UNION GEOENERGI AS

3045 DRAMMEN

Finances

Share Ownership

Return on Equity

46,16 %

Current Ratio

3,22

Debt-to-Equity Ratio

1,59

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 407 000	1 293 000	647 000	1 103 000
Net Income	457 000	−15 000	−369 000	−18 000
Total Assets	3 381 000	2 236 000	2 220 000	2 547 000
Total Equity	990 000	532 000	547 000	916 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 407 000	1 293 000	647 000	1 103 000
Expenditure	1 884 000	1 242 000	953 000	1 067 000
Operating Profit	523 000	51 000	−306 000	36 000
Financial Income	15 000	0	5 000	11 000
Financial Costs	81 000	66 000	68 000	65 000
Financial Balance	−66 000	−66 000	−63 000	−54 000
Earnings Before Tax	457 000	−15 000	−369 000	−18 000
Tax	0	0	0	0
Net Income	457 000	−15 000	−369 000	−18 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	740 000	1 123 000	1 482 000	628 000
Total Current Assets	2 641 000	1 113 000	738 000	1 919 000
Total Assets	3 381 000	2 236 000	2 220 000	2 547 000
Total Retained Equity	−7 129 000	−7 587 000	−7 572 000	−7 203 000
Total Equity	990 000	532 000	547 000	916 000
Total Long-Term Debt	1 571 000	1 490 000	1 425 000	1 357 000
Total Current Debt	820 000	214 000	248 000	273 000
Total Equity and Debt	3 381 000	2 236 000	2 220 000	2 546 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 407 000	1 293 000	647 000	1 103 000
Other Income	0	0	0	0
Revenue	2 407 000	1 293 000	647 000	1 103 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	383 000	381 000	295 000	266 000
Impairment	0	0	0	0
Expenditure	1 884 000	1 242 000	953 000	1 067 000
Operating Profit	523 000	51 000	−306 000	36 000
Financial Income	15 000	0	5 000	11 000
Financial Costs	81 000	66 000	68 000	65 000
Financial Balance	−66 000	−66 000	−63 000	−54 000
Dividends	0	0	0	0
Net Income	457 000	−15 000	−369 000	−18 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	740 000	1 123 000	1 482 000	628 000
Fixtures	0	0	0	0
Total Tangible Assets	740 000	1 123 000	1 482 000	628 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	740 000	1 123 000	1 482 000	628 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 581 000	428 000	145 000	1 308 000
Total Current Assets	2 641 000	1 113 000	738 000	1 919 000
Total Assets	3 381 000	2 236 000	2 220 000	2 547 000
Total Equity	990 000	532 000	547 000	916 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 571 000	1 490 000	1 425 000	1 357 000
Creditors	241 000	0	0	158 000
Unpaid Taxes	254 000	0	0	70 000
Dividends	0	0	0	0
Other Current Debt	325 000	214 000	248 000	45 000
Total Current Debt	820 000	214 000	248 000	273 000
Total Equity and Debt	3 381 000	2 236 000	2 220 000	2 546 000

Financial indicators	2022	2021	2020	2019
Return on Equity	46,16 %	−2,82 %	−67,46 %	−1,97 %
Debt-to-Equity Ratio	1,59	2,8	2,61	1,48
Operating Profit Margin	21,73 %	3,94 %	−47,3 %	3,26 %
Current Ratio	3,22	5,2	2,98	7,03
Quick Ratio	3,22	5,2	2,98	7,03
Equity Ratio	0,29	0,24	0,25	0,36
Gross Profit Margin	100 %	100 %	100 %	100 %