NORWEGIAN HYDROPOWER AS

5068 BERGEN

Finances

Return on Equity

−24,31 %

Current Ratio

0,21

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	350 000	0	250 000	408 000
Net Income	−316 000	−148 000	−350 000	230 000
Total Assets	4 918 000	4 549 000	3 777 000	3 814 000
Total Equity	1 300 000	1 616 000	1 764 000	2 114 000

Income (NOK)	2022	2021	2020	2019
Revenue	350 000	0	250 000	408 000
Expenditure	667 000	371 000	953 000	115 000
Operating Profit	−317 000	−371 000	−703 000	292 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−316 000	−371 000	−703 000	292 000
Tax	0	−223 000	−353 000	62 000
Net Income	−316 000	−148 000	−350 000	230 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 173 000	3 975 000	3 309 000	3 219 000
Total Current Assets	745 000	574 000	468 000	595 000
Total Assets	4 918 000	4 549 000	3 777 000	3 814 000
Total Retained Equity	355 000	671 000	819 000	1 169 000
Total Equity	1 300 000	1 616 000	1 764 000	2 114 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 619 000	2 933 000	2 014 000	1 700 000
Total Equity and Debt	4 918 000	4 549 000	3 777 000	3 814 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	350 000	0	150 000	308 000
Other Income	0	0	100 000	100 000
Revenue	350 000	0	250 000	408 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	9 000	10 000	10 000
Impairment	600 000	0	0	0
Expenditure	667 000	371 000	953 000	115 000
Operating Profit	−317 000	−371 000	−703 000	292 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−316 000	−148 000	−350 000	230 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 173 000	3 975 000	3 300 000	3 200 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	9 000	19 000
Total Tangible Assets	0	0	9 000	19 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 173 000	3 975 000	3 309 000	3 219 000
Stock	0	0	0	0
Total Investments	216 000	216 000	216 000	216 000
Cash, Bank	97 000	79 000	96 000	15 000
Total Current Assets	745 000	574 000	468 000	595 000
Total Assets	4 918 000	4 549 000	3 777 000	3 814 000
Total Equity	1 300 000	1 616 000	1 764 000	2 114 000
Short-Term Group Debt	2 510 000	0	0	288 000
Total Long-Term Debt	0	0	0	0
Creditors	0	88 000	22 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 109 000	3 069 000	2 344 000	1 412 000
Total Current Debt	3 619 000	2 933 000	2 014 000	1 700 000
Total Equity and Debt	4 918 000	4 549 000	3 777 000	3 814 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−24,31 %	−9,16 %	−19,84 %	10,88 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−90,57 %	-	−281,2 %	71,57 %
Current Ratio	0,21	0,2	0,23	0,35
Quick Ratio	0,21	0,2	0,23	0,35
Equity Ratio	0,26	0,36	0,47	0,55
Gross Profit Margin	100 %	-	100 %	100 %