ÅLESUND EIENDOMSUTVIKLING AS

6018 ÅLESUND

Finances

Return on Equity

12 %

Current Ratio

10,81

Debt-to-Equity Ratio

1,77

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 343 000	852 000	1 524 000	7 220 000
Net Income	446 000	23 000	462 000	1 603 000
Total Assets	11 021 000	11 918 000	11 364 000	8 492 000
Total Equity	3 718 000	3 272 000	2 949 000	2 286 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 343 000	852 000	1 524 000	7 220 000
Expenditure	944 000	839 000	900 000	5 162 000
Operating Profit	399 000	13 000	625 000	2 058 000
Financial Income	189 000	30 000	0	0
Financial Costs	17 000	14 000	30 000	3 000
Financial Balance	172 000	16 000	−30 000	−3 000
Earnings Before Tax	571 000	30 000	595 000	2 055 000
Tax	126 000	7 000	133 000	452 000
Net Income	446 000	23 000	462 000	1 603 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 077 000	3 077 000	200 000	100 000
Total Current Assets	7 944 000	8 841 000	11 164 000	8 392 000
Total Assets	11 021 000	11 918 000	11 364 000	8 492 000
Total Retained Equity	2 518 000	2 072 000	2 049 000	1 586 000
Total Equity	3 718 000	3 272 000	2 949 000	2 286 000
Total Long-Term Debt	6 568 000	7 291 000	5 893 000	5 489 000
Total Current Debt	735 000	1 355 000	2 523 000	717 000
Total Equity and Debt	11 021 000	11 918 000	11 364 000	8 492 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 289 000	828 000	1 342 000	7 205 000
Other Income	54 000	24 000	182 000	15 000
Revenue	1 343 000	852 000	1 524 000	7 220 000
Cost of Goods Sold	442 000	475 000	262 000	4 753 000
Salary Costs	2 000	187 000	577 000	354 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	944 000	839 000	900 000	5 162 000
Operating Profit	399 000	13 000	625 000	2 058 000
Financial Income	189 000	30 000	0	0
Financial Costs	17 000	14 000	30 000	3 000
Financial Balance	172 000	16 000	−30 000	−3 000
Dividends	0	0	0	0
Net Income	446 000	23 000	462 000	1 603 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 877 000	2 877 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 877 000	2 877 000	0	0
Total Fiancial Fixed Assets	200 000	200 000	200 000	100 000
Total Fixed Assets	3 077 000	3 077 000	200 000	100 000
Stock	6 631 000	6 341 000	6 933 000	4 894 000
Total Investments	27 000	27 000	27 000	27 000
Cash, Bank	266 000	59 000	988 000	448 000
Total Current Assets	7 944 000	8 841 000	11 164 000	8 392 000
Total Assets	11 021 000	11 918 000	11 364 000	8 492 000
Total Equity	3 718 000	3 272 000	2 949 000	2 286 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 568 000	7 291 000	5 893 000	5 489 000
Creditors	420 000	958 000	1 236 000	49 000
Unpaid Taxes	0	5 000	252 000	134 000
Dividends	0	0	0	0
Other Current Debt	190 000	385 000	890 000	100 000
Total Current Debt	735 000	1 355 000	2 523 000	717 000
Total Equity and Debt	11 021 000	11 918 000	11 364 000	8 492 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12 %	0,7 %	15,67 %	70,12 %
Debt-to-Equity Ratio	1,77	2,23	2	2,4
Operating Profit Margin	29,71 %	1,53 %	41,01 %	28,5 %
Current Ratio	10,81	6,52	4,42	11,7
Quick Ratio	−1,35	−1,77	−2,53	−2,01
Equity Ratio	0,34	0,27	0,26	0,27
Gross Profit Margin	67,09 %	44,25 %	82,81 %	34,17 %