ALGETUN AS

5363 ÅGOTNES

Finances

Share Ownership

Return on Equity

36,17 %

Current Ratio

4,32

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 185 000	1 495 000	889 000	2 344 000
Net Income	336 000	24 000	−59 000	340 000
Total Assets	1 142 000	1 351 000	1 321 000	1 079 000
Total Equity	929 000	593 000	568 000	627 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 185 000	1 495 000	889 000	2 344 000
Expenditure	1 849 000	1 469 000	944 000	1 945 000
Operating Profit	337 000	27 000	−61 000	339 000
Financial Income	1 000	0	2 000	1 000
Financial Costs	1 000	2 000	0	0
Financial Balance	0	−2 000	2 000	1 000
Earnings Before Tax	336 000	24 000	−59 000	340 000
Tax	0	0	0	0
Net Income	336 000	24 000	−59 000	340 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	223 000	320 000	317 000	304 000
Total Current Assets	920 000	1 031 000	1 003 000	775 000
Total Assets	1 142 000	1 351 000	1 321 000	1 079 000
Total Retained Equity	504 000	167 000	143 000	202 000
Total Equity	929 000	593 000	568 000	627 000
Total Long-Term Debt	0	600 000	600 000	350 000
Total Current Debt	213 000	159 000	152 000	101 000
Total Equity and Debt	1 142 000	1 351 000	1 321 000	1 079 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 065 000	181 000	194 000	1 744 000
Other Income	120 000	1 314 000	694 000	600 000
Revenue	2 185 000	1 495 000	889 000	2 344 000
Cost of Goods Sold	113 000	95 000	18 000	697 000
Salary Costs	855 000	804 000	454 000	177 000
Depreciation	97 000	86 000	55 000	37 000
Impairment	0	0	0	12 000
Expenditure	1 849 000	1 469 000	944 000	1 945 000
Operating Profit	337 000	27 000	−61 000	339 000
Financial Income	1 000	0	2 000	1 000
Financial Costs	1 000	2 000	0	0
Financial Balance	0	−2 000	2 000	1 000
Dividends	0	0	0	0
Net Income	336 000	24 000	−59 000	340 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	12 000	12 000	12 000	12 000
Real Eastate	42 000	0	0	0
Machinery and Plant Facilities	0	0	111 000	143 000
Fixtures	169 000	308 000	195 000	149 000
Total Tangible Assets	211 000	308 000	305 000	292 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	223 000	320 000	317 000	304 000
Stock	0	0	0	5 000
Total Investments	0	0	0	0
Cash, Bank	685 000	248 000	530 000	519 000
Total Current Assets	920 000	1 031 000	1 003 000	775 000
Total Assets	1 142 000	1 351 000	1 321 000	1 079 000
Total Equity	929 000	593 000	568 000	627 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	600 000	600 000	350 000
Creditors	5 000	29 000	36 000	38 000
Unpaid Taxes	128 000	52 000	75 000	53 000
Dividends	0	0	0	0
Other Current Debt	81 000	77 000	42 000	11 000
Total Current Debt	213 000	159 000	152 000	101 000
Total Equity and Debt	1 142 000	1 351 000	1 321 000	1 079 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,17 %	4,05 %	−10,39 %	54,23 %
Debt-to-Equity Ratio	0	1,01	1,06	0,56
Operating Profit Margin	15,42 %	1,81 %	−6,86 %	14,46 %
Current Ratio	4,32	6,48	6,6	7,67
Quick Ratio	4,32	6,48	6,6	8,07
Equity Ratio	0,81	0,44	0,43	0,58
Gross Profit Margin	94,83 %	93,65 %	97,98 %	70,26 %