ALGOMIN AS

2208 KONGSVINGER

Finances

Share Ownership

Return on Equity

132,48 %

Current Ratio

0,34

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	802 000	5 260 000	1 528 000	175 000
Net Income	−208 000	−61 000	86 000	3 000
Total Assets	80 000	175 000	402 000	173 000
Total Equity	−157 000	52 000	112 000	26 000

Income (NOK)	2022	2021	2020	2019
Revenue	802 000	5 260 000	1 528 000	175 000
Expenditure	1 010 000	5 319 000	1 419 000	172 000
Operating Profit	−208 000	−59 000	109 000	3 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	0	0
Financial Balance	0	−1 000	0	0
Earnings Before Tax	−208 000	−61 000	109 000	3 000
Tax	0	0	23 000	0
Net Income	−208 000	−61 000	86 000	3 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	80 000	175 000	402 000	173 000
Total Assets	80 000	175 000	402 000	173 000
Total Retained Equity	−187 000	22 000	82 000	−4 000
Total Equity	−157 000	52 000	112 000	26 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	237 000	124 000	289 000	146 000
Total Equity and Debt	80 000	175 000	402 000	173 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	802 000	5 260 000	1 528 000	175 000
Other Income	0	0	0	0
Revenue	802 000	5 260 000	1 528 000	175 000
Cost of Goods Sold	545 000	2 946 000	776 000	96 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 010 000	5 319 000	1 419 000	172 000
Operating Profit	−208 000	−59 000	109 000	3 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	0	0
Financial Balance	0	−1 000	0	0
Dividends	0	0	0	0
Net Income	−208 000	−61 000	86 000	3 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	24 000	151 000	283 000	143 000
Total Current Assets	80 000	175 000	402 000	173 000
Total Assets	80 000	175 000	402 000	173 000
Total Equity	−157 000	52 000	112 000	26 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	22 000	13 000	257 000	78 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	215 000	111 000	9 000	69 000
Total Current Debt	237 000	124 000	289 000	146 000
Total Equity and Debt	80 000	175 000	402 000	173 000

Financial indicators	2022	2021	2020	2019
Return on Equity	132,48 %	−117,31 %	76,79 %	11,54 %
Debt-to-Equity Ratio	−0	0	0	0
Operating Profit Margin	−25,94 %	−1,12 %	7,13 %	1,71 %
Current Ratio	0,34	1,41	1,39	1,18
Quick Ratio	0,34	1,41	1,39	1,18
Equity Ratio	−1,96	0,3	0,28	0,15
Gross Profit Margin	32,04 %	43,99 %	49,21 %	45,14 %