ALVØEN AS

5179 GODVIK

Finances

Share Ownership

Return on Equity

22,89 %

Current Ratio

2,03

Debt-to-Equity Ratio

0,31

Key figures (NOK)	2022	2021	2020	2019
Revenue	74 346 000	62 493 000	51 490 000	56 916 000
Net Income	3 505 000	3 358 000	1 256 000	2 286 000
Total Assets	37 399 000	36 189 000	24 477 000	29 003 000
Total Equity	15 310 000	12 305 000	9 946 000	8 690 000

Income (NOK)	2022	2021	2020	2019
Revenue	74 346 000	62 493 000	51 490 000	56 916 000
Expenditure	69 820 000	57 863 000	49 757 000	53 684 000
Operating Profit	4 526 000	4 630 000	1 733 000	3 233 000
Financial Income	280 000	1 000	86 000	14 000
Financial Costs	307 000	324 000	206 000	306 000
Financial Balance	−27 000	−323 000	−120 000	−292 000
Earnings Before Tax	4 500 000	4 307 000	1 613 000	2 940 000
Tax	995 000	949 000	356 000	654 000
Net Income	3 505 000	3 358 000	1 256 000	2 286 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 286 000	1 868 000	1 469 000	1 775 000
Total Current Assets	35 113 000	34 321 000	23 008 000	27 228 000
Total Assets	37 399 000	36 189 000	24 477 000	29 003 000
Total Retained Equity	14 310 000	11 305 000	8 946 000	7 690 000
Total Equity	15 310 000	12 305 000	9 946 000	8 690 000
Total Long-Term Debt	4 808 000	4 865 000	4 905 000	3 881 000
Total Current Debt	17 281 000	19 019 000	9 626 000	16 432 000
Total Equity and Debt	37 399 000	36 189 000	24 477 000	29 003 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	74 318 000	62 109 000	51 274 000	56 868 000
Other Income	27 000	384 000	216 000	48 000
Revenue	74 346 000	62 493 000	51 490 000	56 916 000
Cost of Goods Sold	41 969 000	33 592 000	28 151 000	31 854 000
Salary Costs	15 579 000	13 640 000	12 210 000	12 418 000
Depreciation	192 000	439 000	511 000	560 000
Impairment	0	0	0	0
Expenditure	69 820 000	57 863 000	49 757 000	53 684 000
Operating Profit	4 526 000	4 630 000	1 733 000	3 233 000
Financial Income	280 000	1 000	86 000	14 000
Financial Costs	307 000	324 000	206 000	306 000
Financial Balance	−27 000	−323 000	−120 000	−292 000
Dividends	500 000	1 000 000	0	1 000 000
Net Income	3 505 000	3 358 000	1 256 000	2 286 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 089 000	1 064 000	391 000	491 000
Real Eastate	4 000	10 000	15 000	21 000
Machinery and Plant Facilities	140 000	108 000	247 000	433 000
Fixtures	337 000	254 000	385 000	388 000
Total Tangible Assets	481 000	372 000	647 000	842 000
Total Fiancial Fixed Assets	716 000	432 000	432 000	441 000
Total Fixed Assets	2 286 000	1 868 000	1 469 000	1 775 000
Stock	19 595 000	15 777 000	14 118 000	14 322 000
Total Investments	0	0	0	0
Cash, Bank	6 179 000	2 180 000	646 000	773 000
Total Current Assets	35 113 000	34 321 000	23 008 000	27 228 000
Total Assets	37 399 000	36 189 000	24 477 000	29 003 000
Total Equity	15 310 000	12 305 000	9 946 000	8 690 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 808 000	4 865 000	4 905 000	3 881 000
Creditors	6 025 000	6 526 000	4 863 000	4 878 000
Unpaid Taxes	3 956 000	3 826 000	1 942 000	3 486 000
Dividends	500 000	1 000 000	0	1 000 000
Other Current Debt	6 280 000	7 677 000	2 061 000	4 012 000
Total Current Debt	17 281 000	19 019 000	9 626 000	16 432 000
Total Equity and Debt	37 399 000	36 189 000	24 477 000	29 003 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,89 %	27,29 %	12,63 %	26,31 %
Debt-to-Equity Ratio	0,31	0,4	0,49	0,45
Operating Profit Margin	6,09 %	7,41 %	3,37 %	5,68 %
Current Ratio	2,03	1,8	2,39	1,66
Quick Ratio	−15,17	10,59	−5,12	12,9
Equity Ratio	0,41	0,34	0,41	0,3
Gross Profit Margin	43,55 %	46,25 %	45,33 %	44,03 %