ALTERA WAVE AS

4014 STAVANGER

Finances

Share Ownership

Return on Equity

156,2 %

Current Ratio

0,13

Debt-to-Equity Ratio

−20,29

Key figures (NOK)	2022	2021	2020	2019
Revenue	126 921 000	112 208 000	0	0
Net Income	−66 446 000	2 139 000	25 513 000	−1 260 000
Total Assets	1 039 552 000	1 072 557 000	1 127 539 000	222 821 000
Total Equity	−42 539 000	23 907 000	21 768 000	−2 176 000

Income (NOK)	2022	2021	2020	2019
Revenue	126 921 000	112 208 000	0	0
Expenditure	56 620 000	55 327 000	163 000	123 000
Operating Profit	70 301 000	56 881 000	−163 000	−123 000
Financial Income	176 000	2 000	6 000	75 000
Financial Costs	155 664 000	54 140 000	−32 866 000	1 568 000
Financial Balance	−155 488 000	−54 138 000	32 872 000	−1 493 000
Earnings Before Tax	−85 188 000	2 743 000	32 709 000	−1 616 000
Tax	−18 741 000	603 000	7 196 000	−355 000
Net Income	−66 446 000	2 139 000	25 513 000	−1 260 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 011 525 000	1 055 479 000	463 185 000	220 909 000
Total Current Assets	28 027 000	17 078 000	664 354 000	1 912 000
Total Assets	1 039 552 000	1 072 557 000	1 127 539 000	222 821 000
Total Retained Equity	−42 569 000	23 877 000	21 738 000	−2 206 000
Total Equity	−42 539 000	23 907 000	21 768 000	−2 176 000
Total Long-Term Debt	863 290 000	831 803 000	853 504 000	91 861 000
Total Current Debt	218 801 000	216 847 000	252 267 000	133 135 000
Total Equity and Debt	1 039 552 000	1 072 557 000	1 127 539 000	222 821 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	126 921 000	112 208 000	0	0
Other Income	0	0	0	0
Revenue	126 921 000	112 208 000	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	56 262 000	54 839 000	0	0
Impairment	0	0	0	0
Expenditure	56 620 000	55 327 000	163 000	123 000
Operating Profit	70 301 000	56 881 000	−163 000	−123 000
Financial Income	176 000	2 000	6 000	75 000
Financial Costs	155 664 000	54 140 000	−32 866 000	1 568 000
Financial Balance	−155 488 000	−54 138 000	32 872 000	−1 493 000
Dividends	0	0	0	0
Net Income	−66 446 000	2 139 000	25 513 000	−1 260 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	12 007 000	0	0	622 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	994 027 000	1 049 626 000	463 185 000	220 287 000
Total Fiancial Fixed Assets	5 491 000	5 853 000	0	0
Total Fixed Assets	1 011 525 000	1 055 479 000	463 185 000	220 909 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	973 000	10 085 000	639 845 000	1 309 000
Total Current Assets	28 027 000	17 078 000	664 354 000	1 912 000
Total Assets	1 039 552 000	1 072 557 000	1 127 539 000	222 821 000
Total Equity	−42 539 000	23 907 000	21 768 000	−2 176 000
Short-Term Group Debt	164 451 000	168 189 000	205 724 000	127 694 000
Total Long-Term Debt	863 290 000	831 803 000	853 504 000	91 861 000
Creditors	0	0	235 000	1 659 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	1 192 000	1 545 000
Total Current Debt	218 801 000	216 847 000	252 267 000	133 135 000
Total Equity and Debt	1 039 552 000	1 072 557 000	1 127 539 000	222 821 000

Financial indicators	2022	2021	2020	2019
Return on Equity	156,2 %	8,95 %	117,2 %	57,9 %
Debt-to-Equity Ratio	−20,29	34,79	39,21	−42,22
Operating Profit Margin	55,39 %	50,69 %	-	-
Current Ratio	0,13	0,08	2,63	0,01
Quick Ratio	0,13	0,08	2,63	0,01
Equity Ratio	−0,04	0,02	0,02	−0,01
Gross Profit Margin	100 %	100 %	-	-