SKÅLHEIM KRAFTVERK AS

5600 NORHEIMSUND

Finances

Share Ownership

Return on Equity

54,07 %

Current Ratio

Debt-to-Equity Ratio

0,35

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 763 000	2 152 000	564 000	1 169 000
Net Income	2 695 000	854 000	−163 000	335 000
Total Assets	8 682 000	9 535 000	7 993 000	7 951 000
Total Equity	4 984 000	2 589 000	1 735 000	1 898 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 763 000	2 152 000	564 000	1 169 000
Expenditure	3 170 000	886 000	572 000	492 000
Operating Profit	3 593 000	1 267 000	−9 000	677 000
Financial Income	22 000	6 000	5 000	5 000
Financial Costs	159 000	177 000	205 000	251 000
Financial Balance	−137 000	−171 000	−200 000	−246 000
Earnings Before Tax	3 455 000	1 095 000	−209 000	430 000
Tax	760 000	241 000	−46 000	95 000
Net Income	2 695 000	854 000	−163 000	335 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 747 000	6 951 000	7 155 000	7 359 000
Total Current Assets	1 935 000	2 584 000	838 000	592 000
Total Assets	8 682 000	9 535 000	7 993 000	7 951 000
Total Retained Equity	4 820 000	2 424 000	1 570 000	1 733 000
Total Equity	4 984 000	2 589 000	1 735 000	1 898 000
Total Long-Term Debt	1 769 000	6 094 000	6 234 000	5 820 000
Total Current Debt	1 929 000	852 000	24 000	233 000
Total Equity and Debt	8 682 000	9 535 000	7 993 000	7 951 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 763 000	2 152 000	168 000	1 054 000
Other Income	0	0	396 000	114 000
Revenue	6 763 000	2 152 000	564 000	1 169 000
Cost of Goods Sold	0	54 000	6 000	0
Salary Costs	141 000	388 000	0	0
Depreciation	204 000	204 000	204 000	204 000
Impairment	0	0	0	0
Expenditure	3 170 000	886 000	572 000	492 000
Operating Profit	3 593 000	1 267 000	−9 000	677 000
Financial Income	22 000	6 000	5 000	5 000
Financial Costs	159 000	177 000	205 000	251 000
Financial Balance	−137 000	−171 000	−200 000	−246 000
Dividends	0	0	0	0
Net Income	2 695 000	854 000	−163 000	335 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	6 747 000	6 951 000	7 155 000	7 359 000
Fixtures	0	0	0	0
Total Tangible Assets	6 747 000	6 951 000	7 155 000	7 359 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 747 000	6 951 000	7 155 000	7 359 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 490 000	2 095 000	715 000	409 000
Total Current Assets	1 935 000	2 584 000	838 000	592 000
Total Assets	8 682 000	9 535 000	7 993 000	7 951 000
Total Equity	4 984 000	2 589 000	1 735 000	1 898 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 769 000	6 094 000	6 234 000	5 820 000
Creditors	93 000	0	0	0
Unpaid Taxes	271 000	398 000	10 000	0
Dividends	0	0	0	0
Other Current Debt	805 000	213 000	14 000	139 000
Total Current Debt	1 929 000	852 000	24 000	233 000
Total Equity and Debt	8 682 000	9 535 000	7 993 000	7 951 000

Financial indicators	2022	2021	2020	2019
Return on Equity	54,07 %	32,99 %	−9,39 %	17,65 %
Debt-to-Equity Ratio	0,35	2,35	3,59	3,07
Operating Profit Margin	53,13 %	58,88 %	−1,6 %	57,91 %
Current Ratio	1	3,03	34,92	2,54
Quick Ratio	1	3,03	34,92	2,54
Equity Ratio	0,57	0,27	0,22	0,24
Gross Profit Margin	100 %	97,49 %	98,94 %	100 %