ALGUTO TECHNOLOGY AS

6091 FOSNAVÅG

Finances

Return on Equity

6,39 %

Current Ratio

11,67

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 068 000	1 883 000	1 428 000	735 000
Net Income	201 000	124 000	−54 000	−1 273 000
Total Assets	3 406 000	3 194 000	3 867 000	3 798 000
Total Equity	3 144 000	2 943 000	2 819 000	2 874 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 068 000	1 883 000	1 428 000	735 000
Expenditure	1 834 000	1 732 000	1 547 000	2 074 000
Operating Profit	233 000	151 000	−119 000	−1 338 000
Financial Income	19 000	3 000	39 000	3 000
Financial Costs	0	21 000	0	53 000
Financial Balance	19 000	−18 000	39 000	−50 000
Earnings Before Tax	252 000	134 000	−80 000	−1 388 000
Tax	51 000	10 000	−26 000	−115 000
Net Income	201 000	124 000	−54 000	−1 273 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	349 000	382 000	412 000	352 000
Total Current Assets	3 057 000	2 812 000	3 455 000	3 446 000
Total Assets	3 406 000	3 194 000	3 867 000	3 798 000
Total Retained Equity	3 094 000	2 893 000	2 769 000	2 824 000
Total Equity	3 144 000	2 943 000	2 819 000	2 874 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	262 000	250 000	1 048 000	924 000
Total Equity and Debt	3 406 000	3 194 000	3 867 000	3 798 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 068 000	1 775 000	1 428 000	611 000
Other Income	0	108 000	0	124 000
Revenue	2 068 000	1 883 000	1 428 000	735 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 556 000	1 451 000	1 377 000	808 000
Depreciation	0	0	4 000	7 000
Impairment	0	0	0	0
Expenditure	1 834 000	1 732 000	1 547 000	2 074 000
Operating Profit	233 000	151 000	−119 000	−1 338 000
Financial Income	19 000	3 000	39 000	3 000
Financial Costs	0	21 000	0	53 000
Financial Balance	19 000	−18 000	39 000	−50 000
Dividends	0	0	0	0
Net Income	201 000	124 000	−54 000	−1 273 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	143 000	195 000	204 000	178 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	4 000
Total Tangible Assets	0	0	0	4 000
Total Fiancial Fixed Assets	206 000	187 000	208 000	170 000
Total Fixed Assets	349 000	382 000	412 000	352 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 689 000	2 494 000	3 081 000	3 314 000
Total Current Assets	3 057 000	2 812 000	3 455 000	3 446 000
Total Assets	3 406 000	3 194 000	3 867 000	3 798 000
Total Equity	3 144 000	2 943 000	2 819 000	2 874 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	4 000	6 000	834 000	812 000
Unpaid Taxes	97 000	91 000	69 000	27 000
Dividends	0	0	0	0
Other Current Debt	161 000	153 000	145 000	84 000
Total Current Debt	262 000	250 000	1 048 000	924 000
Total Equity and Debt	3 406 000	3 194 000	3 867 000	3 798 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,39 %	4,21 %	−1,92 %	−44,29 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	11,27 %	8,02 %	−8,33 %	−182,04 %
Current Ratio	11,67	11,25	3,3	3,73
Quick Ratio	11,67	11,25	3,3	3,73
Equity Ratio	0,92	0,92	0,73	0,76
Gross Profit Margin	100 %	100 %	100 %	100 %