ALVA FORM AS

8266 MØRSVIKBOTN

Finances

Share Ownership

Return on Equity

25,69 %

Current Ratio

1,99

Debt-to-Equity Ratio

0,46

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 245 000	2 102 000	1 225 000	1 173 000
Net Income	139 000	198 000	202 000	83 000
Total Assets	1 190 000	988 000	751 000	576 000
Total Equity	541 000	402 000	304 000	202 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 245 000	2 102 000	1 225 000	1 173 000
Expenditure	2 090 000	1 894 000	962 000	1 064 000
Operating Profit	183 000	257 000	263 000	109 000
Financial Income	0	0	0	0
Financial Costs	1 000	4 000	0	3 000
Financial Balance	−1 000	−4 000	0	−3 000
Earnings Before Tax	182 000	253 000	263 000	107 000
Tax	43 000	56 000	61 000	23 000
Net Income	139 000	198 000	202 000	83 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	395 000	267 000	302 000	381 000
Total Current Assets	794 000	722 000	449 000	194 000
Total Assets	1 190 000	988 000	751 000	576 000
Total Retained Equity	511 000	372 000	274 000	172 000
Total Equity	541 000	402 000	304 000	202 000
Total Long-Term Debt	251 000	128 000	160 000	163 000
Total Current Debt	398 000	458 000	287 000	210 000
Total Equity and Debt	1 190 000	988 000	751 000	576 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 245 000	2 102 000	1 225 000	1 023 000
Other Income	0	0	0	150 000
Revenue	2 245 000	2 102 000	1 225 000	1 173 000
Cost of Goods Sold	339 000	272 000	169 000	108 000
Salary Costs	1 158 000	1 131 000	495 000	546 000
Depreciation	60 000	−20 000	48 000	22 000
Impairment	0	0	0	0
Expenditure	2 090 000	1 894 000	962 000	1 064 000
Operating Profit	183 000	257 000	263 000	109 000
Financial Income	0	0	0	0
Financial Costs	1 000	4 000	0	3 000
Financial Balance	−1 000	−4 000	0	−3 000
Dividends	0	100 000	100 000	0
Net Income	139 000	198 000	202 000	83 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	62 000	65 000	65 000	67 000
Machinery and Plant Facilities	89 000	17 000	17 000	26 000
Fixtures	245 000	85 000	20 000	81 000
Total Tangible Assets	395 000	167 000	102 000	175 000
Total Fiancial Fixed Assets	0	100 000	200 000	207 000
Total Fixed Assets	395 000	267 000	302 000	381 000
Stock	77 000	50 000	0	0
Total Investments	0	0	0	0
Cash, Bank	661 000	593 000	403 000	153 000
Total Current Assets	794 000	722 000	449 000	194 000
Total Assets	1 190 000	988 000	751 000	576 000
Total Equity	541 000	402 000	304 000	202 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	251 000	128 000	160 000	163 000
Creditors	67 000	90 000	2 000	91 000
Unpaid Taxes	179 000	91 000	67 000	41 000
Dividends	0	100 000	100 000	0
Other Current Debt	112 000	130 000	54 000	57 000
Total Current Debt	398 000	458 000	287 000	210 000
Total Equity and Debt	1 190 000	988 000	751 000	576 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,69 %	49,25 %	66,45 %	41,09 %
Debt-to-Equity Ratio	0,46	0,32	0,53	0,81
Operating Profit Margin	8,15 %	12,23 %	21,47 %	9,29 %
Current Ratio	1,99	1,58	1,56	0,92
Quick Ratio	2,47	1,77	1,56	0,92
Equity Ratio	0,45	0,41	0,4	0,35
Gross Profit Margin	84,9 %	87,06 %	86,2 %	90,79 %