KVAM KRAFTVERK AS

5600 NORHEIMSUND

Finances

Return on Equity

59,25 %

Current Ratio

1,53

Debt-to-Equity Ratio

1,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	357 842 000	151 725 000	46 025 000	145 966 000
Net Income	47 950 000	11 961 000	3 618 000	10 171 000
Total Assets	265 100 000	199 013 000	258 007 000	323 458 000
Total Equity	80 925 000	43 475 000	36 340 000	128 400 000

Income (NOK)	2022	2021	2020	2019
Revenue	357 842 000	151 725 000	46 025 000	145 966 000
Expenditure	294 223 000	134 296 000	39 978 000	126 245 000
Operating Profit	63 619 000	17 429 000	6 047 000	19 722 000
Financial Income	1 027 000	67 000	1 648 000	293 000
Financial Costs	3 151 000	2 176 000	3 024 000	6 293 000
Financial Balance	−2 124 000	−2 109 000	−1 376 000	−6 000 000
Earnings Before Tax	61 494 000	15 320 000	4 670 000	13 722 000
Tax	13 545 000	3 360 000	1 052 000	3 552 000
Net Income	47 950 000	11 961 000	3 618 000	10 171 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	126 916 000	130 624 000	133 301 000	278 934 000
Total Current Assets	138 184 000	68 389 000	124 706 000	44 524 000
Total Assets	265 100 000	199 013 000	258 007 000	323 458 000
Total Retained Equity	63 595 000	26 146 000	19 011 000	98 400 000
Total Equity	80 925 000	43 475 000	36 340 000	128 400 000
Total Long-Term Debt	93 962 000	97 951 000	123 193 000	121 198 000
Total Current Debt	90 213 000	57 588 000	98 473 000	73 859 000
Total Equity and Debt	265 100 000	199 013 000	258 007 000	323 458 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	333 106 000	135 599 000	36 927 000	133 162 000
Other Income	24 736 000	16 126 000	9 098 000	12 804 000
Revenue	357 842 000	151 725 000	46 025 000	145 966 000
Cost of Goods Sold	272 934 000	113 632 000	23 096 000	70 815 000
Salary Costs	5 377 000	5 966 000	4 380 000	30 066 000
Depreciation	7 115 000	6 455 000	5 042 000	11 038 000
Impairment	0	0	0	0
Expenditure	294 223 000	134 296 000	39 978 000	126 245 000
Operating Profit	63 619 000	17 429 000	6 047 000	19 722 000
Financial Income	1 027 000	67 000	1 648 000	293 000
Financial Costs	3 151 000	2 176 000	3 024 000	6 293 000
Financial Balance	−2 124 000	−2 109 000	−1 376 000	−6 000 000
Dividends	10 500 000	0	0	7 100 000
Net Income	47 950 000	11 961 000	3 618 000	10 171 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	1 650 000
Real Eastate	120 461 000	122 848 000	123 451 000	242 387 000
Machinery and Plant Facilities	1 820 000	2 063 000	2 400 000	25 610 000
Fixtures	880 000	1 569 000	2 219 000	2 543 000
Total Tangible Assets	123 161 000	126 481 000	128 070 000	270 541 000
Total Fiancial Fixed Assets	3 755 000	4 144 000	5 231 000	6 744 000
Total Fixed Assets	126 916 000	130 624 000	133 301 000	278 934 000
Stock	549 000	566 000	698 000	4 135 000
Total Investments	0	0	0	0
Cash, Bank	773 000	753 000	2 372 000	3 331 000
Total Current Assets	138 184 000	68 389 000	124 706 000	44 524 000
Total Assets	265 100 000	199 013 000	258 007 000	323 458 000
Total Equity	80 925 000	43 475 000	36 340 000	128 400 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	93 962 000	97 951 000	123 193 000	121 198 000
Creditors	1 479 000	5 810 000	6 931 000	15 201 000
Unpaid Taxes	322 000	360 000	568 000	12 189 000
Dividends	10 500 000	0	0	7 100 000
Other Current Debt	74 695 000	49 171 000	16 889 000	22 290 000
Total Current Debt	90 213 000	57 588 000	98 473 000	73 859 000
Total Equity and Debt	265 100 000	199 013 000	258 007 000	323 458 000

Financial indicators	2022	2021	2020	2019
Return on Equity	59,25 %	27,51 %	9,96 %	7,92 %
Debt-to-Equity Ratio	1,16	2,25	3,39	0,94
Operating Profit Margin	17,78 %	11,49 %	13,14 %	13,51 %
Current Ratio	1,53	1,19	1,27	0,6
Quick Ratio	1,54	1,2	1,28	0,64
Equity Ratio	0,31	0,22	0,14	0,4
Gross Profit Margin	23,73 %	25,11 %	49,82 %	51,49 %