BUBBLES AS

4331 ÅLGÅRD

Finances

Return on Equity

27,51 %

Current Ratio

0,49

Debt-to-Equity Ratio

0,83

Key figures (NOK)	2022	2021	2020	2019
Revenue	977 000	402 000	678 000	0
Net Income	4 408 000	5 072 000	1 473 000	472 000
Total Assets	35 609 000	34 130 000	29 433 000	5 200 000
Total Equity	16 025 000	11 617 000	6 545 000	5 072 000

Income (NOK)	2022	2021	2020	2019
Revenue	977 000	402 000	678 000	0
Expenditure	412 000	261 000	581 000	15 000
Operating Profit	565 000	141 000	98 000	−15 000
Financial Income	4 382 000	5 234 000	1 548 000	528 000
Financial Costs	494 000	304 000	87 000	0
Financial Balance	3 888 000	4 930 000	1 461 000	528 000
Earnings Before Tax	4 453 000	5 071 000	1 559 000	513 000
Tax	45 000	−2 000	86 000	40 000
Net Income	4 408 000	5 072 000	1 473 000	472 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	32 505 000	30 614 000	27 996 000	3 691 000
Total Current Assets	3 105 000	3 516 000	1 438 000	1 509 000
Total Assets	35 609 000	34 130 000	29 433 000	5 200 000
Total Retained Equity	15 035 000	10 627 000	5 555 000	4 082 000
Total Equity	16 025 000	11 617 000	6 545 000	5 072 000
Total Long-Term Debt	13 276 000	13 924 000	12 002 000	0
Total Current Debt	6 308 000	8 589 000	10 887 000	129 000
Total Equity and Debt	35 609 000	34 130 000	29 433 000	5 200 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	101 000	73 000	678 000	0
Other Income	876 000	330 000	0	0
Revenue	977 000	402 000	678 000	0
Cost of Goods Sold	117 000	17 000	500 000	0
Salary Costs	0	0	0	0
Depreciation	7 000	7 000	1 000	0
Impairment	0	0	0	0
Expenditure	412 000	261 000	581 000	15 000
Operating Profit	565 000	141 000	98 000	−15 000
Financial Income	4 382 000	5 234 000	1 548 000	528 000
Financial Costs	494 000	304 000	87 000	0
Financial Balance	3 888 000	4 930 000	1 461 000	528 000
Dividends	0	0	0	0
Net Income	4 408 000	5 072 000	1 473 000	472 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	32 189 000	30 431 000	27 328 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	160 000	27 000	34 000	0
Total Tangible Assets	32 350 000	30 459 000	27 362 000	0
Total Fiancial Fixed Assets	155 000	155 000	634 000	3 691 000
Total Fixed Assets	32 505 000	30 614 000	27 996 000	3 691 000
Stock	0	105 000	105 000	944 000
Total Investments	0	0	0	0
Cash, Bank	2 692 000	3 428 000	1 262 000	551 000
Total Current Assets	3 105 000	3 516 000	1 438 000	1 509 000
Total Assets	35 609 000	34 130 000	29 433 000	5 200 000
Total Equity	16 025 000	11 617 000	6 545 000	5 072 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	13 276 000	13 924 000	12 002 000	0
Creditors	8 000	103 000	6 000	0
Unpaid Taxes	0	−2 000	81 000	0
Dividends	0	0	0	0
Other Current Debt	6 256 000	8 488 000	10 716 000	89 000
Total Current Debt	6 308 000	8 589 000	10 887 000	129 000
Total Equity and Debt	35 609 000	34 130 000	29 433 000	5 200 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,51 %	43,66 %	22,51 %	9,31 %
Debt-to-Equity Ratio	0,83	1,2	1,83	0
Operating Profit Margin	57,83 %	35,07 %	14,45 %	-
Current Ratio	0,49	0,41	0,13	11,7
Quick Ratio	0,49	0,41	0,13	−1,85
Equity Ratio	0,45	0,34	0,22	0,98
Gross Profit Margin	88,02 %	95,77 %	26,25 %	-