SØKKUNDA KRAFTVERK AS

2480 KOPPANG

Finances

Share Ownership

Return on Equity

90,55 %

Current Ratio

12,5

Debt-to-Equity Ratio

−49,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	33 840 000	16 716 000	2 683 000	12 284 000
Net Income	−1 533 000	1 755 000	−2 323 000	2 507 000
Total Assets	83 456 000	87 838 000	87 845 000	64 126 000
Total Equity	−1 693 000	−160 000	−1 915 000	408 000

Income (NOK)	2022	2021	2020	2019
Revenue	33 840 000	16 716 000	2 683 000	12 284 000
Expenditure	6 453 000	5 115 000	3 551 000	6 561 000
Operating Profit	27 387 000	11 601 000	−867 000	5 722 000
Financial Income	942 000	598 000	0	0
Financial Costs	30 294 000	9 950 000	2 111 000	2 835 000
Financial Balance	−29 352 000	−9 352 000	−2 111 000	−2 835 000
Earnings Before Tax	−1 965 000	2 250 000	−2 978 000	2 888 000
Tax	−432 000	495 000	−655 000	381 000
Net Income	−1 533 000	1 755 000	−2 323 000	2 507 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	58 137 000	59 785 000	61 549 000	63 038 000
Total Current Assets	25 319 000	28 052 000	26 296 000	1 089 000
Total Assets	83 456 000	87 838 000	87 845 000	64 126 000
Total Retained Equity	−1 723 000	−190 000	−1 945 000	378 000
Total Equity	−1 693 000	−160 000	−1 915 000	408 000
Total Long-Term Debt	83 125 000	86 292 000	89 458 000	62 397 000
Total Current Debt	2 025 000	1 706 000	302 000	1 321 000
Total Equity and Debt	83 456 000	87 838 000	87 845 000	64 126 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	33 840 000	16 716 000	2 683 000	12 284 000
Other Income	0	0	0	0
Revenue	33 840 000	16 716 000	2 683 000	12 284 000
Cost of Goods Sold	0	0	0	600 000
Salary Costs	0	0	0	0
Depreciation	2 080 000	2 071 000	2 025 000	2 026 000
Impairment	0	0	0	0
Expenditure	6 453 000	5 115 000	3 551 000	6 561 000
Operating Profit	27 387 000	11 601 000	−867 000	5 722 000
Financial Income	942 000	598 000	0	0
Financial Costs	30 294 000	9 950 000	2 111 000	2 835 000
Financial Balance	−29 352 000	−9 352 000	−2 111 000	−2 835 000
Dividends	0	0	0	0
Net Income	−1 533 000	1 755 000	−2 323 000	2 507 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	474 000	41 000	536 000	0
Real Eastate	44 386 000	45 913 000	47 441 000	48 969 000
Machinery and Plant Facilities	11 742 000	12 078 000	12 414 000	12 751 000
Fixtures	1 536 000	1 752 000	1 157 000	1 318 000
Total Tangible Assets	57 663 000	59 744 000	61 013 000	63 038 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	58 137 000	59 785 000	61 549 000	63 038 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	7 000	8 000	2 000	65 000
Total Current Assets	25 319 000	28 052 000	26 296 000	1 089 000
Total Assets	83 456 000	87 838 000	87 845 000	64 126 000
Total Equity	−1 693 000	−160 000	−1 915 000	408 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	83 125 000	86 292 000	89 458 000	62 397 000
Creditors	66 000	236 000	142 000	131 000
Unpaid Taxes	1 759 000	1 352 000	56 000	0
Dividends	0	0	0	0
Other Current Debt	200 000	117 000	104 000	0
Total Current Debt	2 025 000	1 706 000	302 000	1 321 000
Total Equity and Debt	83 456 000	87 838 000	87 845 000	64 126 000

Financial indicators	2022	2021	2020	2019
Return on Equity	90,55 %	−1 096,88 %	121,31 %	614,46 %
Debt-to-Equity Ratio	−49,1	−539,33	−46,71	152,93
Operating Profit Margin	80,93 %	69,4 %	−32,31 %	46,58 %
Current Ratio	12,5	16,44	87,07	0,82
Quick Ratio	12,5	16,44	87,07	0,82
Equity Ratio	−0,02	−0	−0,02	0,01
Gross Profit Margin	100 %	100 %	100 %	95,12 %