VÆLA KRAFT AS

7590 TYDAL

Finances

Share Ownership

Return on Equity

110,57 %

Current Ratio

9,65

Debt-to-Equity Ratio

−23,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	487 000	674 000	274 000	1 004 000
Net Income	−858 000	−717 000	−943 000	−442 000
Total Assets	17 165 000	17 523 000	16 952 000	17 937 000
Total Equity	−776 000	82 000	799 000	1 742 000

Income (NOK)	2022	2021	2020	2019
Revenue	487 000	674 000	274 000	1 004 000
Expenditure	952 000	978 000	901 000	998 000
Operating Profit	−466 000	−304 000	−627 000	7 000
Financial Income	12 000	2 000	3 000	11 000
Financial Costs	646 000	617 000	586 000	583 000
Financial Balance	−634 000	−615 000	−583 000	−572 000
Earnings Before Tax	−1 100 000	−919 000	−1 209 000	−566 000
Tax	−242 000	−202 000	−266 000	−125 000
Net Income	−858 000	−717 000	−943 000	−442 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 412 000	16 633 000	16 734 000	16 823 000
Total Current Assets	753 000	891 000	217 000	1 114 000
Total Assets	17 165 000	17 523 000	16 952 000	17 937 000
Total Retained Equity	−4 520 000	−3 661 000	−2 945 000	−2 001 000
Total Equity	−776 000	82 000	799 000	1 742 000
Total Long-Term Debt	17 863 000	17 217 000	16 100 000	16 066 000
Total Current Debt	78 000	224 000	52 000	129 000
Total Equity and Debt	17 165 000	17 523 000	16 952 000	17 937 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	487 000	674 000	274 000	1 004 000
Other Income	0	0	0	0
Revenue	487 000	674 000	274 000	1 004 000
Cost of Goods Sold	83 000	117 000	66 000	127 000
Salary Costs	0	0	0	0
Depreciation	463 000	458 000	457 000	457 000
Impairment	0	0	0	0
Expenditure	952 000	978 000	901 000	998 000
Operating Profit	−466 000	−304 000	−627 000	7 000
Financial Income	12 000	2 000	3 000	11 000
Financial Costs	646 000	617 000	586 000	583 000
Financial Balance	−634 000	−615 000	−583 000	−572 000
Dividends	0	0	0	0
Net Income	−858 000	−717 000	−943 000	−442 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 275 000	1 033 000	831 000	564 000
Real Eastate	0	0	102 000	16 259 000
Machinery and Plant Facilities	15 137 000	15 600 000	15 802 000	0
Fixtures	0	0	0	0
Total Tangible Assets	15 137 000	15 600 000	15 904 000	16 259 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	16 412 000	16 633 000	16 734 000	16 823 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	743 000	795 000	163 000	1 041 000
Total Current Assets	753 000	891 000	217 000	1 114 000
Total Assets	17 165 000	17 523 000	16 952 000	17 937 000
Total Equity	−776 000	82 000	799 000	1 742 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	17 863 000	17 217 000	16 100 000	16 066 000
Creditors	25 000	156 000	35 000	59 000
Unpaid Taxes	0	8 000	0	10 000
Dividends	0	0	0	0
Other Current Debt	53 000	61 000	17 000	60 000
Total Current Debt	78 000	224 000	52 000	129 000
Total Equity and Debt	17 165 000	17 523 000	16 952 000	17 937 000

Financial indicators	2022	2021	2020	2019
Return on Equity	110,57 %	−874,39 %	−118,02 %	−25,37 %
Debt-to-Equity Ratio	−23,02	209,96	20,15	9,22
Operating Profit Margin	−95,69 %	−45,1 %	−228,83 %	0,7 %
Current Ratio	9,65	3,98	4,17	8,64
Quick Ratio	9,65	3,98	4,17	8,64
Equity Ratio	−0,05	0	0,05	0,1
Gross Profit Margin	82,96 %	82,64 %	75,91 %	87,35 %