POWER HOLDING AS

2010 STRØMMEN

Finances

Return on Equity

−22,5 %

Current Ratio

0,28

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	233 000	37 000	84 000	545 000
Net Income	9 000	−1 000	0	−135 000
Total Assets	288 000	327 000	293 000	385 000
Total Equity	−40 000	−48 000	−47 000	−47 000

Income (NOK)	2022	2021	2020	2019
Revenue	233 000	37 000	84 000	545 000
Expenditure	225 000	39 000	85 000	660 000
Operating Profit	8 000	−1 000	0	−115 000
Financial Income	1 000	0	0	0
Financial Costs	0	0	0	20 000
Financial Balance	1 000	0	0	−20 000
Earnings Before Tax	9 000	−1 000	0	−135 000
Tax	0	0	0	0
Net Income	9 000	−1 000	0	−135 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	195 000	300 000	286 000	382 000
Total Current Assets	93 000	27 000	7 000	3 000
Total Assets	288 000	327 000	293 000	385 000
Total Retained Equity	−140 000	−148 000	−147 000	−147 000
Total Equity	−40 000	−48 000	−47 000	−47 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	327 000	375 000	340 000	432 000
Total Equity and Debt	288 000	327 000	293 000	385 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	233 000	37 000	84 000	545 000
Other Income	0	0	0	0
Revenue	233 000	37 000	84 000	545 000
Cost of Goods Sold	19 000	0	26 000	6 000
Salary Costs	1 000	0	1 000	512 000
Depreciation	5 000	0	0	0
Impairment	0	0	0	0
Expenditure	225 000	39 000	85 000	660 000
Operating Profit	8 000	−1 000	0	−115 000
Financial Income	1 000	0	0	0
Financial Costs	0	0	0	20 000
Financial Balance	1 000	0	0	−20 000
Dividends	0	0	0	0
Net Income	9 000	−1 000	0	−135 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	67 000	67 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	73 000	0	0	0
Total Tangible Assets	140 000	67 000	0	0
Total Fiancial Fixed Assets	56 000	233 000	286 000	382 000
Total Fixed Assets	195 000	300 000	286 000	382 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	7 000	2 000	3 000	0
Total Current Assets	93 000	27 000	7 000	3 000
Total Assets	288 000	327 000	293 000	385 000
Total Equity	−40 000	−48 000	−47 000	−47 000
Short-Term Group Debt	67 000	67 000	67 000	68 000
Total Long-Term Debt	0	0	0	0
Creditors	193 000	132 000	97 000	79 000
Unpaid Taxes	67 000	166 000	176 000	187 000
Dividends	0	0	0	0
Other Current Debt	0	10 000	0	98 000
Total Current Debt	327 000	375 000	340 000	432 000
Total Equity and Debt	288 000	327 000	293 000	385 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−22,5 %	2,08 %	−0 %	287,23 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	3,43 %	−2,7 %	0 %	−21,1 %
Current Ratio	0,28	0,07	0,02	0,01
Quick Ratio	0,28	0,07	0,02	0,01
Equity Ratio	−0,14	−0,15	−0,16	−0,12
Gross Profit Margin	91,85 %	100 %	69,05 %	98,9 %