FOSSÅNO KRAFTVERK AS

4230 SAND

Finances

Share Ownership

Return on Equity

72,59 %

Current Ratio

0,93

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 004 000	3 619 000	483 000	2 035 000
Net Income	6 001 000	1 903 000	−74 000	620 000
Total Assets	16 365 000	13 967 000	11 048 000	11 846 000
Total Equity	8 267 000	7 266 000	6 363 000	6 438 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 004 000	3 619 000	483 000	2 035 000
Expenditure	2 083 000	1 307 000	816 000	1 023 000
Operating Profit	8 920 000	2 312 000	−332 000	1 012 000
Financial Income	175 000	251 000	345 000	0
Financial Costs	1 157 000	194 000	202 000	217 000
Financial Balance	−982 000	57 000	143 000	−217 000
Earnings Before Tax	7 937 000	2 370 000	−190 000	795 000
Tax	1 936 000	467 000	−116 000	175 000
Net Income	6 001 000	1 903 000	−74 000	620 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 829 000	9 155 000	9 481 000	9 807 000
Total Current Assets	7 536 000	4 812 000	1 567 000	2 039 000
Total Assets	16 365 000	13 967 000	11 048 000	11 846 000
Total Retained Equity	7 267 000	6 266 000	5 363 000	5 438 000
Total Equity	8 267 000	7 266 000	6 363 000	6 438 000
Total Long-Term Debt	37 000	4 099 000	4 498 000	4 899 000
Total Current Debt	8 061 000	2 603 000	188 000	509 000
Total Equity and Debt	16 365 000	13 967 000	11 048 000	11 846 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 004 000	3 619 000	483 000	2 035 000
Other Income	0	0	0	0
Revenue	11 004 000	3 619 000	483 000	2 035 000
Cost of Goods Sold	−213 000	126 000	108 000	117 000
Salary Costs	0	0	0	0
Depreciation	326 000	326 000	326 000	284 000
Impairment	0	0	0	0
Expenditure	2 083 000	1 307 000	816 000	1 023 000
Operating Profit	8 920 000	2 312 000	−332 000	1 012 000
Financial Income	175 000	251 000	345 000	0
Financial Costs	1 157 000	194 000	202 000	217 000
Financial Balance	−982 000	57 000	143 000	−217 000
Dividends	4 000 000	1 000 000	0	0
Net Income	6 001 000	1 903 000	−74 000	620 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	8 484 000	8 759 000	9 035 000	9 310 000
Machinery and Plant Facilities	345 000	396 000	446 000	497 000
Fixtures	0	0	0	0
Total Tangible Assets	8 829 000	9 155 000	9 481 000	9 807 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	8 829 000	9 155 000	9 481 000	9 807 000
Stock	36 000	36 000	36 000	244 000
Total Investments	6 112 000	3 668 000	974 000	1 283 000
Cash, Bank	367 000	352 000	252 000	111 000
Total Current Assets	7 536 000	4 812 000	1 567 000	2 039 000
Total Assets	16 365 000	13 967 000	11 048 000	11 846 000
Total Equity	8 267 000	7 266 000	6 363 000	6 438 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	37 000	4 099 000	4 498 000	4 899 000
Creditors	95 000	119 000	7 000	30 000
Unpaid Taxes	377 000	457 000	47 000	0
Dividends	4 000 000	1 000 000	0	0
Other Current Debt	1 651 000	561 000	133 000	323 000
Total Current Debt	8 061 000	2 603 000	188 000	509 000
Total Equity and Debt	16 365 000	13 967 000	11 048 000	11 846 000

Financial indicators	2022	2021	2020	2019
Return on Equity	72,59 %	26,19 %	−1,16 %	9,63 %
Debt-to-Equity Ratio	0	0,56	0,71	0,76
Operating Profit Margin	81,06 %	63,89 %	−68,74 %	49,73 %
Current Ratio	0,93	1,85	8,34	4,01
Quick Ratio	0,94	1,87	10,31	7,69
Equity Ratio	0,51	0,52	0,58	0,54
Gross Profit Margin	101,94 %	96,52 %	77,64 %	94,25 %