ALGAM NORDIC AS

0884 OSLO

Finances

Share Ownership

Return on Equity

−158,87 %

Current Ratio

1,01

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	19 420 000	22 700 000	18 793 000	3 738 000
Net Income	−224 000	323 000	149 000	24 000
Total Assets	4 799 000	4 558 000	4 636 000	3 341 000
Total Equity	141 000	365 000	42 000	−107 000

Income (NOK)	2022	2021	2020	2019
Revenue	19 420 000	22 700 000	18 793 000	3 738 000
Expenditure	19 703 000	22 286 000	18 589 000	3 696 000
Operating Profit	−282 000	415 000	204 000	42 000
Financial Income	4 000	2 000	0	0
Financial Costs	9 000	3 000	8 000	11 000
Financial Balance	−5 000	−1 000	−8 000	−11 000
Earnings Before Tax	−287 000	414 000	197 000	31 000
Tax	−63 000	91 000	48 000	7 000
Net Income	−224 000	323 000	149 000	24 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	111 000	22 000	52 000	46 000
Total Current Assets	4 688 000	4 536 000	4 584 000	3 295 000
Total Assets	4 799 000	4 558 000	4 636 000	3 341 000
Total Retained Equity	111 000	335 000	12 000	−137 000
Total Equity	141 000	365 000	42 000	−107 000
Total Long-Term Debt	0	0	7 000	313 000
Total Current Debt	4 657 000	4 193 000	4 587 000	3 135 000
Total Equity and Debt	4 799 000	4 558 000	4 636 000	3 341 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 259 000	20 167 000	16 667 000	3 324 000
Other Income	2 161 000	2 533 000	2 126 000	414 000
Revenue	19 420 000	22 700 000	18 793 000	3 738 000
Cost of Goods Sold	17 342 000	20 296 000	16 696 000	3 330 000
Salary Costs	1 678 000	1 501 000	1 398 000	70 000
Depreciation	8 000	8 000	2 000	0
Impairment	0	0	0	0
Expenditure	19 703 000	22 286 000	18 589 000	3 696 000
Operating Profit	−282 000	415 000	204 000	42 000
Financial Income	4 000	2 000	0	0
Financial Costs	9 000	3 000	8 000	11 000
Financial Balance	−5 000	−1 000	−8 000	−11 000
Dividends	0	0	0	0
Net Income	−224 000	323 000	149 000	24 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	71 000	8 000	0	38 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	6 000	14 000	21 000	0
Total Tangible Assets	6 000	14 000	21 000	0
Total Fiancial Fixed Assets	34 000	0	30 000	8 000
Total Fixed Assets	111 000	22 000	52 000	46 000
Stock	0	0	0	33 000
Total Investments	0	0	0	0
Cash, Bank	286 000	453 000	1 069 000	189 000
Total Current Assets	4 688 000	4 536 000	4 584 000	3 295 000
Total Assets	4 799 000	4 558 000	4 636 000	3 341 000
Total Equity	141 000	365 000	42 000	−107 000
Short-Term Group Debt	3 083 000	2 846 000	3 426 000	0
Total Long-Term Debt	0	0	7 000	313 000
Creditors	52 000	30 000	70 000	2 376 000
Unpaid Taxes	1 338 000	1 043 000	925 000	671 000
Dividends	0	0	0	0
Other Current Debt	185 000	174 000	157 000	88 000
Total Current Debt	4 657 000	4 193 000	4 587 000	3 135 000
Total Equity and Debt	4 799 000	4 558 000	4 636 000	3 341 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−158,87 %	88,49 %	354,76 %	−22,43 %
Debt-to-Equity Ratio	0	0	0,17	−2,93
Operating Profit Margin	−1,45 %	1,83 %	1,09 %	1,12 %
Current Ratio	1,01	1,08	1	1,05
Quick Ratio	1,01	1,08	1	1,06
Equity Ratio	0,03	0,08	0,01	−0,03
Gross Profit Margin	10,7 %	10,59 %	11,16 %	10,91 %