ALTAELVA AS

9409 HARSTAD

Finances

Share Ownership

Return on Equity

14,5 %

Current Ratio

2,48

Debt-to-Equity Ratio

2,17

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 288 000	2 180 000	2 659 000	1 499 000
Net Income	813 000	801 000	1 122 000	105 000
Total Assets	19 093 000	19 786 000	20 651 000	21 005 000
Total Equity	5 608 000	5 645 000	5 694 000	5 573 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 288 000	2 180 000	2 659 000	1 499 000
Expenditure	877 000	885 000	887 000	953 000
Operating Profit	1 411 000	1 296 000	1 773 000	546 000
Financial Income	52 000	10 000	15 000	23 000
Financial Costs	421 000	280 000	350 000	435 000
Financial Balance	−369 000	−270 000	−335 000	−412 000
Earnings Before Tax	1 042 000	1 027 000	1 438 000	135 000
Tax	229 000	226 000	316 000	30 000
Net Income	813 000	801 000	1 122 000	105 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 814 000	16 426 000	17 068 000	17 532 000
Total Current Assets	3 279 000	3 361 000	3 583 000	3 473 000
Total Assets	19 093 000	19 786 000	20 651 000	21 005 000
Total Retained Equity	8 000	45 000	94 000	−27 000
Total Equity	5 608 000	5 645 000	5 694 000	5 573 000
Total Long-Term Debt	12 164 000	12 907 000	13 453 000	13 500 000
Total Current Debt	1 320 000	1 234 000	1 504 000	1 932 000
Total Equity and Debt	19 093 000	19 786 000	20 651 000	21 005 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	93 000	96 000	2 140 000	1 499 000
Other Income	2 195 000	2 084 000	519 000	0
Revenue	2 288 000	2 180 000	2 659 000	1 499 000
Cost of Goods Sold	93 000	96 000	94 000	0
Salary Costs	0	0	0	0
Depreciation	612 000	609 000	607 000	603 000
Impairment	0	0	0	0
Expenditure	877 000	885 000	887 000	953 000
Operating Profit	1 411 000	1 296 000	1 773 000	546 000
Financial Income	52 000	10 000	15 000	23 000
Financial Costs	421 000	280 000	350 000	435 000
Financial Balance	−369 000	−270 000	−335 000	−412 000
Dividends	850 000	850 000	1 000 000	0
Net Income	813 000	801 000	1 122 000	105 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	9 000
Real Eastate	15 814 000	16 426 000	17 068 000	17 522 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	15 814 000	16 426 000	17 068 000	17 522 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	15 814 000	16 426 000	17 068 000	17 532 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 259 000	3 361 000	3 583 000	2 483 000
Total Current Assets	3 279 000	3 361 000	3 583 000	3 473 000
Total Assets	19 093 000	19 786 000	20 651 000	21 005 000
Total Equity	5 608 000	5 645 000	5 694 000	5 573 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	12 164 000	12 907 000	13 453 000	13 500 000
Creditors	21 000	2 000	162 000	242 000
Unpaid Taxes	91 000	101 000	103 000	0
Dividends	850 000	850 000	1 000 000	0
Other Current Debt	137 000	72 000	72 000	1 690 000
Total Current Debt	1 320 000	1 234 000	1 504 000	1 932 000
Total Equity and Debt	19 093 000	19 786 000	20 651 000	21 005 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,5 %	14,19 %	19,7 %	1,88 %
Debt-to-Equity Ratio	2,17	2,29	2,36	2,42
Operating Profit Margin	61,67 %	59,45 %	66,68 %	36,42 %
Current Ratio	2,48	2,72	2,38	1,8
Quick Ratio	2,48	2,72	2,38	1,8
Equity Ratio	0,29	0,29	0,28	0,27
Gross Profit Margin	95,94 %	95,6 %	96,46 %	100 %