ALGEA HARVEST AS

6517 KRISTIANSUND N

Finances

Share Ownership

Return on Equity

−83,67 %

Current Ratio

0,82

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 421 000	7 982 000	11 329 000	1 116 000
Net Income	−2 250 000	−1 427 000	1 613 000	−1 063 000
Total Assets	6 960 000	5 464 000	5 200 000	4 749 000
Total Equity	2 689 000	2 684 000	2 757 000	1 144 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 421 000	7 982 000	11 329 000	1 116 000
Expenditure	10 306 000	9 838 000	9 256 000	2 480 000
Operating Profit	−2 885 000	−1 856 000	2 072 000	−1 364 000
Financial Income	8 000	28 000	8 000	0
Financial Costs	9 000	1 000	11 000	0
Financial Balance	−1 000	27 000	−3 000	0
Earnings Before Tax	−2 885 000	−1 829 000	2 069 000	−1 364 000
Tax	−635 000	−402 000	456 000	−302 000
Net Income	−2 250 000	−1 427 000	1 613 000	−1 063 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 481 000	1 810 000	1 676 000	1 916 000
Total Current Assets	3 480 000	3 655 000	3 524 000	2 833 000
Total Assets	6 960 000	5 464 000	5 200 000	4 749 000
Total Retained Equity	0	0	544 000	−1 069 000
Total Equity	2 689 000	2 684 000	2 757 000	1 144 000
Total Long-Term Debt	15 000	14 000	34 000	41 000
Total Current Debt	4 256 000	2 767 000	2 408 000	3 564 000
Total Equity and Debt	6 960 000	5 464 000	5 200 000	4 749 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 421 000	7 982 000	11 329 000	1 116 000
Other Income	0	0	0	0
Revenue	7 421 000	7 982 000	11 329 000	1 116 000
Cost of Goods Sold	5 000	40 000	928 000	340 000
Salary Costs	7 887 000	6 615 000	5 926 000	1 532 000
Depreciation	496 000	281 000	239 000	84 000
Impairment	0	0	0	0
Expenditure	10 306 000	9 838 000	9 256 000	2 480 000
Operating Profit	−2 885 000	−1 856 000	2 072 000	−1 364 000
Financial Income	8 000	28 000	8 000	0
Financial Costs	9 000	1 000	11 000	0
Financial Balance	−1 000	27 000	−3 000	0
Dividends	0	0	0	0
Net Income	−2 250 000	−1 427 000	1 613 000	−1 063 000

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	3 481 000	1 810 000	1 676 000	1 916 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 481 000	1 810 000	1 676 000	1 916 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	408 000	1 043 000	2 330 000	1 119 000
Total Current Assets	3 480 000	3 655 000	3 524 000	2 833 000
Total Assets	6 960 000	5 464 000	5 200 000	4 749 000
Total Equity	2 689 000	2 684 000	2 757 000	1 144 000
Short-Term Group Debt	1 684 000	908 000	497 000	439 000
Total Long-Term Debt	15 000	14 000	34 000	41 000
Creditors	45 000	14 000	73 000	1 265 000
Unpaid Taxes	770 000	426 000	370 000	271 000
Dividends	0	0	0	0
Other Current Debt	1 758 000	1 419 000	1 006 000	1 589 000
Total Current Debt	4 256 000	2 767 000	2 408 000	3 564 000
Total Equity and Debt	6 960 000	5 464 000	5 200 000	4 749 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−83,67 %	−53,17 %	58,51 %	−92,92 %
Debt-to-Equity Ratio	0,01	0,01	0,01	0,04
Operating Profit Margin	−38,88 %	−23,25 %	18,29 %	−122,22 %
Current Ratio	0,82	1,32	1,46	0,79
Quick Ratio	0,82	1,32	1,46	0,79
Equity Ratio	0,39	0,49	0,53	0,24
Gross Profit Margin	99,93 %	99,5 %	91,81 %	69,53 %