KUVELDA KRAFT AS

6887 LÆRDAL

Finances

Share Ownership

Return on Equity

21,12 %

Current Ratio

1,13

Debt-to-Equity Ratio

1,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	53 471 000	3 363 000	0	0
Net Income	21 628 000	1 045 000	−252 000	0
Total Assets	261 693 000	199 489 000	88 707 000	3 000 000
Total Equity	102 411 000	80 782 000	79 738 000	2 990 000

Income (NOK)	2022	2021	2020
Revenue	53 471 000	3 363 000	0
Expenditure	23 560 000	2 085 000	311 000
Operating Profit	29 910 000	1 279 000	−311 000
Financial Income	531 000	9 000	59 000
Financial Costs	2 692 000	19 000	0
Financial Balance	−2 161 000	−10 000	59 000
Earnings Before Tax	27 749 000	1 269 000	−252 000
Tax	6 120 000	224 000	0
Net Income	21 628 000	1 045 000	−252 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	214 727 000	187 775 000	57 170 000	0
Total Current Assets	46 965 000	11 715 000	31 537 000	3 000 000
Total Assets	261 693 000	199 489 000	88 707 000	3 000 000
Total Retained Equity	22 421 000	793 000	−252 000	0
Total Equity	102 411 000	80 782 000	79 738 000	2 990 000
Total Long-Term Debt	117 565 000	110 779 000	0	0
Total Current Debt	41 717 000	7 928 000	8 970 000	11 000
Total Equity and Debt	261 693 000	199 489 000	88 707 000	3 000 000

Cash flow (NOK)	2022	2021	2020
Sales Income	53 471 000	3 363 000	0
Other Income	0	0	0
Revenue	53 471 000	3 363 000	0
Cost of Goods Sold	3 677 000	469 000	0
Salary Costs	0	0	0
Depreciation	2 374 000	585 000	0
Impairment	0	0	0
Expenditure	23 560 000	2 085 000	311 000
Operating Profit	29 910 000	1 279 000	−311 000
Financial Income	531 000	9 000	59 000
Financial Costs	2 692 000	19 000	0
Financial Balance	−2 161 000	−10 000	59 000
Dividends	0	0	0
Net Income	21 628 000	1 045 000	−252 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	77 532 000	137 709 000	57 170 000	0
Machinery and Plant Facilities	137 195 000	50 066 000	0	0
Fixtures	0	0	0	0
Total Tangible Assets	214 727 000	187 775 000	57 170 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	214 727 000	187 775 000	57 170 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	40 847 000	4 159 000	29 840 000	1 000 000
Total Current Assets	46 965 000	11 715 000	31 537 000	3 000 000
Total Assets	261 693 000	199 489 000	88 707 000	3 000 000
Total Equity	102 411 000	80 782 000	79 738 000	2 990 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	117 565 000	110 779 000	0	0
Creditors	20 111 000	3 331 000	4 083 000	6 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	16 077 000	4 597 000	4 886 000	5 000
Total Current Debt	41 717 000	7 928 000	8 970 000	11 000
Total Equity and Debt	261 693 000	199 489 000	88 707 000	3 000 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,12 %	1,29 %	−0,32 %	0 %
Debt-to-Equity Ratio	1,15	1,37	0	0
Operating Profit Margin	55,94 %	38,03 %	-	-
Current Ratio	1,13	1,48	3,52	272,73
Quick Ratio	1,13	1,48	3,52	272,73
Equity Ratio	0,39	0,4	0,9	1
Gross Profit Margin	93,12 %	86,05 %	-	-