ALTINO ENGINEERING AS

3152 TOLVSRØD

Finances

Share Ownership

Return on Equity

23,28 %

Current Ratio

4,46

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 839 000	1 612 000	1 619 000	761 000
Net Income	312 000	370 000	400 000	233 000
Total Assets	1 727 000	1 428 000	1 045 000	480 000
Total Equity	1 340 000	1 028 000	658 000	258 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 839 000	1 612 000	1 619 000	761 000
Expenditure	1 440 000	1 137 000	1 106 000	462 000
Operating Profit	399 000	474 000	513 000	299 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	0
Financial Balance	0	0	−1 000	0
Earnings Before Tax	399 000	474 000	513 000	299 000
Tax	88 000	104 000	113 000	66 000
Net Income	312 000	370 000	400 000	233 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	1 727 000	1 428 000	1 045 000	480 000
Total Assets	1 727 000	1 428 000	1 045 000	480 000
Total Retained Equity	1 315 000	1 004 000	634 000	233 000
Total Equity	1 340 000	1 028 000	658 000	258 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	387 000	399 000	387 000	222 000
Total Equity and Debt	1 727 000	1 428 000	1 045 000	480 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 839 000	1 612 000	1 619 000	761 000
Other Income	0	0	0	0
Revenue	1 839 000	1 612 000	1 619 000	761 000
Cost of Goods Sold	121 000	0	0	0
Salary Costs	1 174 000	1 082 000	1 004 000	371 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 440 000	1 137 000	1 106 000	462 000
Operating Profit	399 000	474 000	513 000	299 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	0
Financial Balance	0	0	−1 000	0
Dividends	0	0	0	0
Net Income	312 000	370 000	400 000	233 000

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	800 000	0	0	0
Cash, Bank	812 000	1 294 000	910 000	372 000
Total Current Assets	1 727 000	1 428 000	1 045 000	480 000
Total Assets	1 727 000	1 428 000	1 045 000	480 000
Total Equity	1 340 000	1 028 000	658 000	258 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	2 000
Unpaid Taxes	184 000	188 000	0	0
Dividends	0	0	0	0
Other Current Debt	115 000	108 000	274 000	155 000
Total Current Debt	387 000	399 000	387 000	222 000
Total Equity and Debt	1 727 000	1 428 000	1 045 000	480 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,28 %	35,99 %	60,79 %	90,31 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	21,7 %	29,4 %	31,69 %	39,29 %
Current Ratio	4,46	3,58	2,7	2,16
Quick Ratio	4,46	3,58	2,7	2,16
Equity Ratio	0,78	0,72	0,63	0,54
Gross Profit Margin	93,42 %	100 %	100 %	100 %