KJØRSTAD KRAFT AS

6770 NORDFJORDEID

Finances

Share Ownership

Return on Equity

−12,83 %

Current Ratio

1,45

Debt-to-Equity Ratio

29,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 673 000	1 838 000	564 000	2 739 000
Net Income	−82 000	134 000	−830 000	682 000
Total Assets	19 639 000	20 534 000	20 766 000	22 300 000
Total Equity	639 000	721 000	588 000	1 417 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 673 000	1 838 000	564 000	2 739 000
Expenditure	987 000	958 000	837 000	1 068 000
Operating Profit	686 000	881 000	−272 000	1 671 000
Financial Income	0	0	4 000	10 000
Financial Costs	791 000	726 000	779 000	869 000
Financial Balance	−791 000	−726 000	−775 000	−859 000
Earnings Before Tax	−105 000	155 000	−1 048 000	812 000
Tax	−23 000	21 000	−218 000	130 000
Net Income	−82 000	134 000	−830 000	682 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	19 095 000	19 641 000	20 391 000	20 735 000
Total Current Assets	544 000	892 000	375 000	1 565 000
Total Assets	19 639 000	20 534 000	20 766 000	22 300 000
Total Retained Equity	536 000	618 000	484 000	1 314 000
Total Equity	639 000	721 000	588 000	1 417 000
Total Long-Term Debt	18 625 000	19 427 000	19 847 000	20 327 000
Total Current Debt	375 000	386 000	332 000	556 000
Total Equity and Debt	19 639 000	20 534 000	20 766 000	22 300 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 444 000	1 841 000	746 000	2 527 000
Other Income	228 000	−3 000	−182 000	211 000
Revenue	1 673 000	1 838 000	564 000	2 739 000
Cost of Goods Sold	147 000	145 000	87 000	89 000
Salary Costs	0	30 000	31 000	35 000
Depreciation	547 000	547 000	547 000	668 000
Impairment	0	0	0	0
Expenditure	987 000	958 000	837 000	1 068 000
Operating Profit	686 000	881 000	−272 000	1 671 000
Financial Income	0	0	4 000	10 000
Financial Costs	791 000	726 000	779 000	869 000
Financial Balance	−791 000	−726 000	−775 000	−859 000
Dividends	0	0	0	100 000
Net Income	−82 000	134 000	−830 000	682 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	203 000	0
Real Eastate	19 095 000	19 641 000	20 188 000	17 025 000
Machinery and Plant Facilities	0	0	0	3 710 000
Fixtures	0	0	0	0
Total Tangible Assets	19 095 000	19 641 000	20 188 000	20 735 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	19 095 000	19 641 000	20 391 000	20 735 000
Stock	12 000	27 000	29 000	211 000
Total Investments	0	0	0	0
Cash, Bank	206 000	625 000	259 000	1 147 000
Total Current Assets	544 000	892 000	375 000	1 565 000
Total Assets	19 639 000	20 534 000	20 766 000	22 300 000
Total Equity	639 000	721 000	588 000	1 417 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	18 625 000	19 427 000	19 847 000	20 327 000
Creditors	28 000	25 000	11 000	24 000
Unpaid Taxes	42 000	87 000	22 000	69 000
Dividends	0	0	0	100 000
Other Current Debt	305 000	254 000	299 000	178 000
Total Current Debt	375 000	386 000	332 000	556 000
Total Equity and Debt	19 639 000	20 534 000	20 766 000	22 300 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−12,83 %	18,59 %	−141,16 %	48,13 %
Debt-to-Equity Ratio	29,15	26,94	33,75	14,35
Operating Profit Margin	41 %	47,93 %	−48,23 %	61,01 %
Current Ratio	1,45	2,31	1,13	2,81
Quick Ratio	1,5	2,48	1,24	4,54
Equity Ratio	0,03	0,04	0,03	0,06
Gross Profit Margin	91,21 %	92,11 %	84,57 %	96,75 %