FINNÅS KRAFTLAG SA

5430 BREMNES

Finances

Return on Equity

4,53 %

Current Ratio

0,78

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 627 000	14 469 000	16 672 000	178 539 000
Net Income	44 120 000	35 968 000	34 377 000	36 529 000
Total Assets	1 063 518 000	1 033 905 000	1 030 185 000	1 046 958 000
Total Equity	974 185 000	945 825 000	925 382 000	904 966 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 627 000	14 469 000	16 672 000	178 539 000
Expenditure	14 869 000	13 947 000	16 186 000	165 174 000
Operating Profit	−242 000	522 000	487 000	13 366 000
Financial Income	48 538 000	36 731 000	35 510 000	27 395 000
Financial Costs	4 305 000	702 000	1 014 000	1 721 000
Financial Balance	44 233 000	36 029 000	34 496 000	25 674 000
Earnings Before Tax	43 991 000	36 551 000	34 983 000	39 039 000
Tax	−128 000	582 000	606 000	2 511 000
Net Income	44 120 000	35 968 000	34 377 000	36 529 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	995 590 000	993 065 000	993 303 000	974 066 000
Total Current Assets	67 928 000	40 840 000	36 882 000	72 892 000
Total Assets	1 063 518 000	1 033 905 000	1 030 185 000	1 046 958 000
Total Retained Equity	972 979 000	944 693 000	924 320 000	903 904 000
Total Equity	974 185 000	945 825 000	925 382 000	904 966 000
Total Long-Term Debt	1 705 000	1 491 000	634 000	7 562 000
Total Current Debt	87 627 000	86 589 000	104 170 000	134 430 000
Total Equity and Debt	1 063 518 000	1 033 905 000	1 030 185 000	1 046 958 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	174 196 000
Other Income	14 627 000	14 469 000	16 672 000	4 343 000
Revenue	14 627 000	14 469 000	16 672 000	178 539 000
Cost of Goods Sold	0	0	0	101 469 000
Salary Costs	8 709 000	7 061 000	6 216 000	27 158 000
Depreciation	210 000	219 000	209 000	19 374 000
Impairment	0	0	0	0
Expenditure	14 869 000	13 947 000	16 186 000	165 174 000
Operating Profit	−242 000	522 000	487 000	13 366 000
Financial Income	48 538 000	36 731 000	35 510 000	27 395 000
Financial Costs	4 305 000	702 000	1 014 000	1 721 000
Financial Balance	44 233 000	36 029 000	34 496 000	25 674 000
Dividends	0	0	0	10 000 000
Net Income	44 120 000	35 968 000	34 377 000	36 529 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 417 000	1 720 000	1 815 000	15 000
Real Eastate	3 952 000	4 014 000	4 076 000	321 704 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	282 000	430 000	550 000	4 314 000
Total Tangible Assets	4 234 000	4 444 000	4 627 000	326 018 000
Total Fiancial Fixed Assets	986 939 000	986 901 000	986 861 000	648 033 000
Total Fixed Assets	995 590 000	993 065 000	993 303 000	974 066 000
Stock	0	0	0	1 765 000
Total Investments	19 813 000	21 550 000	19 961 000	18 996 000
Cash, Bank	551 000	503 000	1 792 000	2 216 000
Total Current Assets	67 928 000	40 840 000	36 882 000	72 892 000
Total Assets	1 063 518 000	1 033 905 000	1 030 185 000	1 046 958 000
Total Equity	974 185 000	945 825 000	925 382 000	904 966 000
Short-Term Group Debt	0	0	11 233 000	0
Total Long-Term Debt	1 705 000	1 491 000	634 000	7 562 000
Creditors	484 000	576 000	594 000	9 227 000
Unpaid Taxes	4 975 000	679 000	2 616 000	11 162 000
Dividends	0	0	0	10 000 000
Other Current Debt	28 696 000	25 377 000	24 065 000	32 331 000
Total Current Debt	87 627 000	86 589 000	104 170 000	134 430 000
Total Equity and Debt	1 063 518 000	1 033 905 000	1 030 185 000	1 046 958 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,53 %	3,8 %	3,71 %	4,04 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	−1,65 %	3,61 %	2,92 %	7,49 %
Current Ratio	0,78	0,47	0,35	0,54
Quick Ratio	0,78	0,47	0,35	0,55
Equity Ratio	0,92	0,91	0,9	0,86
Gross Profit Margin	100 %	100 %	100 %	43,17 %