ÅLESUND TURVOGN SERVICE AS

6040 VIGRA

Finances

Share Ownership

Return on Equity

574,26 %

Current Ratio

1,01

Debt-to-Equity Ratio

3,63

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 669 000	6 523 000	4 318 000	6 505 000
Net Income	781 000	1 317 000	−621 000	−246 000
Total Assets	3 028 000	2 738 000	1 824 000	1 782 000
Total Equity	136 000	195 000	−543 000	184 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 669 000	6 523 000	4 318 000	6 505 000
Expenditure	8 628 000	4 750 000	4 930 000	6 725 000
Operating Profit	1 041 000	1 774 000	−612 000	−220 000
Financial Income	10 000	0	2 000	8 000
Financial Costs	50 000	86 000	50 000	47 000
Financial Balance	−40 000	−86 000	−48 000	−39 000
Earnings Before Tax	1 001 000	1 688 000	−661 000	−259 000
Tax	220 000	371 000	−40 000	−13 000
Net Income	781 000	1 317 000	−621 000	−246 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	615 000	44 000	446 000	555 000
Total Current Assets	2 413 000	2 693 000	1 378 000	1 228 000
Total Assets	3 028 000	2 738 000	1 824 000	1 782 000
Total Retained Equity	36 000	95 000	−643 000	84 000
Total Equity	136 000	195 000	−543 000	184 000
Total Long-Term Debt	494 000	704 000	723 000	0
Total Current Debt	2 398 000	1 839 000	1 643 000	1 598 000
Total Equity and Debt	3 028 000	2 738 000	1 824 000	1 782 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 437 000	5 836 000	4 452 000	6 422 000
Other Income	−768 000	688 000	−134 000	82 000
Revenue	9 669 000	6 523 000	4 318 000	6 505 000
Cost of Goods Sold	508 000	240 000	361 000	1 230 000
Salary Costs	3 665 000	2 042 000	1 886 000	2 408 000
Depreciation	28 000	0	149 000	185 000
Impairment	0	0	0	0
Expenditure	8 628 000	4 750 000	4 930 000	6 725 000
Operating Profit	1 041 000	1 774 000	−612 000	−220 000
Financial Income	10 000	0	2 000	8 000
Financial Costs	50 000	86 000	50 000	47 000
Financial Balance	−40 000	−86 000	−48 000	−39 000
Dividends	839 000	200 000	0	0
Net Income	781 000	1 317 000	−621 000	−246 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	20 000	44 000	67 000	27 000
Real Eastate	0	0	379 000	379 000
Machinery and Plant Facilities	352 000	0	0	145 000
Fixtures	40 000	0	0	4 000
Total Tangible Assets	392 000	0	379 000	528 000
Total Fiancial Fixed Assets	202 000	0	0	0
Total Fixed Assets	615 000	44 000	446 000	555 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	711 000	825 000	89 000	123 000
Total Current Assets	2 413 000	2 693 000	1 378 000	1 228 000
Total Assets	3 028 000	2 738 000	1 824 000	1 782 000
Total Equity	136 000	195 000	−543 000	184 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	494 000	704 000	723 000	0
Creditors	837 000	764 000	786 000	896 000
Unpaid Taxes	149 000	130 000	165 000	214 000
Dividends	839 000	200 000	0	0
Other Current Debt	376 000	396 000	693 000	479 000
Total Current Debt	2 398 000	1 839 000	1 643 000	1 598 000
Total Equity and Debt	3 028 000	2 738 000	1 824 000	1 782 000

Financial indicators	2022	2021	2020	2019
Return on Equity	574,26 %	675,38 %	114,36 %	−133,7 %
Debt-to-Equity Ratio	3,63	3,61	−1,33	0
Operating Profit Margin	10,77 %	27,2 %	−14,17 %	−3,38 %
Current Ratio	1,01	1,46	0,84	0,77
Quick Ratio	1,01	1,46	0,84	0,77
Equity Ratio	0,04	0,07	−0,3	0,1
Gross Profit Margin	94,75 %	96,32 %	91,64 %	81,09 %