THE BOLDER EXPERIENCE AS

4331 ÅLGÅRD

Finances

Return on Equity

−20,02 %

Current Ratio

0,06

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 330 000	2 485 000	893 000	0
Net Income	−402 000	508 000	36 000	−125 000
Total Assets	27 762 000	11 653 000	12 067 000	10 215 000
Total Equity	2 008 000	2 011 000	1 503 000	1 150 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 330 000	2 485 000	893 000	0
Expenditure	2 844 000	1 829 000	890 000	124 000
Operating Profit	−514 000	656 000	4 000	−124 000
Financial Income	0	0	0	0
Financial Costs	2 000	2 000	2 000	0
Financial Balance	−2 000	−2 000	−2 000	0
Earnings Before Tax	−516 000	654 000	2 000	−125 000
Tax	−114 000	145 000	−34 000	0
Net Income	−402 000	508 000	36 000	−125 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	26 266 000	11 291 000	11 158 000	10 121 000
Total Current Assets	1 496 000	363 000	909 000	94 000
Total Assets	27 762 000	11 653 000	12 067 000	10 215 000
Total Retained Equity	106 000	508 000	0	−150 000
Total Equity	2 008 000	2 011 000	1 503 000	1 150 000
Total Long-Term Debt	65 000	66 000	55 000	0
Total Current Debt	25 689 000	9 576 000	10 509 000	9 064 000
Total Equity and Debt	27 762 000	11 653 000	12 067 000	10 215 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 330 000	2 485 000	893 000	0
Other Income	0	0	0	0
Revenue	2 330 000	2 485 000	893 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	339 000	244 000	110 000	0
Depreciation	356 000	342 000	143 000	0
Impairment	0	0	0	0
Expenditure	2 844 000	1 829 000	890 000	124 000
Operating Profit	−514 000	656 000	4 000	−124 000
Financial Income	0	0	0	0
Financial Costs	2 000	2 000	2 000	0
Financial Balance	−2 000	−2 000	−2 000	0
Dividends	0	0	0	0
Net Income	−402 000	508 000	36 000	−125 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	24 055 000	10 477 000	10 443 000	10 121 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 210 000	812 000	714 000	0
Total Tangible Assets	26 265 000	11 290 000	11 157 000	10 121 000
Total Fiancial Fixed Assets	1 000	1 000	1 000	0
Total Fixed Assets	26 266 000	11 291 000	11 158 000	10 121 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	75 000	328 000	406 000	15 000
Total Current Assets	1 496 000	363 000	909 000	94 000
Total Assets	27 762 000	11 653 000	12 067 000	10 215 000
Total Equity	2 008 000	2 011 000	1 503 000	1 150 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	65 000	66 000	55 000	0
Creditors	2 327 000	571 000	1 067 000	764 000
Unpaid Taxes	44 000	11 000	16 000	0
Dividends	0	0	0	0
Other Current Debt	23 318 000	8 860 000	9 425 000	8 300 000
Total Current Debt	25 689 000	9 576 000	10 509 000	9 064 000
Total Equity and Debt	27 762 000	11 653 000	12 067 000	10 215 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−20,02 %	25,26 %	2,4 %	−10,87 %
Debt-to-Equity Ratio	0,03	0,03	0,04	0
Operating Profit Margin	−22,06 %	26,4 %	0,45 %	-
Current Ratio	0,06	0,04	0,09	0,01
Quick Ratio	0,06	0,04	0,09	0,01
Equity Ratio	0,07	0,17	0,12	0,11
Gross Profit Margin	100 %	100 %	100 %	-