FINNÅS KRAFTLAG AS

5430 BREMNES

Finances

Return on Equity

−12,75 %

Current Ratio

0,98

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020
Revenue	270 621 000	160 613 000	73 473 000
Net Income	−10 038 000	7 735 000	4 294 000
Total Assets	160 488 000	151 099 000	117 805 000
Total Equity	78 709 000	95 141 000	96 800 000

Income (NOK)	2022	2021	2020
Revenue	270 621 000	160 613 000	73 473 000
Expenditure	278 546 000	150 744 000	67 977 000
Operating Profit	−7 925 000	9 869 000	5 451 000
Financial Income	677 000	49 000	57 000
Financial Costs	1 560 000	1 000	0
Financial Balance	−883 000	48 000	57 000
Earnings Before Tax	−8 808 000	9 917 000	5 508 000
Tax	1 230 000	2 182 000	1 213 000
Net Income	−10 038 000	7 735 000	4 294 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	83 416 000	87 441 000	89 341 000
Total Current Assets	77 072 000	63 658 000	28 464 000
Total Assets	160 488 000	151 099 000	117 805 000
Total Retained Equity	0	0	0
Total Equity	78 709 000	95 141 000	96 800 000
Total Long-Term Debt	3 131 000	3 318 000	3 746 000
Total Current Debt	78 648 000	52 641 000	17 259 000
Total Equity and Debt	160 488 000	151 099 000	117 805 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	270 621 000	160 613 000	73 473 000
Revenue	270 621 000	160 613 000	73 473 000
Cost of Goods Sold	246 941 000	126 056 000	44 317 000
Salary Costs	6 888 000	3 399 000	3 472 000
Depreciation	10 723 000	11 030 000	10 914 000
Impairment	0	0	0
Expenditure	278 546 000	150 744 000	67 977 000
Operating Profit	−7 925 000	9 869 000	5 451 000
Financial Income	677 000	49 000	57 000
Financial Costs	1 560 000	1 000	0
Financial Balance	−883 000	48 000	57 000
Dividends	0	0	0
Net Income	−10 038 000	7 735 000	4 294 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	840 000	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	79 360 000	83 871 000	86 890 000
Fixtures	1 621 000	2 498 000	1 402 000
Total Tangible Assets	80 981 000	86 369 000	88 292 000
Total Fiancial Fixed Assets	1 595 000	1 072 000	1 049 000
Total Fixed Assets	83 416 000	87 441 000	89 341 000
Stock	1 509 000	1 419 000	999 000
Total Investments	0	0	0
Cash, Bank	4 207 000	1 361 000	649 000
Total Current Assets	77 072 000	63 658 000	28 464 000
Total Assets	160 488 000	151 099 000	117 805 000
Total Equity	78 709 000	95 141 000	96 800 000
Short-Term Group Debt	49 498 000	32 520 000	0
Total Long-Term Debt	3 131 000	3 318 000	3 746 000
Creditors	3 384 000	3 424 000	5 435 000
Unpaid Taxes	466 000	395 000	410 000
Dividends	0	0	0
Other Current Debt	25 300 000	16 302 000	11 414 000
Total Current Debt	78 648 000	52 641 000	17 259 000
Total Equity and Debt	160 488 000	151 099 000	117 805 000

Financial indicators	2022	2021	2020
Return on Equity	−12,75 %	8,13 %	4,44 %
Debt-to-Equity Ratio	0,04	0,03	0,04
Operating Profit Margin	−2,93 %	6,14 %	7,42 %
Current Ratio	0,98	1,21	1,65
Quick Ratio	1	1,24	1,75
Equity Ratio	0,49	0,63	0,82
Gross Profit Margin	8,75 %	21,52 %	39,68 %