ALTAFJORD AS

0581 OSLO

Finances

Share Ownership

Return on Equity

−1 984,31 %

Current Ratio

0,88

Debt-to-Equity Ratio

0,37

Key figures (NOK)	2022	2021	2020	2019
Revenue	29 575 000	27 035 000	26 254 000	40 495 000
Net Income	−1 012 000	−356 000	−195 000	660 000
Total Assets	5 159 000	6 479 000	6 859 000	7 632 000
Total Equity	51 000	1 063 000	1 420 000	1 615 000

Income (NOK)	2022	2021	2020	2019
Revenue	29 575 000	27 035 000	26 254 000	40 495 000
Expenditure	30 439 000	27 476 000	26 587 000	39 641 000
Operating Profit	−863 000	−442 000	−333 000	854 000
Financial Income	8 000	143 000	235 000	124 000
Financial Costs	443 000	153 000	151 000	275 000
Financial Balance	−435 000	−10 000	84 000	−151 000
Earnings Before Tax	−1 297 000	−453 000	−250 000	704 000
Tax	−285 000	−96 000	−55 000	43 000
Net Income	−1 012 000	−356 000	−195 000	660 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	685 000	504 000	507 000	35 000
Total Current Assets	4 474 000	5 975 000	6 352 000	7 597 000
Total Assets	5 159 000	6 479 000	6 859 000	7 632 000
Total Retained Equity	−670 000	342 000	698 000	893 000
Total Equity	51 000	1 063 000	1 420 000	1 615 000
Total Long-Term Debt	19 000	39 000	48 000	43 000
Total Current Debt	5 088 000	5 377 000	5 391 000	5 973 000
Total Equity and Debt	5 159 000	6 479 000	6 859 000	7 632 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	29 565 000	26 966 000	26 107 000	40 495 000
Other Income	11 000	68 000	147 000	0
Revenue	29 575 000	27 035 000	26 254 000	40 495 000
Cost of Goods Sold	26 674 000	23 866 000	22 969 000	35 376 000
Salary Costs	1 677 000	1 194 000	1 601 000	2 898 000
Depreciation	125 000	119 000	42 000	12 000
Impairment	0	0	0	0
Expenditure	30 439 000	27 476 000	26 587 000	39 641 000
Operating Profit	−863 000	−442 000	−333 000	854 000
Financial Income	8 000	143 000	235 000	124 000
Financial Costs	443 000	153 000	151 000	275 000
Financial Balance	−435 000	−10 000	84 000	−151 000
Dividends	0	0	0	100 000
Net Income	−1 012 000	−356 000	−195 000	660 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	372 000	87 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	312 000	417 000	507 000	35 000
Total Tangible Assets	312 000	417 000	507 000	35 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	685 000	504 000	507 000	35 000
Stock	1 453 000	2 908 000	3 176 000	3 110 000
Total Investments	0	0	0	0
Cash, Bank	340 000	683 000	170 000	450 000
Total Current Assets	4 474 000	5 975 000	6 352 000	7 597 000
Total Assets	5 159 000	6 479 000	6 859 000	7 632 000
Total Equity	51 000	1 063 000	1 420 000	1 615 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	19 000	39 000	48 000	43 000
Creditors	3 620 000	3 393 000	3 996 000	3 371 000
Unpaid Taxes	758 000	1 754 000	1 069 000	971 000
Dividends	0	0	0	100 000
Other Current Debt	711 000	229 000	326 000	1 491 000
Total Current Debt	5 088 000	5 377 000	5 391 000	5 973 000
Total Equity and Debt	5 159 000	6 479 000	6 859 000	7 632 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1 984,31 %	−33,49 %	−13,73 %	40,87 %
Debt-to-Equity Ratio	0,37	0,04	0,03	0,03
Operating Profit Margin	−2,92 %	−1,63 %	−1,27 %	2,11 %
Current Ratio	0,88	1,11	1,18	1,27
Quick Ratio	1,23	2,42	2,87	2,65
Equity Ratio	0,01	0,16	0,21	0,21
Gross Profit Margin	9,81 %	11,72 %	12,51 %	12,64 %