GENESIS ENERGIES NORWAY AS

4319 SANDNES

Finances

Share Ownership

Return on Equity

7,52 %

Current Ratio

0,67

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 059 000	26 017 000	13 799 000	13 046 000
Net Income	−534 000	727 000	−3 757 000	−4 289 000
Total Assets	14 379 000	13 775 000	7 001 000	6 979 000
Total Equity	−7 104 000	−6 570 000	−7 297 000	−3 541 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 059 000	26 017 000	13 799 000	13 046 000
Expenditure	20 420 000	25 204 000	17 512 000	17 369 000
Operating Profit	−361 000	813 000	−3 714 000	−4 323 000
Financial Income	60 000	−28 000	0	1 000
Financial Costs	232 000	57 000	42 000	−33 000
Financial Balance	−172 000	−85 000	−42 000	34 000
Earnings Before Tax	−534 000	727 000	−3 757 000	−4 289 000
Tax	0	0	0	0
Net Income	−534 000	727 000	−3 757 000	−4 289 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	1 000	2 000	4 000
Total Current Assets	14 379 000	13 774 000	6 999 000	6 976 000
Total Assets	14 379 000	13 775 000	7 001 000	6 979 000
Total Retained Equity	−25 995 000	−25 462 000	−26 189 000	−22 433 000
Total Equity	−7 104 000	−6 570 000	−7 297 000	−3 541 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	21 483 000	20 346 000	14 299 000	10 520 000
Total Equity and Debt	14 379 000	13 775 000	7 001 000	6 979 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	20 059 000	26 017 000	13 799 000	13 046 000
Other Income	0	0	0	0
Revenue	20 059 000	26 017 000	13 799 000	13 046 000
Cost of Goods Sold	6 571 000	12 197 000	720 000	2 036 000
Salary Costs	11 728 000	11 349 000	13 291 000	13 198 000
Depreciation	1 000	1 000	1 000	1 000
Impairment	0	0	0	0
Expenditure	20 420 000	25 204 000	17 512 000	17 369 000
Operating Profit	−361 000	813 000	−3 714 000	−4 323 000
Financial Income	60 000	−28 000	0	1 000
Financial Costs	232 000	57 000	42 000	−33 000
Financial Balance	−172 000	−85 000	−42 000	34 000
Dividends	0	0	0	0
Net Income	−534 000	727 000	−3 757 000	−4 289 000

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	0	0	0	0
Fixtures	0	1 000	2 000	4 000
Total Tangible Assets	0	1 000	2 000	4 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	1 000	2 000	4 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 050 000	3 778 000	1 358 000	3 891 000
Total Current Assets	14 379 000	13 774 000	6 999 000	6 976 000
Total Assets	14 379 000	13 775 000	7 001 000	6 979 000
Total Equity	−7 104 000	−6 570 000	−7 297 000	−3 541 000
Short-Term Group Debt	12 550 000	11 444 000	10 316 000	7 350 000
Total Long-Term Debt	0	0	0	0
Creditors	53 000	0	24 000	281 000
Unpaid Taxes	2 854 000	2 077 000	1 229 000	1 186 000
Dividends	0	0	0	0
Other Current Debt	6 025 000	6 824 000	2 730 000	1 704 000
Total Current Debt	21 483 000	20 346 000	14 299 000	10 520 000
Total Equity and Debt	14 379 000	13 775 000	7 001 000	6 979 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,52 %	−11,07 %	51,49 %	121,12 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	−1,8 %	3,12 %	−26,91 %	−33,14 %
Current Ratio	0,67	0,68	0,49	0,66
Quick Ratio	0,67	0,68	0,49	0,66
Equity Ratio	−0,49	−0,48	−1,04	−0,51
Gross Profit Margin	67,24 %	53,12 %	94,78 %	84,39 %