ØLMEDAL KRAFT AS

5583 VIKEDAL

Finances

Share Ownership

Return on Equity

72,18 %

Current Ratio

0,92

Debt-to-Equity Ratio

0,86

Key figures (NOK)	2022	2021	2020	2019
Revenue	25 041 000	8 362 000	1 566 000	7 527 000
Net Income	14 370 000	3 315 000	−1 614 000	2 232 000
Total Assets	47 199 000	44 573 000	42 027 000	45 264 000
Total Equity	19 909 000	16 315 000	13 000 000	14 614 000

Income (NOK)	2022	2021	2020	2019
Revenue	25 041 000	8 362 000	1 566 000	7 527 000
Expenditure	5 945 000	3 311 000	2 687 000	3 194 000
Operating Profit	19 097 000	5 051 000	−1 120 000	4 333 000
Financial Income	194 000	6 000	9 000	13 000
Financial Costs	863 000	807 000	957 000	1 484 000
Financial Balance	−669 000	−801 000	−948 000	−1 471 000
Earnings Before Tax	18 428 000	4 250 000	−2 069 000	2 862 000
Tax	4 059 000	935 000	−455 000	630 000
Net Income	14 370 000	3 315 000	−1 614 000	2 232 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	37 826 000	38 837 000	39 811 000	40 675 000
Total Current Assets	9 372 000	5 736 000	2 216 000	4 589 000
Total Assets	47 199 000	44 573 000	42 027 000	45 264 000
Total Retained Equity	18 558 000	10 239 000	6 925 000	8 538 000
Total Equity	19 909 000	16 315 000	13 000 000	14 614 000
Total Long-Term Debt	17 079 000	25 386 000	28 638 000	29 351 000
Total Current Debt	10 211 000	2 871 000	388 000	1 299 000
Total Equity and Debt	47 199 000	44 573 000	42 027 000	45 264 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	25 041 000	8 362 000	1 566 000	7 445 000
Other Income	0	0	0	82 000
Revenue	25 041 000	8 362 000	1 566 000	7 527 000
Cost of Goods Sold	−373 000	209 000	255 000	139 000
Salary Costs	433 000	322 000	305 000	300 000
Depreciation	1 011 000	1 007 000	1 005 000	1 002 000
Impairment	0	0	0	0
Expenditure	5 945 000	3 311 000	2 687 000	3 194 000
Operating Profit	19 097 000	5 051 000	−1 120 000	4 333 000
Financial Income	194 000	6 000	9 000	13 000
Financial Costs	863 000	807 000	957 000	1 484 000
Financial Balance	−669 000	−801 000	−948 000	−1 471 000
Dividends	4 051 000	0	0	0
Net Income	14 370 000	3 315 000	−1 614 000	2 232 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	36 806 000	37 756 000	38 671 000	39 475 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 021 000	1 081 000	1 141 000	1 201 000
Total Tangible Assets	37 826 000	38 837 000	39 811 000	40 675 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	37 826 000	38 837 000	39 811 000	40 675 000
Stock	0	39 000	60 000	88 000
Total Investments	0	0	0	0
Cash, Bank	7 119 000	4 402 000	1 417 000	1 194 000
Total Current Assets	9 372 000	5 736 000	2 216 000	4 589 000
Total Assets	47 199 000	44 573 000	42 027 000	45 264 000
Total Equity	19 909 000	16 315 000	13 000 000	14 614 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	17 079 000	25 386 000	28 638 000	29 351 000
Creditors	38 000	258 000	170 000	175 000
Unpaid Taxes	978 000	995 000	33 000	135 000
Dividends	4 051 000	0	0	0
Other Current Debt	1 072 000	673 000	185 000	350 000
Total Current Debt	10 211 000	2 871 000	388 000	1 299 000
Total Equity and Debt	47 199 000	44 573 000	42 027 000	45 264 000

Financial indicators	2022	2021	2020	2019
Return on Equity	72,18 %	20,32 %	−12,42 %	15,27 %
Debt-to-Equity Ratio	0,86	1,56	2,2	2,01
Operating Profit Margin	76,26 %	60,4 %	−71,52 %	57,57 %
Current Ratio	0,92	2	5,71	3,53
Quick Ratio	0,92	2,03	6,76	3,79
Equity Ratio	0,42	0,37	0,31	0,32
Gross Profit Margin	101,49 %	97,5 %	83,72 %	98,15 %