GRØNDALSELVA KRAFT AS

5763 SKARE

Finances

Share Ownership

Return on Equity

56,58 %

Current Ratio

1,07

Debt-to-Equity Ratio

0,56

Key figures (NOK)	2022	2021	2020	2019
Revenue	21 584 000	71 000	0	0
Net Income	14 213 000	−34 000	−36 000	−8 000
Total Assets	45 293 000	42 422 000	16 043 000	490 000
Total Equity	25 121 000	10 908 000	10 941 000	478 000

Income (NOK)	2022	2021	2020	2019
Revenue	21 584 000	71 000	0	0
Expenditure	2 258 000	55 000	47 000	15 000
Operating Profit	19 326 000	16 000	−47 000	−15 000
Financial Income	48 000	0	0	0
Financial Costs	1 152 000	59 000	0	0
Financial Balance	−1 104 000	−59 000	0	0
Earnings Before Tax	18 222 000	−43 000	−47 000	−15 000
Tax	4 009 000	−9 000	−10 000	−7 000
Net Income	14 213 000	−34 000	−36 000	−8 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	38 898 000	37 357 000	14 245 000	332 000
Total Current Assets	6 396 000	5 065 000	1 798 000	158 000
Total Assets	45 293 000	42 422 000	16 043 000	490 000
Total Retained Equity	14 136 000	−78 000	−44 000	−8 000
Total Equity	25 121 000	10 908 000	10 941 000	478 000
Total Long-Term Debt	14 182 000	28 200 000	4 645 000	0
Total Current Debt	5 990 000	3 314 000	458 000	12 000
Total Equity and Debt	45 293 000	42 422 000	16 043 000	490 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	20 567 000	71 000	0	0
Other Income	1 016 000	0	0	0
Revenue	21 584 000	71 000	0	0
Cost of Goods Sold	212 000	0	0	0
Salary Costs	283 000	0	0	0
Depreciation	632 000	0	0	0
Impairment	0	0	0	0
Expenditure	2 258 000	55 000	47 000	15 000
Operating Profit	19 326 000	16 000	−47 000	−15 000
Financial Income	48 000	0	0	0
Financial Costs	1 152 000	59 000	0	0
Financial Balance	−1 104 000	−59 000	0	0
Dividends	0	0	0	0
Net Income	14 213 000	−34 000	−36 000	−8 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	27 000	17 000	7 000
Real Eastate	24 384 000	37 093 000	14 228 000	325 000
Machinery and Plant Facilities	9 700 000	0	0	0
Fixtures	239 000	237 000	0	0
Total Tangible Assets	38 898 000	37 330 000	14 228 000	325 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	38 898 000	37 357 000	14 245 000	332 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	6 110 000	4 135 000	297 000	158 000
Total Current Assets	6 396 000	5 065 000	1 798 000	158 000
Total Assets	45 293 000	42 422 000	16 043 000	490 000
Total Equity	25 121 000	10 908 000	10 941 000	478 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	14 182 000	28 200 000	4 645 000	0
Creditors	751 000	3 255 000	458 000	6 000
Unpaid Taxes	743 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	696 000	59 000	0	6 000
Total Current Debt	5 990 000	3 314 000	458 000	12 000
Total Equity and Debt	45 293 000	42 422 000	16 043 000	490 000

Financial indicators	2022	2021	2020	2019
Return on Equity	56,58 %	−0,31 %	−0,33 %	−1,67 %
Debt-to-Equity Ratio	0,56	2,59	0,42	0
Operating Profit Margin	89,54 %	22,54 %	-	-
Current Ratio	1,07	1,53	3,93	13,17
Quick Ratio	1,07	1,53	3,93	13,17
Equity Ratio	0,55	0,26	0,68	0,98
Gross Profit Margin	99,02 %	100 %	-	-