AL Elgvegen Borettslag

8622 MO I RANA

Finances

Share Ownership

Return on Equity

−12,08 %

Current Ratio

35,61

Debt-to-Equity Ratio

−2,62

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 516 000	5 367 000	5 343 000	5 276 000
Net Income	1 264 000	1 557 000	2 183 000	798 000
Total Assets	17 063 000	16 677 000	16 700 000	14 197 000
Total Equity	−10 466 000	−11 729 000	−13 287 000	−15 470 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 516 000	5 367 000	5 343 000	5 276 000
Expenditure	3 627 000	3 364 000	2 618 000	3 840 000
Operating Profit	1 888 000	2 003 000	2 724 000	1 436 000
Financial Income	49 000	1 000	7 000	18 000
Financial Costs	674 000	447 000	549 000	656 000
Financial Balance	−625 000	−446 000	−542 000	−638 000
Earnings Before Tax	1 264 000	1 557 000	2 183 000	798 000
Tax	0	0	0	0
Net Income	1 264 000	1 557 000	2 183 000	798 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 432 000	13 092 000	12 814 000	11 870 000
Total Current Assets	3 632 000	3 585 000	3 886 000	2 326 000
Total Assets	17 063 000	16 677 000	16 700 000	14 197 000
Total Retained Equity	10 473 000	11 736 000	13 294 000	15 477 000
Total Equity	−10 466 000	−11 729 000	−13 287 000	−15 470 000
Total Long-Term Debt	27 427 000	28 333 000	29 521 000	29 552 000
Total Current Debt	102 000	74 000	465 000	114 000
Total Equity and Debt	17 063 000	16 677 000	16 700 000	14 197 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	5 516 000	5 367 000	5 343 000	5 276 000
Revenue	5 516 000	5 367 000	5 343 000	5 276 000
Cost of Goods Sold	0	0	0	0
Salary Costs	121 000	117 000	118 000	110 000
Depreciation	18 000	13 000	13 000	7 000
Impairment	0	0	47 000	0
Expenditure	3 627 000	3 364 000	2 618 000	3 840 000
Operating Profit	1 888 000	2 003 000	2 724 000	1 436 000
Financial Income	49 000	1 000	7 000	18 000
Financial Costs	674 000	447 000	549 000	656 000
Financial Balance	−625 000	−446 000	−542 000	−638 000
Dividends	0	0	0	0
Net Income	1 264 000	1 557 000	2 183 000	798 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	13 073 000	12 991 000	12 699 000	11 743 000
Machinery and Plant Facilities	359 000	101 000	114 000	128 000
Fixtures	0	0	0	0
Total Tangible Assets	13 432 000	13 092 000	12 814 000	11 870 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	13 432 000	13 092 000	12 814 000	11 870 000
Stock	0	0	156 000	0
Total Investments	0	0	0	0
Cash, Bank	3 493 000	3 457 000	3 610 000	2 230 000
Total Current Assets	3 632 000	3 585 000	3 886 000	2 326 000
Total Assets	17 063 000	16 677 000	16 700 000	14 197 000
Total Equity	−10 466 000	−11 729 000	−13 287 000	−15 470 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	27 427 000	28 333 000	29 521 000	29 552 000
Creditors	83 000	64 000	433 000	84 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	19 000	9 000	32 000	30 000
Total Current Debt	102 000	74 000	465 000	114 000
Total Equity and Debt	17 063 000	16 677 000	16 700 000	14 197 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−12,08 %	−13,27 %	−16,43 %	−5,16 %
Debt-to-Equity Ratio	−2,62	−2,42	−2,22	−1,91
Operating Profit Margin	34,23 %	37,32 %	50,98 %	27,22 %
Current Ratio	35,61	48,45	8,36	20,4
Quick Ratio	35,61	48,45	12,58	20,4
Equity Ratio	−0,61	−0,7	−0,8	−1,09
Gross Profit Margin	100 %	100 %	100 %	100 %