HOFKVERN KRAFTVERK AS

2266 ARNEBERG

Finances

Share Ownership

Return on Equity

1 712,5 %

Current Ratio

0,55

Debt-to-Equity Ratio

−7,63

Key figures (NOK)	2022	2021	2020	2019
Revenue	239 000	180 000	81 000	109 000
Net Income	−137 000	51 000	−10 000	−15 000
Total Assets	131 000	172 000	213 000	233 000
Total Equity	−8 000	129 000	79 000	88 000

Income (NOK)	2022	2021	2020	2019
Revenue	239 000	180 000	81 000	109 000
Expenditure	377 000	115 000	90 000	124 000
Operating Profit	−138 000	64 000	−9 000	−15 000
Financial Income	1 000	1 000	0	0
Financial Costs	0	0	0	0
Financial Balance	1 000	1 000	0	0
Earnings Before Tax	−137 000	65 000	−10 000	−15 000
Tax	0	14 000	0	0
Net Income	−137 000	51 000	−10 000	−15 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	88 000	111 000	134 000	157 000
Total Current Assets	43 000	61 000	79 000	76 000
Total Assets	131 000	172 000	213 000	233 000
Total Retained Equity	−108 000	29 000	−21 000	−12 000
Total Equity	−8 000	129 000	79 000	88 000
Total Long-Term Debt	61 000	4 000	0	4 000
Total Current Debt	78 000	39 000	135 000	142 000
Total Equity and Debt	131 000	172 000	213 000	233 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	239 000	180 000	81 000	109 000
Other Income	0	0	0	0
Revenue	239 000	180 000	81 000	109 000
Cost of Goods Sold	244 000	60 000	14 000	40 000
Salary Costs	0	0	0	0
Depreciation	23 000	23 000	23 000	23 000
Impairment	0	0	0	0
Expenditure	377 000	115 000	90 000	124 000
Operating Profit	−138 000	64 000	−9 000	−15 000
Financial Income	1 000	1 000	0	0
Financial Costs	0	0	0	0
Financial Balance	1 000	1 000	0	0
Dividends	0	0	0	0
Net Income	−137 000	51 000	−10 000	−15 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	88 000	111 000	134 000	157 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	88 000	111 000	134 000	157 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	88 000	111 000	134 000	157 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	34 000	61 000	13 000	16 000
Total Current Assets	43 000	61 000	79 000	76 000
Total Assets	131 000	172 000	213 000	233 000
Total Equity	−8 000	129 000	79 000	88 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	61 000	4 000	0	4 000
Creditors	0	−18 000	84 000	86 000
Unpaid Taxes	8 000	12 000	0	2 000
Dividends	0	0	0	0
Other Current Debt	71 000	31 000	51 000	54 000
Total Current Debt	78 000	39 000	135 000	142 000
Total Equity and Debt	131 000	172 000	213 000	233 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1 712,5 %	39,53 %	−12,66 %	−17,05 %
Debt-to-Equity Ratio	−7,63	0,03	0	0,05
Operating Profit Margin	−57,74 %	35,56 %	−11,11 %	−13,76 %
Current Ratio	0,55	1,56	0,59	0,54
Quick Ratio	0,55	1,56	0,59	0,54
Equity Ratio	−0,06	0,75	0,37	0,38
Gross Profit Margin	−2,09 %	66,67 %	82,72 %	63,3 %