VASSTAKET KRAFTVERK AS

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Finances

Share Ownership

Return on Equity

14,11 %

Current Ratio

2,13

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	984 000	1 507 000	319 000	1 328 000
Net Income	348 000	705 000	−88 000	643 000
Total Assets	3 090 000	3 328 000	2 562 000	3 592 000
Total Equity	2 466 000	2 517 000	2 213 000	2 301 000

Income (NOK)	2022	2021	2020	2019
Revenue	984 000	1 507 000	319 000	1 328 000
Expenditure	548 000	606 000	420 000	479 000
Operating Profit	435 000	900 000	−100 000	850 000
Financial Income	18 000	15 000	12 000	11 000
Financial Costs	1 000	8 000	20 000	32 000
Financial Balance	17 000	7 000	−8 000	−21 000
Earnings Before Tax	452 000	907 000	−107 000	830 000
Tax	104 000	203 000	−19 000	187 000
Net Income	348 000	705 000	−88 000	643 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 760 000	1 840 000	1 888 000	1 981 000
Total Current Assets	1 330 000	1 487 000	675 000	1 611 000
Total Assets	3 090 000	3 328 000	2 562 000	3 592 000
Total Retained Equity	2 366 000	2 417 000	2 113 000	2 201 000
Total Equity	2 466 000	2 517 000	2 213 000	2 301 000
Total Long-Term Debt	0	23 000	297 000	558 000
Total Current Debt	625 000	787 000	53 000	733 000
Total Equity and Debt	3 090 000	3 328 000	2 562 000	3 592 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	984 000	1 507 000	319 000	1 328 000
Other Income	0	0	0	0
Revenue	984 000	1 507 000	319 000	1 328 000
Cost of Goods Sold	159 000	215 000	71 000	133 000
Salary Costs	14 000	11 000	19 000	13 000
Depreciation	99 000	94 000	93 000	93 000
Impairment	0	0	0	0
Expenditure	548 000	606 000	420 000	479 000
Operating Profit	435 000	900 000	−100 000	850 000
Financial Income	18 000	15 000	12 000	11 000
Financial Costs	1 000	8 000	20 000	32 000
Financial Balance	17 000	7 000	−8 000	−21 000
Dividends	400 000	400 000	0	200 000
Net Income	348 000	705 000	−88 000	643 000

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	1 760 000	1 840 000	1 888 000	1 981 000
Fixtures	0	0	0	0
Total Tangible Assets	1 760 000	1 840 000	1 888 000	1 981 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 760 000	1 840 000	1 888 000	1 981 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 077 000	1 313 000	553 000	1 499 000
Total Current Assets	1 330 000	1 487 000	675 000	1 611 000
Total Assets	3 090 000	3 328 000	2 562 000	3 592 000
Total Equity	2 466 000	2 517 000	2 213 000	2 301 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	23 000	297 000	558 000
Creditors	16 000	8 000	10 000	−1 000
Unpaid Taxes	58 000	57 000	15 000	203 000
Dividends	400 000	400 000	0	200 000
Other Current Debt	47 000	119 000	29 000	145 000
Total Current Debt	625 000	787 000	53 000	733 000
Total Equity and Debt	3 090 000	3 328 000	2 562 000	3 592 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,11 %	28,01 %	−3,98 %	27,94 %
Debt-to-Equity Ratio	0	0,01	0,13	0,24
Operating Profit Margin	44,21 %	59,72 %	−31,35 %	64,01 %
Current Ratio	2,13	1,89	12,74	2,2
Quick Ratio	2,13	1,89	12,74	2,2
Equity Ratio	0,8	0,76	0,86	0,64
Gross Profit Margin	83,84 %	85,73 %	77,74 %	89,98 %