KVERNFOSSEN KRAFT AS

0160 OSLO

Finances

Share Ownership

Return on Equity

−1,59 %

Current Ratio

0,02

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 619 000	1 165 000	0	0
Net Income	−216 000	−154 000	−41 000	−57 000
Total Assets	45 645 000	46 427 000	38 091 000	27 130 000
Total Equity	13 546 000	13 761 000	13 916 000	13 957 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 619 000	1 165 000	0	0
Expenditure	1 938 000	985 000	55 000	86 000
Operating Profit	680 000	181 000	−55 000	−86 000
Financial Income	17 000	5 000	10 000	19 000
Financial Costs	973 000	383 000	8 000	5 000
Financial Balance	−956 000	−378 000	2 000	14 000
Earnings Before Tax	−276 000	−198 000	−53 000	−73 000
Tax	−61 000	−44 000	−12 000	−16 000
Net Income	−216 000	−154 000	−41 000	−57 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	44 845 000	45 114 000	34 956 000	25 304 000
Total Current Assets	799 000	1 314 000	3 134 000	1 827 000
Total Assets	45 645 000	46 427 000	38 091 000	27 130 000
Total Retained Equity	−454 000	−239 000	−84 000	−43 000
Total Equity	13 546 000	13 761 000	13 916 000	13 957 000
Total Long-Term Debt	0	25 739 000	24 125 000	10 141 000
Total Current Debt	32 099 000	6 927 000	51 000	3 032 000
Total Equity and Debt	45 645 000	46 427 000	38 091 000	27 130 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 619 000	1 165 000	0	0
Other Income	0	0	0	0
Revenue	2 619 000	1 165 000	0	0
Cost of Goods Sold	28 000	201 000	0	0
Salary Costs	0	0	0	0
Depreciation	983 000	244 000	0	0
Impairment	0	0	0	0
Expenditure	1 938 000	985 000	55 000	86 000
Operating Profit	680 000	181 000	−55 000	−86 000
Financial Income	17 000	5 000	10 000	19 000
Financial Costs	973 000	383 000	8 000	5 000
Financial Balance	−956 000	−378 000	2 000	14 000
Dividends	0	0	0	0
Net Income	−216 000	−154 000	−41 000	−57 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	132 000	71 000	28 000	16 000
Real Eastate	0	0	34 929 000	25 288 000
Machinery and Plant Facilities	44 713 000	45 042 000	0	0
Fixtures	0	0	0	0
Total Tangible Assets	44 713 000	45 042 000	34 929 000	25 288 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	44 845 000	45 114 000	34 956 000	25 304 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	972 000	3 016 000	725 000
Total Current Assets	799 000	1 314 000	3 134 000	1 827 000
Total Assets	45 645 000	46 427 000	38 091 000	27 130 000
Total Equity	13 546 000	13 761 000	13 916 000	13 957 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	25 739 000	24 125 000	10 141 000
Creditors	274 000	223 000	51 000	3 002 000
Unpaid Taxes	215 000	85 000	0	0
Dividends	0	0	0	0
Other Current Debt	31 610 000	6 619 000	0	30 000
Total Current Debt	32 099 000	6 927 000	51 000	3 032 000
Total Equity and Debt	45 645 000	46 427 000	38 091 000	27 130 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,59 %	−1,12 %	−0,29 %	−0,41 %
Debt-to-Equity Ratio	0	1,87	1,73	0,73
Operating Profit Margin	25,96 %	15,54 %	-	-
Current Ratio	0,02	0,19	61,45	0,6
Quick Ratio	0,02	0,19	61,45	0,6
Equity Ratio	0,3	0,3	0,37	0,51
Gross Profit Margin	98,93 %	82,75 %	-	-