ALGEA AS

6517 KRISTIANSUND N

Finances

Return on Equity

12,77 %

Current Ratio

2,29

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	226 418 000	182 457 000	170 521 000	155 208 000
Net Income	25 103 000	15 172 000	20 489 000	22 693 000
Total Assets	272 110 000	227 791 000	197 361 000	174 445 000
Total Equity	196 596 000	172 997 000	159 703 000	138 144 000

Income (NOK)	2022	2021	2020	2019
Revenue	226 418 000	182 457 000	170 521 000	155 208 000
Expenditure	113 815 000	82 152 000	78 912 000	68 289 000
Operating Profit	28 590 000	16 533 000	25 387 000	30 123 000
Financial Income	6 477 000	4 959 000	5 523 000	1 977 000
Financial Costs	2 833 000	2 539 000	4 678 000	2 701 000
Financial Balance	3 644 000	2 420 000	845 000	−724 000
Earnings Before Tax	32 234 000	18 953 000	26 232 000	29 399 000
Tax	7 131 000	3 781 000	5 743 000	6 706 000
Net Income	25 103 000	15 172 000	20 489 000	22 693 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	124 596 000	113 178 000	86 065 000	76 088 000
Total Current Assets	147 514 000	114 613 000	111 296 000	98 357 000
Total Assets	272 110 000	227 791 000	197 361 000	174 445 000
Total Retained Equity	191 638 000	168 039 000	154 745 000	133 186 000
Total Equity	196 596 000	172 997 000	159 703 000	138 144 000
Total Long-Term Debt	11 142 000	7 618 000	5 076 000	6 427 000
Total Current Debt	64 372 000	47 176 000	32 581 000	29 874 000
Total Equity and Debt	272 110 000	227 791 000	197 361 000	174 445 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	224 476 000	181 088 000	167 496 000	152 826 000
Other Income	1 942 000	1 369 000	3 025 000	2 382 000
Revenue	226 418 000	182 457 000	170 521 000	155 208 000
Cost of Goods Sold	0	0	0	0
Salary Costs	34 995 000	27 791 000	25 613 000	23 947 000
Depreciation	24 514 000	16 230 000	12 999 000	10 880 000
Impairment	2 991 000	0	0	0
Expenditure	113 815 000	82 152 000	78 912 000	68 289 000
Operating Profit	28 590 000	16 533 000	25 387 000	30 123 000
Financial Income	6 477 000	4 959 000	5 523 000	1 977 000
Financial Costs	2 833 000	2 539 000	4 678 000	2 701 000
Financial Balance	3 644 000	2 420 000	845 000	−724 000
Dividends	0	0	0	0
Net Income	25 103 000	15 172 000	20 489 000	22 693 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 881 000	2 491 000	1 248 000	1 999 000
Real Eastate	37 308 000	35 987 000	33 470 000	33 344 000
Machinery and Plant Facilities	60 745 000	58 358 000	33 415 000	22 913 000
Fixtures	1 946 000	745 000	582 000	736 000
Total Tangible Assets	116 106 000	108 333 000	83 385 000	72 656 000
Total Fiancial Fixed Assets	4 609 000	2 353 000	1 432 000	1 432 000
Total Fixed Assets	124 596 000	113 178 000	86 065 000	76 088 000
Stock	41 729 000	27 015 000	28 410 000	28 085 000
Total Investments	0	0	0	0
Cash, Bank	10 528 000	12 531 000	10 973 000	9 609 000
Total Current Assets	147 514 000	114 613 000	111 296 000	98 357 000
Total Assets	272 110 000	227 791 000	197 361 000	174 445 000
Total Equity	196 596 000	172 997 000	159 703 000	138 144 000
Short-Term Group Debt	11 436 000	8 541 000	7 542 000	5 485 000
Total Long-Term Debt	11 142 000	7 618 000	5 076 000	6 427 000
Creditors	20 073 000	11 849 000	7 641 000	7 869 000
Unpaid Taxes	2 015 000	1 679 000	1 341 000	1 197 000
Dividends	0	0	0	0
Other Current Debt	23 273 000	20 681 000	10 829 000	8 850 000
Total Current Debt	64 372 000	47 176 000	32 581 000	29 874 000
Total Equity and Debt	272 110 000	227 791 000	197 361 000	174 445 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,77 %	8,77 %	12,83 %	16,43 %
Debt-to-Equity Ratio	0,06	0,04	0,03	0,05
Operating Profit Margin	12,63 %	9,06 %	14,89 %	19,41 %
Current Ratio	2,29	2,43	3,42	3,29
Quick Ratio	6,51	5,68	26,68	54,98
Equity Ratio	0,72	0,76	0,81	0,79
Gross Profit Margin	100 %	100 %	100 %	100 %