SJØLSETKRAFT AS

6600 SUNNDALSØRA

Finances

Share Ownership

Return on Equity

23,94 %

Current Ratio

0,07

Debt-to-Equity Ratio

−2,48

Key figures (NOK)	2022	2021	2020	2019
Revenue	323 000	348 000	119 000	502 000
Net Income	−360 000	−273 000	−385 000	−110 000
Total Assets	2 382 000	2 586 000	2 678 000	2 861 000
Total Equity	−1 504 000	−1 143 000	−1 176 000	−791 000

Income (NOK)	2022	2021	2020	2019
Revenue	323 000	348 000	119 000	502 000
Expenditure	418 000	407 000	286 000	392 000
Operating Profit	−94 000	−59 000	−167 000	110 000
Financial Income	0	0	0	0
Financial Costs	266 000	214 000	218 000	220 000
Financial Balance	−266 000	−214 000	−218 000	−220 000
Earnings Before Tax	−360 000	−273 000	−385 000	−110 000
Tax	0	0	0	0
Net Income	−360 000	−273 000	−385 000	−110 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 371 000	2 522 000	2 672 000	2 823 000
Total Current Assets	11 000	65 000	6 000	38 000
Total Assets	2 382 000	2 586 000	2 678 000	2 861 000
Total Retained Equity	−2 011 000	−1 650 000	−1 683 000	−1 298 000
Total Equity	−1 504 000	−1 143 000	−1 176 000	−791 000
Total Long-Term Debt	3 724 000	3 624 000	3 411 000	3 286 000
Total Current Debt	162 000	106 000	444 000	366 000
Total Equity and Debt	2 382 000	2 586 000	2 678 000	2 861 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	323 000	348 000	119 000	502 000
Other Income	0	0	0	0
Revenue	323 000	348 000	119 000	502 000
Cost of Goods Sold	27 000	68 000	18 000	41 000
Salary Costs	0	0	0	0
Depreciation	151 000	151 000	151 000	150 000
Impairment	0	0	0	0
Expenditure	418 000	407 000	286 000	392 000
Operating Profit	−94 000	−59 000	−167 000	110 000
Financial Income	0	0	0	0
Financial Costs	266 000	214 000	218 000	220 000
Financial Balance	−266 000	−214 000	−218 000	−220 000
Dividends	0	0	0	0
Net Income	−360 000	−273 000	−385 000	−110 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	222 000	222 000	222 000	148 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 149 000	2 300 000	2 451 000	2 675 000
Total Tangible Assets	2 371 000	2 522 000	2 672 000	2 823 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 371 000	2 522 000	2 672 000	2 823 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 000	1 000	2 000	9 000
Total Current Assets	11 000	65 000	6 000	38 000
Total Assets	2 382 000	2 586 000	2 678 000	2 861 000
Total Equity	−1 504 000	−1 143 000	−1 176 000	−791 000
Short-Term Group Debt	35 000	0	0	0
Total Long-Term Debt	3 724 000	3 624 000	3 411 000	3 286 000
Creditors	85 000	89 000	73 000	61 000
Unpaid Taxes	9 000	11 000	1 000	11 000
Dividends	0	0	0	0
Other Current Debt	12 000	0	294 000	294 000
Total Current Debt	162 000	106 000	444 000	366 000
Total Equity and Debt	2 382 000	2 586 000	2 678 000	2 861 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,94 %	23,88 %	32,74 %	13,91 %
Debt-to-Equity Ratio	−2,48	−3,17	−2,9	−4,15
Operating Profit Margin	−29,1 %	−16,95 %	−140,34 %	21,91 %
Current Ratio	0,07	0,61	0,01	0,1
Quick Ratio	0,07	0,61	0,01	0,1
Equity Ratio	−0,63	−0,44	−0,44	−0,28
Gross Profit Margin	91,64 %	80,46 %	84,87 %	91,83 %