GJØNAELVA KRAFTVERK AS

5640 EIKELANDSOSEN

Finances

Share Ownership

Return on Equity

125,04 %

Current Ratio

1,26

Debt-to-Equity Ratio

6,53

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 723 000	4 766 000	1 084 000	2 959 000
Net Income	7 915 000	1 298 000	−1 883 000	−971 000
Total Assets	50 746 000	53 553 000	51 533 000	53 825 000
Total Equity	6 330 000	−1 585 000	−2 883 000	−1 000 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 723 000	4 766 000	1 084 000	2 959 000
Expenditure	5 050 000	2 718 000	2 013 000	2 516 000
Operating Profit	10 673 000	2 047 000	−928 000	443 000
Financial Income	184 000	9 000	19 000	2 000
Financial Costs	1 243 000	758 000	973 000	1 417 000
Financial Balance	−1 059 000	−749 000	−954 000	−1 415 000
Earnings Before Tax	9 614 000	1 298 000	−1 883 000	−971 000
Tax	1 700 000	0	0	0
Net Income	7 915 000	1 298 000	−1 883 000	−971 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	46 900 000	47 965 000	48 879 000	49 944 000
Total Current Assets	3 846 000	5 588 000	2 654 000	3 881 000
Total Assets	50 746 000	53 553 000	51 533 000	53 825 000
Total Retained Equity	6 027 000	−1 888 000	−3 186 000	−1 303 000
Total Equity	6 330 000	−1 585 000	−2 883 000	−1 000 000
Total Long-Term Debt	41 359 000	53 368 000	53 874 000	53 874 000
Total Current Debt	3 057 000	1 769 000	542 000	951 000
Total Equity and Debt	50 746 000	53 553 000	51 533 000	53 825 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 723 000	4 766 000	1 084 000	2 959 000
Other Income	0	0	0	0
Revenue	15 723 000	4 766 000	1 084 000	2 959 000
Cost of Goods Sold	−82 000	274 000	331 000	250 000
Salary Costs	0	0	0	0
Depreciation	1 065 000	1 065 000	1 065 000	1 065 000
Impairment	0	0	0	0
Expenditure	5 050 000	2 718 000	2 013 000	2 516 000
Operating Profit	10 673 000	2 047 000	−928 000	443 000
Financial Income	184 000	9 000	19 000	2 000
Financial Costs	1 243 000	758 000	973 000	1 417 000
Financial Balance	−1 059 000	−749 000	−954 000	−1 415 000
Dividends	0	0	0	0
Net Income	7 915 000	1 298 000	−1 883 000	−971 000

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	46 900 000	47 965 000	48 879 000	49 944 000
Fixtures	0	0	0	0
Total Tangible Assets	46 900 000	47 965 000	48 879 000	49 944 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	46 900 000	47 965 000	48 879 000	49 944 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 169 000	4 698 000	2 563 000	3 493 000
Total Current Assets	3 846 000	5 588 000	2 654 000	3 881 000
Total Assets	50 746 000	53 553 000	51 533 000	53 825 000
Total Equity	6 330 000	−1 585 000	−2 883 000	−1 000 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	41 359 000	53 368 000	53 874 000	53 874 000
Creditors	1 699 000	784 000	360 000	473 000
Unpaid Taxes	257 000	399 000	0	100 000
Dividends	0	0	0	0
Other Current Debt	8 000	587 000	181 000	378 000
Total Current Debt	3 057 000	1 769 000	542 000	951 000
Total Equity and Debt	50 746 000	53 553 000	51 533 000	53 825 000

Financial indicators	2022	2021	2020	2019
Return on Equity	125,04 %	−81,89 %	65,31 %	97,1 %
Debt-to-Equity Ratio	6,53	−33,67	−18,69	−53,87
Operating Profit Margin	67,88 %	42,95 %	−85,61 %	14,97 %
Current Ratio	1,26	3,16	4,9	4,08
Quick Ratio	1,26	3,16	4,9	4,08
Equity Ratio	0,12	−0,03	−0,06	−0,02
Gross Profit Margin	100,52 %	94,25 %	69,46 %	91,55 %