POWER FARMING AS

8404 SORTLAND

Finances

Share Ownership

Return on Equity

−3,1 %

Current Ratio

0,9

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 381 000	6 349 000	5 357 000	4 506 000
Net Income	−14 000	288 000	−257 000	54 000
Total Assets	2 330 000	1 350 000	1 465 000	1 574 000
Total Equity	451 000	439 000	152 000	409 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 381 000	6 349 000	5 357 000	4 506 000
Expenditure	10 382 000	5 979 000	5 632 000	4 427 000
Operating Profit	−1 000	370 000	−339 000	78 000
Financial Income	2 000	6 000	17 000	0
Financial Costs	19 000	7 000	8 000	7 000
Financial Balance	−17 000	−1 000	9 000	−7 000
Earnings Before Tax	−18 000	369 000	−329 000	72 000
Tax	−4 000	81 000	−72 000	17 000
Net Income	−14 000	288 000	−257 000	54 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	643 000	196 000	401 000	88 000
Total Current Assets	1 686 000	1 154 000	1 064 000	1 487 000
Total Assets	2 330 000	1 350 000	1 465 000	1 574 000
Total Retained Equity	325 000	339 000	52 000	309 000
Total Equity	451 000	439 000	152 000	409 000
Total Long-Term Debt	15 000	15 000	648 000	0
Total Current Debt	1 863 000	895 000	665 000	1 166 000
Total Equity and Debt	2 330 000	1 350 000	1 465 000	1 574 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 235 000	6 288 000	5 303 000	4 486 000
Other Income	146 000	61 000	54 000	20 000
Revenue	10 381 000	6 349 000	5 357 000	4 506 000
Cost of Goods Sold	7 126 000	2 987 000	2 230 000	1 931 000
Salary Costs	1 465 000	1 542 000	1 829 000	1 261 000
Depreciation	6 000	4 000	4 000	5 000
Impairment	0	0	0	0
Expenditure	10 382 000	5 979 000	5 632 000	4 427 000
Operating Profit	−1 000	370 000	−339 000	78 000
Financial Income	2 000	6 000	17 000	0
Financial Costs	19 000	7 000	8 000	7 000
Financial Balance	−17 000	−1 000	9 000	−7 000
Dividends	0	0	0	0
Net Income	−14 000	288 000	−257 000	54 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	76 000	79 000	160 000	88 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	33 000	14 000	18 000	0
Fixtures	0	0	0	0
Total Tangible Assets	33 000	14 000	18 000	0
Total Fiancial Fixed Assets	534 000	103 000	222 000	0
Total Fixed Assets	643 000	196 000	401 000	88 000
Stock	535 000	430 000	238 000	302 000
Total Investments	0	0	0	0
Cash, Bank	130 000	169 000	409 000	669 000
Total Current Assets	1 686 000	1 154 000	1 064 000	1 487 000
Total Assets	2 330 000	1 350 000	1 465 000	1 574 000
Total Equity	451 000	439 000	152 000	409 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	15 000	15 000	648 000	0
Creditors	1 438 000	522 000	327 000	219 000
Unpaid Taxes	185 000	71 000	151 000	164 000
Dividends	0	0	0	0
Other Current Debt	240 000	303 000	187 000	783 000
Total Current Debt	1 863 000	895 000	665 000	1 166 000
Total Equity and Debt	2 330 000	1 350 000	1 465 000	1 574 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,1 %	65,6 %	−169,08 %	13,2 %
Debt-to-Equity Ratio	0,03	0,03	4,26	0
Operating Profit Margin	−0,01 %	5,83 %	−6,33 %	1,73 %
Current Ratio	0,9	1,29	1,6	1,28
Quick Ratio	1,27	2,48	2,49	1,72
Equity Ratio	0,19	0,33	0,1	0,26
Gross Profit Margin	31,36 %	52,95 %	58,37 %	57,15 %