VERINGSÅE KRAFT AS

5590 ETNE

Finances

Share Ownership

Return on Equity

87,73 %

Current Ratio

3,54

Debt-to-Equity Ratio

54,55

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 446 000	0	0	0
Net Income	515 000	−9 000	−23 000	0
Total Assets	34 909 000	72 000	81 000	104 000
Total Equity	587 000	72 000	81 000	104 000

Income (NOK)	2022	2021	2020
Revenue	1 446 000	0	0
Expenditure	208 000	9 000	23 000
Operating Profit	1 239 000	−9 000	−23 000
Financial Income	0	0	0
Financial Costs	590 000	0	0
Financial Balance	−590 000	0	0
Earnings Before Tax	649 000	−9 000	−23 000
Tax	135 000	0	0
Net Income	515 000	−9 000	−23 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	26 758 000	0	0	15 000
Total Current Assets	8 151 000	72 000	81 000	90 000
Total Assets	34 909 000	72 000	81 000	104 000
Total Retained Equity	483 000	−32 000	−23 000	0
Total Equity	587 000	72 000	81 000	104 000
Total Long-Term Debt	32 020 000	0	0	0
Total Current Debt	2 303 000	0	0	0
Total Equity and Debt	34 909 000	72 000	81 000	104 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 446 000	0	0
Other Income	0	0	0
Revenue	1 446 000	0	0
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	24 000	0	0
Impairment	0	0	0
Expenditure	208 000	9 000	23 000
Operating Profit	1 239 000	−9 000	−23 000
Financial Income	0	0	0
Financial Costs	590 000	0	0
Financial Balance	−590 000	0	0
Dividends	0	0	0
Net Income	515 000	−9 000	−23 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	26 758 000	0	0	15 000
Fixtures	0	0	0	0
Total Tangible Assets	26 758 000	0	0	15 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	26 758 000	0	0	15 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 260 000	72 000	81 000	90 000
Total Current Assets	8 151 000	72 000	81 000	90 000
Total Assets	34 909 000	72 000	81 000	104 000
Total Equity	587 000	72 000	81 000	104 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	32 020 000	0	0	0
Creditors	1 807 000	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	381 000	0	0	0
Total Current Debt	2 303 000	0	0	0
Total Equity and Debt	34 909 000	72 000	81 000	104 000

Financial indicators	2022	2021	2020	2019
Return on Equity	87,73 %	−12,5 %	−28,4 %	0 %
Debt-to-Equity Ratio	54,55	0	0	0
Operating Profit Margin	85,68 %	-	-	-
Current Ratio	3,54	-	-	-
Quick Ratio	3,54	-	-	-
Equity Ratio	0,02	1	1	1
Gross Profit Margin	100 %	-	-	-