INDRE HORDALAND KRAFTNETT AS

5780 KINSARVIK

Finances

Return on Equity

6,15 %

Current Ratio

1,44

Debt-to-Equity Ratio

1,09

Key figures (NOK)	2022	2021	2020	2019
Revenue	109 680 000	80 830 000	73 775 000	68 577 000
Net Income	8 993 000	6 884 000	15 800 000	8 778 000
Total Assets	365 026 000	363 491 000	356 951 000	259 456 000
Total Equity	146 302 000	142 309 000	140 426 000	117 921 000

Income (NOK)	2022	2021	2020	2019
Revenue	109 680 000	80 830 000	73 775 000	68 577 000
Expenditure	93 880 000	70 447 000	51 949 000	56 153 000
Operating Profit	15 799 000	10 384 000	21 827 000	12 423 000
Financial Income	507 000	299 000	271 000	191 000
Financial Costs	4 751 000	1 840 000	1 839 000	1 358 000
Financial Balance	−4 244 000	−1 541 000	−1 568 000	−1 167 000
Earnings Before Tax	11 555 000	8 843 000	20 258 000	11 257 000
Tax	2 562 000	1 959 000	4 458 000	2 479 000
Net Income	8 993 000	6 884 000	15 800 000	8 778 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	280 167 000	279 596 000	274 772 000	201 402 000
Total Current Assets	84 859 000	83 896 000	82 179 000	58 054 000
Total Assets	365 026 000	363 491 000	356 951 000	259 456 000
Total Retained Equity	24 544 000	20 550 000	18 667 000	7 546 000
Total Equity	146 302 000	142 309 000	140 426 000	117 921 000
Total Long-Term Debt	159 695 000	166 456 000	168 418 000	97 977 000
Total Current Debt	59 029 000	54 726 000	48 107 000	43 558 000
Total Equity and Debt	365 026 000	363 491 000	356 951 000	259 456 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	100 620 000	70 713 000	66 514 000	61 234 000
Other Income	9 060 000	10 118 000	7 262 000	7 344 000
Revenue	109 680 000	80 830 000	73 775 000	68 577 000
Cost of Goods Sold	42 039 000	23 663 000	14 144 000	17 374 000
Salary Costs	15 068 000	12 804 000	7 907 000	9 420 000
Depreciation	11 763 000	11 119 000	9 229 000	8 358 000
Impairment	140 000	0	246 000	109 000
Expenditure	93 880 000	70 447 000	51 949 000	56 153 000
Operating Profit	15 799 000	10 384 000	21 827 000	12 423 000
Financial Income	507 000	299 000	271 000	191 000
Financial Costs	4 751 000	1 840 000	1 839 000	1 358 000
Financial Balance	−4 244 000	−1 541 000	−1 568 000	−1 167 000
Dividends	5 000 000	5 000 000	0	4 500 000
Net Income	8 993 000	6 884 000	15 800 000	8 778 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	236 523 000	237 512 000	232 817 000	165 200 000
Machinery and Plant Facilities	29 385 000	30 647 000	31 425 000	30 427 000
Fixtures	7 812 000	5 034 000	4 606 000	4 018 000
Total Tangible Assets	273 720 000	273 192 000	268 848 000	199 645 000
Total Fiancial Fixed Assets	6 447 000	6 403 000	5 924 000	1 756 000
Total Fixed Assets	280 167 000	279 596 000	274 772 000	201 402 000
Stock	973 000	825 000	731 000	1 194 000
Total Investments	0	0	0	0
Cash, Bank	1 328 000	1 295 000	1 438 000	1 266 000
Total Current Assets	84 859 000	83 896 000	82 179 000	58 054 000
Total Assets	365 026 000	363 491 000	356 951 000	259 456 000
Total Equity	146 302 000	142 309 000	140 426 000	117 921 000
Short-Term Group Debt	17 290 000	25 975 000	22 248 000	13 980 000
Total Long-Term Debt	159 695 000	166 456 000	168 418 000	97 977 000
Creditors	20 609 000	10 097 000	12 697 000	13 536 000
Unpaid Taxes	7 433 000	8 626 000	8 377 000	8 416 000
Dividends	5 000 000	5 000 000	0	4 500 000
Other Current Debt	5 729 000	4 789 000	4 784 000	3 089 000
Total Current Debt	59 029 000	54 726 000	48 107 000	43 558 000
Total Equity and Debt	365 026 000	363 491 000	356 951 000	259 456 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,15 %	4,84 %	11,25 %	7,44 %
Debt-to-Equity Ratio	1,09	1,17	1,2	0,83
Operating Profit Margin	14,4 %	12,85 %	29,59 %	18,12 %
Current Ratio	1,44	1,53	1,71	1,33
Quick Ratio	1,46	1,56	1,73	1,37
Equity Ratio	0,4	0,39	0,39	0,45
Gross Profit Margin	61,67 %	70,72 %	80,83 %	74,66 %