ALFO AS

7240 HITRA

Finances

Share Ownership

Return on Equity

11,37 %

Current Ratio

4,42

Debt-to-Equity Ratio

0,96

Key figures (NOK)	2022	2021	2020	2019
Revenue	19 622 000	21 939 000	21 536 000	19 570 000
Net Income	1 136 000	1 614 000	1 543 000	819 000
Total Assets	22 223 000	21 895 000	22 125 000	20 768 000
Total Equity	9 988 000	9 393 000	8 779 000	7 264 000

Income (NOK)	2022	2021	2020	2019
Revenue	19 622 000	21 939 000	21 536 000	19 570 000
Expenditure	17 780 000	19 576 000	19 204 000	18 040 000
Operating Profit	1 841 000	2 364 000	2 332 000	1 530 000
Financial Income	0	1 000	13 000	3 000
Financial Costs	383 000	293 000	364 000	481 000
Financial Balance	−383 000	−292 000	−351 000	−478 000
Earnings Before Tax	1 458 000	2 071 000	1 981 000	1 052 000
Tax	322 000	458 000	438 000	233 000
Net Income	1 136 000	1 614 000	1 543 000	819 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 593 000	10 962 000	11 456 000	12 079 000
Total Current Assets	11 630 000	10 933 000	10 669 000	8 689 000
Total Assets	22 223 000	21 895 000	22 125 000	20 768 000
Total Retained Equity	9 638 000	9 043 000	8 429 000	6 914 000
Total Equity	9 988 000	9 393 000	8 779 000	7 264 000
Total Long-Term Debt	9 603 000	10 327 000	11 097 000	11 673 000
Total Current Debt	2 632 000	2 176 000	2 248 000	1 832 000
Total Equity and Debt	22 223 000	21 895 000	22 125 000	20 768 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	19 622 000	21 939 000	21 536 000	19 570 000
Other Income	0	0	0	0
Revenue	19 622 000	21 939 000	21 536 000	19 570 000
Cost of Goods Sold	12 385 000	14 560 000	14 109 000	13 182 000
Salary Costs	4 101 000	3 677 000	3 705 000	3 454 000
Depreciation	494 000	554 000	693 000	719 000
Impairment	0	0	0	0
Expenditure	17 780 000	19 576 000	19 204 000	18 040 000
Operating Profit	1 841 000	2 364 000	2 332 000	1 530 000
Financial Income	0	1 000	13 000	3 000
Financial Costs	383 000	293 000	364 000	481 000
Financial Balance	−383 000	−292 000	−351 000	−478 000
Dividends	0	0	0	300 000
Net Income	1 136 000	1 614 000	1 543 000	819 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	305 000	264 000	221 000	151 000
Real Eastate	10 087 000	10 528 000	10 970 000	11 412 000
Machinery and Plant Facilities	97 000	157 000	193 000	271 000
Fixtures	105 000	12 000	72 000	244 000
Total Tangible Assets	10 288 000	10 698 000	11 236 000	11 928 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	10 593 000	10 962 000	11 456 000	12 079 000
Stock	7 106 000	5 889 000	5 983 000	6 202 000
Total Investments	3 000	3 000	3 000	3 000
Cash, Bank	3 655 000	4 179 000	3 996 000	1 843 000
Total Current Assets	11 630 000	10 933 000	10 669 000	8 689 000
Total Assets	22 223 000	21 895 000	22 125 000	20 768 000
Total Equity	9 988 000	9 393 000	8 779 000	7 264 000
Short-Term Group Debt	77 000	36 000	36 000	0
Total Long-Term Debt	9 603 000	10 327 000	11 097 000	11 673 000
Creditors	1 256 000	899 000	777 000	422 000
Unpaid Taxes	430 000	323 000	446 000	390 000
Dividends	0	0	0	300 000
Other Current Debt	506 000	418 000	492 000	420 000
Total Current Debt	2 632 000	2 176 000	2 248 000	1 832 000
Total Equity and Debt	22 223 000	21 895 000	22 125 000	20 768 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,37 %	17,18 %	17,58 %	11,27 %
Debt-to-Equity Ratio	0,96	1,1	1,26	1,61
Operating Profit Margin	9,38 %	10,78 %	10,83 %	7,82 %
Current Ratio	4,42	5,02	4,75	4,74
Quick Ratio	−2,6	−2,94	−2,86	−1,99
Equity Ratio	0,45	0,43	0,4	0,35
Gross Profit Margin	36,88 %	33,63 %	34,49 %	32,64 %