ALGEVEKST AS

6590 TUSTNA

Finances

Share Ownership

Return on Equity

20,26 %

Current Ratio

0,29

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 000	150 000	7 000	0
Net Income	−47 000	82 000	−151 000	−140 000
Total Assets	120 000	124 000	32 000	46 000
Total Equity	−232 000	−184 000	−266 000	−115 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 000	150 000	7 000	0
Expenditure	62 000	69 000	158 000	140 000
Operating Profit	−47 000	82 000	−151 000	−140 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−47 000	82 000	−151 000	−140 000
Tax	0	0	0	0
Net Income	−47 000	82 000	−151 000	−140 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 000	25 000	32 000	38 000
Total Current Assets	102 000	99 000	0	8 000
Total Assets	120 000	124 000	32 000	46 000
Total Retained Equity	−256 000	−209 000	−290 000	−140 000
Total Equity	−232 000	−184 000	−266 000	−115 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	352 000	309 000	298 000	162 000
Total Equity and Debt	120 000	124 000	32 000	46 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 000	0	7 000	0
Other Income	7 000	150 000	0	0
Revenue	15 000	150 000	7 000	0
Cost of Goods Sold	0	0	4 000	0
Salary Costs	0	0	0	0
Depreciation	7 000	7 000	7 000	2 000
Impairment	0	0	0	0
Expenditure	62 000	69 000	158 000	140 000
Operating Profit	−47 000	82 000	−151 000	−140 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−47 000	82 000	−151 000	−140 000

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	18 000	25 000	32 000	38 000
Total Tangible Assets	18 000	25 000	32 000	38 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	18 000	25 000	32 000	38 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	101 000	99 000	0	8 000
Total Current Assets	102 000	99 000	0	8 000
Total Assets	120 000	124 000	32 000	46 000
Total Equity	−232 000	−184 000	−266 000	−115 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	−2 000	3 000	2 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	352 000	311 000	295 000	160 000
Total Current Debt	352 000	309 000	298 000	162 000
Total Equity and Debt	120 000	124 000	32 000	46 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,26 %	−44,57 %	56,77 %	121,74 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	−313,33 %	54,67 %	−2 157,14 %	-
Current Ratio	0,29	0,32	0	0,05
Quick Ratio	0,29	0,32	0	0,05
Equity Ratio	−1,93	−1,48	−8,31	−2,5
Gross Profit Margin	100 %	100 %	42,86 %	-