IVAR M ALVSVÅG AS

5430 BREMNES

Finances

Return on Equity

−26,67 %

Current Ratio

27,74

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 000	30 000	0	6 000
Net Income	−2 693 000	1 009 000	2 610 000	−358 000
Total Assets	10 972 000	13 971 000	14 222 000	15 280 000
Total Equity	10 099 000	13 092 000	13 333 000	11 373 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 000	30 000	0	6 000
Expenditure	1 218 000	1 045 000	1 278 000	522 000
Operating Profit	−1 216 000	−1 015 000	−1 278 000	−516 000
Financial Income	789 000	2 057 000	4 373 000	414 000
Financial Costs	2 266 000	33 000	485 000	256 000
Financial Balance	−1 477 000	2 024 000	3 888 000	158 000
Earnings Before Tax	−2 693 000	1 009 000	2 610 000	−358 000
Tax	0	0	0	0
Net Income	−2 693 000	1 009 000	2 610 000	−358 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 785 000	4 889 000	5 591 000	9 440 000
Total Current Assets	6 187 000	9 082 000	8 630 000	5 840 000
Total Assets	10 972 000	13 971 000	14 222 000	15 280 000
Total Retained Equity	5 876 000	8 568 000	8 809 000	6 849 000
Total Equity	10 099 000	13 092 000	13 333 000	11 373 000
Total Long-Term Debt	650 000	741 000	830 000	3 892 000
Total Current Debt	223 000	138 000	58 000	16 000
Total Equity and Debt	10 972 000	13 971 000	14 222 000	15 280 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	3 000	30 000	0	6 000
Revenue	3 000	30 000	0	6 000
Cost of Goods Sold	0	0	0	0
Salary Costs	879 000	661 000	259 000	42 000
Depreciation	162 000	183 000	215 000	217 000
Impairment	0	0	0	0
Expenditure	1 218 000	1 045 000	1 278 000	522 000
Operating Profit	−1 216 000	−1 015 000	−1 278 000	−516 000
Financial Income	789 000	2 057 000	4 373 000	414 000
Financial Costs	2 266 000	33 000	485 000	256 000
Financial Balance	−1 477 000	2 024 000	3 888 000	158 000
Dividends	0	1 250 000	650 000	450 000
Net Income	−2 693 000	1 009 000	2 610 000	−358 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 226 000	4 233 000	4 533 000	8 153 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	103 000	98 000	147 000	274 000
Total Tangible Assets	4 533 000	4 637 000	5 090 000	8 939 000
Total Fiancial Fixed Assets	252 000	252 000	502 000	502 000
Total Fixed Assets	4 785 000	4 889 000	5 591 000	9 440 000
Stock	0	0	0	0
Total Investments	5 443 000	8 359 000	8 311 000	5 443 000
Cash, Bank	580 000	665 000	271 000	361 000
Total Current Assets	6 187 000	9 082 000	8 630 000	5 840 000
Total Assets	10 972 000	13 971 000	14 222 000	15 280 000
Total Equity	10 099 000	13 092 000	13 333 000	11 373 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	650 000	741 000	830 000	3 892 000
Creditors	21 000	6 000	0	1 000
Unpaid Taxes	174 000	113 000	48 000	4 000
Dividends	0	1 250 000	650 000	450 000
Other Current Debt	28 000	20 000	10 000	12 000
Total Current Debt	223 000	138 000	58 000	16 000
Total Equity and Debt	10 972 000	13 971 000	14 222 000	15 280 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−26,67 %	7,71 %	19,58 %	−3,15 %
Debt-to-Equity Ratio	0,06	0,06	0,06	0,34
Operating Profit Margin	−40 533,33 %	−3 383,33 %	-	−8 600 %
Current Ratio	27,74	65,81	148,79	365
Quick Ratio	27,74	65,81	148,79	365
Equity Ratio	0,92	0,94	0,94	0,74
Gross Profit Margin	100 %	100 %	-	100 %