SØRFJORD KRAFT AS

9311 BRØSTADBOTN

Finances

Share Ownership

Return on Equity

1,88 %

Current Ratio

12,13

Debt-to-Equity Ratio

−1,26

Key figures (NOK)	2022	2021	2020	2019
Revenue	703 000	876 000	250 000	892 000
Net Income	−371 000	118 000	−315 000	11 000
Total Assets	5 280 000	5 398 000	5 298 000	5 549 000
Total Equity	−19 763 000	−19 763 000	−19 881 000	−19 881 000

Income (NOK)	2022	2021	2020	2019
Revenue	703 000	876 000	250 000	892 000
Expenditure	998 000	584 000	566 000	774 000
Operating Profit	−295 000	292 000	−316 000	119 000
Financial Income	10 000	3 000	8 000	16 000
Financial Costs	190 000	144 000	95 000	121 000
Financial Balance	−180 000	−141 000	−87 000	−105 000
Earnings Before Tax	−476 000	152 000	−403 000	14 000
Tax	−105 000	33 000	−89 000	3 000
Net Income	−371 000	118 000	−315 000	11 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 140 000	4 297 000	4 513 000	4 242 000
Total Current Assets	1 140 000	1 101 000	785 000	1 308 000
Total Assets	5 280 000	5 398 000	5 298 000	5 549 000
Total Retained Equity	−20 263 000	−20 263 000	−20 381 000	−20 381 000
Total Equity	−19 763 000	−19 763 000	−19 881 000	−19 881 000
Total Long-Term Debt	24 949 000	24 949 000	24 949 000	24 949 000
Total Current Debt	94 000	213 000	230 000	482 000
Total Equity and Debt	5 280 000	5 398 000	5 298 000	5 549 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	617 000	794 000	169 000	813 000
Other Income	85 000	83 000	81 000	79 000
Revenue	703 000	876 000	250 000	892 000
Cost of Goods Sold	41 000	52 000	17 000	31 000
Salary Costs	0	0	0	0
Depreciation	157 000	182 000	212 000	160 000
Impairment	0	0	0	0
Expenditure	998 000	584 000	566 000	774 000
Operating Profit	−295 000	292 000	−316 000	119 000
Financial Income	10 000	3 000	8 000	16 000
Financial Costs	190 000	144 000	95 000	121 000
Financial Balance	−180 000	−141 000	−87 000	−105 000
Dividends	0	0	0	0
Net Income	−371 000	118 000	−315 000	11 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 356 000	2 356 000	2 389 000	2 389 000
Real Eastate	1 784 000	1 941 000	2 123 000	1 853 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 784 000	1 941 000	2 123 000	1 853 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 140 000	4 297 000	4 513 000	4 242 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	671 000	654 000	417 000	1 366 000
Total Current Assets	1 140 000	1 101 000	785 000	1 308 000
Total Assets	5 280 000	5 398 000	5 298 000	5 549 000
Total Equity	−19 763 000	−19 763 000	−19 881 000	−19 881 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	24 949 000	24 949 000	24 949 000	24 949 000
Creditors	25 000	199 000	230 000	478 000
Unpaid Taxes	70 000	14 000	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	4 000
Total Current Debt	94 000	213 000	230 000	482 000
Total Equity and Debt	5 280 000	5 398 000	5 298 000	5 549 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,88 %	−0,6 %	1,58 %	−0,06 %
Debt-to-Equity Ratio	−1,26	−1,26	−1,25	−1,25
Operating Profit Margin	−41,96 %	33,33 %	−126,4 %	13,34 %
Current Ratio	12,13	5,17	3,41	2,71
Quick Ratio	12,13	5,17	3,41	2,71
Equity Ratio	−3,74	−3,66	−3,75	−3,58
Gross Profit Margin	94,17 %	94,06 %	93,2 %	96,52 %