EIENDOMSUTVIKLING ÅLESUND AS

6020 ÅLESUND

Finances

Share Ownership

Return on Equity

20,32 %

Current Ratio

12,14

Debt-to-Equity Ratio

11,8

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 225 000	7 779 000	21 932 000	16 481 000
Net Income	493 000	650 000	116 000	417 000
Total Assets	33 824 000	14 023 000	14 295 000	19 229 000
Total Equity	2 426 000	2 440 000	2 467 000	2 477 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 225 000	7 779 000	21 932 000	16 481 000
Expenditure	28 132 000	7 524 000	17 154 000	21 431 000
Operating Profit	634 000	836 000	177 000	582 000
Financial Income	2 000	0	1 000	0
Financial Costs	0	2 000	26 000	44 000
Financial Balance	2 000	−2 000	−25 000	−44 000
Earnings Before Tax	636 000	834 000	151 000	539 000
Tax	143 000	185 000	35 000	121 000
Net Income	493 000	650 000	116 000	417 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	276 000	883 000	2 083 000	1 037 000
Total Current Assets	33 548 000	13 140 000	12 211 000	18 192 000
Total Assets	33 824 000	14 023 000	14 295 000	19 229 000
Total Retained Equity	1 475 000	1 489 000	1 515 000	1 525 000
Total Equity	2 426 000	2 440 000	2 467 000	2 477 000
Total Long-Term Debt	28 634 000	10 921 000	10 832 000	15 042 000
Total Current Debt	2 763 000	661 000	996 000	1 710 000
Total Equity and Debt	33 824 000	14 023 000	14 295 000	19 229 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 225 000	7 779 000	21 932 000	16 479 000
Other Income	0	0	0	2 000
Revenue	9 225 000	7 779 000	21 932 000	16 481 000
Cost of Goods Sold	28 054 000	7 475 000	17 102 000	21 093 000
Salary Costs	0	0	8 000	46 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	28 132 000	7 524 000	17 154 000	21 431 000
Operating Profit	634 000	836 000	177 000	582 000
Financial Income	2 000	0	1 000	0
Financial Costs	0	2 000	26 000	44 000
Financial Balance	2 000	−2 000	−25 000	−44 000
Dividends	0	0	0	0
Net Income	493 000	650 000	116 000	417 000

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	276 000	883 000	2 083 000	1 037 000
Total Fixed Assets	276 000	883 000	2 083 000	1 037 000
Stock	30 401 000	12 427 000	11 845 000	16 446 000
Total Investments	0	0	0	0
Cash, Bank	432 000	713 000	351 000	1 745 000
Total Current Assets	33 548 000	13 140 000	12 211 000	18 192 000
Total Assets	33 824 000	14 023 000	14 295 000	19 229 000
Total Equity	2 426 000	2 440 000	2 467 000	2 477 000
Short-Term Group Debt	650 000	0	0	0
Total Long-Term Debt	28 634 000	10 921 000	10 832 000	15 042 000
Creditors	1 277 000	361 000	908 000	1 437 000
Unpaid Taxes	0	0	0	23 000
Dividends	0	0	0	0
Other Current Debt	836 000	300 000	88 000	142 000
Total Current Debt	2 763 000	661 000	996 000	1 710 000
Total Equity and Debt	33 824 000	14 023 000	14 295 000	19 229 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,32 %	26,64 %	4,7 %	16,83 %
Debt-to-Equity Ratio	11,8	4,48	4,39	6,07
Operating Profit Margin	6,87 %	10,75 %	0,81 %	3,53 %
Current Ratio	12,14	19,88	12,26	10,64
Quick Ratio	−1,21	−1,12	−1,13	−1,23
Equity Ratio	0,07	0,17	0,17	0,13
Gross Profit Margin	−204,11 %	3,91 %	22,02 %	−27,98 %