ÅLESUND UTVIKLING AS

6065 ULSTEINVIK

Finances

Return on Equity

12,73 %

Current Ratio

2,11

Debt-to-Equity Ratio

3,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	1 638 000	1 649 000
Net Income	9 041 000	9 728 000	11 314 000	5 811 000
Total Assets	303 268 000	309 595 000	276 553 000	270 979 000
Total Equity	71 040 000	69 654 000	67 415 000	62 528 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	1 638 000	1 649 000
Expenditure	309 000	263 000	1 732 000	1 686 000
Operating Profit	−309 000	−263 000	−94 000	−37 000
Financial Income	16 157 000	14 809 000	14 552 000	11 204 000
Financial Costs	8 480 000	9 199 000	11 190 000	5 798 000
Financial Balance	7 677 000	5 610 000	3 362 000	5 406 000
Earnings Before Tax	8 171 000	8 936 000	11 096 000	5 369 000
Tax	−870 000	−792 000	−218 000	−442 000
Net Income	9 041 000	9 728 000	11 314 000	5 811 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	279 193 000	250 411 000	240 672 000	249 855 000
Total Current Assets	24 075 000	59 184 000	35 881 000	21 124 000
Total Assets	303 268 000	309 595 000	276 553 000	270 979 000
Total Retained Equity	24 685 000	22 661 000	20 421 000	15 262 000
Total Equity	71 040 000	69 654 000	67 415 000	62 528 000
Total Long-Term Debt	220 800 000	230 000 000	200 000 000	187 172 000
Total Current Debt	11 427 000	9 941 000	9 139 000	21 279 000
Total Equity and Debt	303 268 000	309 595 000	276 553 000	270 979 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	1 638 000	1 649 000
Other Income	0	0	0	0
Revenue	0	0	1 638 000	1 649 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	309 000	263 000	1 732 000	1 686 000
Operating Profit	−309 000	−263 000	−94 000	−37 000
Financial Income	16 157 000	14 809 000	14 552 000	11 204 000
Financial Costs	8 480 000	9 199 000	11 190 000	5 798 000
Financial Balance	7 677 000	5 610 000	3 362 000	5 406 000
Dividends	0	0	0	15 000 000
Net Income	9 041 000	9 728 000	11 314 000	5 811 000

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	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	279 193 000	250 411 000	240 672 000	249 855 000
Total Fixed Assets	279 193 000	250 411 000	240 672 000	249 855 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	6 548 000	43 799 000	24 222 000	8 482 000
Total Current Assets	24 075 000	59 184 000	35 881 000	21 124 000
Total Assets	303 268 000	309 595 000	276 553 000	270 979 000
Total Equity	71 040 000	69 654 000	67 415 000	62 528 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	220 800 000	230 000 000	200 000 000	187 172 000
Creditors	0	13 000	10 000	1 649 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	15 000 000
Other Current Debt	11 427 000	9 929 000	9 129 000	4 631 000
Total Current Debt	11 427 000	9 941 000	9 139 000	21 279 000
Total Equity and Debt	303 268 000	309 595 000	276 553 000	270 979 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,73 %	13,97 %	16,78 %	9,29 %
Debt-to-Equity Ratio	3,11	3,3	2,97	2,99
Operating Profit Margin	-	-	−5,74 %	−2,24 %
Current Ratio	2,11	5,95	3,93	0,99
Quick Ratio	2,11	5,95	3,93	0,99
Equity Ratio	0,23	0,22	0,24	0,23
Gross Profit Margin	-	-	100 %	100 %