
Total Current Assets	5 000	179 000	377 000	1 000
Total Assets	897 000	996 000	792 000	1 000
Total Equity	−21 300 000	−11 084 000	171 000	−428 000
Short-Term Group Debt	11 574 000	0	0	0
Total Long-Term Debt	0	93 000	0	0
Creditors	2 961 000	134 000	134 000	69 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	7 662 000	11 853 000	487 000	360 000
Total Current Debt	22 197 000	11 987 000	621 000	428 000
Total Equity and Debt	897 000	996 000	792 000	1 000

Financial indicators	2020	2019	2018	2017
Return on Equity	47,97 %	97,66 %	−4 344,44 %	7,48 %
Debt-to-Equity Ratio	−0	−0,01	0	−0
Operating Profit Margin	-	-	-	-
Current Ratio	0	0,01	0,61	0
Quick Ratio	0	0,01	0,61	0
Equity Ratio	−23,75	−11,13	0,22	−428
Gross Profit Margin	-	-	-	-