POWER FARMING HOLDING AS

8404 SORTLAND

Finances

Return on Equity

1,82 %

Current Ratio

0,29

Debt-to-Equity Ratio

4,51

Key figures (NOK)	2022	2021	2020	2019
Revenue	630 000	647 000	7 000	14 000
Net Income	22 000	28 000	−4 000	0
Total Assets	7 629 000	7 552 000	7 052 000	40 000
Total Equity	1 210 000	1 214 000	1 185 000	19 000

Income (NOK)	2022	2021	2020	2019
Revenue	630 000	647 000	7 000	14 000
Expenditure	347 000	434 000	105 000	15 000
Operating Profit	282 000	213 000	−98 000	−2 000
Financial Income	0	0	246 000	0
Financial Costs	254 000	177 000	153 000	0
Financial Balance	−254 000	−177 000	93 000	0
Earnings Before Tax	28 000	36 000	−5 000	−2 000
Tax	6 000	8 000	−1 000	−2 000
Net Income	22 000	28 000	−4 000	0

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 349 000	7 408 000	6 793 000	2 000
Total Current Assets	279 000	144 000	259 000	38 000
Total Assets	7 629 000	7 552 000	7 052 000	40 000
Total Retained Equity	10 000	14 000	−4 000	0
Total Equity	1 210 000	1 214 000	1 185 000	19 000
Total Long-Term Debt	5 460 000	5 720 000	4 620 000	0
Total Current Debt	958 000	618 000	1 247 000	21 000
Total Equity and Debt	7 629 000	7 552 000	7 052 000	40 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	630 000	647 000	7 000	14 000
Revenue	630 000	647 000	7 000	14 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	32 000	0	0
Depreciation	144 000	121 000	0	0
Impairment	0	0	0	0
Expenditure	347 000	434 000	105 000	15 000
Operating Profit	282 000	213 000	−98 000	−2 000
Financial Income	0	0	246 000	0
Financial Costs	254 000	177 000	153 000	0
Financial Balance	−254 000	−177 000	93 000	0
Dividends	0	0	0	0
Net Income	22 000	28 000	−4 000	0

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	3 000	2 000
Real Eastate	6 813 000	6 854 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	53 000	70 000	0	0
Total Tangible Assets	6 866 000	6 925 000	0	0
Total Fiancial Fixed Assets	484 000	484 000	6 790 000	0
Total Fixed Assets	7 349 000	7 408 000	6 793 000	2 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	18 000	39 000	0	24 000
Total Current Assets	279 000	144 000	259 000	38 000
Total Assets	7 629 000	7 552 000	7 052 000	40 000
Total Equity	1 210 000	1 214 000	1 185 000	19 000
Short-Term Group Debt	435 000	0	526 000	0
Total Long-Term Debt	5 460 000	5 720 000	4 620 000	0
Creditors	36 000	62 000	6 000	9 000
Unpaid Taxes	20 000	13 000	0	0
Dividends	0	0	0	0
Other Current Debt	448 000	523 000	715 000	12 000
Total Current Debt	958 000	618 000	1 247 000	21 000
Total Equity and Debt	7 629 000	7 552 000	7 052 000	40 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,82 %	2,31 %	−0,34 %	0 %
Debt-to-Equity Ratio	4,51	4,71	3,9	0
Operating Profit Margin	44,76 %	32,92 %	−1 400 %	−14,29 %
Current Ratio	0,29	0,23	0,21	1,81
Quick Ratio	0,29	0,23	0,21	1,81
Equity Ratio	0,16	0,16	0,17	0,48
Gross Profit Margin	100 %	100 %	100 %	100 %