ANDREAS GJELLESVIKS VEG 7 AS

5262 ARNATVEIT

Finances

Share Ownership

Return on Equity

161,87 %

Current Ratio

0,3

Debt-to-Equity Ratio

4,93

Key figures (NOK)	2021	2020	2019	2018
Revenue	2 102 000	401 000	66 000	0
Net Income	1 125 000	−524 000	−142 000	−38 000
Total Assets	4 996 000	17 338 000	8 430 000	3 106 000
Total Equity	695 000	−431 000	93 000	57 000

Income (NOK)	2021	2020	2019	2018
Revenue	2 102 000	401 000	66 000	0
Expenditure	587 000	344 000	24 000	0
Operating Profit	1 516 000	57 000	42 000	0
Financial Income	0	0	0	0
Financial Costs	273 000	580 000	171 000	51 000
Financial Balance	−273 000	−580 000	−171 000	−51 000
Earnings Before Tax	1 243 000	−524 000	−129 000	−51 000
Tax	117 000	0	13 000	−13 000
Net Income	1 125 000	−524 000	−142 000	−38 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	4 733 000	4 662 000	4 562 000	13 000
Total Current Assets	264 000	12 676 000	3 868 000	3 093 000
Total Assets	4 996 000	17 338 000	8 430 000	3 106 000
Total Retained Equity	415 000	−710 000	−180 000	−38 000
Total Equity	695 000	−431 000	93 000	57 000
Total Long-Term Debt	3 426 000	15 586 000	7 733 000	3 034 000
Total Current Debt	876 000	2 183 000	604 000	15 000
Total Equity and Debt	4 996 000	17 338 000	8 430 000	3 106 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	1 811 000	0	0	0
Other Income	291 000	401 000	66 000	0
Revenue	2 102 000	401 000	66 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	25 000	12 000	0	0
Impairment	0	0	0	0
Expenditure	587 000	344 000	24 000	0
Operating Profit	1 516 000	57 000	42 000	0
Financial Income	0	0	0	0
Financial Costs	273 000	580 000	171 000	51 000
Financial Balance	−273 000	−580 000	−171 000	−51 000
Dividends	0	0	0	0
Net Income	1 125 000	−524 000	−142 000	−38 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	13 000
Real Eastate	4 653 000	4 562 000	4 562 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	75 000	100 000	0	0
Total Tangible Assets	4 728 000	4 662 000	4 562 000	0
Total Fiancial Fixed Assets	5 000	0	0	0
Total Fixed Assets	4 733 000	4 662 000	4 562 000	13 000
Stock	0	12 524 000	3 858 000	3 091 000
Total Investments	0	0	0	0
Cash, Bank	1 000	74 000	4 000	2 000
Total Current Assets	264 000	12 676 000	3 868 000	3 093 000
Total Assets	4 996 000	17 338 000	8 430 000	3 106 000
Total Equity	695 000	−431 000	93 000	57 000
Short-Term Group Debt	245 000	171 000	51 000	0
Total Long-Term Debt	3 426 000	15 586 000	7 733 000	3 034 000
Creditors	377 000	2 009 000	15 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	138 000	3 000	538 000	15 000
Total Current Debt	876 000	2 183 000	604 000	15 000
Total Equity and Debt	4 996 000	17 338 000	8 430 000	3 106 000

Financial indicators	2021	2020	2019	2018
Return on Equity	161,87 %	121,58 %	−152,69 %	−66,67 %
Debt-to-Equity Ratio	4,93	−36,16	83,15	53,23
Operating Profit Margin	72,12 %	14,21 %	63,64 %	-
Current Ratio	0,3	5,81	6,4	206,2
Quick Ratio	0,3	−1,23	−1,19	−1,01
Equity Ratio	0,14	−0,02	0,01	0,02
Gross Profit Margin	100 %	100 %	100 %	-