ALGOTRADE AS

4610 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

206,09 %

Current Ratio

9,64

Debt-to-Equity Ratio

−4,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	121 000	586 000	17 000	0
Net Income	−981 000	465 000	26 000	−1 000
Total Assets	1 649 000	805 000	135 000	23 000
Total Equity	−476 000	505 000	130 000	23 000

Income (NOK)	2022	2021	2020	2019
Revenue	121 000	586 000	17 000	0
Expenditure	1 012 000	53 000	6 000	1 000
Operating Profit	−891 000	534 000	10 000	−1 000
Financial Income	0	63 000	21 000	0
Financial Costs	91 000	0	0	0
Financial Balance	−91 000	63 000	21 000	0
Earnings Before Tax	−981 000	597 000	31 000	−1 000
Tax	0	131 000	5 000	0
Net Income	−981 000	465 000	26 000	−1 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	1 649 000	805 000	135 000	23 000
Total Assets	1 649 000	805 000	135 000	23 000
Total Retained Equity	−587 000	400 000	25 000	−1 000
Total Equity	−476 000	505 000	130 000	23 000
Total Long-Term Debt	1 954 000	0	0	0
Total Current Debt	171 000	299 000	5 000	0
Total Equity and Debt	1 649 000	805 000	135 000	23 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	121 000	586 000	17 000	0
Other Income	0	0	0	0
Revenue	121 000	586 000	17 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	918 000	3 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 012 000	53 000	6 000	1 000
Operating Profit	−891 000	534 000	10 000	−1 000
Financial Income	0	63 000	21 000	0
Financial Costs	91 000	0	0	0
Financial Balance	−91 000	63 000	21 000	0
Dividends	0	90 000	0	0
Net Income	−981 000	465 000	26 000	−1 000

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	919 000	609 000	96 000	0
Cash, Bank	720 000	121 000	39 000	23 000
Total Current Assets	1 649 000	805 000	135 000	23 000
Total Assets	1 649 000	805 000	135 000	23 000
Total Equity	−476 000	505 000	130 000	23 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 954 000	0	0	0
Creditors	13 000	0	0	0
Unpaid Taxes	66 000	78 000	0	0
Dividends	0	90 000	0	0
Other Current Debt	92 000	0	0	0
Total Current Debt	171 000	299 000	5 000	0
Total Equity and Debt	1 649 000	805 000	135 000	23 000

Financial indicators	2022	2021	2020	2019
Return on Equity	206,09 %	92,08 %	20 %	−4,35 %
Debt-to-Equity Ratio	−4,11	0	0	0
Operating Profit Margin	−736,36 %	91,13 %	58,82 %	-
Current Ratio	9,64	2,69	27	-
Quick Ratio	9,64	2,69	27	-
Equity Ratio	−0,29	0,63	0,96	1
Gross Profit Margin	100 %	100 %	100 %	-