ALVSVÅG AS

5430 BREMNES

Finances

Return on Equity

−7,28 %

Current Ratio

1,16

Debt-to-Equity Ratio

1,99

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 527 000	3 433 000	1 496 000	319 000
Net Income	−37 000	137 000	31 000	88 000
Total Assets	2 504 000	1 962 000	665 000	448 000
Total Equity	508 000	544 000	408 000	377 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 527 000	3 433 000	1 496 000	319 000
Expenditure	3 504 000	3 242 000	1 455 000	206 000
Operating Profit	24 000	191 000	42 000	112 000
Financial Income	0	0	0	0
Financial Costs	71 000	16 000	2 000	0
Financial Balance	−71 000	−16 000	−2 000	0
Earnings Before Tax	−47 000	175 000	40 000	112 000
Tax	−10 000	39 000	9 000	25 000
Net Income	−37 000	137 000	31 000	88 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 362 000	1 755 000	391 000	316 000
Total Current Assets	1 142 000	208 000	274 000	132 000
Total Assets	2 504 000	1 962 000	665 000	448 000
Total Retained Equity	298 000	334 000	198 000	167 000
Total Equity	508 000	544 000	408 000	377 000
Total Long-Term Debt	1 010 000	489 000	11 000	9 000
Total Current Debt	986 000	928 000	246 000	62 000
Total Equity and Debt	2 504 000	1 962 000	665 000	448 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 447 000	3 433 000	1 495 000	307 000
Other Income	81 000	0	1 000	12 000
Revenue	3 527 000	3 433 000	1 496 000	319 000
Cost of Goods Sold	760 000	1 993 000	558 000	0
Salary Costs	1 228 000	747 000	591 000	0
Depreciation	400 000	197 000	78 000	53 000
Impairment	0	0	0	0
Expenditure	3 504 000	3 242 000	1 455 000	206 000
Operating Profit	24 000	191 000	42 000	112 000
Financial Income	0	0	0	0
Financial Costs	71 000	16 000	2 000	0
Financial Balance	−71 000	−16 000	−2 000	0
Dividends	0	0	0	0
Net Income	−37 000	137 000	31 000	88 000

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	259 000	361 000	239 000	0
Fixtures	1 046 000	1 336 000	95 000	316 000
Total Tangible Assets	1 305 000	1 697 000	334 000	316 000
Total Fiancial Fixed Assets	58 000	58 000	58 000	0
Total Fixed Assets	1 362 000	1 755 000	391 000	316 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	245 000	50 000	135 000	111 000
Total Current Assets	1 142 000	208 000	274 000	132 000
Total Assets	2 504 000	1 962 000	665 000	448 000
Total Equity	508 000	544 000	408 000	377 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 010 000	489 000	11 000	9 000
Creditors	632 000	626 000	143 000	45 000
Unpaid Taxes	146 000	29 000	40 000	−4 000
Dividends	0	0	0	0
Other Current Debt	204 000	274 000	56 000	0
Total Current Debt	986 000	928 000	246 000	62 000
Total Equity and Debt	2 504 000	1 962 000	665 000	448 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−7,28 %	25,18 %	7,6 %	23,34 %
Debt-to-Equity Ratio	1,99	0,9	0,03	0,02
Operating Profit Margin	0,68 %	5,56 %	2,81 %	35,11 %
Current Ratio	1,16	0,22	1,11	2,13
Quick Ratio	1,16	0,22	1,11	2,13
Equity Ratio	0,2	0,28	0,61	0,84
Gross Profit Margin	78,45 %	41,95 %	62,7 %	100 %