KITTILSVIKEN KRAFTVERK AS

3539 FLÅ

Finances

Share Ownership

Return on Equity

56,26 %

Current Ratio

1,73

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 964 000	3 852 000	581 000	2 692 000
Net Income	5 534 000	1 980 000	−386 000	1 176 000
Total Assets	12 732 000	9 479 000	8 661 000	9 624 000
Total Equity	9 837 000	5 003 000	3 623 000	4 009 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 964 000	3 852 000	581 000	2 692 000
Expenditure	1 785 000	1 197 000	942 000	976 000
Operating Profit	7 181 000	2 654 000	−361 000	1 717 000
Financial Income	15 000	6 000	1 000	1 000
Financial Costs	101 000	122 000	135 000	211 000
Financial Balance	−86 000	−116 000	−134 000	−210 000
Earnings Before Tax	7 095 000	2 539 000	−495 000	1 507 000
Tax	1 561 000	559 000	−109 000	332 000
Net Income	5 534 000	1 980 000	−386 000	1 176 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 724 000	7 985 000	8 255 000	8 530 000
Total Current Assets	5 008 000	1 494 000	405 000	1 093 000
Total Assets	12 732 000	9 479 000	8 661 000	9 624 000
Total Retained Equity	9 712 000	4 878 000	3 498 000	3 884 000
Total Equity	9 837 000	5 003 000	3 623 000	4 009 000
Total Long-Term Debt	0	2 928 000	4 928 000	4 928 000
Total Current Debt	2 895 000	1 548 000	110 000	687 000
Total Equity and Debt	12 732 000	9 479 000	8 661 000	9 624 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 964 000	3 852 000	581 000	2 692 000
Other Income	0	0	0	0
Revenue	8 964 000	3 852 000	581 000	2 692 000
Cost of Goods Sold	106 000	93 000	0	0
Salary Costs	146 000	156 000	240 000	166 000
Depreciation	261 000	271 000	278 000	282 000
Impairment	0	0	0	0
Expenditure	1 785 000	1 197 000	942 000	976 000
Operating Profit	7 181 000	2 654 000	−361 000	1 717 000
Financial Income	15 000	6 000	1 000	1 000
Financial Costs	101 000	122 000	135 000	211 000
Financial Balance	−86 000	−116 000	−134 000	−210 000
Dividends	700 000	0	0	200 000
Net Income	5 534 000	1 980 000	−386 000	1 176 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 000	4 000	3 000	0
Real Eastate	7 721 000	7 981 000	8 242 000	8 502 000
Machinery and Plant Facilities	0	0	11 000	27 000
Fixtures	0	0	0	1 000
Total Tangible Assets	7 721 000	7 981 000	8 252 000	8 530 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	7 724 000	7 985 000	8 255 000	8 530 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 412 000	1 259 000	193 000	903 000
Total Current Assets	5 008 000	1 494 000	405 000	1 093 000
Total Assets	12 732 000	9 479 000	8 661 000	9 624 000
Total Equity	9 837 000	5 003 000	3 623 000	4 009 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	2 928 000	4 928 000	4 928 000
Creditors	108 000	34 000	17 000	−1 000
Unpaid Taxes	480 000	329 000	57 000	133 000
Dividends	700 000	0	0	200 000
Other Current Debt	47 000	625 000	36 000	20 000
Total Current Debt	2 895 000	1 548 000	110 000	687 000
Total Equity and Debt	12 732 000	9 479 000	8 661 000	9 624 000

Financial indicators	2022	2021	2020	2019
Return on Equity	56,26 %	39,58 %	−10,65 %	29,33 %
Debt-to-Equity Ratio	0	0,59	1,36	1,23
Operating Profit Margin	80,11 %	68,9 %	−62,13 %	63,78 %
Current Ratio	1,73	0,97	3,68	1,59
Quick Ratio	1,73	0,97	3,68	1,59
Equity Ratio	0,77	0,53	0,42	0,42
Gross Profit Margin	98,82 %	97,59 %	100 %	100 %