VINDEDAL KRAFTVERK AS

6887 LÆRDAL

Finances

Share Ownership

Return on Equity

60,93 %

Current Ratio

3,64

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	33 392 000	5 170 000	2 278 000	5 956 000
Net Income	20 734 000	2 151 000	−323 000	2 342 000
Total Assets	43 377 000	24 105 000	22 245 000	24 736 000
Total Equity	34 028 000	17 294 000	15 143 000	15 466 000

Income (NOK)	2022	2021	2020	2019
Revenue	33 392 000	5 170 000	2 278 000	5 956 000
Expenditure	6 830 000	2 889 000	2 504 000	2 661 000
Operating Profit	26 563 000	2 283 000	−226 000	3 294 000
Financial Income	203 000	523 000	66 000	67 000
Financial Costs	175 000	178 000	254 000	357 000
Financial Balance	28 000	345 000	−188 000	−290 000
Earnings Before Tax	26 590 000	2 628 000	−415 000	3 004 000
Tax	5 856 000	477 000	−91 000	661 000
Net Income	20 734 000	2 151 000	−323 000	2 342 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 381 000	17 004 000	17 713 000	18 155 000
Total Current Assets	26 996 000	7 101 000	4 532 000	6 581 000
Total Assets	43 377 000	24 105 000	22 245 000	24 736 000
Total Retained Equity	33 928 000	17 194 000	15 043 000	15 366 000
Total Equity	34 028 000	17 294 000	15 143 000	15 466 000
Total Long-Term Debt	1 926 000	5 148 000	6 374 000	7 603 000
Total Current Debt	7 424 000	1 663 000	728 000	1 667 000
Total Equity and Debt	43 377 000	24 105 000	22 245 000	24 736 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	33 392 000	5 170 000	2 278 000	5 956 000
Other Income	0	0	0	0
Revenue	33 392 000	5 170 000	2 278 000	5 956 000
Cost of Goods Sold	3 635 000	1 088 000	315 000	658 000
Salary Costs	1 157 000	17 000	36 000	23 000
Depreciation	699 000	709 000	745 000	720 000
Impairment	0	0	0	0
Expenditure	6 830 000	2 889 000	2 504 000	2 661 000
Operating Profit	26 563 000	2 283 000	−226 000	3 294 000
Financial Income	203 000	523 000	66 000	67 000
Financial Costs	175 000	178 000	254 000	357 000
Financial Balance	28 000	345 000	−188 000	−290 000
Dividends	4 000 000	0	0	0
Net Income	20 734 000	2 151 000	−323 000	2 342 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	16 378 000	16 925 000	17 570 000	17 911 000
Machinery and Plant Facilities	3 000	71 000	128 000	221 000
Fixtures	0	9 000	16 000	23 000
Total Tangible Assets	16 381 000	17 004 000	17 713 000	18 155 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	16 381 000	17 004 000	17 713 000	18 155 000
Stock	70 000	70 000	45 000	45 000
Total Investments	10 837 000	2 585 000	2 732 000	2 534 000
Cash, Bank	15 843 000	3 215 000	981 000	3 567 000
Total Current Assets	26 996 000	7 101 000	4 532 000	6 581 000
Total Assets	43 377 000	24 105 000	22 245 000	24 736 000
Total Equity	34 028 000	17 294 000	15 143 000	15 466 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 926 000	5 148 000	6 374 000	7 603 000
Creditors	67 000	273 000	72 000	373 000
Unpaid Taxes	798 000	411 000	122 000	65 000
Dividends	4 000 000	0	0	0
Other Current Debt	689 000	486 000	534 000	558 000
Total Current Debt	7 424 000	1 663 000	728 000	1 667 000
Total Equity and Debt	43 377 000	24 105 000	22 245 000	24 736 000

Financial indicators	2022	2021	2020	2019
Return on Equity	60,93 %	12,44 %	−2,13 %	15,14 %
Debt-to-Equity Ratio	0,06	0,3	0,42	0,49
Operating Profit Margin	79,55 %	44,16 %	−9,92 %	55,31 %
Current Ratio	3,64	4,27	6,23	3,95
Quick Ratio	3,67	4,46	6,64	4,06
Equity Ratio	0,78	0,72	0,68	0,63
Gross Profit Margin	89,11 %	78,96 %	86,17 %	88,95 %