247 ENERGY AS

4017 STAVANGER

Finances

Share Ownership

Return on Equity

5,48 %

Current Ratio

0,01

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 222 000	2 919 000	3 049 000	3 170 000
Net Income	−325 000	−576 000	−87 000	−3 000
Total Assets	116 000	269 000	553 000	563 000
Total Equity	−5 931 000	−5 606 000	−5 030 000	−4 943 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 222 000	2 919 000	3 049 000	3 170 000
Expenditure	2 549 000	3 495 000	3 136 000	3 169 000
Operating Profit	−327 000	−576 000	−88 000	1 000
Financial Income	2 000	0	2 000	2 000
Financial Costs	0	0	1 000	6 000
Financial Balance	2 000	0	1 000	−4 000
Earnings Before Tax	−325 000	−576 000	−87 000	−3 000
Tax	0	0	0	0
Net Income	−325 000	−576 000	−87 000	−3 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	65 000	83 000	124 000	144 000
Total Current Assets	51 000	186 000	429 000	418 000
Total Assets	116 000	269 000	553 000	563 000
Total Retained Equity	−6 272 000	−5 947 000	−5 372 000	−5 285 000
Total Equity	−5 931 000	−5 606 000	−5 030 000	−4 943 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	6 047 000	5 875 000	5 583 000	5 506 000
Total Equity and Debt	116 000	269 000	553 000	563 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 211 000	2 800 000	2 673 000	3 170 000
Other Income	11 000	120 000	376 000	0
Revenue	2 222 000	2 919 000	3 049 000	3 170 000
Cost of Goods Sold	44 000	43 000	0	0
Salary Costs	1 145 000	1 403 000	1 247 000	1 304 000
Depreciation	18 000	41 000	45 000	43 000
Impairment	0	0	0	0
Expenditure	2 549 000	3 495 000	3 136 000	3 169 000
Operating Profit	−327 000	−576 000	−88 000	1 000
Financial Income	2 000	0	2 000	2 000
Financial Costs	0	0	1 000	6 000
Financial Balance	2 000	0	1 000	−4 000
Dividends	0	0	0	0
Net Income	−325 000	−576 000	−87 000	−3 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	20 000	20 000	20 000	20 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	45 000	63 000	104 000	124 000
Total Tangible Assets	45 000	63 000	104 000	124 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	65 000	83 000	124 000	144 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	10 000	156 000	307 000	296 000
Total Current Assets	51 000	186 000	429 000	418 000
Total Assets	116 000	269 000	553 000	563 000
Total Equity	−5 931 000	−5 606 000	−5 030 000	−4 943 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	259 000	225 000	71 000
Unpaid Taxes	0	104 000	63 000	146 000
Dividends	0	0	0	0
Other Current Debt	6 047 000	5 512 000	5 295 000	5 290 000
Total Current Debt	6 047 000	5 875 000	5 583 000	5 506 000
Total Equity and Debt	116 000	269 000	553 000	563 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,48 %	10,27 %	1,73 %	0,06 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	−14,72 %	−19,73 %	−2,89 %	0,03 %
Current Ratio	0,01	0,03	0,08	0,08
Quick Ratio	0,01	0,03	0,08	0,08
Equity Ratio	−51,13	−20,84	−9,1	−8,78
Gross Profit Margin	98,02 %	98,53 %	100 %	100 %