GE ENERGY POWER CONVERSION NORWAY AS

0277 OSLO

Finances

Share Ownership

Return on Equity

4,91 %

Current Ratio

1,15

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 758 000	5 985 000	6 583 000	8 206 000
Net Income	109 000	190 000	141 000	5 000
Total Assets	15 248 000	10 289 000	6 156 000	18 424 000
Total Equity	2 219 000	2 110 000	1 920 000	1 778 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 758 000	5 985 000	6 583 000	8 206 000
Expenditure	6 436 000	5 700 000	6 270 000	7 815 000
Operating Profit	322 000	285 000	313 000	391 000
Financial Income	3 000	−5 000	10 000	0
Financial Costs	186 000	36 000	142 000	385 000
Financial Balance	−183 000	−41 000	−132 000	−385 000
Earnings Before Tax	139 000	244 000	181 000	6 000
Tax	31 000	54 000	40 000	1 000
Net Income	109 000	190 000	141 000	5 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	285 000	285 000	333 000	350 000
Total Current Assets	14 963 000	10 004 000	5 823 000	18 074 000
Total Assets	15 248 000	10 289 000	6 156 000	18 424 000
Total Retained Equity	2 119 000	2 010 000	1 820 000	1 678 000
Total Equity	2 219 000	2 110 000	1 920 000	1 778 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	13 029 000	8 179 000	4 236 000	16 646 000
Total Equity and Debt	15 248 000	10 289 000	6 156 000	18 424 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 758 000	5 985 000	6 583 000	8 206 000
Other Income	0	0	0	0
Revenue	6 758 000	5 985 000	6 583 000	8 206 000
Cost of Goods Sold	0	0	0	0
Salary Costs	4 759 000	4 900 000	3 716 000	5 209 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	6 436 000	5 700 000	6 270 000	7 815 000
Operating Profit	322 000	285 000	313 000	391 000
Financial Income	3 000	−5 000	10 000	0
Financial Costs	186 000	36 000	142 000	385 000
Financial Balance	−183 000	−41 000	−132 000	−385 000
Dividends	0	0	0	0
Net Income	109 000	190 000	141 000	5 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	285 000	285 000	333 000	350 000
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	0	0	0	0
Total Fixed Assets	285 000	285 000	333 000	350 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	14 963 000	10 004 000	5 823 000	18 074 000
Total Assets	15 248 000	10 289 000	6 156 000	18 424 000
Total Equity	2 219 000	2 110 000	1 920 000	1 778 000
Short-Term Group Debt	12 424 000	7 345 000	3 131 000	15 895 000
Total Long-Term Debt	0	0	0	0
Creditors	0	4 000	320 000	21 000
Unpaid Taxes	0	218 000	235 000	319 000
Dividends	0	0	0	0
Other Current Debt	575 000	606 000	528 000	376 000
Total Current Debt	13 029 000	8 179 000	4 236 000	16 646 000
Total Equity and Debt	15 248 000	10 289 000	6 156 000	18 424 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,91 %	9 %	7,34 %	0,28 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,76 %	4,76 %	4,75 %	4,76 %
Current Ratio	1,15	1,22	1,37	1,09
Quick Ratio	1,15	1,22	1,37	1,09
Equity Ratio	0,15	0,21	0,31	0,1
Gross Profit Margin	100 %	100 %	100 %	100 %