ØRTFJELL KRAFT AS

8630 STORFORSHEIA

Finances

Share Ownership

Return on Equity

−6,8 %

Current Ratio

2,06

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020
Revenue	85 000	90 000	89 000
Net Income	−48 000	8 000	−32 000
Total Assets	880 000	922 000	940 000
Total Equity	706 000	746 000	738 000

Income (NOK)	2022	2021	2020
Revenue	85 000	90 000	89 000
Expenditure	95 000	86 000	121 000
Operating Profit	−10 000	5 000	−32 000
Financial Income	0	5 000	0
Financial Costs	0	0	0
Financial Balance	0	5 000	0
Earnings Before Tax	−10 000	10 000	−32 000
Tax	38 000	1 000	0
Net Income	−48 000	8 000	−32 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	577 000	587 000	597 000
Total Current Assets	303 000	335 000	343 000
Total Assets	880 000	922 000	940 000
Total Retained Equity	676 000	746 000	708 000
Total Equity	706 000	746 000	738 000
Total Long-Term Debt	27 000	0	0
Total Current Debt	147 000	176 000	202 000
Total Equity and Debt	880 000	922 000	940 000

Cash flow (NOK)	2022	2021	2020
Sales Income	41 000	52 000	41 000
Other Income	44 000	38 000	48 000
Revenue	85 000	90 000	89 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	10 000	10 000	15 000
Impairment	0	0	0
Expenditure	95 000	86 000	121 000
Operating Profit	−10 000	5 000	−32 000
Financial Income	0	5 000	0
Financial Costs	0	0	0
Financial Balance	0	5 000	0
Dividends	0	0	0
Net Income	−48 000	8 000	−32 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	577 000	587 000	597 000
Total Tangible Assets	577 000	587 000	597 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	577 000	587 000	597 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	270 000	330 000	339 000
Total Current Assets	303 000	335 000	343 000
Total Assets	880 000	922 000	940 000
Total Equity	706 000	746 000	738 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	27 000	0	0
Creditors	2 000	0	13 000
Unpaid Taxes	0	3 000	0
Dividends	0	0	0
Other Current Debt	141 000	19 000	−2 000
Total Current Debt	147 000	176 000	202 000
Total Equity and Debt	880 000	922 000	940 000

Financial indicators	2022	2021	2020
Return on Equity	−6,8 %	1,07 %	−4,34 %
Debt-to-Equity Ratio	0,04	0	0
Operating Profit Margin	−11,76 %	5,56 %	−35,96 %
Current Ratio	2,06	1,9	1,7
Quick Ratio	2,06	1,9	1,7
Equity Ratio	0,8	0,81	0,79
Gross Profit Margin	100 %	100 %	100 %