TVERRDALSELVI KRAFT AS

6848 FJÆRLAND

Finances

Share Ownership

Return on Equity

86,92 %

Current Ratio

0,85

Debt-to-Equity Ratio

3,37

Key figures (EUR)	2022	2021	2020	2019
Revenue	2 624 000	8 588 000	492 000	0
Net Income	904 000	1 761 000	−2 392 000	−13 000
Total Assets	5 663 000	58 379 000	52 588 000	46 852 000
Total Equity	1 040 000	1 408 000	−41 000	2 351 000

Income (EUR)	2022	2021	2020	2019
Revenue	2 624 000	8 588 000	492 000	0
Expenditure	1 275 000	4 005 000	2 026 000	89 000
Operating Profit	1 348 000	4 583 000	−1 534 000	−89 000
Financial Income	24 000	4 000	19 000	72 000
Financial Costs	232 000	2 330 000	1 552 000	0
Financial Balance	−208 000	−2 326 000	−1 533 000	72 000
Earnings Before Tax	1 141 000	2 257 000	−3 067 000	−17 000
Tax	236 000	497 000	−675 000	−4 000
Net Income	904 000	1 761 000	−2 392 000	−13 000

Balance (EUR)	2022	2021	2020	2019
Total Fixed Assets	4 719 000	50 116 000	51 205 000	39 048 000
Total Current Assets	945 000	8 264 000	1 383 000	7 804 000
Total Assets	5 663 000	58 379 000	52 588 000	46 852 000
Total Retained Equity	847 000	−588 000	−2 348 000	44 000
Total Equity	1 040 000	1 408 000	−41 000	2 351 000
Total Long-Term Debt	3 506 000	47 588 000	44 131 000	39 580 000
Total Current Debt	1 117 000	9 384 000	8 497 000	4 921 000
Total Equity and Debt	5 663 000	58 379 000	52 588 000	46 852 000

Cash flow (EUR)	2022	2021	2020	2019
Sales Income	2 624 000	8 588 000	492 000	0
Other Income	0	0	0	0
Revenue	2 624 000	8 588 000	492 000	0
Cost of Goods Sold	304 000	1 829 000	1 294 000	0
Salary Costs	0	0	0	0
Depreciation	124 000	1 334 000	0	0
Impairment	0	0	0	0
Expenditure	1 275 000	4 005 000	2 026 000	89 000
Operating Profit	1 348 000	4 583 000	−1 534 000	−89 000
Financial Income	24 000	4 000	19 000	72 000
Financial Costs	232 000	2 330 000	1 552 000	0
Financial Balance	−208 000	−2 326 000	−1 533 000	72 000
Dividends	0	0	0	0
Net Income	904 000	1 761 000	−2 392 000	−13 000

Balance details (EUR)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	5 000	76 000	5 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	4 718 000	50 111 000	51 129 000	39 043 000
Fixtures	0	0	0	0
Total Tangible Assets	4 718 000	50 111 000	51 129 000	39 043 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 719 000	50 116 000	51 205 000	39 048 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	904 000	5 811 000	468 000	5 349 000
Total Current Assets	945 000	8 264 000	1 383 000	7 804 000
Total Assets	5 663 000	58 379 000	52 588 000	46 852 000
Total Equity	1 040 000	1 408 000	−41 000	2 351 000
Short-Term Group Debt	0	8 710 000	4 675 000	4 278 000
Total Long-Term Debt	3 506 000	47 588 000	44 131 000	39 580 000
Creditors	139 000	667 000	3 811 000	293 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	741 000	7 000	12 000	350 000
Total Current Debt	1 117 000	9 384 000	8 497 000	4 921 000
Total Equity and Debt	5 663 000	58 379 000	52 588 000	46 852 000

Financial indicators	2022	2021	2020	2019
Return on Equity	86,92 %	125,07 %	5 834,15 %	−0,55 %
Debt-to-Equity Ratio	3,37	33,8	−1 076,37	16,84
Operating Profit Margin	51,37 %	53,37 %	−311,79 %	-
Current Ratio	0,85	0,88	0,16	1,59
Quick Ratio	0,85	0,88	0,16	1,59
Equity Ratio	0,18	0,02	−0	0,05
Gross Profit Margin	88,41 %	78,7 %	−163,01 %	-