ALBAR SKANDINAVIA AS

1473 LØRENSKOG

Finances

Share Ownership

Return on Equity

57,55 %

Current Ratio

1,89

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	996 000	408 000	56 000	154 000
Net Income	122 000	63 000	−4 000	−17 000
Total Assets	449 000	188 000	37 000	47 000
Total Equity	212 000	90 000	27 000	31 000

Income (NOK)	2022	2021	2020	2019
Revenue	996 000	408 000	56 000	154 000
Expenditure	851 000	345 000	60 000	171 000
Operating Profit	144 000	63 000	−5 000	−17 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	144 000	63 000	−5 000	−17 000
Tax	22 000	0	−1 000	0
Net Income	122 000	63 000	−4 000	−17 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	6 000	13 000	19 000
Total Current Assets	449 000	182 000	24 000	28 000
Total Assets	449 000	188 000	37 000	47 000
Total Retained Equity	182 000	60 000	−3 000	1 000
Total Equity	212 000	90 000	27 000	31 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	237 000	98 000	10 000	16 000
Total Equity and Debt	449 000	188 000	37 000	47 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	996 000	408 000	56 000	154 000
Other Income	0	0	0	0
Revenue	996 000	408 000	56 000	154 000
Cost of Goods Sold	730 000	266 000	21 000	54 000
Salary Costs	0	0	3 000	16 000
Depreciation	6 000	6 000	6 000	0
Impairment	0	0	0	0
Expenditure	851 000	345 000	60 000	171 000
Operating Profit	144 000	63 000	−5 000	−17 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	122 000	63 000	−4 000	−17 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	6 000	13 000	19 000
Total Tangible Assets	0	6 000	13 000	19 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	6 000	13 000	19 000
Stock	254 000	35 000	0	0
Total Investments	0	0	0	0
Cash, Bank	194 000	146 000	23 000	3 000
Total Current Assets	449 000	182 000	24 000	28 000
Total Assets	449 000	188 000	37 000	47 000
Total Equity	212 000	90 000	27 000	31 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	10 000	12 000	2 000	3 000
Unpaid Taxes	205 000	86 000	6 000	10 000
Dividends	0	0	0	0
Other Current Debt	0	0	3 000	3 000
Total Current Debt	237 000	98 000	10 000	16 000
Total Equity and Debt	449 000	188 000	37 000	47 000

Financial indicators	2022	2021	2020	2019
Return on Equity	57,55 %	70 %	−14,81 %	−54,84 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	14,46 %	15,44 %	−8,93 %	−11,04 %
Current Ratio	1,89	1,86	2,4	1,75
Quick Ratio	−26,41	2,89	2,4	1,75
Equity Ratio	0,47	0,48	0,73	0,66
Gross Profit Margin	26,71 %	34,8 %	62,5 %	64,94 %