VALGERMO/GISKEMO KRAFT AS

6240 ØRSKOG

Finances

Share Ownership

Return on Equity

35,94 %

Current Ratio

0,11

Debt-to-Equity Ratio

−5,95

Key figures (NOK)	2022	2021	2020	2019
Revenue	517 000	768 000	246 000	690 000
Net Income	−693 000	−250 000	−813 000	−317 000
Total Assets	9 857 000	10 526 000	10 586 000	11 376 000
Total Equity	−1 928 000	−1 235 000	−985 000	−171 000

Income (NOK)	2022	2021	2020	2019
Revenue	517 000	768 000	246 000	690 000
Expenditure	715 000	707 000	650 000	659 000
Operating Profit	−199 000	62 000	−403 000	32 000
Financial Income	0	0	2 000	0
Financial Costs	494 000	312 000	334 000	439 000
Financial Balance	−494 000	−312 000	−332 000	−439 000
Earnings Before Tax	−693 000	−250 000	−735 000	−407 000
Tax	0	0	78 000	−90 000
Net Income	−693 000	−250 000	−813 000	−317 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 822 000	10 161 000	10 500 000	10 917 000
Total Current Assets	34 000	365 000	86 000	459 000
Total Assets	9 857 000	10 526 000	10 586 000	11 376 000
Total Retained Equity	−2 028 000	−1 335 000	−1 085 000	−271 000
Total Equity	−1 928 000	−1 235 000	−985 000	−171 000
Total Long-Term Debt	11 466 000	11 576 000	11 266 000	11 334 000
Total Current Debt	318 000	185 000	305 000	214 000
Total Equity and Debt	9 857 000	10 526 000	10 586 000	11 376 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	517 000	768 000	246 000	690 000
Other Income	0	0	0	0
Revenue	517 000	768 000	246 000	690 000
Cost of Goods Sold	78 000	57 000	86 000	66 000
Salary Costs	12 000	84 000	19 000	36 000
Depreciation	332 000	333 000	333 000	333 000
Impairment	0	0	0	0
Expenditure	715 000	707 000	650 000	659 000
Operating Profit	−199 000	62 000	−403 000	32 000
Financial Income	0	0	2 000	0
Financial Costs	494 000	312 000	334 000	439 000
Financial Balance	−494 000	−312 000	−332 000	−439 000
Dividends	0	0	0	0
Net Income	−693 000	−250 000	−813 000	−317 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	175 000	181 000	188 000	272 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	1 063 000	1 148 000	1 232 000	1 317 000
Fixtures	8 584 000	8 832 000	9 080 000	9 329 000
Total Tangible Assets	9 647 000	9 980 000	10 313 000	10 645 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	9 822 000	10 161 000	10 500 000	10 917 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 000	243 000	48 000	300 000
Total Current Assets	34 000	365 000	86 000	459 000
Total Assets	9 857 000	10 526 000	10 586 000	11 376 000
Total Equity	−1 928 000	−1 235 000	−985 000	−171 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 466 000	11 576 000	11 266 000	11 334 000
Creditors	24 000	7 000	17 000	4 000
Unpaid Taxes	11 000	51 000	11 000	6 000
Dividends	0	0	0	0
Other Current Debt	272 000	126 000	277 000	204 000
Total Current Debt	318 000	185 000	305 000	214 000
Total Equity and Debt	9 857 000	10 526 000	10 586 000	11 376 000

Financial indicators	2022	2021	2020	2019
Return on Equity	35,94 %	20,24 %	82,54 %	185,38 %
Debt-to-Equity Ratio	−5,95	−9,37	−11,44	−66,28
Operating Profit Margin	−38,49 %	8,07 %	−163,82 %	4,64 %
Current Ratio	0,11	1,97	0,28	2,14
Quick Ratio	0,11	1,97	0,28	2,14
Equity Ratio	−0,2	−0,12	−0,09	−0,02
Gross Profit Margin	84,91 %	92,58 %	65,04 %	90,43 %