VEITEBERG KRAFTVERK AS

6843 SKEI I JØLSTER

Finances

Share Ownership

Return on Equity

7,34 %

Current Ratio

1,66

Debt-to-Equity Ratio

0,23

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 453 000	2 299 000	473 000	2 284 000
Net Income	277 000	1 014 000	−314 000	818 000
Total Assets	5 558 000	5 572 000	4 395 000	5 806 000
Total Equity	3 775 000	3 797 000	2 784 000	3 098 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 453 000	2 299 000	473 000	2 284 000
Expenditure	1 050 000	1 088 000	808 000	1 164 000
Operating Profit	403 000	1 211 000	−336 000	1 120 000
Financial Income	6 000	46 000	13 000	14 000
Financial Costs	47 000	56 000	63 000	81 000
Financial Balance	−41 000	−10 000	−50 000	−67 000
Earnings Before Tax	362 000	1 202 000	−386 000	1 054 000
Tax	85 000	188 000	−72 000	235 000
Net Income	277 000	1 014 000	−314 000	818 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 025 000	4 164 000	4 340 000	4 502 000
Total Current Assets	1 533 000	1 408 000	55 000	1 305 000
Total Assets	5 558 000	5 572 000	4 395 000	5 806 000
Total Retained Equity	3 675 000	3 697 000	2 684 000	2 998 000
Total Equity	3 775 000	3 797 000	2 784 000	3 098 000
Total Long-Term Debt	857 000	1 188 000	1 352 000	1 716 000
Total Current Debt	926 000	587 000	259 000	993 000
Total Equity and Debt	5 558 000	5 572 000	4 395 000	5 806 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 453 000	2 299 000	473 000	2 284 000
Other Income	0	0	0	0
Revenue	1 453 000	2 299 000	473 000	2 284 000
Cost of Goods Sold	243 000	381 000	146 000	373 000
Salary Costs	181 000	177 000	156 000	142 000
Depreciation	139 000	159 000	162 000	162 000
Impairment	0	0	0	0
Expenditure	1 050 000	1 088 000	808 000	1 164 000
Operating Profit	403 000	1 211 000	−336 000	1 120 000
Financial Income	6 000	46 000	13 000	14 000
Financial Costs	47 000	56 000	63 000	81 000
Financial Balance	−41 000	−10 000	−50 000	−67 000
Dividends	300 000	0	0	400 000
Net Income	277 000	1 014 000	−314 000	818 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	4 025 000	4 164 000	4 323 000	4 485 000
Total Tangible Assets	4 025 000	4 164 000	4 323 000	4 485 000
Total Fiancial Fixed Assets	0	0	17 000	17 000
Total Fixed Assets	4 025 000	4 164 000	4 340 000	4 502 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 160 000	1 195 000	19 000	1 155 000
Total Current Assets	1 533 000	1 408 000	55 000	1 305 000
Total Assets	5 558 000	5 572 000	4 395 000	5 806 000
Total Equity	3 775 000	3 797 000	2 784 000	3 098 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	857 000	1 188 000	1 352 000	1 716 000
Creditors	326 000	62 000	19 000	18 000
Unpaid Taxes	51 000	59 000	53 000	125 000
Dividends	300 000	0	0	400 000
Other Current Debt	163 000	210 000	187 000	210 000
Total Current Debt	926 000	587 000	259 000	993 000
Total Equity and Debt	5 558 000	5 572 000	4 395 000	5 806 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,34 %	26,71 %	−11,28 %	26,4 %
Debt-to-Equity Ratio	0,23	0,31	0,49	0,55
Operating Profit Margin	27,74 %	52,68 %	−71,04 %	49,04 %
Current Ratio	1,66	2,4	0,21	1,31
Quick Ratio	1,66	2,4	0,21	1,31
Equity Ratio	0,68	0,68	0,63	0,53
Gross Profit Margin	83,28 %	83,43 %	69,13 %	83,67 %