NORDIC ENERGY AS

7652 VERDAL

Finances

Share Ownership

Return on Equity

3,14 %

Current Ratio

1,59

Debt-to-Equity Ratio

−2,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	52 000	0	0	240 000
Net Income	−7 000	−60 000	−11 000	174 000
Total Assets	335 000	314 000	0	14 000
Total Equity	−223 000	−217 000	−157 000	−147 000

Income (NOK)	2022	2021	2020	2019
Revenue	52 000	0	0	240 000
Expenditure	55 000	40 000	11 000	62 000
Operating Profit	−3 000	−40 000	−11 000	178 000
Financial Income	0	0	0	0
Financial Costs	3 000	19 000	0	3 000
Financial Balance	−3 000	−19 000	0	−3 000
Earnings Before Tax	−7 000	−60 000	−11 000	174 000
Tax	0	0	0	0
Net Income	−7 000	−60 000	−11 000	174 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	205 000	205 000	0	0
Total Current Assets	130 000	109 000	0	14 000
Total Assets	335 000	314 000	0	14 000
Total Retained Equity	−253 000	−247 000	−187 000	−177 000
Total Equity	−223 000	−217 000	−157 000	−147 000
Total Long-Term Debt	477 000	477 000	158 000	158 000
Total Current Debt	82 000	54 000	0	3 000
Total Equity and Debt	335 000	314 000	0	14 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	52 000	0	0	0
Other Income	0	0	0	240 000
Revenue	52 000	0	0	240 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	55 000	40 000	11 000	62 000
Operating Profit	−3 000	−40 000	−11 000	178 000
Financial Income	0	0	0	0
Financial Costs	3 000	19 000	0	3 000
Financial Balance	−3 000	−19 000	0	−3 000
Dividends	0	0	0	0
Net Income	−7 000	−60 000	−11 000	174 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	205 000	205 000	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	205 000	205 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	53 000	109 000	0	14 000
Total Current Assets	130 000	109 000	0	14 000
Total Assets	335 000	314 000	0	14 000
Total Equity	−223 000	−217 000	−157 000	−147 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	477 000	477 000	158 000	158 000
Creditors	82 000	54 000	0	3 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	82 000	54 000	0	3 000
Total Equity and Debt	335 000	314 000	0	14 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,14 %	27,65 %	7,01 %	−118,37 %
Debt-to-Equity Ratio	−2,14	−2,2	−1,01	−1,07
Operating Profit Margin	−5,77 %	-	-	74,17 %
Current Ratio	1,59	2,02	-	4,67
Quick Ratio	1,59	2,02	-	4,67
Equity Ratio	−0,67	−0,69	-	−10,5
Gross Profit Margin	100 %	-	-	100 %