KVANGREELVA KRAFTVERK AS

6910 FLORØ

Finances

Share Ownership

Return on Equity

737,5 %

Current Ratio

0,1

Debt-to-Equity Ratio

−192,36

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 047 000	533 000	248 000	1 139 000
Net Income	−413 000	−178 000	−491 000	68 000
Total Assets	12 198 000	12 362 000	12 499 000	12 970 000
Total Equity	−56 000	357 000	535 000	26 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 047 000	533 000	248 000	1 139 000
Expenditure	2 209 000	485 000	457 000	591 000
Operating Profit	−162 000	49 000	−208 000	549 000
Financial Income	4 000	0	0	0
Financial Costs	371 000	278 000	422 000	462 000
Financial Balance	−367 000	−278 000	−422 000	−462 000
Earnings Before Tax	−529 000	−229 000	−629 000	87 000
Tax	−116 000	−50 000	−138 000	19 000
Net Income	−413 000	−178 000	−491 000	68 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 045 000	12 197 000	12 416 000	12 546 000
Total Current Assets	153 000	165 000	84 000	424 000
Total Assets	12 198 000	12 362 000	12 499 000	12 970 000
Total Retained Equity	−2 060 000	−1 647 000	−1 469 000	−978 000
Total Equity	−56 000	357 000	535 000	26 000
Total Long-Term Debt	10 772 000	11 093 000	11 200 000	12 465 000
Total Current Debt	1 482 000	913 000	764 000	480 000
Total Equity and Debt	12 198 000	12 362 000	12 499 000	12 970 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	636 000	529 000	264 000	1 200 000
Other Income	1 411 000	4 000	−16 000	−61 000
Revenue	2 047 000	533 000	248 000	1 139 000
Cost of Goods Sold	68 000	85 000	57 000	76 000
Salary Costs	0	0	0	0
Depreciation	269 000	269 000	269 000	269 000
Impairment	0	0	0	0
Expenditure	2 209 000	485 000	457 000	591 000
Operating Profit	−162 000	49 000	−208 000	549 000
Financial Income	4 000	0	0	0
Financial Costs	371 000	278 000	422 000	462 000
Financial Balance	−367 000	−278 000	−422 000	−462 000
Dividends	0	0	0	0
Net Income	−413 000	−178 000	−491 000	68 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	593 000	477 000	426 000	288 000
Real Eastate	7 676 000	7 816 000	7 955 000	8 095 000
Machinery and Plant Facilities	3 776 000	3 905 000	4 034 000	4 163 000
Fixtures	0	0	0	0
Total Tangible Assets	11 452 000	11 721 000	11 989 000	12 258 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	12 045 000	12 197 000	12 416 000	12 546 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	130 000	114 000	42 000	323 000
Total Current Assets	153 000	165 000	84 000	424 000
Total Assets	12 198 000	12 362 000	12 499 000	12 970 000
Total Equity	−56 000	357 000	535 000	26 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 772 000	11 093 000	11 200 000	12 465 000
Creditors	5 000	7 000	9 000	161 000
Unpaid Taxes	15 000	17 000	4 000	12 000
Dividends	0	0	0	0
Other Current Debt	1 462 000	888 000	750 000	307 000
Total Current Debt	1 482 000	913 000	764 000	480 000
Total Equity and Debt	12 198 000	12 362 000	12 499 000	12 970 000

Financial indicators	2022	2021	2020	2019
Return on Equity	737,5 %	−49,86 %	−91,78 %	261,54 %
Debt-to-Equity Ratio	−192,36	31,07	20,93	479,42
Operating Profit Margin	−7,91 %	9,19 %	−83,87 %	48,2 %
Current Ratio	0,1	0,18	0,11	0,88
Quick Ratio	0,1	0,18	0,11	0,88
Equity Ratio	−0	0,03	0,04	0
Gross Profit Margin	96,68 %	84,05 %	77,02 %	93,33 %