SNEFJELLÅKRAFT AS

8517 NARVIK

Finances

Share Ownership

Return on Equity

−26,13 %

Current Ratio

0,41

Debt-to-Equity Ratio

3,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	839 000	1 582 000	692 000	2 553 000
Net Income	−1 559 000	−909 000	−1 795 000	−91 000
Total Assets	24 912 000	25 858 000	27 160 000	27 929 000
Total Equity	5 967 000	7 526 000	8 435 000	10 230 000

Income (NOK)	2022	2021	2020	2019
Revenue	839 000	1 582 000	692 000	2 553 000
Expenditure	1 698 000	1 807 000	1 897 000	2 018 000
Operating Profit	−858 000	−224 000	−1 205 000	535 000
Financial Income	3 000	0	9 000	4 000
Financial Costs	704 000	499 000	599 000	654 000
Financial Balance	−701 000	−499 000	−590 000	−650 000
Earnings Before Tax	−1 559 000	−723 000	−1 795 000	−114 000
Tax	0	187 000	0	−23 000
Net Income	−1 559 000	−909 000	−1 795 000	−91 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	24 687 000	25 094 000	25 852 000	27 854 000
Total Current Assets	224 000	765 000	1 308 000	75 000
Total Assets	24 912 000	25 858 000	27 160 000	27 929 000
Total Retained Equity	−4 932 000	−3 373 000	−2 463 000	−669 000
Total Equity	5 967 000	7 526 000	8 435 000	10 230 000
Total Long-Term Debt	18 397 000	17 907 000	18 550 000	17 267 000
Total Current Debt	548 000	426 000	175 000	432 000
Total Equity and Debt	24 912 000	25 858 000	27 160 000	27 929 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	839 000	1 582 000	670 000	2 553 000
Other Income	0	0	22 000	0
Revenue	839 000	1 582 000	692 000	2 553 000
Cost of Goods Sold	224 000	225 000	174 000	226 000
Salary Costs	0	0	0	0
Depreciation	589 000	589 000	620 000	620 000
Impairment	0	0	0	0
Expenditure	1 698 000	1 807 000	1 897 000	2 018 000
Operating Profit	−858 000	−224 000	−1 205 000	535 000
Financial Income	3 000	0	9 000	4 000
Financial Costs	704 000	499 000	599 000	654 000
Financial Balance	−701 000	−499 000	−590 000	−650 000
Dividends	0	0	0	0
Net Income	−1 559 000	−909 000	−1 795 000	−91 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	417 000	417 000	603 000	603 000
Real Eastate	24 260 000	24 660 000	25 249 000	27 110 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	24 260 000	24 660 000	25 249 000	27 110 000
Total Fiancial Fixed Assets	11 000	16 000	0	141 000
Total Fixed Assets	24 687 000	25 094 000	25 852 000	27 854 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	203 000	748 000	28 000	57 000
Total Current Assets	224 000	765 000	1 308 000	75 000
Total Assets	24 912 000	25 858 000	27 160 000	27 929 000
Total Equity	5 967 000	7 526 000	8 435 000	10 230 000
Short-Term Group Debt	158 000	60 000	0	0
Total Long-Term Debt	18 397 000	17 907 000	18 550 000	17 267 000
Creditors	169 000	10 000	52 000	141 000
Unpaid Taxes	0	8 000	0	11 000
Dividends	0	0	0	0
Other Current Debt	220 000	348 000	123 000	280 000
Total Current Debt	548 000	426 000	175 000	432 000
Total Equity and Debt	24 912 000	25 858 000	27 160 000	27 929 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−26,13 %	−12,08 %	−21,28 %	−0,89 %
Debt-to-Equity Ratio	3,08	2,38	2,2	1,69
Operating Profit Margin	−102,26 %	−14,16 %	−174,13 %	20,96 %
Current Ratio	0,41	1,8	7,47	0,17
Quick Ratio	0,41	1,8	7,47	0,17
Equity Ratio	0,24	0,29	0,31	0,37
Gross Profit Margin	73,3 %	85,78 %	74,86 %	91,15 %