ALVA INDUSTRIES AS

7038 TRONDHEIM

Finances

Share Ownership

Return on Equity

−57,03 %

Current Ratio

1,06

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 139 000	20 448 000	15 382 000	7 896 000
Net Income	−26 100 000	−2 031 000	143 000	1 303 000
Total Assets	134 438 000	45 909 000	53 104 000	13 520 000
Total Equity	45 765 000	35 492 000	37 523 000	3 140 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 139 000	20 448 000	15 382 000	7 896 000
Expenditure	42 421 000	23 513 000	14 633 000	6 512 000
Operating Profit	−34 282 000	−3 065 000	749 000	1 384 000
Financial Income	540 000	291 000	35 000	9 000
Financial Costs	624 000	209 000	603 000	16 000
Financial Balance	−84 000	82 000	−568 000	−7 000
Earnings Before Tax	−34 366 000	−2 984 000	181 000	1 377 000
Tax	−8 266 000	−953 000	38 000	74 000
Net Income	−26 100 000	−2 031 000	143 000	1 303 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	40 388 000	24 407 000	10 752 000	4 461 000
Total Current Assets	94 050 000	21 502 000	42 352 000	9 060 000
Total Assets	134 438 000	45 909 000	53 104 000	13 520 000
Total Retained Equity	−28 555 000	−2 456 000	−425 000	−568 000
Total Equity	45 765 000	35 492 000	37 523 000	3 140 000
Total Long-Term Debt	0	1 500 000	1 500 000	1 500 000
Total Current Debt	88 673 000	8 917 000	14 082 000	8 880 000
Total Equity and Debt	134 438 000	45 909 000	53 104 000	13 520 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 309 000	9 812 000	3 861 000	50 000
Other Income	4 830 000	10 635 000	11 520 000	7 846 000
Revenue	8 139 000	20 448 000	15 382 000	7 896 000
Cost of Goods Sold	4 593 000	0	0	0
Salary Costs	17 804 000	13 760 000	8 887 000	2 202 000
Depreciation	2 972 000	474 000	223 000	79 000
Impairment	3 885 000	0	0	0
Expenditure	42 421 000	23 513 000	14 633 000	6 512 000
Operating Profit	−34 282 000	−3 065 000	749 000	1 384 000
Financial Income	540 000	291 000	35 000	9 000
Financial Costs	624 000	209 000	603 000	16 000
Financial Balance	−84 000	82 000	−568 000	−7 000
Dividends	0	0	0	0
Net Income	−26 100 000	−2 031 000	143 000	1 303 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	24 289 000	23 046 000	9 733 000	4 245 000
Real Eastate	226 000	199 000	277 000	0
Machinery and Plant Facilities	14 822 000	262 000	231 000	44 000
Fixtures	1 051 000	900 000	511 000	172 000
Total Tangible Assets	16 098 000	1 361 000	1 019 000	215 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	40 388 000	24 407 000	10 752 000	4 461 000
Stock	4 501 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	14 714 000	13 255 000	40 184 000	7 532 000
Total Current Assets	94 050 000	21 502 000	42 352 000	9 060 000
Total Assets	134 438 000	45 909 000	53 104 000	13 520 000
Total Equity	45 765 000	35 492 000	37 523 000	3 140 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 500 000	1 500 000	1 500 000
Creditors	1 695 000	1 634 000	1 117 000	405 000
Unpaid Taxes	837 000	1 234 000	1 003 000	518 000
Dividends	0	0	0	0
Other Current Debt	6 041 000	6 049 000	11 961 000	7 958 000
Total Current Debt	88 673 000	8 917 000	14 082 000	8 880 000
Total Equity and Debt	134 438 000	45 909 000	53 104 000	13 520 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−57,03 %	−5,72 %	0,38 %	41,5 %
Debt-to-Equity Ratio	0	0,04	0,04	0,48
Operating Profit Margin	−421,21 %	−14,99 %	4,87 %	17,53 %
Current Ratio	1,06	2,41	3,01	1,02
Quick Ratio	1,12	2,41	3,01	1,02
Equity Ratio	0,34	0,77	0,71	0,23
Gross Profit Margin	43,57 %	100 %	100 %	100 %