ELECTRIC FARM AS

5760 RØLDAL

Finances

Share Ownership

Return on Equity

11,02 %

Current Ratio

8,19

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	159 000	237 000	272 000
Net Income	14 000	44 000	44 000
Total Assets	143 000	185 000	126 000
Total Equity	127 000	113 000	68 000

Income (NOK)	2022	2021	2020
Revenue	159 000	237 000	272 000
Expenditure	140 000	181 000	215 000
Operating Profit	19 000	57 000	56 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	19 000	57 000	56 000
Tax	5 000	12 000	12 000
Net Income	14 000	44 000	44 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	12 000	0	0
Total Current Assets	131 000	185 000	126 000
Total Assets	143 000	185 000	126 000
Total Retained Equity	97 000	88 000	44 000
Total Equity	127 000	113 000	68 000
Total Long-Term Debt	0	0	0
Total Current Debt	16 000	73 000	58 000
Total Equity and Debt	143 000	185 000	126 000

Cash flow (NOK)	2022	2021	2020
Sales Income	159 000	237 000	272 000
Other Income	0	0	0
Revenue	159 000	237 000	272 000
Cost of Goods Sold	0	2 000	1 000
Salary Costs	104 000	84 000	136 000
Depreciation	3 000	0	0
Impairment	0	0	0
Expenditure	140 000	181 000	215 000
Operating Profit	19 000	57 000	56 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	0	0	0
Net Income	14 000	44 000	44 000

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	12 000	0	0
Total Tangible Assets	12 000	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	12 000	0	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	128 000	185 000	126 000
Total Current Assets	131 000	185 000	126 000
Total Assets	143 000	185 000	126 000
Total Equity	127 000	113 000	68 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	0	9 000	4 000
Unpaid Taxes	0	43 000	26 000
Dividends	0	0	0
Other Current Debt	12 000	9 000	15 000
Total Current Debt	16 000	73 000	58 000
Total Equity and Debt	143 000	185 000	126 000

Financial indicators	2022	2021	2020
Return on Equity	11,02 %	38,94 %	64,71 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	11,95 %	24,05 %	20,59 %
Current Ratio	8,19	2,53	2,17
Quick Ratio	8,19	2,53	2,17
Equity Ratio	0,89	0,61	0,54
Gross Profit Margin	100 %	99,16 %	99,63 %