ALVIN DRAGE AS

6770 NORDFJORDEID

Finances

Share Ownership

Return on Equity

53,2 %

Current Ratio

1,5

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 184 000	5 319 000	3 211 000	2 879 000
Net Income	1 281 000	807 000	151 000	15 000
Total Assets	3 861 000	2 997 000	2 467 000	3 228 000
Total Equity	2 408 000	1 627 000	1 020 000	1 369 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 184 000	5 319 000	3 211 000	2 879 000
Expenditure	7 561 000	4 295 000	2 947 000	2 763 000
Operating Profit	1 622 000	1 025 000	264 000	116 000
Financial Income	13 000	8 000	10 000	6 000
Financial Costs	16 000	38 000	65 000	71 000
Financial Balance	−3 000	−30 000	−55 000	−65 000
Earnings Before Tax	1 619 000	995 000	208 000	51 000
Tax	338 000	188 000	57 000	36 000
Net Income	1 281 000	807 000	151 000	15 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 677 000	937 000	713 000	951 000
Total Current Assets	2 184 000	2 060 000	1 754 000	2 276 000
Total Assets	3 861 000	2 997 000	2 467 000	3 228 000
Total Retained Equity	2 308 000	1 527 000	920 000	1 269 000
Total Equity	2 408 000	1 627 000	1 020 000	1 369 000
Total Long-Term Debt	0	589 000	1 034 000	1 352 000
Total Current Debt	1 452 000	781 000	412 000	507 000
Total Equity and Debt	3 861 000	2 997 000	2 467 000	3 228 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 384 000	5 319 000	3 209 000	2 827 000
Other Income	−200 000	0	2 000	53 000
Revenue	9 184 000	5 319 000	3 211 000	2 879 000
Cost of Goods Sold	2 992 000	1 992 000	1 290 000	1 065 000
Salary Costs	1 179 000	284 000	233 000	164 000
Depreciation	410 000	192 000	323 000	468 000
Impairment	0	0	37 000	0
Expenditure	7 561 000	4 295 000	2 947 000	2 763 000
Operating Profit	1 622 000	1 025 000	264 000	116 000
Financial Income	13 000	8 000	10 000	6 000
Financial Costs	16 000	38 000	65 000	71 000
Financial Balance	−3 000	−30 000	−55 000	−65 000
Dividends	500 000	200 000	500 000	450 000
Net Income	1 281 000	807 000	151 000	15 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 677 000	937 000	713 000	951 000
Total Tangible Assets	1 677 000	937 000	713 000	951 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 677 000	937 000	713 000	951 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	898 000	1 414 000	1 563 000	1 787 000
Total Current Assets	2 184 000	2 060 000	1 754 000	2 276 000
Total Assets	3 861 000	2 997 000	2 467 000	3 228 000
Total Equity	2 408 000	1 627 000	1 020 000	1 369 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	589 000	1 034 000	1 352 000
Creditors	584 000	344 000	222 000	202 000
Unpaid Taxes	213 000	205 000	97 000	105 000
Dividends	500 000	200 000	500 000	450 000
Other Current Debt	318 000	44 000	36 000	163 000
Total Current Debt	1 452 000	781 000	412 000	507 000
Total Equity and Debt	3 861 000	2 997 000	2 467 000	3 228 000

Financial indicators	2022	2021	2020	2019
Return on Equity	53,2 %	49,6 %	14,8 %	1,1 %
Debt-to-Equity Ratio	0	0,36	1,01	0,99
Operating Profit Margin	17,66 %	19,27 %	8,22 %	4,03 %
Current Ratio	1,5	2,64	4,26	4,49
Quick Ratio	1,5	2,64	4,26	4,49
Equity Ratio	0,62	0,54	0,41	0,42
Gross Profit Margin	67,42 %	62,55 %	59,83 %	63,01 %