VEST-TELEMARK KRAFTLAG AS

3891 HØYDALSMO

Finances

Return on Equity

61,78 %

Current Ratio

1,14

Debt-to-Equity Ratio

0,9

Key figures (NOK)	2022	2021	2020	2019
Revenue	509 991 000	274 115 000	190 915 000	289 765 000
Net Income	106 770 000	73 218 000	16 199 000	48 440 000
Total Assets	649 763 000	448 526 000	872 632 000	810 084 000
Total Equity	172 820 000	124 251 000	398 308 000	399 594 000

Income (NOK)	2022	2021	2020	2019
Revenue	509 991 000	274 115 000	190 915 000	289 765 000
Expenditure	248 652 000	120 145 000	162 957 000	200 021 000
Operating Profit	261 339 000	153 970 000	27 958 000	89 744 000
Financial Income	3 203 000	345 000	1 222 000	987 000
Financial Costs	3 906 000	2 209 000	7 506 000	6 936 000
Financial Balance	−703 000	−1 864 000	−6 284 000	−5 949 000
Earnings Before Tax	260 636 000	152 106 000	21 674 000	83 795 000
Tax	153 866 000	78 888 000	5 475 000	35 355 000
Net Income	106 770 000	73 218 000	16 199 000	48 440 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	283 529 000	270 909 000	763 623 000	708 661 000
Total Current Assets	366 234 000	177 617 000	109 009 000	101 423 000
Total Assets	649 763 000	448 526 000	872 632 000	810 084 000
Total Retained Equity	40 080 000	23 311 000	258 308 000	259 594 000
Total Equity	172 820 000	124 251 000	398 308 000	399 594 000
Total Long-Term Debt	156 126 000	152 611 000	315 063 000	253 759 000
Total Current Debt	320 818 000	171 664 000	159 261 000	156 732 000
Total Equity and Debt	649 764 000	448 526 000	872 632 000	810 085 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	481 422 000	254 850 000	172 348 000	271 542 000
Other Income	28 569 000	19 265 000	18 567 000	18 223 000
Revenue	509 991 000	274 115 000	190 915 000	289 765 000
Cost of Goods Sold	180 026 000	73 656 000	41 315 000	78 834 000
Salary Costs	8 514 000	7 995 000	43 158 000	44 765 000
Depreciation	14 359 000	13 789 000	27 285 000	25 218 000
Impairment	0	0	0	0
Expenditure	248 652 000	120 145 000	162 957 000	200 021 000
Operating Profit	261 339 000	153 970 000	27 958 000	89 744 000
Financial Income	3 203 000	345 000	1 222 000	987 000
Financial Costs	3 906 000	2 209 000	7 506 000	6 936 000
Financial Balance	−703 000	−1 864 000	−6 284 000	−5 949 000
Dividends	90 000 000	0	17 500 000	17 500 000
Net Income	106 770 000	73 218 000	16 199 000	48 440 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 350 000	3 350 000	3 350 000	3 350 000
Real Eastate	123 934 000	127 258 000	144 734 000	148 899 000
Machinery and Plant Facilities	144 649 000	136 641 000	597 106 000	538 104 000
Fixtures	437 000	503 000	0	0
Total Tangible Assets	269 020 000	264 402 000	741 840 000	687 003 000
Total Fiancial Fixed Assets	11 159 000	3 157 000	18 433 000	18 308 000
Total Fixed Assets	283 529 000	270 909 000	763 623 000	708 661 000
Stock	685 000	274 000	9 227 000	3 588 000
Total Investments	0	0	0	0
Cash, Bank	76 226 000	1 022 000	1 879 000	4 633 000
Total Current Assets	366 234 000	177 617 000	109 009 000	101 423 000
Total Assets	649 763 000	448 526 000	872 632 000	810 084 000
Total Equity	172 820 000	124 251 000	398 308 000	399 594 000
Short-Term Group Debt	2 952 000	32 261 000	0	0
Total Long-Term Debt	156 126 000	152 611 000	315 063 000	253 759 000
Creditors	40 203 000	35 398 000	13 983 000	17 112 000
Unpaid Taxes	14 508 000	19 819 000	0	0
Dividends	90 000 000	0	17 500 000	17 500 000
Other Current Debt	19 803 000	13 616 000	57 460 000	40 124 000
Total Current Debt	320 818 000	171 664 000	159 261 000	156 732 000
Total Equity and Debt	649 764 000	448 526 000	872 632 000	810 085 000

Financial indicators	2022	2021	2020	2019
Return on Equity	61,78 %	58,93 %	4,07 %	12,12 %
Debt-to-Equity Ratio	0,9	1,23	0,79	0,64
Operating Profit Margin	51,24 %	56,17 %	14,64 %	30,97 %
Current Ratio	1,14	1,03	0,68	0,65
Quick Ratio	1,14	1,04	0,73	0,66
Equity Ratio	0,27	0,28	0,46	0,49
Gross Profit Margin	64,7 %	73,13 %	78,36 %	72,79 %