SØRSIDA KRAFT AS

7690 MOSVIK

Finances

Share Ownership

Return on Equity

−10,07 %

Current Ratio

0,06

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	531 000	463 000	185 000	589 000
Net Income	136 000	−45 000	−331 000	−13 000
Total Assets	4 089 000	4 002 000	4 048 000	4 406 000
Total Equity	−1 351 000	−1 488 000	−1 442 000	−1 111 000

Income (NOK)	2022	2021	2020	2019
Revenue	531 000	463 000	185 000	589 000
Expenditure	262 000	349 000	245 000	325 000
Operating Profit	268 000	114 000	−60 000	264 000
Financial Income	0	0	1 000	2 000
Financial Costs	132 000	159 000	272 000	279 000
Financial Balance	−132 000	−159 000	−271 000	−277 000
Earnings Before Tax	136 000	−45 000	−331 000	−13 000
Tax	0	0	0	0
Net Income	136 000	−45 000	−331 000	−13 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 771 000	3 912 000	4 053 000	4 194 000
Total Current Assets	318 000	90 000	−5 000	212 000
Total Assets	4 089 000	4 002 000	4 048 000	4 406 000
Total Retained Equity	−2 081 000	−2 217 000	−2 172 000	−1 841 000
Total Equity	−1 351 000	−1 488 000	−1 442 000	−1 111 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	5 440 000	5 490 000	5 491 000	5 517 000
Total Equity and Debt	4 089 000	4 002 000	4 048 000	4 406 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	531 000	463 000	185 000	589 000
Other Income	0	0	0	0
Revenue	531 000	463 000	185 000	589 000
Cost of Goods Sold	47 000	66 000	35 000	49 000
Salary Costs	0	0	0	0
Depreciation	141 000	141 000	141 000	141 000
Impairment	0	0	0	0
Expenditure	262 000	349 000	245 000	325 000
Operating Profit	268 000	114 000	−60 000	264 000
Financial Income	0	0	1 000	2 000
Financial Costs	132 000	159 000	272 000	279 000
Financial Balance	−132 000	−159 000	−271 000	−277 000
Dividends	0	0	0	0
Net Income	136 000	−45 000	−331 000	−13 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	100 000	100 000	100 000	100 000
Machinery and Plant Facilities	3 671 000	3 812 000	3 953 000	4 094 000
Fixtures	0	0	0	0
Total Tangible Assets	3 771 000	3 912 000	4 053 000	4 194 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 771 000	3 912 000	4 053 000	4 194 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	138 000	−14 000	−9 000	159 000
Total Current Assets	318 000	90 000	−5 000	212 000
Total Assets	4 089 000	4 002 000	4 048 000	4 406 000
Total Equity	−1 351 000	−1 488 000	−1 442 000	−1 111 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	28 000	39 000	65 000
Unpaid Taxes	19 000	6 000	2 000	8 000
Dividends	0	0	0	0
Other Current Debt	256 000	225 000	197 000	191 000
Total Current Debt	5 440 000	5 490 000	5 491 000	5 517 000
Total Equity and Debt	4 089 000	4 002 000	4 048 000	4 406 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−10,07 %	3,02 %	22,95 %	1,17 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	50,47 %	24,62 %	−32,43 %	44,82 %
Current Ratio	0,06	0,02	−0	0,04
Quick Ratio	0,06	0,02	−0	0,04
Equity Ratio	−0,33	−0,37	−0,36	−0,25
Gross Profit Margin	91,15 %	85,75 %	81,08 %	91,68 %