PASVIK KRAFT AS

9912 HESSENG

Finances

Return on Equity

−23,48 %

Current Ratio

1,33

Debt-to-Equity Ratio

0,4

Key figures (NOK)	2022	2021	2020	2019
Revenue	45 170 000	114 390 000	63 370 000	136 974 000
Net Income	−29 422 000	34 765 000	13 691 000	28 578 000
Total Assets	300 989 000	268 601 000	225 945 000	253 774 000
Total Equity	125 310 000	132 727 000	145 020 000	137 256 000

Income (NOK)	2022	2021	2020	2019
Revenue	45 170 000	114 390 000	63 370 000	136 974 000
Expenditure	53 679 000	63 350 000	48 314 000	65 983 000
Operating Profit	−8 510 000	51 039 000	15 056 000	70 991 000
Financial Income	1 859 000	587 000	1 027 000	2 535 000
Financial Costs	1 848 000	1 427 000	1 711 000	1 975 000
Financial Balance	11 000	−840 000	−684 000	560 000
Earnings Before Tax	−8 499 000	50 198 000	14 372 000	71 551 000
Tax	20 923 000	15 433 000	681 000	42 973 000
Net Income	−29 422 000	34 765 000	13 691 000	28 578 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	134 048 000	136 898 000	130 139 000	129 915 000
Total Current Assets	166 941 000	131 703 000	95 806 000	123 859 000
Total Assets	300 989 000	268 601 000	225 945 000	253 774 000
Total Retained Equity	5 091 000	34 644 000	49 143 000	45 717 000
Total Equity	125 310 000	132 727 000	145 020 000	137 256 000
Total Long-Term Debt	50 000 000	50 000 000	50 200 000	50 000 000
Total Current Debt	125 679 000	85 874 000	30 726 000	66 518 000
Total Equity and Debt	300 989 000	268 601 000	225 946 000	253 774 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	45 093 000	102 121 000	63 215 000	136 766 000
Other Income	76 000	12 269 000	155 000	208 000
Revenue	45 170 000	114 390 000	63 370 000	136 974 000
Cost of Goods Sold	12 382 000	17 847 000	7 959 000	23 731 000
Salary Costs	8 756 000	9 005 000	8 793 000	8 662 000
Depreciation	6 280 000	10 693 000	11 324 000	11 385 000
Impairment	0	0	0	0
Expenditure	53 679 000	63 350 000	48 314 000	65 983 000
Operating Profit	−8 510 000	51 039 000	15 056 000	70 991 000
Financial Income	1 859 000	587 000	1 027 000	2 535 000
Financial Costs	1 848 000	1 427 000	1 711 000	1 975 000
Financial Balance	11 000	−840 000	−684 000	560 000
Dividends	0	50 000 000	14 500 000	0
Net Income	−29 422 000	34 765 000	13 691 000	28 578 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	16 295 000	16 478 000	23 569 000	22 557 000
Real Eastate	115 085 000	117 581 000	105 783 000	106 446 000
Machinery and Plant Facilities	529 000	0	777 000	698 000
Fixtures	1 021 000	936 000	0	0
Total Tangible Assets	116 635 000	118 517 000	106 560 000	107 144 000
Total Fiancial Fixed Assets	1 119 000	1 903 000	10 000	214 000
Total Fixed Assets	134 048 000	136 898 000	130 139 000	129 915 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	88 650 000	40 001 000	12 104 000	7 492 000
Total Current Assets	166 941 000	131 703 000	95 806 000	123 859 000
Total Assets	300 989 000	268 601 000	225 945 000	253 774 000
Total Equity	125 310 000	132 727 000	145 020 000	137 256 000
Short-Term Group Debt	0	0	0	9 718 000
Total Long-Term Debt	50 000 000	50 000 000	50 200 000	50 000 000
Creditors	21 001 000	19 472 000	4 069 000	1 422 000
Unpaid Taxes	5 177 000	5 687 000	8 637 000	12 756 000
Dividends	0	50 000 000	14 500 000	0
Other Current Debt	71 194 000	962 000	714 000	945 000
Total Current Debt	125 679 000	85 874 000	30 726 000	66 518 000
Total Equity and Debt	300 989 000	268 601 000	225 946 000	253 774 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−23,48 %	26,19 %	9,44 %	20,82 %
Debt-to-Equity Ratio	0,4	0,38	0,35	0,36
Operating Profit Margin	−18,84 %	44,62 %	23,76 %	51,83 %
Current Ratio	1,33	1,53	3,12	1,86
Quick Ratio	1,33	1,53	3,12	1,86
Equity Ratio	0,42	0,49	0,64	0,54
Gross Profit Margin	72,59 %	84,4 %	87,44 %	82,67 %