NORWEGIAN ENERGY SERVICE AS

4083 HUNDVÅG

Finances

Return on Equity

−12,78 %

Current Ratio

0,59

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	1 000	5 000	0
Net Income	−51 000	−86 000	−17 000	−15 000
Total Assets	1 222 000	687 000	480 000	114 000
Total Equity	399 000	451 000	36 000	53 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	1 000	5 000	0
Expenditure	51 000	62 000	22 000	15 000
Operating Profit	−51 000	−61 000	−17 000	−15 000
Financial Income	0	0	0	0
Financial Costs	0	30 000	0	0
Financial Balance	0	−30 000	0	0
Earnings Before Tax	−51 000	−91 000	−17 000	−15 000
Tax	0	−5 000	0	0
Net Income	−51 000	−86 000	−17 000	−15 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	735 000	253 000	441 000	48 000
Total Current Assets	487 000	434 000	39 000	66 000
Total Assets	1 222 000	687 000	480 000	114 000
Total Retained Equity	−139 000	−99 000	−2 000	15 000
Total Equity	399 000	451 000	36 000	53 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	823 000	236 000	444 000	62 000
Total Equity and Debt	1 222 000	687 000	480 000	114 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	1 000	5 000	0
Other Income	0	0	0	0
Revenue	0	1 000	5 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	18 000	18 000	12 000	0
Impairment	0	0	0	0
Expenditure	51 000	62 000	22 000	15 000
Operating Profit	−51 000	−61 000	−17 000	−15 000
Financial Income	0	0	0	0
Financial Costs	0	30 000	0	0
Financial Balance	0	−30 000	0	0
Dividends	0	0	0	0
Net Income	−51 000	−86 000	−17 000	−15 000

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	42 000	0	78 000	0
Fixtures	0	60 000	0	0
Total Tangible Assets	42 000	60 000	78 000	0
Total Fiancial Fixed Assets	693 000	193 000	363 000	48 000
Total Fixed Assets	735 000	253 000	441 000	48 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	487 000	424 000	15 000	65 000
Total Current Assets	487 000	434 000	39 000	66 000
Total Assets	1 222 000	687 000	480 000	114 000
Total Equity	399 000	451 000	36 000	53 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	2 000	0	3 000
Unpaid Taxes	−7 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	830 000	234 000	444 000	59 000
Total Current Debt	823 000	236 000	444 000	62 000
Total Equity and Debt	1 222 000	687 000	480 000	114 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−12,78 %	−19,07 %	−47,22 %	−28,3 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	−6 100 %	−340 %	-
Current Ratio	0,59	1,84	0,09	1,06
Quick Ratio	0,59	1,84	0,09	1,06
Equity Ratio	0,33	0,66	0,08	0,46
Gross Profit Margin	-	100 %	100 %	-