ÅLESUND BOLIGUTVIKLING AS

6010 ÅLESUND

Finances

Share Ownership

Return on Equity

136,35 %

Current Ratio

1,21

Debt-to-Equity Ratio

−6,87

Key figures (NOK)	2022	2021	2020
Revenue	399 000	109 000	0
Net Income	−2 468 000	−457 000	−15 000
Total Assets	38 836 000	12 223 000	1 465 000
Total Equity	−1 810 000	658 000	15 000

Income (NOK)	2022	2021	2020
Revenue	399 000	109 000	0
Expenditure	2 523 000	343 000	19 000
Operating Profit	−2 124 000	−234 000	−19 000
Financial Income	0	0	0
Financial Costs	211 000	351 000	0
Financial Balance	−211 000	−351 000	0
Earnings Before Tax	−2 335 000	−585 000	−19 000
Tax	133 000	−129 000	−4 000
Net Income	−2 468 000	−457 000	−15 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	4 806 000	4 493 000	4 000
Total Current Assets	34 030 000	7 729 000	1 461 000
Total Assets	38 836 000	12 223 000	1 465 000
Total Retained Equity	−2 939 000	−472 000	−15 000
Total Equity	−1 810 000	658 000	15 000
Total Long-Term Debt	12 442 000	8 429 000	1 434 000
Total Current Debt	28 203 000	3 135 000	16 000
Total Equity and Debt	38 836 000	12 223 000	1 465 000

Cash flow (NOK)	2022	2021	2020
Sales Income	64 000	0	0
Other Income	335 000	109 000	0
Revenue	399 000	109 000	0
Cost of Goods Sold	−279 000	39 000	0
Salary Costs	1 677 000	0	0
Depreciation	187 000	49 000	0
Impairment	0	0	0
Expenditure	2 523 000	343 000	19 000
Operating Profit	−2 124 000	−234 000	−19 000
Financial Income	0	0	0
Financial Costs	211 000	351 000	0
Financial Balance	−211 000	−351 000	0
Dividends	0	0	0
Net Income	−2 468 000	−457 000	−15 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	133 000	4 000
Real Eastate	4 214 000	4 360 000	0
Machinery and Plant Facilities	0	0	0
Fixtures	593 000	0	0
Total Tangible Assets	4 806 000	4 360 000	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	4 806 000	4 493 000	4 000
Stock	33 605 000	7 481 000	1 402 000
Total Investments	0	0	0
Cash, Bank	146 000	144 000	39 000
Total Current Assets	34 030 000	7 729 000	1 461 000
Total Assets	38 836 000	12 223 000	1 465 000
Total Equity	−1 810 000	658 000	15 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	12 442 000	8 429 000	1 434 000
Creditors	4 629 000	154 000	0
Unpaid Taxes	116 000	0	0
Dividends	0	0	0
Other Current Debt	6 379 000	26 000	16 000
Total Current Debt	28 203 000	3 135 000	16 000
Total Equity and Debt	38 836 000	12 223 000	1 465 000

Financial indicators	2022	2021	2020
Return on Equity	136,35 %	−69,45 %	−100 %
Debt-to-Equity Ratio	−6,87	12,81	95,6
Operating Profit Margin	−532,33 %	−214,68 %	-
Current Ratio	1,21	2,47	91,31
Quick Ratio	−6,3	−1,78	−1,05
Equity Ratio	−0,05	0,05	0,01
Gross Profit Margin	169,92 %	64,22 %	-