SETERFOSSEN KRAFTVERK AS

7896 BREKKVASSELV

Finances

Share Ownership

Return on Equity

58,26 %

Current Ratio

0,64

Debt-to-Equity Ratio

−7,66

Key figures (NOK)	2022	2021	2020	2019
Revenue	79 000	60 000	0	0
Net Income	−3 801 000	−2 374 000	−374 000	0
Total Assets	44 951 000	44 402 000	25 260 000	24 000
Total Equity	−6 524 000	−2 723 000	−349 000	24 000

Income (NOK)	2022	2021	2020
Revenue	79 000	60 000	0
Expenditure	1 673 000	1 386 000	201 000
Operating Profit	−1 594 000	−1 326 000	−201 000
Financial Income	4 000	1 000	0
Financial Costs	2 210 000	1 049 000	173 000
Financial Balance	−2 206 000	−1 048 000	−173 000
Earnings Before Tax	−3 801 000	−2 374 000	−374 000
Tax	0	0	0
Net Income	−3 801 000	−2 374 000	−374 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	44 009 000	38 423 000	14 829 000	0
Total Current Assets	941 000	5 979 000	10 431 000	24 000
Total Assets	44 951 000	44 402 000	25 260 000	24 000
Total Retained Equity	−6 554 000	−2 753 000	−379 000	0
Total Equity	−6 524 000	−2 723 000	−349 000	24 000
Total Long-Term Debt	50 000 000	0	0	0
Total Current Debt	1 475 000	47 126 000	25 609 000	0
Total Equity and Debt	44 951 000	44 402 000	25 260 000	24 000

Cash flow (NOK)	2022	2021	2020
Sales Income	79 000	60 000	0
Other Income	0	0	0
Revenue	79 000	60 000	0
Cost of Goods Sold	0	60 000	0
Salary Costs	0	0	0
Depreciation	1 169 000	1 169 000	35 000
Impairment	0	0	0
Expenditure	1 673 000	1 386 000	201 000
Operating Profit	−1 594 000	−1 326 000	−201 000
Financial Income	4 000	1 000	0
Financial Costs	2 210 000	1 049 000	173 000
Financial Balance	−2 206 000	−1 048 000	−173 000
Dividends	0	0	0
Net Income	−3 801 000	−2 374 000	−374 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	19 160 000	25 253 000	14 563 000	0
Machinery and Plant Facilities	17 949 000	12 965 000	0	0
Fixtures	173 000	205 000	265 000	0
Total Tangible Assets	50 736 000	38 423 000	14 829 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	44 009 000	38 423 000	14 829 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 000	2 000	4 000	24 000
Total Current Assets	941 000	5 979 000	10 431 000	24 000
Total Assets	44 951 000	44 402 000	25 260 000	24 000
Total Equity	−6 524 000	−2 723 000	−349 000	24 000
Short-Term Group Debt	285 000	0	0	0
Total Long-Term Debt	50 000 000	0	0	0
Creditors	626 000	182 000	378 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	564 000	0	0	0
Total Current Debt	1 475 000	47 126 000	25 609 000	0
Total Equity and Debt	44 951 000	44 402 000	25 260 000	24 000

Financial indicators	2022	2021	2020	2019
Return on Equity	58,26 %	87,18 %	107,16 %	0 %
Debt-to-Equity Ratio	−7,66	−0	−0	0
Operating Profit Margin	−2 017,72 %	−2 210 %	-	-
Current Ratio	0,64	0,13	0,41	-
Quick Ratio	0,64	0,13	0,41	-
Equity Ratio	−0,15	−0,06	−0,01	1
Gross Profit Margin	100 %	0 %	-	-