FORSØGET HAUGAELVA SMÅKRAFTVERK AS

5451 VALEN

Finances

Share Ownership

Return on Equity

44,62 %

Current Ratio

2,55

Debt-to-Equity Ratio

1,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 091 000	2 843 000	664 000	1 690 000
Net Income	2 946 000	1 314 000	−500 000	237 000
Total Assets	17 673 000	13 673 000	11 463 000	11 867 000
Total Equity	6 602 000	3 656 000	500 000	1 000 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 091 000	2 843 000	664 000	1 690 000
Expenditure	1 006 000	957 000	834 000	841 000
Operating Profit	4 085 000	1 884 000	−170 000	803 000
Financial Income	17 000	0	2 000	1 000
Financial Costs	371 000	357 000	338 000	494 000
Financial Balance	−354 000	−357 000	−336 000	−493 000
Earnings Before Tax	3 730 000	1 527 000	−507 000	310 000
Tax	784 000	212 000	−6 000	73 000
Net Income	2 946 000	1 314 000	−500 000	237 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 876 000	10 827 000	11 173 000	11 518 000
Total Current Assets	6 797 000	2 846 000	291 000	349 000
Total Assets	17 673 000	13 673 000	11 463 000	11 867 000
Total Retained Equity	2 618 000	−329 000	−1 643 000	−1 143 000
Total Equity	6 602 000	3 656 000	500 000	1 000 000
Total Long-Term Debt	8 409 000	8 194 000	9 562 000	9 613 000
Total Current Debt	2 662 000	1 824 000	1 402 000	1 254 000
Total Equity and Debt	17 673 000	13 673 000	11 463 000	11 867 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 091 000	2 843 000	664 000	1 690 000
Other Income	0	0	0	0
Revenue	5 091 000	2 843 000	664 000	1 690 000
Cost of Goods Sold	1 000	0	0	0
Salary Costs	0	0	0	0
Depreciation	285 000	345 000	345 000	345 000
Impairment	0	0	0	0
Expenditure	1 006 000	957 000	834 000	841 000
Operating Profit	4 085 000	1 884 000	−170 000	803 000
Financial Income	17 000	0	2 000	1 000
Financial Costs	371 000	357 000	338 000	494 000
Financial Balance	−354 000	−357 000	−336 000	−493 000
Dividends	0	0	0	0
Net Income	2 946 000	1 314 000	−500 000	237 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 189 000	4 301 000	4 414 000	4 526 000
Machinery and Plant Facilities	6 293 000	6 526 000	6 759 000	6 992 000
Fixtures	0	0	0	0
Total Tangible Assets	10 482 000	10 827 000	11 173 000	11 518 000
Total Fiancial Fixed Assets	394 000	0	0	0
Total Fixed Assets	10 876 000	10 827 000	11 173 000	11 518 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 686 000	2 213 000	71 000	2 000
Total Current Assets	6 797 000	2 846 000	291 000	349 000
Total Assets	17 673 000	13 673 000	11 463 000	11 867 000
Total Equity	6 602 000	3 656 000	500 000	1 000 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 409 000	8 194 000	9 562 000	9 613 000
Creditors	92 000	97 000	251 000	−23 000
Unpaid Taxes	420 000	150 000	12 000	97 000
Dividends	0	0	0	0
Other Current Debt	1 460 000	1 340 000	1 138 000	1 173 000
Total Current Debt	2 662 000	1 824 000	1 402 000	1 254 000
Total Equity and Debt	17 673 000	13 673 000	11 463 000	11 867 000

Financial indicators	2022	2021	2020	2019
Return on Equity	44,62 %	35,94 %	−100 %	23,7 %
Debt-to-Equity Ratio	1,27	2,24	19,12	9,61
Operating Profit Margin	80,24 %	66,27 %	−25,6 %	47,51 %
Current Ratio	2,55	1,56	0,21	0,28
Quick Ratio	2,55	1,56	0,21	0,28
Equity Ratio	0,37	0,27	0,04	0,08
Gross Profit Margin	99,98 %	100 %	100 %	100 %