ENERGIKANALEN AS

3510 HØNEFOSS

Finances

Share Ownership

Return on Equity

69,72 %

Current Ratio

2,01

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	278 000	142 000	217 000	791 000
Net Income	76 000	16 000	−8 000	146 000
Total Assets	190 000	75 000	84 000	306 000
Total Equity	109 000	32 000	16 000	94 000

Income (NOK)	2022	2021	2020	2019
Revenue	278 000	142 000	217 000	791 000
Expenditure	202 000	126 000	225 000	645 000
Operating Profit	76 000	16 000	−8 000	146 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	76 000	16 000	−8 000	146 000
Tax	0	0	0	0
Net Income	76 000	16 000	−8 000	146 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	25 000	0	0	0
Total Current Assets	165 000	75 000	84 000	306 000
Total Assets	190 000	75 000	84 000	306 000
Total Retained Equity	79 000	2 000	−14 000	−6 000
Total Equity	109 000	32 000	16 000	94 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	82 000	43 000	68 000	212 000
Total Equity and Debt	190 000	75 000	84 000	306 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	278 000	142 000	217 000	791 000
Other Income	0	0	0	0
Revenue	278 000	142 000	217 000	791 000
Cost of Goods Sold	0	0	0	0
Salary Costs	153 000	96 000	183 000	410 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	202 000	126 000	225 000	645 000
Operating Profit	76 000	16 000	−8 000	146 000
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	76 000	16 000	−8 000	146 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	25 000	0	0	0
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	25 000	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	18 000	75 000	84 000	234 000
Total Current Assets	165 000	75 000	84 000	306 000
Total Assets	190 000	75 000	84 000	306 000
Total Equity	109 000	32 000	16 000	94 000
Short-Term Group Debt	0	7 000	14 000	34 000
Total Long-Term Debt	0	0	0	0
Creditors	0	0	1 000	0
Unpaid Taxes	69 000	36 000	54 000	174 000
Dividends	0	0	0	0
Other Current Debt	0	0	−1 000	5 000
Total Current Debt	82 000	43 000	68 000	212 000
Total Equity and Debt	190 000	75 000	84 000	306 000

Financial indicators	2022	2021	2020	2019
Return on Equity	69,72 %	50 %	−50 %	155,32 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	27,34 %	11,27 %	−3,69 %	18,46 %
Current Ratio	2,01	1,74	1,24	1,44
Quick Ratio	2,01	1,74	1,24	1,44
Equity Ratio	0,57	0,43	0,19	0,31
Gross Profit Margin	100 %	100 %	100 %	100 %