ÅLESUND AUTO AS

6018 ÅLESUND

Finances

Return on Equity

76,27 %

Current Ratio

1,78

Debt-to-Equity Ratio

0,76

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 867 000	4 823 000	3 942 000	3 150 000
Net Income	482 000	64 000	16 000	295 000
Total Assets	1 761 000	993 000	584 000	977 000
Total Equity	632 000	149 000	85 000	69 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 867 000	4 823 000	3 942 000	3 150 000
Expenditure	6 202 000	4 731 000	3 917 000	2 888 000
Operating Profit	655 000	92 000	25 000	262 000
Financial Income	4 000	0	1 000	5 000
Financial Costs	40 000	11 000	4 000	17 000
Financial Balance	−36 000	−11 000	−3 000	−12 000
Earnings Before Tax	619 000	82 000	21 000	250 000
Tax	136 000	18 000	5 000	−45 000
Net Income	482 000	64 000	16 000	295 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	600 000	611 000	114 000	45 000
Total Current Assets	1 162 000	382 000	470 000	932 000
Total Assets	1 761 000	993 000	584 000	977 000
Total Retained Equity	600 000	118 000	54 000	38 000
Total Equity	632 000	149 000	85 000	69 000
Total Long-Term Debt	479 000	503 000	0	229 000
Total Current Debt	651 000	341 000	499 000	679 000
Total Equity and Debt	1 761 000	993 000	584 000	977 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 866 000	4 823 000	3 942 000	3 150 000
Other Income	1 000	0	0	0
Revenue	6 867 000	4 823 000	3 942 000	3 150 000
Cost of Goods Sold	4 896 000	3 539 000	3 414 000	1 983 000
Salary Costs	331 000	274 000	0	26 000
Depreciation	33 000	29 000	6 000	0
Impairment	0	0	0	0
Expenditure	6 202 000	4 731 000	3 917 000	2 888 000
Operating Profit	655 000	92 000	25 000	262 000
Financial Income	4 000	0	1 000	5 000
Financial Costs	40 000	11 000	4 000	17 000
Financial Balance	−36 000	−11 000	−3 000	−12 000
Dividends	0	0	0	0
Net Income	482 000	64 000	16 000	295 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	23 000	41 000	45 000
Real Eastate	20 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	543 000	551 000	37 000	0
Total Tangible Assets	563 000	551 000	37 000	0
Total Fiancial Fixed Assets	36 000	36 000	36 000	0
Total Fixed Assets	600 000	611 000	114 000	45 000
Stock	85 000	95 000	134 000	180 000
Total Investments	0	0	0	0
Cash, Bank	696 000	77 000	3 000	3 000
Total Current Assets	1 162 000	382 000	470 000	932 000
Total Assets	1 761 000	993 000	584 000	977 000
Total Equity	632 000	149 000	85 000	69 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	479 000	503 000	0	229 000
Creditors	295 000	157 000	360 000	124 000
Unpaid Taxes	250 000	177 000	57 000	95 000
Dividends	0	0	0	0
Other Current Debt	34 000	7 000	0	0
Total Current Debt	651 000	341 000	499 000	679 000
Total Equity and Debt	1 761 000	993 000	584 000	977 000

Financial indicators	2022	2021	2020	2019
Return on Equity	76,27 %	42,95 %	18,82 %	427,54 %
Debt-to-Equity Ratio	0,76	3,38	0	3,32
Operating Profit Margin	9,54 %	1,91 %	0,63 %	8,32 %
Current Ratio	1,78	1,12	0,94	1,37
Quick Ratio	2,05	1,55	1,29	1,87
Equity Ratio	0,36	0,15	0,15	0,07
Gross Profit Margin	28,7 %	26,62 %	13,39 %	37,05 %