KVANNVATN KRAFT AS

8517 NARVIK

Finances

Share Ownership

Return on Equity

−38,76 %

Current Ratio

7,18

Debt-to-Equity Ratio

10,87

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 317 000	6 417 000	1 570 000	8 972 000
Net Income	−1 818 000	1 588 000	−2 123 000	3 073 000
Total Assets	56 689 000	62 851 000	32 958 000	35 471 000
Total Equity	4 691 000	6 508 000	6 517 000	8 640 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 317 000	6 417 000	1 570 000	8 972 000
Expenditure	3 784 000	3 346 000	3 536 000	4 018 000
Operating Profit	−468 000	3 070 000	−1 965 000	4 952 000
Financial Income	52 000	7 000	3 000	16 000
Financial Costs	1 886 000	1 041 000	759 000	1 026 000
Financial Balance	−1 834 000	−1 034 000	−756 000	−1 010 000
Earnings Before Tax	−2 302 000	2 036 000	−2 721 000	3 942 000
Tax	−484 000	448 000	−598 000	870 000
Net Income	−1 818 000	1 588 000	−2 123 000	3 073 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	49 607 000	40 340 000	31 129 000	31 824 000
Total Current Assets	7 082 000	22 511 000	1 829 000	3 647 000
Total Assets	56 689 000	62 851 000	32 958 000	35 471 000
Total Retained Equity	4 516 000	6 200 000	6 208 000	8 331 000
Total Equity	4 691 000	6 508 000	6 517 000	8 640 000
Total Long-Term Debt	51 013 000	52 989 000	25 723 000	25 109 000
Total Current Debt	986 000	3 354 000	718 000	1 722 000
Total Equity and Debt	56 689 000	62 851 000	32 958 000	35 471 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 326 000	6 417 000	1 437 000	9 046 000
Other Income	−9 000	0	134 000	−74 000
Revenue	3 317 000	6 417 000	1 570 000	8 972 000
Cost of Goods Sold	880 000	1 151 000	645 000	1 210 000
Salary Costs	0	0	168 000	4 000
Depreciation	1 025 000	790 000	792 000	781 000
Impairment	0	0	0	0
Expenditure	3 784 000	3 346 000	3 536 000	4 018 000
Operating Profit	−468 000	3 070 000	−1 965 000	4 952 000
Financial Income	52 000	7 000	3 000	16 000
Financial Costs	1 886 000	1 041 000	759 000	1 026 000
Financial Balance	−1 834 000	−1 034 000	−756 000	−1 010 000
Dividends	0	0	0	1 000 000
Net Income	−1 818 000	1 588 000	−2 123 000	3 073 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	601 000	309 000	309 000	309 000
Real Eastate	5 000	14 571 000	4 664 000	4 756 000
Machinery and Plant Facilities	49 000 000	25 459 000	26 157 000	26 423 000
Fixtures	0	0	0	10 000
Total Tangible Assets	49 005 000	40 030 000	30 820 000	31 190 000
Total Fiancial Fixed Assets	0	0	0	325 000
Total Fixed Assets	49 607 000	40 340 000	31 129 000	31 824 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	6 340 000	21 230 000	876 000	1 349 000
Total Current Assets	7 082 000	22 511 000	1 829 000	3 647 000
Total Assets	56 689 000	62 851 000	32 958 000	35 471 000
Total Equity	4 691 000	6 508 000	6 517 000	8 640 000
Short-Term Group Debt	0	2 048 000	0	0
Total Long-Term Debt	51 013 000	52 989 000	25 723 000	25 109 000
Creditors	366 000	194 000	307 000	269 000
Unpaid Taxes	195 000	205 000	69 000	0
Dividends	0	0	0	1 000 000
Other Current Debt	425 000	907 000	342 000	595 000
Total Current Debt	986 000	3 354 000	718 000	1 722 000
Total Equity and Debt	56 689 000	62 851 000	32 958 000	35 471 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−38,76 %	24,4 %	−32,58 %	35,57 %
Debt-to-Equity Ratio	10,87	8,14	3,95	2,91
Operating Profit Margin	−14,11 %	47,84 %	−125,16 %	55,19 %
Current Ratio	7,18	6,71	2,55	2,12
Quick Ratio	7,18	6,71	2,55	2,12
Equity Ratio	0,08	0,1	0,2	0,24
Gross Profit Margin	73,47 %	82,06 %	58,92 %	86,51 %