LHI SOLARWIND HYDRO VOLDSETELVA 2645 AS

0273 OSLO

Finances

Share Ownership

Return on Equity

−6,59 %

Current Ratio

35,75

Debt-to-Equity Ratio

3,59

Key figures (EUR)	2022	2021	2020	2019
Revenue	262 000	403 000	157 000	530 000
Net Income	−88 000	78 000	−221 000	106 000
Total Assets	6 141 000	6 274 000	5 910 000	6 386 000
Total Equity	1 336 000	1 424 000	1 058 000	1 279 000

Income (EUR)	2022	2021	2020	2019
Revenue	262 000	403 000	157 000	530 000
Expenditure	286 000	296 000	324 000	390 000
Operating Profit	−23 000	107 000	−167 000	141 000
Financial Income	0	19 000	0	12 000
Financial Costs	65 000	47 000	55 000	47 000
Financial Balance	−65 000	−28 000	−55 000	−35 000
Earnings Before Tax	−88 000	78 000	−221 000	106 000
Tax	0	0	0	0
Net Income	−88 000	78 000	−221 000	106 000

Balance (EUR)	2022	2021	2020	2019
Total Fixed Assets	5 569 000	5 448 000	5 277 000	5 446 000
Total Current Assets	572 000	827 000	633 000	939 000
Total Assets	6 141 000	6 274 000	5 910 000	6 386 000
Total Retained Equity	283 000	371 000	5 000	227 000
Total Equity	1 336 000	1 424 000	1 058 000	1 279 000
Total Long-Term Debt	4 790 000	4 775 000	4 775 000	4 975 000
Total Current Debt	16 000	75 000	77 000	131 000
Total Equity and Debt	6 141 000	6 274 000	5 910 000	6 386 000

Cash flow (EUR)	2022	2021	2020	2019
Sales Income	262 000	403 000	157 000	530 000
Other Income	0	0	0	0
Revenue	262 000	403 000	157 000	530 000
Cost of Goods Sold	43 000	49 000	30 000	50 000
Salary Costs	0	0	0	0
Depreciation	118 000	118 000	169 000	155 000
Impairment	0	0	0	0
Expenditure	286 000	296 000	324 000	390 000
Operating Profit	−23 000	107 000	−167 000	141 000
Financial Income	0	19 000	0	12 000
Financial Costs	65 000	47 000	55 000	47 000
Financial Balance	−65 000	−28 000	−55 000	−35 000
Dividends	0	0	0	0
Net Income	−88 000	78 000	−221 000	106 000

Balance details (EUR)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 631 000	5 448 000	5 277 000	0
Machinery and Plant Facilities	1 699 000	0	0	5 446 000
Fixtures	0	0	0	0
Total Tangible Assets	5 330 000	5 448 000	5 277 000	5 446 000
Total Fiancial Fixed Assets	239 000	0	0	0
Total Fixed Assets	5 569 000	5 448 000	5 277 000	5 446 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	209 000	507 000	296 000	365 000
Total Current Assets	572 000	827 000	633 000	939 000
Total Assets	6 141 000	6 274 000	5 910 000	6 386 000
Total Equity	1 336 000	1 424 000	1 058 000	1 279 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 790 000	4 775 000	4 775 000	4 975 000
Creditors	8 000	12 000	12 000	39 000
Unpaid Taxes	1 000	6 000	0	1 000
Dividends	0	0	0	0
Other Current Debt	7 000	57 000	65 000	91 000
Total Current Debt	16 000	75 000	77 000	131 000
Total Equity and Debt	6 141 000	6 274 000	5 910 000	6 386 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,59 %	5,48 %	−20,89 %	8,29 %
Debt-to-Equity Ratio	3,59	3,35	4,51	3,89
Operating Profit Margin	−8,78 %	26,55 %	−106,37 %	26,6 %
Current Ratio	35,75	11,03	8,22	7,17
Quick Ratio	35,75	11,03	8,22	7,17
Equity Ratio	0,22	0,23	0,18	0,2
Gross Profit Margin	83,59 %	87,84 %	80,89 %	90,57 %