ALTERO AS

2815 GJØVIK

Finances

Share Ownership

Return on Equity

−81,7 %

Current Ratio

1,28

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 232 000	4 082 000	3 664 000	3 696 000
Net Income	−192 000	685 000	613 000	327 000
Total Assets	1 077 000	1 569 000	1 642 000	1 416 000
Total Equity	235 000	427 000	292 000	286 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 232 000	4 082 000	3 664 000	3 696 000
Expenditure	4 421 000	3 203 000	2 879 000	3 274 000
Operating Profit	−189 000	879 000	784 000	423 000
Financial Income	0	0	2 000	1 000
Financial Costs	3 000	1 000	1 000	1 000
Financial Balance	−3 000	−1 000	1 000	0
Earnings Before Tax	−192 000	879 000	785 000	423 000
Tax	0	194 000	172 000	96 000
Net Income	−192 000	685 000	613 000	327 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	400 000	21 000	21 000
Total Current Assets	1 077 000	1 169 000	1 621 000	1 395 000
Total Assets	1 077 000	1 569 000	1 642 000	1 416 000
Total Retained Equity	135 000	327 000	192 000	186 000
Total Equity	235 000	427 000	292 000	286 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	842 000	1 142 000	1 351 000	1 130 000
Total Equity and Debt	1 077 000	1 569 000	1 642 000	1 416 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 232 000	4 082 000	3 664 000	3 696 000
Other Income	0	0	0	0
Revenue	4 232 000	4 082 000	3 664 000	3 696 000
Cost of Goods Sold	385 000	204 000	207 000	207 000
Salary Costs	3 484 000	2 589 000	2 223 000	2 701 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	4 421 000	3 203 000	2 879 000	3 274 000
Operating Profit	−189 000	879 000	784 000	423 000
Financial Income	0	0	2 000	1 000
Financial Costs	3 000	1 000	1 000	1 000
Financial Balance	−3 000	−1 000	1 000	0
Dividends	0	550 000	500 000	300 000
Net Income	−192 000	685 000	613 000	327 000

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	400 000	21 000	21 000
Total Fixed Assets	0	400 000	21 000	21 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	565 000	965 000	962 000	862 000
Total Current Assets	1 077 000	1 169 000	1 621 000	1 395 000
Total Assets	1 077 000	1 569 000	1 642 000	1 416 000
Total Equity	235 000	427 000	292 000	286 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	20 000	10 000	56 000	29 000
Unpaid Taxes	486 000	300 000	366 000	460 000
Dividends	0	550 000	500 000	300 000
Other Current Debt	336 000	239 000	256 000	245 000
Total Current Debt	842 000	1 142 000	1 351 000	1 130 000
Total Equity and Debt	1 077 000	1 569 000	1 642 000	1 416 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−81,7 %	160,42 %	209,93 %	114,34 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−4,47 %	21,53 %	21,4 %	11,44 %
Current Ratio	1,28	1,02	1,2	1,23
Quick Ratio	1,28	1,02	1,2	1,23
Equity Ratio	0,22	0,27	0,18	0,2
Gross Profit Margin	90,9 %	95 %	94,35 %	94,4 %