KVENNHUSÅI KRAFTVERK AS

3840 SELJORD

Finances

Return on Equity

89,72 %

Current Ratio

1,95

Debt-to-Equity Ratio

1,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 369 000	1 867 000	211 000	1 157 000
Net Income	2 347 000	623 000	−386 000	245 000
Total Assets	7 649 000	4 617 000	3 950 000	4 283 000
Total Equity	2 616 000	869 000	246 000	632 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 369 000	1 867 000	211 000	1 157 000
Expenditure	2 208 000	933 000	543 000	703 000
Operating Profit	3 161 000	933 000	−331 000	454 000
Financial Income	1 000	0	0	0
Financial Costs	131 000	145 000	150 000	149 000
Financial Balance	−130 000	−145 000	−150 000	−149 000
Earnings Before Tax	3 031 000	788 000	−481 000	306 000
Tax	684 000	166 000	−95 000	61 000
Net Income	2 347 000	623 000	−386 000	245 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 560 000	3 826 000	3 823 000	4 043 000
Total Current Assets	4 089 000	791 000	127 000	240 000
Total Assets	7 649 000	4 617 000	3 950 000	4 283 000
Total Retained Equity	2 516 000	769 000	146 000	532 000
Total Equity	2 616 000	869 000	246 000	632 000
Total Long-Term Debt	2 940 000	3 207 000	3 246 000	3 417 000
Total Current Debt	2 092 000	541 000	457 000	233 000
Total Equity and Debt	7 649 000	4 617 000	3 950 000	4 283 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 358 000	1 867 000	211 000	1 055 000
Other Income	1 011 000	0	0	102 000
Revenue	5 369 000	1 867 000	211 000	1 157 000
Cost of Goods Sold	11 000	−21 000	33 000	12 000
Salary Costs	656 000	217 000	94 000	184 000
Depreciation	265 000	225 000	220 000	170 000
Impairment	0	0	0	0
Expenditure	2 208 000	933 000	543 000	703 000
Operating Profit	3 161 000	933 000	−331 000	454 000
Financial Income	1 000	0	0	0
Financial Costs	131 000	145 000	150 000	149 000
Financial Balance	−130 000	−145 000	−150 000	−149 000
Dividends	600 000	0	0	0
Net Income	2 347 000	623 000	−386 000	245 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 892 000	2 983 000	3 074 000	3 165 000
Machinery and Plant Facilities	306 000	325 000	344 000	363 000
Fixtures	352 000	507 000	395 000	505 000
Total Tangible Assets	3 550 000	3 815 000	3 813 000	4 032 000
Total Fiancial Fixed Assets	10 000	10 000	10 000	10 000
Total Fixed Assets	3 560 000	3 826 000	3 823 000	4 043 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 627 000	601 000	2 000	155 000
Total Current Assets	4 089 000	791 000	127 000	240 000
Total Assets	7 649 000	4 617 000	3 950 000	4 283 000
Total Equity	2 616 000	869 000	246 000	632 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 940 000	3 207 000	3 246 000	3 417 000
Creditors	85 000	41 000	19 000	2 000
Unpaid Taxes	216 000	79 000	6 000	9 000
Dividends	600 000	0	0	0
Other Current Debt	508 000	257 000	186 000	170 000
Total Current Debt	2 092 000	541 000	457 000	233 000
Total Equity and Debt	7 649 000	4 617 000	3 950 000	4 283 000

Financial indicators	2022	2021	2020	2019
Return on Equity	89,72 %	71,69 %	−156,91 %	38,77 %
Debt-to-Equity Ratio	1,12	3,69	13,2	5,41
Operating Profit Margin	58,88 %	49,97 %	−156,87 %	39,24 %
Current Ratio	1,95	1,46	0,28	1,03
Quick Ratio	1,95	1,46	0,28	1,03
Equity Ratio	0,34	0,19	0,06	0,15
Gross Profit Margin	99,8 %	101,12 %	84,36 %	98,96 %