ALVESETER AS

6815 FØRDE

Finances

Share Ownership

Return on Equity

5,05 %

Current Ratio

0,81

Debt-to-Equity Ratio

2,89

Key figures (NOK)	2022	2021	2020	2019
Revenue	865 000	610 000	535 000	523 000
Net Income	74 000	−24 000	−93 000	−136 000
Total Assets	6 381 000	6 437 000	6 389 000	6 578 000
Total Equity	1 465 000	191 000	215 000	308 000

Income (NOK)	2022	2021	2020	2019
Revenue	865 000	610 000	535 000	523 000
Expenditure	556 000	430 000	414 000	428 000
Operating Profit	310 000	179 000	121 000	95 000
Financial Income	0	0	0	0
Financial Costs	236 000	202 000	214 000	231 000
Financial Balance	−236 000	−202 000	−214 000	−231 000
Earnings Before Tax	74 000	−24 000	−93 000	−136 000
Tax	0	0	0	0
Net Income	74 000	−24 000	−93 000	−136 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 829 000	6 057 000	6 286 000	6 534 000
Total Current Assets	551 000	380 000	103 000	44 000
Total Assets	6 381 000	6 437 000	6 389 000	6 578 000
Total Retained Equity	−1 595 000	−1 669 000	−1 645 000	−1 552 000
Total Equity	1 465 000	191 000	215 000	308 000
Total Long-Term Debt	4 235 000	4 365 000	4 484 000	4 523 000
Total Current Debt	680 000	1 880 000	1 690 000	1 747 000
Total Equity and Debt	6 381 000	6 437 000	6 389 000	6 578 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	865 000	610 000	535 000	523 000
Revenue	865 000	610 000	535 000	523 000
Cost of Goods Sold	0	0	0	0
Salary Costs	24 000	13 000	2 000	0
Depreciation	228 000	228 000	247 000	248 000
Impairment	0	0	0	0
Expenditure	556 000	430 000	414 000	428 000
Operating Profit	310 000	179 000	121 000	95 000
Financial Income	0	0	0	0
Financial Costs	236 000	202 000	214 000	231 000
Financial Balance	−236 000	−202 000	−214 000	−231 000
Dividends	0	0	0	0
Net Income	74 000	−24 000	−93 000	−136 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 829 000	6 057 000	6 285 000	6 513 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	20 000
Total Tangible Assets	5 829 000	6 057 000	6 286 000	6 533 000
Total Fiancial Fixed Assets	0	0	0	1 000
Total Fixed Assets	5 829 000	6 057 000	6 286 000	6 534 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	514 000	375 000	95 000	23 000
Total Current Assets	551 000	380 000	103 000	44 000
Total Assets	6 381 000	6 437 000	6 389 000	6 578 000
Total Equity	1 465 000	191 000	215 000	308 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 235 000	4 365 000	4 484 000	4 523 000
Creditors	207 000	182 000	183 000	181 000
Unpaid Taxes	19 000	31 000	1 000	0
Dividends	0	0	0	0
Other Current Debt	454 000	1 668 000	1 506 000	1 566 000
Total Current Debt	680 000	1 880 000	1 690 000	1 747 000
Total Equity and Debt	6 381 000	6 437 000	6 389 000	6 578 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,05 %	−12,57 %	−43,26 %	−44,16 %
Debt-to-Equity Ratio	2,89	22,85	20,86	14,69
Operating Profit Margin	35,84 %	29,34 %	22,62 %	18,16 %
Current Ratio	0,81	0,2	0,06	0,03
Quick Ratio	0,81	0,2	0,06	0,03
Equity Ratio	0,23	0,03	0,03	0,05
Gross Profit Margin	100 %	100 %	100 %	100 %