ALTIMO AS

8624 MO I RANA

Finances

Share Ownership

Return on Equity

25,35 %

Current Ratio

0,99

Debt-to-Equity Ratio

0,18

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 465 000	11 917 000	3 106 000	1 153 000
Net Income	628 000	1 159 000	401 000	213 000
Total Assets	5 711 000	4 308 000	2 471 000	1 621 000
Total Equity	2 477 000	1 849 000	690 000	289 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 465 000	11 917 000	3 106 000	1 153 000
Expenditure	11 623 000	10 288 000	2 658 000	870 000
Operating Profit	843 000	1 528 000	549 000	283 000
Financial Income	16 000	18 000	5 000	4 000
Financial Costs	53 000	61 000	40 000	14 000
Financial Balance	−37 000	−43 000	−35 000	−10 000
Earnings Before Tax	806 000	1 485 000	514 000	273 000
Tax	179 000	327 000	113 000	60 000
Net Income	628 000	1 159 000	401 000	213 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 930 000	1 603 000	1 393 000	1 159 000
Total Current Assets	2 781 000	2 704 000	1 078 000	461 000
Total Assets	5 711 000	4 308 000	2 471 000	1 621 000
Total Retained Equity	2 401 000	1 773 000	614 000	213 000
Total Equity	2 477 000	1 849 000	690 000	289 000
Total Long-Term Debt	437 000	769 000	751 000	395 000
Total Current Debt	2 797 000	1 690 000	1 030 000	936 000
Total Equity and Debt	5 711 000	4 308 000	2 471 000	1 621 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 465 000	11 917 000	3 106 000	1 153 000
Other Income	0	0	0	0
Revenue	12 465 000	11 917 000	3 106 000	1 153 000
Cost of Goods Sold	5 206 000	6 177 000	1 391 000	423 000
Salary Costs	2 758 000	2 049 000	499 000	20 000
Depreciation	296 000	164 000	129 000	109 000
Impairment	0	0	0	0
Expenditure	11 623 000	10 288 000	2 658 000	870 000
Operating Profit	843 000	1 528 000	549 000	283 000
Financial Income	16 000	18 000	5 000	4 000
Financial Costs	53 000	61 000	40 000	14 000
Financial Balance	−37 000	−43 000	−35 000	−10 000
Dividends	0	0	0	0
Net Income	628 000	1 159 000	401 000	213 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	92 000	0	0	0
Machinery and Plant Facilities	1 895 000	1 300 000	1 128 000	1 159 000
Fixtures	407 000	90 000	0	0
Total Tangible Assets	2 394 000	1 390 000	1 128 000	1 159 000
Total Fiancial Fixed Assets	536 000	213 000	265 000	0
Total Fixed Assets	2 930 000	1 603 000	1 393 000	1 159 000
Stock	538 000	0	101 000	163 000
Total Investments	0	0	0	0
Cash, Bank	113 000	1 742 000	278 000	215 000
Total Current Assets	2 781 000	2 704 000	1 078 000	461 000
Total Assets	5 711 000	4 308 000	2 471 000	1 621 000
Total Equity	2 477 000	1 849 000	690 000	289 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	437 000	769 000	751 000	395 000
Creditors	864 000	909 000	447 000	862 000
Unpaid Taxes	477 000	217 000	278 000	21 000
Dividends	0	0	0	0
Other Current Debt	1 137 000	256 000	217 000	25 000
Total Current Debt	2 797 000	1 690 000	1 030 000	936 000
Total Equity and Debt	5 711 000	4 308 000	2 471 000	1 621 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,35 %	62,68 %	58,12 %	73,7 %
Debt-to-Equity Ratio	0,18	0,42	1,09	1,37
Operating Profit Margin	6,76 %	12,82 %	17,68 %	24,54 %
Current Ratio	0,99	1,6	1,05	0,49
Quick Ratio	1,23	1,6	1,16	0,6
Equity Ratio	0,43	0,43	0,28	0,18
Gross Profit Margin	58,24 %	48,17 %	55,22 %	63,31 %