KVINNHERAD ENERGI AS

5470 ROSENDAL

Finances

Return on Equity

91,73 %

Current Ratio

2,29

Debt-to-Equity Ratio

0,95

Key figures (NOK)	2022	2021	2020	2019
Revenue	57 062 000	14 745 000	46 674 000	222 548 000
Net Income	38 151 000	2 290 000	3 459 000	9 277 000
Total Assets	105 904 000	61 288 000	121 163 000	127 975 000
Total Equity	41 591 000	14 440 000	24 173 000	21 811 000

Income (NOK)	2022	2021	2020	2019
Revenue	57 062 000	14 745 000	46 674 000	222 548 000
Expenditure	9 775 000	10 147 000	40 721 000	206 911 000
Operating Profit	47 287 000	4 597 000	5 952 000	15 637 000
Financial Income	2 543 000	58 000	234 000	800 000
Financial Costs	880 000	668 000	1 816 000	4 626 000
Financial Balance	1 663 000	−610 000	−1 582 000	−3 826 000
Earnings Before Tax	48 951 000	3 987 000	4 370 000	11 811 000
Tax	10 800 000	1 697 000	912 000	2 533 000
Net Income	38 151 000	2 290 000	3 459 000	9 277 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	49 324 000	50 865 000	108 436 000	111 555 000
Total Current Assets	56 580 000	10 424 000	12 727 000	16 421 000
Total Assets	105 904 000	61 288 000	121 163 000	127 975 000
Total Retained Equity	38 951 000	11 800 000	17 100 000	15 575 000
Total Equity	41 591 000	14 440 000	24 173 000	21 811 000
Total Long-Term Debt	39 613 000	42 275 000	85 723 000	90 008 000
Total Current Debt	24 700 000	4 573 000	11 266 000	16 156 000
Total Equity and Debt	105 904 000	61 288 000	121 163 000	127 975 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	57 062 000	14 745 000	4 529 000	173 135 000
Other Income	0	0	42 144 000	49 413 000
Revenue	57 062 000	14 745 000	46 674 000	222 548 000
Cost of Goods Sold	438 000	538 000	9 321 000	141 768 000
Salary Costs	1 062 000	1 014 000	10 082 000	29 539 000
Depreciation	1 804 000	1 804 000	8 901 000	15 715 000
Impairment	0	0	3 000	0
Expenditure	9 775 000	10 147 000	40 721 000	206 911 000
Operating Profit	47 287 000	4 597 000	5 952 000	15 637 000
Financial Income	2 543 000	58 000	234 000	800 000
Financial Costs	880 000	668 000	1 816 000	4 626 000
Financial Balance	1 663 000	−610 000	−1 582 000	−3 826 000
Dividends	11 000 000	0	300 000	300 000
Net Income	38 151 000	2 290 000	3 459 000	9 277 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 938 000	4 674 000	4 398 000	3 973 000
Real Eastate	34 158 000	35 946 000	97 055 000	99 176 000
Machinery and Plant Facilities	0	0	5 965 000	7 291 000
Fixtures	28 000	45 000	745 000	842 000
Total Tangible Assets	34 187 000	35 991 000	103 766 000	107 310 000
Total Fiancial Fixed Assets	10 200 000	10 200 000	272 000	272 000
Total Fixed Assets	49 324 000	50 865 000	108 436 000	111 555 000
Stock	0	0	0	362 000
Total Investments	4 947 000	0	0	0
Cash, Bank	47 529 000	8 051 000	11 191 000	10 013 000
Total Current Assets	56 580 000	10 424 000	12 727 000	16 421 000
Total Assets	105 904 000	61 288 000	121 163 000	127 975 000
Total Equity	41 591 000	14 440 000	24 173 000	21 811 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	39 613 000	42 275 000	85 723 000	90 008 000
Creditors	910 000	510 000	4 493 000	4 674 000
Unpaid Taxes	788 000	1 675 000	1 723 000	3 143 000
Dividends	11 000 000	0	300 000	300 000
Other Current Debt	937 000	416 000	4 749 000	7 389 000
Total Current Debt	24 700 000	4 573 000	11 266 000	16 156 000
Total Equity and Debt	105 904 000	61 288 000	121 163 000	127 975 000

Financial indicators	2022	2021	2020	2019
Return on Equity	91,73 %	15,86 %	14,31 %	42,53 %
Debt-to-Equity Ratio	0,95	2,93	3,55	4,13
Operating Profit Margin	82,87 %	31,18 %	12,75 %	7,03 %
Current Ratio	2,29	2,28	1,13	1,02
Quick Ratio	2,29	2,28	1,13	1,04
Equity Ratio	0,39	0,24	0,2	0,17
Gross Profit Margin	99,23 %	96,35 %	80,03 %	36,3 %