MAGNE ALVSVÅG AS

5430 BREMNES

Finances

Return on Equity

−15,67 %

Current Ratio

166,46

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−1 904 000	1 595 000	4 517 000	474 000
Total Assets	12 226 000	15 377 000	14 961 000	11 480 000
Total Equity	12 154 000	15 058 000	14 662 000	11 146 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	663 000	505 000	471 000	409 000
Operating Profit	−663 000	−505 000	−470 000	−409 000
Financial Income	4 223 000	2 100 000	5 009 000	884 000
Financial Costs	5 463 000	0	22 000	1 000
Financial Balance	−1 240 000	2 100 000	4 987 000	883 000
Earnings Before Tax	−1 904 000	1 595 000	4 517 000	474 000
Tax	0	0	0	0
Net Income	−1 904 000	1 595 000	4 517 000	474 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	242 000	242 000	242 000	0
Total Current Assets	11 985 000	15 135 000	14 719 000	11 480 000
Total Assets	12 226 000	15 377 000	14 961 000	11 480 000
Total Retained Equity	8 357 000	10 261 000	9 866 000	6 349 000
Total Equity	12 154 000	15 058 000	14 662 000	11 146 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	72 000	319 000	299 000	335 000
Total Equity and Debt	12 226 000	15 377 000	14 961 000	11 480 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	479 000	430 000	394 000	333 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	663 000	505 000	471 000	409 000
Operating Profit	−663 000	−505 000	−470 000	−409 000
Financial Income	4 223 000	2 100 000	5 009 000	884 000
Financial Costs	5 463 000	0	22 000	1 000
Financial Balance	−1 240 000	2 100 000	4 987 000	883 000
Dividends	0	1 200 000	1 000 000	1 000 000
Net Income	−1 904 000	1 595 000	4 517 000	474 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	242 000	242 000	242 000	0
Total Fixed Assets	242 000	242 000	242 000	0
Stock	0	0	0	0
Total Investments	11 381 000	14 890 000	14 393 000	11 232 000
Cash, Bank	603 000	245 000	326 000	248 000
Total Current Assets	11 985 000	15 135 000	14 719 000	11 480 000
Total Assets	12 226 000	15 377 000	14 961 000	11 480 000
Total Equity	12 154 000	15 058 000	14 662 000	11 146 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 000	1 000	3 000	4 000
Unpaid Taxes	28 000	28 000	30 000	26 000
Dividends	0	1 200 000	1 000 000	1 000 000
Other Current Debt	41 000	290 000	266 000	305 000
Total Current Debt	72 000	319 000	299 000	335 000
Total Equity and Debt	12 226 000	15 377 000	14 961 000	11 480 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−15,67 %	10,59 %	30,81 %	4,25 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	166,46	47,45	49,23	34,27
Quick Ratio	166,46	47,45	49,23	34,27
Equity Ratio	0,99	0,98	0,98	0,97
Gross Profit Margin	-	-	-	-