VASSBREKKA KRAFT AS

6800 FØRDE

Finances

Share Ownership

Return on Equity

−79,67 %

Current Ratio

Debt-to-Equity Ratio

15,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 161 000	1 734 000	0	0
Net Income	−4 478 000	−2 915 000	−1 384 000	−352 000
Total Assets	111 798 000	113 711 000	89 475 000	37 792 000
Total Equity	5 621 000	10 099 000	13 014 000	14 399 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 161 000	1 734 000	0	0
Expenditure	4 583 000	2 447 000	60 000	129 000
Operating Profit	−1 422 000	−712 000	−60 000	−129 000
Financial Income	3 000	0	1 000	1 000
Financial Costs	3 059 000	2 203 000	1 326 000	224 000
Financial Balance	−3 056 000	−2 203 000	−1 325 000	−223 000
Earnings Before Tax	−4 478 000	−2 915 000	−1 384 000	−352 000
Tax	0	0	0	0
Net Income	−4 478 000	−2 915 000	−1 384 000	−352 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	111 735 000	111 649 000	87 077 000	34 827 000
Total Current Assets	63 000	2 062 000	2 399 000	2 965 000
Total Assets	111 798 000	113 711 000	89 475 000	37 792 000
Total Retained Equity	−9 588 000	−5 110 000	−2 195 000	−810 000
Total Equity	5 621 000	10 099 000	13 014 000	14 399 000
Total Long-Term Debt	85 040 000	75 000 000	58 205 000	12 624 000
Total Current Debt	21 137 000	28 612 000	18 256 000	10 769 000
Total Equity and Debt	111 798 000	113 711 000	89 475 000	37 792 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 161 000	1 734 000	0	0
Other Income	0	0	0	0
Revenue	3 161 000	1 734 000	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	2 833 000	1 459 000	0	0
Impairment	0	0	0	0
Expenditure	4 583 000	2 447 000	60 000	129 000
Operating Profit	−1 422 000	−712 000	−60 000	−129 000
Financial Income	3 000	0	1 000	1 000
Financial Costs	3 059 000	2 203 000	1 326 000	224 000
Financial Balance	−3 056 000	−2 203 000	−1 325 000	−223 000
Dividends	0	0	0	0
Net Income	−4 478 000	−2 915 000	−1 384 000	−352 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	52 102 000	52 692 000	87 077 000	34 827 000
Machinery and Plant Facilities	59 633 000	58 956 000	0	0
Fixtures	0	0	0	0
Total Tangible Assets	111 735 000	111 649 000	87 077 000	34 827 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	111 735 000	111 649 000	87 077 000	34 827 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	10 000	1 679 000	84 000	106 000
Total Current Assets	63 000	2 062 000	2 399 000	2 965 000
Total Assets	111 798 000	113 711 000	89 475 000	37 792 000
Total Equity	5 621 000	10 099 000	13 014 000	14 399 000
Short-Term Group Debt	13 238 000	13 165 000	15 974 000	3 265 000
Total Long-Term Debt	85 040 000	75 000 000	58 205 000	12 624 000
Creditors	7 595 000	7 087 000	2 282 000	7 504 000
Unpaid Taxes	50 000	173 000	0	0
Dividends	0	0	0	0
Other Current Debt	253 000	8 187 000	0	0
Total Current Debt	21 137 000	28 612 000	18 256 000	10 769 000
Total Equity and Debt	111 798 000	113 711 000	89 475 000	37 792 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−79,67 %	−28,86 %	−10,63 %	−2,44 %
Debt-to-Equity Ratio	15,13	7,43	4,47	0,88
Operating Profit Margin	−44,99 %	−41,06 %	-	-
Current Ratio	0	0,07	0,13	0,28
Quick Ratio	0	0,07	0,13	0,28
Equity Ratio	0,05	0,09	0,15	0,38
Gross Profit Margin	100 %	100 %	-	-