KARSTAD MINIKRAFTVERK AS

6818 HAUKEDALEN

Finances

Share Ownership

Return on Equity

−6,32 %

Current Ratio

4,54

Debt-to-Equity Ratio

3,93

Key figures (NOK)	2022	2021	2020	2019
Revenue	569 000	737 000	164 000	918 000
Net Income	−69 000	44 000	−285 000	44 000
Total Assets	5 423 000	5 677 000	5 755 000	6 163 000
Total Equity	1 091 000	1 160 000	1 116 000	1 401 000

Income (NOK)	2022	2021	2020	2019
Revenue	569 000	737 000	164 000	918 000
Expenditure	405 000	401 000	331 000	645 000
Operating Profit	164 000	337 000	−167 000	273 000
Financial Income	0	0	1 000	0
Financial Costs	233 000	188 000	200 000	217 000
Financial Balance	−233 000	−188 000	−199 000	−217 000
Earnings Before Tax	−69 000	149 000	−366 000	56 000
Tax	0	105 000	−81 000	13 000
Net Income	−69 000	44 000	−285 000	44 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 214 000	5 384 000	5 659 000	5 749 000
Total Current Assets	209 000	292 000	96 000	414 000
Total Assets	5 423 000	5 677 000	5 755 000	6 163 000
Total Retained Equity	440 000	509 000	465 000	750 000
Total Equity	1 091 000	1 160 000	1 116 000	1 401 000
Total Long-Term Debt	4 286 000	4 454 000	4 621 000	4 710 000
Total Current Debt	46 000	63 000	18 000	52 000
Total Equity and Debt	5 423 000	5 677 000	5 755 000	6 163 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	579 000	738 000	245 000	808 000
Other Income	−10 000	−1 000	−81 000	110 000
Revenue	569 000	737 000	164 000	918 000
Cost of Goods Sold	60 000	75 000	37 000	291 000
Salary Costs	0	0	0	0
Depreciation	170 000	170 000	170 000	170 000
Impairment	0	0	0	0
Expenditure	405 000	401 000	331 000	645 000
Operating Profit	164 000	337 000	−167 000	273 000
Financial Income	0	0	1 000	0
Financial Costs	233 000	188 000	200 000	217 000
Financial Balance	−233 000	−188 000	−199 000	−217 000
Dividends	0	0	0	0
Net Income	−69 000	44 000	−285 000	44 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	105 000	25 000
Real Eastate	1 440 000	1 515 000	5 554 000	5 724 000
Machinery and Plant Facilities	3 775 000	3 870 000	0	0
Fixtures	0	0	0	0
Total Tangible Assets	5 214 000	5 384 000	5 554 000	5 724 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 214 000	5 384 000	5 659 000	5 749 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	149 000	193 000	52 000	251 000
Total Current Assets	209 000	292 000	96 000	414 000
Total Assets	5 423 000	5 677 000	5 755 000	6 163 000
Total Equity	1 091 000	1 160 000	1 116 000	1 401 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 286 000	4 454 000	4 621 000	4 710 000
Creditors	17 000	24 000	0	4 000
Unpaid Taxes	24 000	35 000	8 000	12 000
Dividends	0	0	0	0
Other Current Debt	6 000	4 000	9 000	10 000
Total Current Debt	46 000	63 000	18 000	52 000
Total Equity and Debt	5 423 000	5 677 000	5 755 000	6 163 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,32 %	3,79 %	−25,54 %	3,14 %
Debt-to-Equity Ratio	3,93	3,84	4,14	3,36
Operating Profit Margin	28,82 %	45,73 %	−101,83 %	29,74 %
Current Ratio	4,54	4,63	5,33	7,96
Quick Ratio	4,54	4,63	5,33	7,96
Equity Ratio	0,2	0,2	0,19	0,23
Gross Profit Margin	89,46 %	89,82 %	77,44 %	68,3 %