SVARDØLA KRAFT AS

6878 VEITASTROND

Finances

Share Ownership

Return on Equity

96,93 %

Current Ratio

0,86

Debt-to-Equity Ratio

5,31

Key figures (EUR)	2022	2021	2020	2019
Revenue	5 747 000	22 610 000	1 467 000	9 578 000
Net Income	1 546 000	7 803 000	−7 050 000	425 000
Total Assets	13 625 000	119 778 000	117 944 000	118 227 000
Total Equity	1 595 000	511 000	−3 926 000	2 021 000

Income (EUR)	2022	2021	2020	2019
Revenue	5 747 000	22 610 000	1 467 000	9 578 000
Expenditure	3 491 000	7 805 000	5 196 000	4 786 000
Operating Profit	2 257 000	14 805 000	−3 729 000	4 791 000
Financial Income	169 000	7 000	7 000	166 000
Financial Costs	491 000	4 808 000	5 316 000	4 412 000
Financial Balance	−322 000	−4 801 000	−5 309 000	−4 246 000
Earnings Before Tax	1 935 000	10 004 000	−9 038 000	545 000
Tax	389 000	2 201 000	−1 988 000	120 000
Net Income	1 546 000	7 803 000	−7 050 000	425 000

Balance (EUR)	2022	2021	2020	2019
Total Fixed Assets	10 550 000	111 845 000	115 598 000	116 378 000
Total Current Assets	3 075 000	7 933 000	2 345 000	1 850 000
Total Assets	13 625 000	119 778 000	117 944 000	118 227 000
Total Retained Equity	985 000	−5 808 000	−10 245 000	−3 195 000
Total Equity	1 595 000	511 000	−3 926 000	2 021 000
Total Long-Term Debt	8 463 000	110 007 000	120 900 000	108 750 000
Total Current Debt	3 567 000	9 260 000	969 000	7 457 000
Total Equity and Debt	13 625 000	119 778 000	117 944 000	118 227 000

Cash flow (EUR)	2022	2021	2020	2019
Sales Income	5 747 000	22 610 000	1 467 000	9 476 000
Other Income	0	0	0	102 000
Revenue	5 747 000	22 610 000	1 467 000	9 578 000
Cost of Goods Sold	673 000	1 933 000	731 000	75 000
Salary Costs	0	0	0	0
Depreciation	258 000	2 781 000	2 775 000	2 036 000
Impairment	0	0	0	0
Expenditure	3 491 000	7 805 000	5 196 000	4 786 000
Operating Profit	2 257 000	14 805 000	−3 729 000	4 791 000
Financial Income	169 000	7 000	7 000	166 000
Financial Costs	491 000	4 808 000	5 316 000	4 412 000
Financial Balance	−322 000	−4 801 000	−5 309 000	−4 246 000
Dividends	0	0	0	0
Net Income	1 546 000	7 803 000	−7 050 000	425 000

Balance details (EUR)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	1 000	1 116 000	1 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	10 550 000	111 843 000	114 482 000	116 376 000
Fixtures	0	0	0	0
Total Tangible Assets	10 550 000	111 843 000	114 482 000	116 376 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	10 550 000	111 845 000	115 598 000	116 378 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 908 000	6 489 000	338 000	1 230 000
Total Current Assets	3 075 000	7 933 000	2 345 000	1 850 000
Total Assets	13 625 000	119 778 000	117 944 000	118 227 000
Total Equity	1 595 000	511 000	−3 926 000	2 021 000
Short-Term Group Debt	0	4 332 000	238 000	4 361 000
Total Long-Term Debt	8 463 000	110 007 000	120 900 000	108 750 000
Creditors	156 000	1 406 000	0	973 000
Unpaid Taxes	0	0	37 000	0
Dividends	0	0	0	0
Other Current Debt	3 022 000	3 522 000	694 000	1 721 000
Total Current Debt	3 567 000	9 260 000	969 000	7 457 000
Total Equity and Debt	13 625 000	119 778 000	117 944 000	118 227 000

Financial indicators	2022	2021	2020	2019
Return on Equity	96,93 %	1 527,01 %	179,57 %	21,03 %
Debt-to-Equity Ratio	5,31	215,28	−30,79	53,81
Operating Profit Margin	39,27 %	65,48 %	−254,19 %	50,02 %
Current Ratio	0,86	0,86	2,42	0,25
Quick Ratio	0,86	0,86	2,42	0,25
Equity Ratio	0,12	0	−0,03	0,02
Gross Profit Margin	88,29 %	91,45 %	50,17 %	99,22 %