NORDIC FUN ALVIM AS

1390 VOLLEN

Finances

Share Ownership

Return on Equity

−271,82 %

Current Ratio

5,86

Debt-to-Equity Ratio

13,65

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 450 000	5 079 000	6 287 000	9 537 000
Net Income	−3 145 000	−3 843 000	−3 852 000	−3 663 000
Total Assets	18 237 000	16 330 000	17 332 000	21 193 000
Total Equity	1 157 000	271 000	2 597 000	3 449 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 450 000	5 079 000	6 287 000	9 537 000
Expenditure	11 101 000	8 896 000	9 715 000	12 630 000
Operating Profit	−3 650 000	−3 817 000	−3 427 000	−3 092 000
Financial Income	1 000	0	15 000	4 000
Financial Costs	632 000	367 000	440 000	575 000
Financial Balance	−631 000	−367 000	−425 000	−571 000
Earnings Before Tax	−4 282 000	−4 184 000	−3 852 000	−3 663 000
Tax	−1 137 000	−341 000	0	0
Net Income	−3 145 000	−3 843 000	−3 852 000	−3 663 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 691 000	13 602 000	15 918 000	19 058 000
Total Current Assets	7 546 000	2 729 000	1 414 000	2 135 000
Total Assets	18 237 000	16 330 000	17 332 000	21 193 000
Total Retained Equity	−10 537 000	−11 423 000	−9 098 000	−5 246 000
Total Equity	1 157 000	271 000	2 597 000	3 449 000
Total Long-Term Debt	15 793 000	14 951 000	13 799 000	15 376 000
Total Current Debt	1 287 000	1 108 000	937 000	2 368 000
Total Equity and Debt	18 237 000	16 330 000	17 332 000	21 193 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 207 000	4 371 000	5 735 000	9 511 000
Other Income	243 000	708 000	553 000	26 000
Revenue	7 450 000	5 079 000	6 287 000	9 537 000
Cost of Goods Sold	1 107 000	566 000	707 000	1 225 000
Salary Costs	3 246 000	1 990 000	2 582 000	4 864 000
Depreciation	2 928 000	2 914 000	2 795 000	2 035 000
Impairment	0	0	0	0
Expenditure	11 101 000	8 896 000	9 715 000	12 630 000
Operating Profit	−3 650 000	−3 817 000	−3 427 000	−3 092 000
Financial Income	1 000	0	15 000	4 000
Financial Costs	632 000	367 000	440 000	575 000
Financial Balance	−631 000	−367 000	−425 000	−571 000
Dividends	0	0	0	0
Net Income	−3 145 000	−3 843 000	−3 852 000	−3 663 000

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	10 691 000	13 602 000	15 918 000	19 058 000
Total Tangible Assets	10 691 000	13 602 000	15 918 000	19 058 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	10 691 000	13 602 000	15 918 000	19 058 000
Stock	305 000	320 000	245 000	252 000
Total Investments	0	0	0	0
Cash, Bank	456 000	226 000	565 000	1 730 000
Total Current Assets	7 546 000	2 729 000	1 414 000	2 135 000
Total Assets	18 237 000	16 330 000	17 332 000	21 193 000
Total Equity	1 157 000	271 000	2 597 000	3 449 000
Short-Term Group Debt	0	0	293 000	102 000
Total Long-Term Debt	15 793 000	14 951 000	13 799 000	15 376 000
Creditors	276 000	290 000	36 000	1 188 000
Unpaid Taxes	277 000	207 000	161 000	309 000
Dividends	0	0	0	0
Other Current Debt	734 000	611 000	447 000	770 000
Total Current Debt	1 287 000	1 108 000	937 000	2 368 000
Total Equity and Debt	18 237 000	16 330 000	17 332 000	21 193 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−271,82 %	−1 418,08 %	−148,32 %	−106,2 %
Debt-to-Equity Ratio	13,65	55,17	5,31	4,46
Operating Profit Margin	−48,99 %	−75,15 %	−54,51 %	−32,42 %
Current Ratio	5,86	2,46	1,51	0,9
Quick Ratio	7,68	3,46	2,04	1,01
Equity Ratio	0,06	0,02	0,15	0,16
Gross Profit Margin	85,14 %	88,86 %	88,75 %	87,16 %