NØRSTETEIG KRAFTVERK AS

3841 FLATDAL

Finances

Share Ownership

Return on Equity

29,88 %

Current Ratio

2,07

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	655 000	214 000	96 000	198 000
Net Income	366 000	91 000	−12 000	79 000
Total Assets	1 582 000	1 080 000	932 000	993 000
Total Equity	1 225 000	999 000	908 000	921 000

Income (NOK)	2022	2021	2020	2019
Revenue	655 000	214 000	96 000	198 000
Expenditure	185 000	98 000	108 000	96 000
Operating Profit	469 000	117 000	−11 000	103 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	469 000	117 000	−11 000	103 000
Tax	104 000	26 000	1 000	23 000
Net Income	366 000	91 000	−12 000	79 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	886 000	818 000	853 000	888 000
Total Current Assets	696 000	262 000	79 000	105 000
Total Assets	1 582 000	1 080 000	932 000	993 000
Total Retained Equity	1 123 000	897 000	806 000	818 000
Total Equity	1 225 000	999 000	908 000	921 000
Total Long-Term Debt	20 000	11 000	12 000	11 000
Total Current Debt	337 000	69 000	12 000	61 000
Total Equity and Debt	1 582 000	1 080 000	932 000	993 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	628 000	214 000	96 000	186 000
Other Income	27 000	0	0	12 000
Revenue	655 000	214 000	96 000	198 000
Cost of Goods Sold	−7 000	2 000	0	2 000
Salary Costs	0	0	0	0
Depreciation	36 000	35 000	35 000	35 000
Impairment	0	0	0	0
Expenditure	185 000	98 000	108 000	96 000
Operating Profit	469 000	117 000	−11 000	103 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	140 000	0	0	0
Net Income	366 000	91 000	−12 000	79 000

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	711 000	733 000	755 000	777 000
Fixtures	175 000	86 000	98 000	111 000
Total Tangible Assets	886 000	818 000	853 000	888 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	886 000	818 000	853 000	888 000
Stock	0	0	0	0
Total Investments	0	2 000	2 000	18 000
Cash, Bank	473 000	192 000	41 000	32 000
Total Current Assets	696 000	262 000	79 000	105 000
Total Assets	1 582 000	1 080 000	932 000	993 000
Total Equity	1 225 000	999 000	908 000	921 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	20 000	11 000	12 000	11 000
Creditors	5 000	1 000	8 000	0
Unpaid Taxes	87 000	42 000	12 000	22 000
Dividends	140 000	0	0	0
Other Current Debt	10 000	0	−9 000	19 000
Total Current Debt	337 000	69 000	12 000	61 000
Total Equity and Debt	1 582 000	1 080 000	932 000	993 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,88 %	9,11 %	−1,32 %	8,58 %
Debt-to-Equity Ratio	0,02	0,01	0,01	0,01
Operating Profit Margin	71,6 %	54,67 %	−11,46 %	52,02 %
Current Ratio	2,07	3,8	6,58	1,72
Quick Ratio	2,07	3,8	6,58	1,72
Equity Ratio	0,77	0,93	0,97	0,93
Gross Profit Margin	101,07 %	99,07 %	100 %	98,99 %