ÅLESUND BILVASK AS

6020 ÅLESUND

Finances

Share Ownership

Return on Equity

61,66 %

Current Ratio

0,38

Debt-to-Equity Ratio

−0,33

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 235 000	4 357 000	1 665 000	917 000
Net Income	−460 000	300 000	21 000	−138 000
Total Assets	1 181 000	1 205 000	729 000	202 000
Total Equity	−746 000	−286 000	−586 000	−607 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 235 000	4 357 000	1 665 000	917 000
Expenditure	5 680 000	4 041 000	1 628 000	1 047 000
Operating Profit	−445 000	315 000	37 000	−131 000
Financial Income	0	0	0	0
Financial Costs	16 000	16 000	16 000	7 000
Financial Balance	−16 000	−16 000	−16 000	−7 000
Earnings Before Tax	−460 000	300 000	21 000	−138 000
Tax	0	0	0	0
Net Income	−460 000	300 000	21 000	−138 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	542 000	401 000	490 000	174 000
Total Current Assets	639 000	805 000	239 000	27 000
Total Assets	1 181 000	1 205 000	729 000	202 000
Total Retained Equity	−796 000	−336 000	−636 000	−657 000
Total Equity	−746 000	−286 000	−586 000	−607 000
Total Long-Term Debt	247 000	285 000	322 000	0
Total Current Debt	1 681 000	1 207 000	993 000	808 000
Total Equity and Debt	1 181 000	1 205 000	729 000	202 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 235 000	4 357 000	1 665 000	917 000
Other Income	0	0	0	0
Revenue	5 235 000	4 357 000	1 665 000	917 000
Cost of Goods Sold	0	0	9 000	101 000
Salary Costs	3 957 000	2 368 000	747 000	218 000
Depreciation	115 000	124 000	104 000	69 000
Impairment	0	0	0	0
Expenditure	5 680 000	4 041 000	1 628 000	1 047 000
Operating Profit	−445 000	315 000	37 000	−131 000
Financial Income	0	0	0	0
Financial Costs	16 000	16 000	16 000	7 000
Financial Balance	−16 000	−16 000	−16 000	−7 000
Dividends	0	0	0	0
Net Income	−460 000	300 000	21 000	−138 000

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	542 000	401 000	490 000	174 000
Total Tangible Assets	542 000	401 000	490 000	174 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	542 000	401 000	490 000	174 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	8 000	104 000	1 000	12 000
Total Current Assets	639 000	805 000	239 000	27 000
Total Assets	1 181 000	1 205 000	729 000	202 000
Total Equity	−746 000	−286 000	−586 000	−607 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	247 000	285 000	322 000	0
Creditors	66 000	131 000	252 000	336 000
Unpaid Taxes	366 000	293 000	137 000	39 000
Dividends	0	0	0	0
Other Current Debt	1 248 000	783 000	605 000	434 000
Total Current Debt	1 681 000	1 207 000	993 000	808 000
Total Equity and Debt	1 181 000	1 205 000	729 000	202 000

Financial indicators	2022	2021	2020	2019
Return on Equity	61,66 %	−104,9 %	−3,58 %	22,73 %
Debt-to-Equity Ratio	−0,33	−1	−0,55	−0
Operating Profit Margin	−8,5 %	7,23 %	2,22 %	−14,29 %
Current Ratio	0,38	0,67	0,24	0,03
Quick Ratio	0,38	0,67	0,24	0,03
Equity Ratio	−0,63	−0,24	−0,8	−3
Gross Profit Margin	100 %	100 %	99,46 %	88,99 %