ALGEN AS

7100 RISSA

Finances

Share Ownership

Return on Equity

97,78 %

Current Ratio

1,9

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	160 000	160 000	0
Net Income	88 000	−88 000	−10 000
Total Assets	143 000	168 000	90 000
Total Equity	90 000	2 000	90 000

Income (NOK)	2022	2021	2020
Revenue	160 000	160 000	0
Expenditure	47 000	272 000	13 000
Operating Profit	112 000	−112 000	−13 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	112 000	−112 000	−13 000
Tax	25 000	−25 000	−3 000
Net Income	88 000	−88 000	−10 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	44 000	98 000	3 000
Total Current Assets	99 000	70 000	87 000
Total Assets	143 000	168 000	90 000
Total Retained Equity	−10 000	−98 000	−10 000
Total Equity	90 000	2 000	90 000
Total Long-Term Debt	0	0	0
Total Current Debt	52 000	166 000	0
Total Equity and Debt	143 000	168 000	90 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	160 000	160 000	0
Revenue	160 000	160 000	0
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	31 000	23 000	0
Impairment	0	0	0
Expenditure	47 000	272 000	13 000
Operating Profit	112 000	−112 000	−13 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	0	0	0
Net Income	88 000	−88 000	−10 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	5 000	28 000	3 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	39 000	70 000	0
Total Tangible Assets	39 000	70 000	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	44 000	98 000	3 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	99 000	70 000	87 000
Total Current Assets	99 000	70 000	87 000
Total Assets	143 000	168 000	90 000
Total Equity	90 000	2 000	90 000
Short-Term Group Debt	50 000	50 000	0
Total Long-Term Debt	0	0	0
Creditors	0	116 000	0
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	1 000	0	0
Total Current Debt	52 000	166 000	0
Total Equity and Debt	143 000	168 000	90 000

Financial indicators	2022	2021	2020
Return on Equity	97,78 %	−4 400 %	−11,11 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	70 %	−70 %	-
Current Ratio	1,9	0,42	-
Quick Ratio	1,9	0,42	-
Equity Ratio	0,63	0,01	1
Gross Profit Margin	100 %	100 %	-