HOVUDUK KRAFTVERK AS

3840 SELJORD

Finances

Share Ownership

Return on Equity

127,83 %

Current Ratio

1,55

Debt-to-Equity Ratio

1,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 527 000	880 000	280 000	676 000
Net Income	1 401 000	320 000	−191 000	157 000
Total Assets	3 857 000	2 263 000	1 738 000	2 049 000
Total Equity	1 096 000	196 000	15 000	206 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 527 000	880 000	280 000	676 000
Expenditure	684 000	470 000	412 000	458 000
Operating Profit	1 844 000	410 000	−132 000	217 000
Financial Income	7 000	4 000	4 000	4 000
Financial Costs	64 000	61 000	62 000	64 000
Financial Balance	−57 000	−57 000	−58 000	−60 000
Earnings Before Tax	1 787 000	354 000	−191 000	157 000
Tax	386 000	33 000	0	0
Net Income	1 401 000	320 000	−191 000	157 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 417 000	1 327 000	1 382 000	1 461 000
Total Current Assets	2 441 000	935 000	356 000	588 000
Total Assets	3 857 000	2 263 000	1 738 000	2 049 000
Total Retained Equity	996 000	96 000	−85 000	106 000
Total Equity	1 096 000	196 000	15 000	206 000
Total Long-Term Debt	1 183 000	1 663 000	1 673 000	1 684 000
Total Current Debt	1 577 000	404 000	50 000	159 000
Total Equity and Debt	3 857 000	2 263 000	1 738 000	2 049 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 465 000	875 000	224 000	662 000
Other Income	63 000	5 000	56 000	13 000
Revenue	2 527 000	880 000	280 000	676 000
Cost of Goods Sold	1 000	0	8 000	−1 000
Salary Costs	303 000	147 000	39 000	82 000
Depreciation	60 000	55 000	79 000	79 000
Impairment	0	0	0	0
Expenditure	684 000	470 000	412 000	458 000
Operating Profit	1 844 000	410 000	−132 000	217 000
Financial Income	7 000	4 000	4 000	4 000
Financial Costs	64 000	61 000	62 000	64 000
Financial Balance	−57 000	−57 000	−58 000	−60 000
Dividends	500 000	140 000	0	0
Net Income	1 401 000	320 000	−191 000	157 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	70 000	70 000	70 000	70 000
Real Eastate	1 112 000	1 155 000	1 198 000	1 241 000
Machinery and Plant Facilities	83 000	90 000	97 000	104 000
Fixtures	151 000	12 000	17 000	46 000
Total Tangible Assets	1 347 000	1 257 000	1 312 000	1 391 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 417 000	1 327 000	1 382 000	1 461 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 680 000	779 000	310 000	444 000
Total Current Assets	2 441 000	935 000	356 000	588 000
Total Assets	3 857 000	2 263 000	1 738 000	2 049 000
Total Equity	1 096 000	196 000	15 000	206 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 183 000	1 663 000	1 673 000	1 684 000
Creditors	22 000	10 000	8 000	0
Unpaid Taxes	591 000	179 000	13 000	133 000
Dividends	500 000	140 000	0	0
Other Current Debt	78 000	41 000	29 000	26 000
Total Current Debt	1 577 000	404 000	50 000	159 000
Total Equity and Debt	3 857 000	2 263 000	1 738 000	2 049 000

Financial indicators	2022	2021	2020	2019
Return on Equity	127,83 %	163,27 %	−1 273,33 %	76,21 %
Debt-to-Equity Ratio	1,08	8,48	111,53	8,17
Operating Profit Margin	72,97 %	46,59 %	−47,14 %	32,1 %
Current Ratio	1,55	2,31	7,12	3,7
Quick Ratio	1,55	2,31	7,12	3,7
Equity Ratio	0,28	0,09	0,01	0,1
Gross Profit Margin	99,96 %	100 %	97,14 %	100,15 %