ALTAR ELEKTRO AS

0666 OSLO

Finances

Share Ownership

Return on Equity

156,91 %

Current Ratio

1,08

Debt-to-Equity Ratio

3,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 435 000	7 123 000	3 622 000	3 354 000
Net Income	193 000	1 500 000	140 000	555 000
Total Assets	1 971 000	3 821 000	1 038 000	1 487 000
Total Equity	123 000	30 000	230 000	710 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 435 000	7 123 000	3 622 000	3 354 000
Expenditure	5 165 000	5 187 000	3 435 000	2 637 000
Operating Profit	270 000	1 936 000	187 000	717 000
Financial Income	1 000	0	0	0
Financial Costs	21 000	13 000	7 000	5 000
Financial Balance	−20 000	−13 000	−7 000	−5 000
Earnings Before Tax	250 000	1 923 000	180 000	712 000
Tax	57 000	423 000	40 000	157 000
Net Income	193 000	1 500 000	140 000	555 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	390 000	534 000	166 000	196 000
Total Current Assets	1 581 000	3 287 000	873 000	1 291 000
Total Assets	1 971 000	3 821 000	1 038 000	1 487 000
Total Retained Equity	98 000	6 000	206 000	685 000
Total Equity	123 000	30 000	230 000	710 000
Total Long-Term Debt	379 000	518 000	149 000	189 000
Total Current Debt	1 470 000	3 273 000	659 000	588 000
Total Equity and Debt	1 971 000	3 821 000	1 038 000	1 487 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 434 000	7 123 000	3 622 000	3 354 000
Other Income	0	0	0	0
Revenue	5 435 000	7 123 000	3 622 000	3 354 000
Cost of Goods Sold	1 739 000	1 860 000	1 259 000	963 000
Salary Costs	2 687 000	2 337 000	1 578 000	1 150 000
Depreciation	143 000	110 000	47 000	26 000
Impairment	0	0	0	0
Expenditure	5 165 000	5 187 000	3 435 000	2 637 000
Operating Profit	270 000	1 936 000	187 000	717 000
Financial Income	1 000	0	0	0
Financial Costs	21 000	13 000	7 000	5 000
Financial Balance	−20 000	−13 000	−7 000	−5 000
Dividends	100 000	1 700 000	0	0
Net Income	193 000	1 500 000	140 000	555 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	390 000	534 000	166 000	196 000
Total Tangible Assets	390 000	534 000	166 000	196 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	390 000	534 000	166 000	196 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	806 000	2 731 000	726 000	1 075 000
Total Current Assets	1 581 000	3 287 000	873 000	1 291 000
Total Assets	1 971 000	3 821 000	1 038 000	1 487 000
Total Equity	123 000	30 000	230 000	710 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	379 000	518 000	149 000	189 000
Creditors	353 000	332 000	150 000	110 000
Unpaid Taxes	481 000	363 000	239 000	213 000
Dividends	100 000	1 700 000	0	0
Other Current Debt	459 000	478 000	229 000	112 000
Total Current Debt	1 470 000	3 273 000	659 000	588 000
Total Equity and Debt	1 971 000	3 821 000	1 038 000	1 487 000

Financial indicators	2022	2021	2020	2019
Return on Equity	156,91 %	5 000 %	60,87 %	78,17 %
Debt-to-Equity Ratio	3,08	17,27	0,65	0,27
Operating Profit Margin	4,97 %	27,18 %	5,16 %	21,38 %
Current Ratio	1,08	1	1,32	2,2
Quick Ratio	1,08	1	1,32	2,2
Equity Ratio	0,06	0,01	0,22	0,48
Gross Profit Margin	68 %	73,89 %	65,24 %	71,29 %