ELECTRIC CITY-LINK NORWAY AS

0279 OSLO

Finances

Share Ownership

Return on Equity

−15,13 %

Current Ratio

0,01

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 286 000	3 443 000	1 679 000	648 000
Net Income	−10 996 000	−7 835 000	−6 366 000	−3 691 000
Total Assets	295 468 000	293 991 000	231 330 000	187 974 000
Total Equity	72 695 000	83 691 000	91 526 000	97 892 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 286 000	3 443 000	1 679 000	648 000
Expenditure	12 368 000	9 848 000	6 054 000	3 441 000
Operating Profit	−5 082 000	−6 404 000	−4 374 000	−2 794 000
Financial Income	30 000	48 000	3 000	2 000
Financial Costs	9 044 000	3 688 000	3 791 000	1 940 000
Financial Balance	−9 014 000	−3 640 000	−3 788 000	−1 938 000
Earnings Before Tax	−14 097 000	−10 044 000	−8 162 000	−4 732 000
Tax	−3 101 000	−2 209 000	−1 796 000	−1 041 000
Net Income	−10 996 000	−7 835 000	−6 366 000	−3 691 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	294 136 000	283 768 000	205 927 000	165 140 000
Total Current Assets	1 332 000	10 224 000	25 403 000	22 834 000
Total Assets	295 468 000	293 991 000	231 330 000	187 974 000
Total Retained Equity	−38 608 000	−27 612 000	−19 777 000	−13 411 000
Total Equity	72 695 000	83 691 000	91 526 000	97 892 000
Total Long-Term Debt	0	0	83 312 000	61 782 000
Total Current Debt	222 772 000	210 300 000	56 491 000	28 300 000
Total Equity and Debt	295 468 000	293 991 000	231 330 000	187 974 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 526 000	3 289 000	1 679 000	648 000
Other Income	760 000	154 000	0	0
Revenue	7 286 000	3 443 000	1 679 000	648 000
Cost of Goods Sold	3 248 000	1 851 000	892 000	72 000
Salary Costs	0	0	0	0
Depreciation	8 543 000	7 659 000	4 292 000	3 118 000
Impairment	0	0	0	0
Expenditure	12 368 000	9 848 000	6 054 000	3 441 000
Operating Profit	−5 082 000	−6 404 000	−4 374 000	−2 794 000
Financial Income	30 000	48 000	3 000	2 000
Financial Costs	9 044 000	3 688 000	3 791 000	1 940 000
Financial Balance	−9 014 000	−3 640 000	−3 788 000	−1 938 000
Dividends	0	0	0	0
Net Income	−10 996 000	−7 835 000	−6 366 000	−3 691 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	11 013 000	7 958 000	5 804 000	3 783 000
Real Eastate	39 981 000	41 095 000	24 308 000	0
Machinery and Plant Facilities	243 142 000	234 714 000	175 815 000	161 357 000
Fixtures	0	0	0	0
Total Tangible Assets	283 123 000	275 809 000	200 123 000	161 357 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	294 136 000	283 768 000	205 927 000	165 140 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	6 733 000	6 259 000
Total Current Assets	1 332 000	10 224 000	25 403 000	22 834 000
Total Assets	295 468 000	293 991 000	231 330 000	187 974 000
Total Equity	72 695 000	83 691 000	91 526 000	97 892 000
Short-Term Group Debt	173 922 000	163 908 000	2 049 000	122 000
Total Long-Term Debt	0	0	83 312 000	61 782 000
Creditors	7 711 000	2 651 000	28 271 000	15 747 000
Unpaid Taxes	0	3 267 000	1 000	0
Dividends	0	0	0	0
Other Current Debt	41 140 000	40 473 000	26 170 000	12 431 000
Total Current Debt	222 772 000	210 300 000	56 491 000	28 300 000
Total Equity and Debt	295 468 000	293 991 000	231 330 000	187 974 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−15,13 %	−9,36 %	−6,96 %	−3,77 %
Debt-to-Equity Ratio	0	0	0,91	0,63
Operating Profit Margin	−69,75 %	−186 %	−260,51 %	−431,17 %
Current Ratio	0,01	0,05	0,45	0,81
Quick Ratio	0,01	0,05	0,45	0,81
Equity Ratio	0,25	0,28	0,4	0,52
Gross Profit Margin	55,42 %	46,24 %	46,87 %	88,89 %