ÅRDAL KRAFTLAG AS

6884 ØVRE ÅRDAL

Finances

Return on Equity

199,52 %

Current Ratio

1,45

Debt-to-Equity Ratio

0,29

Key figures (NOK)	2022	2021	2020	2019
Revenue	122 028 000	73 933 000	31 869 000	42 983 000
Net Income	40 462 000	10 337 000	−1 144 000	9 484 000
Total Assets	79 147 000	49 423 000	40 491 000	35 828 000
Total Equity	20 280 000	21 563 000	26 345 000	27 489 000

Income (NOK)	2022	2021	2020	2019
Revenue	122 028 000	73 933 000	31 869 000	42 983 000
Expenditure	72 175 000	60 681 000	33 363 000	31 819 000
Operating Profit	49 853 000	13 253 000	−1 495 000	11 164 000
Financial Income	412 000	0	47 000	809 000
Financial Costs	6 000	0	18 000	0
Financial Balance	406 000	0	29 000	809 000
Earnings Before Tax	50 258 000	13 253 000	−1 466 000	11 974 000
Tax	9 797 000	2 916 000	−323 000	2 490 000
Net Income	40 462 000	10 337 000	−1 144 000	9 484 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 526 000	10 736 000	10 195 000	10 199 000
Total Current Assets	76 621 000	38 687 000	30 297 000	25 629 000
Total Assets	79 147 000	49 423 000	40 491 000	35 828 000
Total Retained Equity	6 979 000	345 000	5 127 000	6 271 000
Total Equity	20 280 000	21 563 000	26 345 000	27 489 000
Total Long-Term Debt	5 948 000	0	0	0
Total Current Debt	52 919 000	27 860 000	14 146 000	8 339 000
Total Equity and Debt	79 147 000	49 423 000	40 491 000	35 828 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	117 898 000	70 213 000	28 336 000	40 771 000
Other Income	4 130 000	3 720 000	3 533 000	2 212 000
Revenue	122 028 000	73 933 000	31 869 000	42 983 000
Cost of Goods Sold	63 351 000	51 999 000	25 538 000	23 699 000
Salary Costs	4 588 000	5 054 000	4 805 000	3 326 000
Depreciation	46 000	28 000	0	0
Impairment	0	0	0	0
Expenditure	72 175 000	60 681 000	33 363 000	31 819 000
Operating Profit	49 853 000	13 253 000	−1 495 000	11 164 000
Financial Income	412 000	0	47 000	809 000
Financial Costs	6 000	0	18 000	0
Financial Balance	406 000	0	29 000	809 000
Dividends	35 000 000	9 620 000	0	3 213 000
Net Income	40 462 000	10 337 000	−1 144 000	9 484 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 308 000	1 000	21 000	17 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	262 000	209 000	0	0
Fixtures	321 000	313 000	0	0
Total Tangible Assets	583 000	522 000	0	0
Total Fiancial Fixed Assets	635 000	10 213 000	10 174 000	10 182 000
Total Fixed Assets	2 526 000	10 736 000	10 195 000	10 199 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	25 550 000	9 676 000	18 633 000	7 137 000
Total Current Assets	76 621 000	38 687 000	30 297 000	25 629 000
Total Assets	79 147 000	49 423 000	40 491 000	35 828 000
Total Equity	20 280 000	21 563 000	26 345 000	27 489 000
Short-Term Group Debt	1 299 000	5 808 000	0	0
Total Long-Term Debt	5 948 000	0	0	0
Creditors	2 914 000	8 140 000	13 453 000	3 172 000
Unpaid Taxes	2 468 000	1 242 000	216 000	1 101 000
Dividends	35 000 000	9 620 000	0	3 213 000
Other Current Debt	420 000	463 000	477 000	1 559 000
Total Current Debt	52 919 000	27 860 000	14 146 000	8 339 000
Total Equity and Debt	79 147 000	49 423 000	40 491 000	35 828 000

Financial indicators	2022	2021	2020	2019
Return on Equity	199,52 %	47,94 %	−4,34 %	34,5 %
Debt-to-Equity Ratio	0,29	0	0	0
Operating Profit Margin	40,85 %	17,93 %	−4,69 %	25,97 %
Current Ratio	1,45	1,39	2,14	3,07
Quick Ratio	1,45	1,39	2,14	3,07
Equity Ratio	0,26	0,44	0,65	0,77
Gross Profit Margin	48,08 %	29,67 %	19,87 %	44,86 %