ALVÆRVIK & VÅGE EIGEDOM AS

6963 DALE I SUNNFJORD

Finances

Share Ownership

Return on Equity

81,51 %

Current Ratio

2,11

Debt-to-Equity Ratio

35,33

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 675 000	1 414 000	888 000	489 000
Net Income	335 000	68 000	−95 000	−97 000
Total Assets	15 247 000	15 334 000	15 531 000	7 325 000
Total Equity	411 000	76 000	8 000	103 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 675 000	1 414 000	888 000	489 000
Expenditure	726 000	798 000	498 000	349 000
Operating Profit	948 000	616 000	390 000	140 000
Financial Income	0	0	0	0
Financial Costs	613 000	548 000	485 000	238 000
Financial Balance	−613 000	−548 000	−485 000	−238 000
Earnings Before Tax	335 000	68 000	−95 000	−97 000
Tax	0	0	0	0
Net Income	335 000	68 000	−95 000	−97 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 582 000	14 950 000	15 257 000	7 183 000
Total Current Assets	665 000	384 000	274 000	142 000
Total Assets	15 247 000	15 334 000	15 531 000	7 325 000
Total Retained Equity	211 000	−124 000	−192 000	−97 000
Total Equity	411 000	76 000	8 000	103 000
Total Long-Term Debt	14 521 000	14 939 000	13 109 000	7 195 000
Total Current Debt	315 000	320 000	2 414 000	27 000
Total Equity and Debt	15 247 000	15 334 000	15 531 000	7 325 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	39 000
Other Income	1 675 000	1 414 000	888 000	450 000
Revenue	1 675 000	1 414 000	888 000	489 000
Cost of Goods Sold	0	0	0	55 000
Salary Costs	0	0	0	0
Depreciation	368 000	368 000	223 000	142 000
Impairment	0	0	0	0
Expenditure	726 000	798 000	498 000	349 000
Operating Profit	948 000	616 000	390 000	140 000
Financial Income	0	0	0	0
Financial Costs	613 000	548 000	485 000	238 000
Financial Balance	−613 000	−548 000	−485 000	−238 000
Dividends	0	0	0	0
Net Income	335 000	68 000	−95 000	−97 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	14 582 000	14 950 000	15 257 000	7 183 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	14 582 000	14 950 000	15 257 000	7 183 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	14 582 000	14 950 000	15 257 000	7 183 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	472 000	350 000	246 000	8 000
Total Current Assets	665 000	384 000	274 000	142 000
Total Assets	15 247 000	15 334 000	15 531 000	7 325 000
Total Equity	411 000	76 000	8 000	103 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	14 521 000	14 939 000	13 109 000	7 195 000
Creditors	59 000	18 000	1 662 000	14 000
Unpaid Taxes	3 000	1 000	0	0
Dividends	0	0	0	0
Other Current Debt	253 000	301 000	254 000	14 000
Total Current Debt	315 000	320 000	2 414 000	27 000
Total Equity and Debt	15 247 000	15 334 000	15 531 000	7 325 000

Financial indicators	2022	2021	2020	2019
Return on Equity	81,51 %	89,47 %	−1 187,5 %	−94,17 %
Debt-to-Equity Ratio	35,33	196,57	1 638,63	69,85
Operating Profit Margin	56,6 %	43,56 %	43,92 %	28,63 %
Current Ratio	2,11	1,2	0,11	5,26
Quick Ratio	2,11	1,2	0,11	5,26
Equity Ratio	0,03	0	0	0,01
Gross Profit Margin	100 %	100 %	100 %	88,75 %