ÅSVEIEN 1 AS

3257 LARVIK

Finances

Share Ownership

Return on Equity

−11,75 %

Current Ratio

−368

Debt-to-Equity Ratio

1,99

Key figures (NOK)	2022	2021	2020	2019
Revenue	96 000	96 000	96 000	96 000
Net Income	−170 000	−167 000	−167 000	5 000
Total Assets	4 324 000	4 228 000	4 132 000	4 036 000
Total Equity	1 447 000	1 447 000	1 447 000	1 614 000

Income (NOK)	2022	2021	2020	2019
Revenue	96 000	96 000	96 000	96 000
Expenditure	21 000	18 000	18 000	21 000
Operating Profit	75 000	78 000	78 000	75 000
Financial Income	0	0	0	0
Financial Costs	245 000	245 000	247 000	70 000
Financial Balance	−245 000	−245 000	−247 000	−70 000
Earnings Before Tax	−170 000	−167 000	−168 000	5 000
Tax	0	0	−2 000	0
Net Income	−170 000	−167 000	−167 000	5 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 588 000	3 588 000	3 588 000	3 588 000
Total Current Assets	736 000	640 000	544 000	448 000
Total Assets	4 324 000	4 228 000	4 132 000	4 036 000
Total Retained Equity	56 000	56 000	56 000	223 000
Total Equity	1 447 000	1 447 000	1 447 000	1 614 000
Total Long-Term Debt	2 879 000	2 709 000	2 542 000	2 300 000
Total Current Debt	−2 000	72 000	143 000	122 000
Total Equity and Debt	4 324 000	4 228 000	4 132 000	4 036 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	96 000	96 000	96 000	96 000
Other Income	0	0	0	0
Revenue	96 000	96 000	96 000	96 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	21 000	18 000	18 000	21 000
Operating Profit	75 000	78 000	78 000	75 000
Financial Income	0	0	0	0
Financial Costs	245 000	245 000	247 000	70 000
Financial Balance	−245 000	−245 000	−247 000	−70 000
Dividends	0	0	0	0
Net Income	−170 000	−167 000	−167 000	5 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 588 000	3 588 000	3 588 000	3 588 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 588 000	3 588 000	3 588 000	3 588 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 588 000	3 588 000	3 588 000	3 588 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	736 000	640 000	544 000	448 000
Total Assets	4 324 000	4 228 000	4 132 000	4 036 000
Total Equity	1 447 000	1 447 000	1 447 000	1 614 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 879 000	2 709 000	2 542 000	2 300 000
Creditors	0	0	0	3 000
Unpaid Taxes	0	0	0	2 000
Dividends	0	0	0	0
Other Current Debt	−2 000	72 000	143 000	118 000
Total Current Debt	−2 000	72 000	143 000	122 000
Total Equity and Debt	4 324 000	4 228 000	4 132 000	4 036 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−11,75 %	−11,54 %	−11,54 %	0,31 %
Debt-to-Equity Ratio	1,99	1,87	1,76	1,43
Operating Profit Margin	78,13 %	81,25 %	81,25 %	78,13 %
Current Ratio	−368	8,89	3,8	3,67
Quick Ratio	−368	8,89	3,8	3,67
Equity Ratio	0,33	0,34	0,35	0,4
Gross Profit Margin	100 %	100 %	100 %	100 %