ALTITUDE MANAGEMENT AS

1364 FORNEBU

Finances

Return on Equity

331,42 %

Current Ratio

0,03

Debt-to-Equity Ratio

−0,96

Key figures (NOK)	2022	2021	2020	2019
Revenue	18 000	17 000	17 000	105 000
Net Income	−7 437 000	−34 000	−34 000	4 862 000
Total Assets	572 000	7 353 000	7 353 000	7 168 000
Total Equity	−2 244 000	5 192 000	5 227 000	5 261 000

Income (NOK)	2022	2021	2020	2019
Revenue	18 000	17 000	17 000	105 000
Expenditure	55 000	52 000	43 000	140 000
Operating Profit	−37 000	−34 000	−26 000	−35 000
Financial Income	0	0	0	4 928 000
Financial Costs	7 400 000	0	8 000	31 000
Financial Balance	−7 400 000	0	−8 000	4 897 000
Earnings Before Tax	−7 437 000	−34 000	−34 000	4 862 000
Tax	0	0	0	0
Net Income	−7 437 000	−34 000	−34 000	4 862 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	553 000	7 353 000	7 353 000	0
Total Current Assets	19 000	0	0	7 168 000
Total Assets	572 000	7 353 000	7 353 000	7 168 000
Total Retained Equity	−2 274 000	5 162 000	5 197 000	5 231 000
Total Equity	−2 244 000	5 192 000	5 227 000	5 261 000
Total Long-Term Debt	2 145 000	2 145 000	2 126 000	1 907 000
Total Current Debt	671 000	16 000	0	0
Total Equity and Debt	572 000	7 353 000	7 353 000	7 168 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	18 000	17 000	17 000	105 000
Other Income	0	0	0	0
Revenue	18 000	17 000	17 000	105 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	55 000	52 000	43 000	140 000
Operating Profit	−37 000	−34 000	−26 000	−35 000
Financial Income	0	0	0	4 928 000
Financial Costs	7 400 000	0	8 000	31 000
Financial Balance	−7 400 000	0	−8 000	4 897 000
Dividends	0	0	0	0
Net Income	−7 437 000	−34 000	−34 000	4 862 000

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	553 000	7 353 000	7 353 000	0
Total Fixed Assets	553 000	7 353 000	7 353 000	0
Stock	0	0	0	0
Total Investments	0	0	0	7 153 000
Cash, Bank	0	0	0	15 000
Total Current Assets	19 000	0	0	7 168 000
Total Assets	572 000	7 353 000	7 353 000	7 168 000
Total Equity	−2 244 000	5 192 000	5 227 000	5 261 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 145 000	2 145 000	2 126 000	1 907 000
Creditors	35 000	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	635 000	16 000	0	0
Total Current Debt	671 000	16 000	0	0
Total Equity and Debt	572 000	7 353 000	7 353 000	7 168 000

Financial indicators	2022	2021	2020	2019
Return on Equity	331,42 %	−0,65 %	−0,65 %	92,42 %
Debt-to-Equity Ratio	−0,96	0,41	0,41	0,36
Operating Profit Margin	−205,56 %	−200 %	−152,94 %	−33,33 %
Current Ratio	0,03	0	-	-
Quick Ratio	0,03	0	-	-
Equity Ratio	−3,92	0,71	0,71	0,73
Gross Profit Margin	100 %	100 %	100 %	100 %