ØVRE STORELVI KRAFT AS

6878 VEITASTROND

Finances

Share Ownership

Return on Equity

27,02 %

Current Ratio

0,5

Debt-to-Equity Ratio

14,96

Key figures (EUR)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	87 000	−109 000	−22 000	−4 000
Total Assets	6 061 000	26 609 000	3 170 000	1 671 000
Total Equity	322 000	539 000	65 000	31 000

Income (EUR)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	6 000	141 000	29 000	6 000
Operating Profit	−6 000	−141 000	−29 000	−6 000
Financial Income	91 000	1 000	2 000	1 000
Financial Costs	0	0	0	0
Financial Balance	91 000	1 000	2 000	1 000
Earnings Before Tax	85 000	−140 000	−28 000	−5 000
Tax	−2 000	−31 000	−6 000	−1 000
Net Income	87 000	−109 000	−22 000	−4 000

Balance (EUR)	2022	2021	2020	2019
Total Fixed Assets	5 597 000	24 269 000	2 822 000	1 018 000
Total Current Assets	464 000	2 339 000	348 000	653 000
Total Assets	6 061 000	26 609 000	3 170 000	1 671 000
Total Retained Equity	74 000	−135 000	−25 000	−4 000
Total Equity	322 000	539 000	65 000	31 000
Total Long-Term Debt	4 817 000	24 519 000	2 072 000	0
Total Current Debt	921 000	1 550 000	1 033 000	1 639 000
Total Equity and Debt	6 061 000	26 609 000	3 170 000	1 671 000

Cash flow (EUR)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	6 000	141 000	29 000	6 000
Operating Profit	−6 000	−141 000	−29 000	−6 000
Financial Income	91 000	1 000	2 000	1 000
Financial Costs	0	0	0	0
Financial Balance	91 000	1 000	2 000	1 000
Dividends	0	0	0	0
Net Income	87 000	−109 000	−22 000	−4 000

Balance details (EUR)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	2 822 000	0
Machinery and Plant Facilities	5 597 000	24 269 000	0	1 018 000
Fixtures	0	0	0	0
Total Tangible Assets	5 597 000	24 269 000	2 822 000	1 018 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 597 000	24 269 000	2 822 000	1 018 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	9 000	541 000	165 000	631 000
Total Current Assets	464 000	2 339 000	348 000	653 000
Total Assets	6 061 000	26 609 000	3 170 000	1 671 000
Total Equity	322 000	539 000	65 000	31 000
Short-Term Group Debt	11 000	945 000	686 000	1 016 000
Total Long-Term Debt	4 817 000	24 519 000	2 072 000	0
Creditors	811 000	601 000	345 000	624 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	99 000	4 000	2 000	0
Total Current Debt	921 000	1 550 000	1 033 000	1 639 000
Total Equity and Debt	6 061 000	26 609 000	3 170 000	1 671 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,02 %	−20,22 %	−33,85 %	−12,9 %
Debt-to-Equity Ratio	14,96	45,49	31,88	0
Operating Profit Margin	-	-	-	-
Current Ratio	0,5	1,51	0,34	0,4
Quick Ratio	0,5	1,51	0,34	0,4
Equity Ratio	0,05	0,02	0,02	0,02
Gross Profit Margin	-	-	-	-