SEIMSDAL KRAFT AS

6885 ÅRDALSTANGEN

Finances

Share Ownership

Return on Equity

168,1 %

Current Ratio

1,05

Debt-to-Equity Ratio

2,45

Key figures (NOK)	2022	2021	2020	2019
Revenue	34 361 000	8 889 000	3 222 000	6 170 000
Net Income	14 100 000	2 436 000	−137 000	1 324 000
Total Assets	58 093 000	38 475 000	33 194 000	34 554 000
Total Equity	8 388 000	9 288 000	9 851 000	10 289 000

Income (NOK)	2022	2021	2020	2019
Revenue	34 361 000	8 889 000	3 222 000	6 170 000
Expenditure	15 994 000	5 272 000	2 782 000	3 394 000
Operating Profit	18 368 000	3 617 000	440 000	2 776 000
Financial Income	507 000	10 000	19 000	33 000
Financial Costs	745 000	491 000	633 000	1 110 000
Financial Balance	−238 000	−481 000	−614 000	−1 077 000
Earnings Before Tax	18 130 000	3 136 000	−174 000	1 700 000
Tax	4 030 000	700 000	−37 000	376 000
Net Income	14 100 000	2 436 000	−137 000	1 324 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	27 567 000	28 578 000	29 529 000	30 591 000
Total Current Assets	30 525 000	9 897 000	3 665 000	3 963 000
Total Assets	58 093 000	38 475 000	33 194 000	34 554 000
Total Retained Equity	5 388 000	6 288 000	6 851 000	7 289 000
Total Equity	8 388 000	9 288 000	9 851 000	10 289 000
Total Long-Term Debt	20 538 000	21 604 000	22 734 000	21 860 000
Total Current Debt	29 167 000	7 583 000	608 000	2 405 000
Total Equity and Debt	58 093 000	38 475 000	33 194 000	34 554 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	34 361 000	8 889 000	3 222 000	6 170 000
Other Income	0	0	0	0
Revenue	34 361 000	8 889 000	3 222 000	6 170 000
Cost of Goods Sold	0	0	8 000	0
Salary Costs	550 000	365 000	451 000	422 000
Depreciation	1 102 000	1 098 000	1 098 000	1 098 000
Impairment	0	0	0	0
Expenditure	15 994 000	5 272 000	2 782 000	3 394 000
Operating Profit	18 368 000	3 617 000	440 000	2 776 000
Financial Income	507 000	10 000	19 000	33 000
Financial Costs	745 000	491 000	633 000	1 110 000
Financial Balance	−238 000	−481 000	−614 000	−1 077 000
Dividends	12 000 000	3 000 000	300 000	1 000 000
Net Income	14 100 000	2 436 000	−137 000	1 324 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	527 000	502 000	356 000	319 000
Real Eastate	244 000	260 000	276 000	292 000
Machinery and Plant Facilities	26 733 000	27 816 000	28 898 000	29 980 000
Fixtures	62 000	0	0	0
Total Tangible Assets	27 040 000	28 076 000	29 174 000	30 271 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	27 567 000	28 578 000	29 529 000	30 591 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	29 008 000	7 627 000	1 553 000	1 630 000
Total Current Assets	30 525 000	9 897 000	3 665 000	3 963 000
Total Assets	58 093 000	38 475 000	33 194 000	34 554 000
Total Equity	8 388 000	9 288 000	9 851 000	10 289 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	20 538 000	21 604 000	22 734 000	21 860 000
Creditors	1 204 000	92 000	132 000	331 000
Unpaid Taxes	628 000	946 000	63 000	18 000
Dividends	12 000 000	3 000 000	300 000	1 000 000
Other Current Debt	11 280 000	2 698 000	113 000	644 000
Total Current Debt	29 167 000	7 583 000	608 000	2 405 000
Total Equity and Debt	58 093 000	38 475 000	33 194 000	34 554 000

Financial indicators	2022	2021	2020	2019
Return on Equity	168,1 %	26,23 %	−1,39 %	12,87 %
Debt-to-Equity Ratio	2,45	2,33	2,31	2,12
Operating Profit Margin	53,46 %	40,69 %	13,66 %	44,99 %
Current Ratio	1,05	1,31	6,03	1,65
Quick Ratio	1,05	1,31	6,03	1,65
Equity Ratio	0,14	0,24	0,3	0,3
Gross Profit Margin	100 %	100 %	99,75 %	100 %