ALGRØY INVEST AS

5363 ÅGOTNES

Finances

Share Ownership

Return on Equity

167,34 %

Current Ratio

1,28

Debt-to-Equity Ratio

−2,24

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 718 000	8 694 000	8 264 000	4 928 000
Net Income	−1 081 000	−318 000	105 000	255 000
Total Assets	2 978 000	3 636 000	3 653 000	2 610 000
Total Equity	−646 000	435 000	753 000	648 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 718 000	8 694 000	8 264 000	4 928 000
Expenditure	7 674 000	8 921 000	8 058 000	4 549 000
Operating Profit	−957 000	−227 000	206 000	379 000
Financial Income	2 000	16 000	1 000	0
Financial Costs	126 000	114 000	71 000	49 000
Financial Balance	−124 000	−98 000	−70 000	−49 000
Earnings Before Tax	−1 081 000	−326 000	136 000	330 000
Tax	0	−7 000	31 000	75 000
Net Income	−1 081 000	−318 000	105 000	255 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	197 000	711 000	967 000	544 000
Total Current Assets	2 781 000	2 925 000	2 686 000	2 066 000
Total Assets	2 978 000	3 636 000	3 653 000	2 610 000
Total Retained Equity	−1 038 000	42 000	361 000	255 000
Total Equity	−646 000	435 000	753 000	648 000
Total Long-Term Debt	1 446 000	986 000	1 268 000	572 000
Total Current Debt	2 178 000	2 215 000	1 632 000	1 390 000
Total Equity and Debt	2 978 000	3 636 000	3 653 000	2 610 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 595 000	8 694 000	8 260 000	4 928 000
Other Income	123 000	0	4 000	0
Revenue	6 718 000	8 694 000	8 264 000	4 928 000
Cost of Goods Sold	4 637 000	5 861 000	5 400 000	3 169 000
Salary Costs	1 140 000	1 229 000	936 000	365 000
Depreciation	217 000	256 000	191 000	103 000
Impairment	0	0	0	0
Expenditure	7 674 000	8 921 000	8 058 000	4 549 000
Operating Profit	−957 000	−227 000	206 000	379 000
Financial Income	2 000	16 000	1 000	0
Financial Costs	126 000	114 000	71 000	49 000
Financial Balance	−124 000	−98 000	−70 000	−49 000
Dividends	0	0	0	0
Net Income	−1 081 000	−318 000	105 000	255 000

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	197 000	711 000	967 000	544 000
Total Tangible Assets	197 000	711 000	967 000	544 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	197 000	711 000	967 000	544 000
Stock	2 615 000	2 790 000	2 497 000	1 932 000
Total Investments	0	0	0	0
Cash, Bank	32 000	50 000	54 000	39 000
Total Current Assets	2 781 000	2 925 000	2 686 000	2 066 000
Total Assets	2 978 000	3 636 000	3 653 000	2 610 000
Total Equity	−646 000	435 000	753 000	648 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 446 000	986 000	1 268 000	572 000
Creditors	1 224 000	792 000	723 000	658 000
Unpaid Taxes	141 000	139 000	163 000	90 000
Dividends	0	0	0	0
Other Current Debt	331 000	580 000	487 000	401 000
Total Current Debt	2 178 000	2 215 000	1 632 000	1 390 000
Total Equity and Debt	2 978 000	3 636 000	3 653 000	2 610 000

Financial indicators	2022	2021	2020	2019
Return on Equity	167,34 %	−73,1 %	13,94 %	39,35 %
Debt-to-Equity Ratio	−2,24	2,27	1,68	0,88
Operating Profit Margin	−14,25 %	−2,61 %	2,49 %	7,69 %
Current Ratio	1,28	1,32	1,65	1,49
Quick Ratio	−6,36	−5,09	−3,11	−3,81
Equity Ratio	−0,22	0,12	0,21	0,25
Gross Profit Margin	30,98 %	32,59 %	34,66 %	35,69 %