FINNDØLA KRAFTVERK DA

3915 PORSGRUNN

Finances

Share Ownership

Return on Equity

−3,39 %

Current Ratio

0,94

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 265 000	18 665 000	16 157 000	14 037 000
Net Income	−3 995 000	−4 072 000	−3 743 000	−3 571 000
Total Assets	155 820 000	134 144 000	110 087 000	109 636 000
Total Equity	117 683 000	100 311 000	96 943 000	97 429 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 265 000	18 665 000	16 157 000	14 037 000
Expenditure	17 492 000	22 769 000	19 933 000	17 640 000
Operating Profit	−4 227 000	−4 104 000	−3 775 000	−3 604 000
Financial Income	234 000	32 000	33 000	51 000
Financial Costs	2 000	0	1 000	19 000
Financial Balance	232 000	32 000	32 000	32 000
Earnings Before Tax	−3 995 000	−4 072 000	−3 743 000	−3 571 000
Tax	0	0	0	0
Net Income	−3 995 000	−4 072 000	−3 743 000	−3 571 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	120 224 000	102 600 000	99 847 000	99 030 000
Total Current Assets	35 596 000	31 544 000	10 240 000	10 606 000
Total Assets	155 820 000	134 144 000	110 087 000	109 636 000
Total Retained Equity	0	0	0	0
Total Equity	117 683 000	100 311 000	96 943 000	97 429 000
Total Long-Term Debt	291 000	0	1 073 000	9 000
Total Current Debt	37 846 000	33 833 000	12 071 000	12 198 000
Total Equity and Debt	155 820 000	134 144 000	110 087 000	109 636 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 297 000	15 857 000	13 959 000	12 383 000
Other Income	3 968 000	2 808 000	2 198 000	1 654 000
Revenue	13 265 000	18 665 000	16 157 000	14 037 000
Cost of Goods Sold	−3 218 000	3 115 000	4 327 000	4 151 000
Salary Costs	3 316 000	3 414 000	3 437 000	3 919 000
Depreciation	3 995 000	4 072 000	3 743 000	3 571 000
Impairment	0	0	0	0
Expenditure	17 492 000	22 769 000	19 933 000	17 640 000
Operating Profit	−4 227 000	−4 104 000	−3 775 000	−3 604 000
Financial Income	234 000	32 000	33 000	51 000
Financial Costs	2 000	0	1 000	19 000
Financial Balance	232 000	32 000	32 000	32 000
Dividends	0	0	0	0
Net Income	−3 995 000	−4 072 000	−3 743 000	−3 571 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	38 450 000	38 450 000	38 450 000	38 450 000
Machinery and Plant Facilities	81 003 000	62 303 000	52 247 000	55 863 000
Fixtures	771 000	1 821 000	9 150 000	4 717 000
Total Tangible Assets	120 224 000	102 574 000	99 847 000	99 030 000
Total Fiancial Fixed Assets	0	26 000	0	0
Total Fixed Assets	120 224 000	102 600 000	99 847 000	99 030 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	8 260 000	5 178 000	5 155 000	2 282 000
Total Current Assets	35 596 000	31 544 000	10 240 000	10 606 000
Total Assets	155 820 000	134 144 000	110 087 000	109 636 000
Total Equity	117 683 000	100 311 000	96 943 000	97 429 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	291 000	0	1 073 000	9 000
Creditors	13 006 000	6 949 000	7 492 000	2 263 000
Unpaid Taxes	24 188 000	23 982 000	1 446 000	6 115 000
Dividends	0	0	0	0
Other Current Debt	652 000	2 902 000	3 134 000	3 820 000
Total Current Debt	37 846 000	33 833 000	12 071 000	12 198 000
Total Equity and Debt	155 820 000	134 144 000	110 087 000	109 636 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,39 %	−4,06 %	−3,86 %	−3,67 %
Debt-to-Equity Ratio	0	0	0,01	0
Operating Profit Margin	−31,87 %	−21,99 %	−23,36 %	−25,68 %
Current Ratio	0,94	0,93	0,85	0,87
Quick Ratio	0,94	0,93	0,85	0,87
Equity Ratio	0,76	0,75	0,88	0,89
Gross Profit Margin	124,26 %	83,31 %	73,22 %	70,43 %