ALTIMAX AS

3734 SKIEN

Finances

Share Ownership

Return on Equity

90,85 %

Current Ratio

1,21

Debt-to-Equity Ratio

0,65

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 480 000	1 428 000	1 771 000	1 321 000
Net Income	129 000	−75 000	23 000	143 000
Total Assets	595 000	371 000	541 000	317 000
Total Equity	142 000	13 000	88 000	65 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 480 000	1 428 000	1 771 000	1 321 000
Expenditure	1 306 000	1 514 000	1 750 000	1 156 000
Operating Profit	173 000	−86 000	21 000	165 000
Financial Income	0	0	0	0
Financial Costs	8 000	9 000	10 000	2 000
Financial Balance	−8 000	−9 000	−10 000	−2 000
Earnings Before Tax	165 000	−96 000	11 000	163 000
Tax	36 000	−21 000	−12 000	20 000
Net Income	129 000	−75 000	23 000	143 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	158 000	172 000	185 000	8 000
Total Current Assets	437 000	199 000	356 000	309 000
Total Assets	595 000	371 000	541 000	317 000
Total Retained Equity	122 000	−6 000	69 000	46 000
Total Equity	142 000	13 000	88 000	65 000
Total Long-Term Debt	92 000	134 000	177 000	0
Total Current Debt	360 000	224 000	277 000	252 000
Total Equity and Debt	595 000	371 000	541 000	317 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 480 000	1 428 000	1 771 000	1 224 000
Other Income	0	0	0	97 000
Revenue	1 480 000	1 428 000	1 771 000	1 321 000
Cost of Goods Sold	286 000	208 000	343 000	160 000
Salary Costs	702 000	1 011 000	1 142 000	753 000
Depreciation	49 000	47 000	39 000	24 000
Impairment	0	0	0	0
Expenditure	1 306 000	1 514 000	1 750 000	1 156 000
Operating Profit	173 000	−86 000	21 000	165 000
Financial Income	0	0	0	0
Financial Costs	8 000	9 000	10 000	2 000
Financial Balance	−8 000	−9 000	−10 000	−2 000
Dividends	0	0	0	0
Net Income	129 000	−75 000	23 000	143 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	18 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	137 000	125 000	164 000	0
Fixtures	21 000	29 000	21 000	8 000
Total Tangible Assets	158 000	154 000	185 000	8 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	158 000	172 000	185 000	8 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	229 000	143 000	338 000	138 000
Total Current Assets	437 000	199 000	356 000	309 000
Total Assets	595 000	371 000	541 000	317 000
Total Equity	142 000	13 000	88 000	65 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	92 000	134 000	177 000	0
Creditors	49 000	10 000	17 000	2 000
Unpaid Taxes	199 000	90 000	140 000	153 000
Dividends	0	0	0	0
Other Current Debt	95 000	125 000	120 000	78 000
Total Current Debt	360 000	224 000	277 000	252 000
Total Equity and Debt	595 000	371 000	541 000	317 000

Financial indicators	2022	2021	2020	2019
Return on Equity	90,85 %	−576,92 %	26,14 %	220 %
Debt-to-Equity Ratio	0,65	10,31	2,01	0
Operating Profit Margin	11,69 %	−6,02 %	1,19 %	12,49 %
Current Ratio	1,21	0,89	1,29	1,23
Quick Ratio	1,21	0,89	1,29	1,23
Equity Ratio	0,24	0,04	0,16	0,21
Gross Profit Margin	80,68 %	85,43 %	80,63 %	87,89 %