NORSK VIND EGERSUND AS

4021 STAVANGER

Finances

Share Ownership

Return on Equity

32,43 %

Current Ratio

1,72

Debt-to-Equity Ratio

14,92

Key figures (EUR)	2022	2021	2020	2019
Revenue	13 422 000	11 886 000	143 336 000	136 994 000
Net Income	2 229 000	−1 041 000	−55 593 000	27 990 000
Total Assets	116 709 000	121 644 000	1 198 369 000	1 223 932 000
Total Equity	6 874 000	4 645 000	−93 534 000	−37 941 000

Income (EUR)	2022	2021	2020	2019
Revenue	13 422 000	11 886 000	143 336 000	136 994 000
Expenditure	8 299 000	9 684 000	90 264 000	83 848 000
Operating Profit	5 124 000	2 202 000	53 071 000	53 146 000
Financial Income	62 000	168 000	18 000	36 939 000
Financial Costs	2 957 000	3 411 000	108 683 000	62 095 000
Financial Balance	−2 895 000	−3 243 000	−108 665 000	−25 156 000
Earnings Before Tax	2 229 000	−1 041 000	−55 593 000	27 990 000
Tax	0	0	0	0
Net Income	2 229 000	−1 041 000	−55 593 000	27 990 000

Balance (EUR)	2022	2021	2020	2019
Total Fixed Assets	104 173 000	109 388 000	1 046 820 000	1 095 107 000
Total Current Assets	12 536 000	12 256 000	151 549 000	128 826 000
Total Assets	116 709 000	121 644 000	1 198 369 000	1 223 932 000
Total Retained Equity	6 864 000	4 635 000	−93 634 000	−38 041 000
Total Equity	6 874 000	4 645 000	−93 534 000	−37 941 000
Total Long-Term Debt	102 567 000	109 358 000	1 213 579 000	1 206 154 000
Total Current Debt	7 269 000	7 642 000	78 324 000	55 719 000
Total Equity and Debt	116 709 000	121 644 000	1 198 369 000	1 223 932 000

Cash flow (EUR)	2022	2021	2020	2019
Sales Income	13 422 000	11 886 000	143 098 000	132 368 000
Other Income	0	0	238 000	4 626 000
Revenue	13 422 000	11 886 000	143 336 000	136 994 000
Cost of Goods Sold	−1 709 000	−203 000	5 038 000	2 923 000
Salary Costs	0	0	0	0
Depreciation	5 110 000	5 119 000	47 230 000	47 229 000
Impairment	0	0	0	0
Expenditure	8 299 000	9 684 000	90 264 000	83 848 000
Operating Profit	5 124 000	2 202 000	53 071 000	53 146 000
Financial Income	62 000	168 000	18 000	36 939 000
Financial Costs	2 957 000	3 411 000	108 683 000	62 095 000
Financial Balance	−2 895 000	−3 243 000	−108 665 000	−25 156 000
Dividends	0	0	0	0
Net Income	2 229 000	−1 041 000	−55 593 000	27 990 000

Balance details (EUR)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	5 000	176 000	331 000
Real Eastate	4 014 000	4 213 000	40 717 000	42 568 000
Machinery and Plant Facilities	99 217 000	104 123 000	993 870 000	1 039 055 000
Fixtures	0	0	0	0
Total Tangible Assets	103 231 000	108 336 000	1 034 586 000	1 081 623 000
Total Fiancial Fixed Assets	942 000	1 047 000	12 057 000	13 153 000
Total Fixed Assets	104 173 000	109 388 000	1 046 820 000	1 095 107 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	10 788 000	10 608 000	135 332 000	110 347 000
Total Current Assets	12 536 000	12 256 000	151 549 000	128 826 000
Total Assets	116 709 000	121 644 000	1 198 369 000	1 223 932 000
Total Equity	6 874 000	4 645 000	−93 534 000	−37 941 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	102 567 000	109 358 000	1 213 579 000	1 206 154 000
Creditors	1 651 000	2 143 000	18 112 000	25 269 000
Unpaid Taxes	479 000	668 000	6 599 000	4 830 000
Dividends	0	0	0	0
Other Current Debt	5 139 000	4 830 000	53 613 000	25 619 000
Total Current Debt	7 269 000	7 642 000	78 324 000	55 719 000
Total Equity and Debt	116 709 000	121 644 000	1 198 369 000	1 223 932 000

Financial indicators	2022	2021	2020	2019
Return on Equity	32,43 %	−22,41 %	59,44 %	−73,77 %
Debt-to-Equity Ratio	14,92	23,54	−12,97	−31,79
Operating Profit Margin	38,18 %	18,53 %	37,03 %	38,79 %
Current Ratio	1,72	1,6	1,93	2,31
Quick Ratio	1,72	1,6	1,93	2,31
Equity Ratio	0,06	0,04	−0,08	−0,03
Gross Profit Margin	112,73 %	101,71 %	96,49 %	97,87 %