KVERNHUSELVA MINIKRAFTVERK AS

6983 KVAMMEN

Finances

Share Ownership

Return on Equity

−9,51 %

Current Ratio

0,3

Debt-to-Equity Ratio

−3,37

Key figures (NOK)	2022	2021	2020	2019
Revenue	368 000	312 000	127 000	367 000
Net Income	72 000	7 000	−212 000	−20 000
Total Assets	1 939 000	1 962 000	1 971 000	2 017 000
Total Equity	−757 000	−829 000	−837 000	−624 000

Income (NOK)	2022	2021	2020	2019
Revenue	368 000	312 000	127 000	367 000
Expenditure	161 000	207 000	222 000	175 000
Operating Profit	208 000	105 000	−95 000	192 000
Financial Income	0	13 000	11 000	0
Financial Costs	135 000	111 000	128 000	212 000
Financial Balance	−135 000	−98 000	−117 000	−212 000
Earnings Before Tax	72 000	7 000	−212 000	−20 000
Tax	0	0	0	0
Net Income	72 000	7 000	−212 000	−20 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 896 000	1 933 000	1 970 000	2 007 000
Total Current Assets	43 000	29 000	0	9 000
Total Assets	1 939 000	1 962 000	1 971 000	2 017 000
Total Retained Equity	−857 000	−929 000	−937 000	−724 000
Total Equity	−757 000	−829 000	−837 000	−624 000
Total Long-Term Debt	2 551 000	2 619 000	2 654 000	2 468 000
Total Current Debt	145 000	172 000	154 000	173 000
Total Equity and Debt	1 939 000	1 962 000	1 971 000	2 017 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	368 000	312 000	127 000	362 000
Other Income	0	0	0	5 000
Revenue	368 000	312 000	127 000	367 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	37 000	37 000	37 000	37 000
Impairment	0	0	0	0
Expenditure	161 000	207 000	222 000	175 000
Operating Profit	208 000	105 000	−95 000	192 000
Financial Income	0	13 000	11 000	0
Financial Costs	135 000	111 000	128 000	212 000
Financial Balance	−135 000	−98 000	−117 000	−212 000
Dividends	0	0	0	0
Net Income	72 000	7 000	−212 000	−20 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 896 000	1 933 000	1 970 000	2 007 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 896 000	1 933 000	1 970 000	2 007 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 896 000	1 933 000	1 970 000	2 007 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	43 000	29 000	0	9 000
Total Current Assets	43 000	29 000	0	9 000
Total Assets	1 939 000	1 962 000	1 971 000	2 017 000
Total Equity	−757 000	−829 000	−837 000	−624 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 551 000	2 619 000	2 654 000	2 468 000
Creditors	11 000	50 000	70 000	77 000
Unpaid Taxes	21 000	38 000	1 000	14 000
Dividends	0	0	0	0
Other Current Debt	113 000	84 000	83 000	83 000
Total Current Debt	145 000	172 000	154 000	173 000
Total Equity and Debt	1 939 000	1 962 000	1 971 000	2 017 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−9,51 %	−0,84 %	25,33 %	3,21 %
Debt-to-Equity Ratio	−3,37	−3,16	−3,17	−3,96
Operating Profit Margin	56,52 %	33,65 %	−74,8 %	52,32 %
Current Ratio	0,3	0,17	0	0,05
Quick Ratio	0,3	0,17	0	0,05
Equity Ratio	−0,39	−0,42	−0,42	−0,31
Gross Profit Margin	100 %	100 %	100 %	100 %