GRØNENG KRAFTVERK AS

6818 HAUKEDALEN

Finances

Share Ownership

Return on Equity

26,28 %

Current Ratio

0,89

Debt-to-Equity Ratio

0,68

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 322 000	2 825 000	704 000	2 645 000
Net Income	834 000	1 162 000	−153 000	937 000
Total Assets	7 467 000	8 616 000	6 428 000	8 004 000
Total Equity	3 174 000	3 127 000	3 566 000	3 718 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 322 000	2 825 000	704 000	2 645 000
Expenditure	1 170 000	1 271 000	821 000	1 346 000
Operating Profit	1 152 000	1 554 000	−117 000	1 299 000
Financial Income	23 000	21 000	22 000	26 000
Financial Costs	106 000	85 000	102 000	123 000
Financial Balance	−83 000	−64 000	−80 000	−97 000
Earnings Before Tax	1 069 000	1 490 000	−196 000	1 202 000
Tax	235 000	328 000	−43 000	264 000
Net Income	834 000	1 162 000	−153 000	937 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 562 000	5 743 000	5 952 000	6 107 000
Total Current Assets	1 905 000	2 873 000	477 000	1 897 000
Total Assets	7 467 000	8 616 000	6 428 000	8 004 000
Total Retained Equity	2 445 000	2 411 000	2 849 000	3 001 000
Total Equity	3 174 000	3 127 000	3 566 000	3 718 000
Total Long-Term Debt	2 144 000	2 411 000	2 663 000	2 944 000
Total Current Debt	2 148 000	3 078 000	199 000	1 341 000
Total Equity and Debt	7 467 000	8 616 000	6 428 000	8 004 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 322 000	2 825 000	704 000	2 645 000
Other Income	0	0	0	0
Revenue	2 322 000	2 825 000	704 000	2 645 000
Cost of Goods Sold	587 000	722 000	249 000	664 000
Salary Costs	28 000	33 000	11 000	33 000
Depreciation	182 000	182 000	182 000	182 000
Impairment	0	0	0	0
Expenditure	1 170 000	1 271 000	821 000	1 346 000
Operating Profit	1 152 000	1 554 000	−117 000	1 299 000
Financial Income	23 000	21 000	22 000	26 000
Financial Costs	106 000	85 000	102 000	123 000
Financial Balance	−83 000	−64 000	−80 000	−97 000
Dividends	800 000	0	0	0
Net Income	834 000	1 162 000	−153 000	937 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	27 000	0
Real Eastate	5 562 000	5 743 000	5 925 000	6 107 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	5 562 000	5 743 000	5 925 000	6 107 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 562 000	5 743 000	5 952 000	6 107 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	896 000	1 903 000	327 000	1 714 000
Total Current Assets	1 905 000	2 873 000	477 000	1 897 000
Total Assets	7 467 000	8 616 000	6 428 000	8 004 000
Total Equity	3 174 000	3 127 000	3 566 000	3 718 000
Short-Term Group Debt	0	1 600 000	0	500 000
Total Long-Term Debt	2 144 000	2 411 000	2 663 000	2 944 000
Creditors	565 000	55 000	35 000	63 000
Unpaid Taxes	156 000	606 000	11 000	61 000
Dividends	800 000	0	0	0
Other Current Debt	389 000	486 000	154 000	451 000
Total Current Debt	2 148 000	3 078 000	199 000	1 341 000
Total Equity and Debt	7 467 000	8 616 000	6 428 000	8 004 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,28 %	37,16 %	−4,29 %	25,2 %
Debt-to-Equity Ratio	0,68	0,77	0,75	0,79
Operating Profit Margin	49,61 %	55,01 %	−16,62 %	49,11 %
Current Ratio	0,89	0,93	2,4	1,41
Quick Ratio	0,89	0,93	2,4	1,41
Equity Ratio	0,43	0,36	0,55	0,46
Gross Profit Margin	74,72 %	74,44 %	64,63 %	74,9 %