ALGECO NORDICS AS

4033 STAVANGER

Finances

Return on Equity

−1,97 %

Current Ratio

9,09

Debt-to-Equity Ratio

0,68

Key figures (NOK)	2022	2021	2020
Revenue	0	0	0
Net Income	−41 069 000	−43 491 000	−30 348 000
Total Assets	3 513 606 000	3 458 017 000	3 290 738 000
Total Equity	2 087 309 000	2 128 378 000	2 171 868 000

Income (NOK)	2022	2021	2020
Revenue	0	0	0
Expenditure	7 850 000	9 170 000	20 588 000
Operating Profit	−7 850 000	−9 170 000	−20 588 000
Financial Income	40 019 000	36 595 000	11 476 000
Financial Costs	84 820 000	86 427 000	29 796 000
Financial Balance	−44 801 000	−49 832 000	−18 320 000
Earnings Before Tax	−52 652 000	−59 002 000	−38 908 000
Tax	−11 583 000	−15 511 000	−8 560 000
Net Income	−41 069 000	−43 491 000	−30 348 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	3 470 981 000	3 455 427 000	3 273 426 000
Total Current Assets	42 624 000	2 590 000	17 312 000
Total Assets	3 513 606 000	3 458 017 000	3 290 738 000
Total Retained Equity	0	0	0
Total Equity	2 087 309 000	2 128 378 000	2 171 868 000
Total Long-Term Debt	1 421 608 000	1 326 086 000	1 089 816 000
Total Current Debt	4 689 000	3 553 000	29 054 000
Total Equity and Debt	3 513 606 000	3 458 017 000	3 290 738 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	0	0	0
Revenue	0	0	0
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	7 850 000	9 170 000	20 588 000
Operating Profit	−7 850 000	−9 170 000	−20 588 000
Financial Income	40 019 000	36 595 000	11 476 000
Financial Costs	84 820 000	86 427 000	29 796 000
Financial Balance	−44 801 000	−49 832 000	−18 320 000
Dividends	0	0	0
Net Income	−41 069 000	−43 491 000	−30 348 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	39 625 000	24 071 000	8 560 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	3 431 357 000	3 431 356 000	3 264 866 000
Total Fixed Assets	3 470 981 000	3 455 427 000	3 273 426 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	1 381 000	2 450 000	67 000
Total Current Assets	42 624 000	2 590 000	17 312 000
Total Assets	3 513 606 000	3 458 017 000	3 290 738 000
Total Equity	2 087 309 000	2 128 378 000	2 171 868 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	1 421 608 000	1 326 086 000	1 089 816 000
Creditors	616 000	2 187 000	11 644 000
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	103 000	1 366 000	17 410 000
Total Current Debt	4 689 000	3 553 000	29 054 000
Total Equity and Debt	3 513 606 000	3 458 017 000	3 290 738 000

Financial indicators	2022	2021	2020
Return on Equity	−1,97 %	−2,04 %	−1,4 %
Debt-to-Equity Ratio	0,68	0,62	0,5
Operating Profit Margin	-	-	-
Current Ratio	9,09	0,73	0,6
Quick Ratio	9,09	0,73	0,6
Equity Ratio	0,59	0,62	0,66
Gross Profit Margin	-	-	-