ÅSELVA KRAFT AS

6847 VASSENDEN

Finances

Share Ownership

Return on Equity

−17,55 %

Current Ratio

2,16

Debt-to-Equity Ratio

3,58

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 933 000	2 042 000	1 005 000	3 487 000
Net Income	−645 000	−197 000	−692 000	799 000
Total Assets	17 383 000	19 043 000	19 117 000	21 023 000
Total Equity	3 676 000	4 321 000	4 517 000	5 209 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 933 000	2 042 000	1 005 000	3 487 000
Expenditure	2 188 000	1 855 000	1 374 000	1 845 000
Operating Profit	−255 000	188 000	−369 000	1 642 000
Financial Income	23 000	21 000	20 000	20 000
Financial Costs	560 000	425 000	502 000	602 000
Financial Balance	−537 000	−404 000	−482 000	−582 000
Earnings Before Tax	−791 000	−216 000	−851 000	1 060 000
Tax	−146 000	−19 000	−159 000	261 000
Net Income	−645 000	−197 000	−692 000	799 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 224 000	16 822 000	17 420 000	17 842 000
Total Current Assets	1 160 000	2 221 000	1 697 000	3 180 000
Total Assets	17 383 000	19 043 000	19 117 000	21 023 000
Total Retained Equity	3 161 000	3 806 000	4 002 000	4 694 000
Total Equity	3 676 000	4 321 000	4 517 000	5 209 000
Total Long-Term Debt	13 171 000	13 976 000	14 487 000	14 916 000
Total Current Debt	537 000	746 000	112 000	897 000
Total Equity and Debt	17 383 000	19 043 000	19 117 000	21 023 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 933 000	2 042 000	884 000	3 487 000
Other Income	0	0	121 000	0
Revenue	1 933 000	2 042 000	1 005 000	3 487 000
Cost of Goods Sold	518 000	686 000	158 000	679 000
Salary Costs	143 000	143 000	222 000	143 000
Depreciation	598 000	598 000	595 000	595 000
Impairment	0	0	0	0
Expenditure	2 188 000	1 855 000	1 374 000	1 845 000
Operating Profit	−255 000	188 000	−369 000	1 642 000
Financial Income	23 000	21 000	20 000	20 000
Financial Costs	560 000	425 000	502 000	602 000
Financial Balance	−537 000	−404 000	−482 000	−582 000
Dividends	0	0	0	0
Net Income	−645 000	−197 000	−692 000	799 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	16 224 000	16 822 000	17 420 000	17 842 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	16 224 000	16 822 000	17 420 000	17 842 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	16 224 000	16 822 000	17 420 000	17 842 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	920 000	1 903 000	1 335 000	2 820 000
Total Current Assets	1 160 000	2 221 000	1 697 000	3 180 000
Total Assets	17 383 000	19 043 000	19 117 000	21 023 000
Total Equity	3 676 000	4 321 000	4 517 000	5 209 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	13 171 000	13 976 000	14 487 000	14 916 000
Creditors	37 000	66 000	12 000	20 000
Unpaid Taxes	47 000	131 000	37 000	59 000
Dividends	0	0	0	0
Other Current Debt	453 000	538 000	63 000	533 000
Total Current Debt	537 000	746 000	112 000	897 000
Total Equity and Debt	17 383 000	19 043 000	19 117 000	21 023 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−17,55 %	−4,56 %	−15,32 %	15,34 %
Debt-to-Equity Ratio	3,58	3,23	3,21	2,86
Operating Profit Margin	−13,19 %	9,21 %	−36,72 %	47,09 %
Current Ratio	2,16	2,98	15,15	3,55
Quick Ratio	2,16	2,98	15,15	3,55
Equity Ratio	0,21	0,23	0,24	0,25
Gross Profit Margin	73,2 %	66,41 %	84,28 %	80,53 %