ALTERNATIV ENERGI AS

4879 GRIMSTAD

Finances

Share Ownership

Return on Equity

12,15 %

Current Ratio

2,89

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 967 000	13 301 000	14 445 000	20 768 000
Net Income	728 000	1 165 000	958 000	1 993 000
Total Assets	7 670 000	7 167 000	7 012 000	7 261 000
Total Equity	5 991 000	5 763 000	4 598 000	4 140 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 967 000	13 301 000	14 445 000	20 768 000
Expenditure	9 029 000	11 808 000	13 171 000	18 198 000
Operating Profit	938 000	1 492 000	1 274 000	2 570 000
Financial Income	4 000	8 000	9 000	9 000
Financial Costs	0	0	2 000	1 000
Financial Balance	4 000	8 000	7 000	8 000
Earnings Before Tax	942 000	1 500 000	1 281 000	2 578 000
Tax	214 000	335 000	322 000	586 000
Net Income	728 000	1 165 000	958 000	1 993 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 956 000	193 000	86 000	102 000
Total Current Assets	4 714 000	6 974 000	6 926 000	7 159 000
Total Assets	7 670 000	7 167 000	7 012 000	7 261 000
Total Retained Equity	5 891 000	5 663 000	4 498 000	4 040 000
Total Equity	5 991 000	5 763 000	4 598 000	4 140 000
Total Long-Term Debt	49 000	0	0	0
Total Current Debt	1 630 000	1 404 000	2 414 000	3 121 000
Total Equity and Debt	7 670 000	7 167 000	7 012 000	7 261 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 688 000	13 217 000	14 469 000	20 704 000
Other Income	279 000	84 000	−24 000	64 000
Revenue	9 967 000	13 301 000	14 445 000	20 768 000
Cost of Goods Sold	5 264 000	7 412 000	9 009 000	14 343 000
Salary Costs	2 176 000	2 996 000	2 671 000	2 321 000
Depreciation	255 000	32 000	16 000	10 000
Impairment	0	0	0	0
Expenditure	9 029 000	11 808 000	13 171 000	18 198 000
Operating Profit	938 000	1 492 000	1 274 000	2 570 000
Financial Income	4 000	8 000	9 000	9 000
Financial Costs	0	0	2 000	1 000
Financial Balance	4 000	8 000	7 000	8 000
Dividends	500 000	0	500 000	0
Net Income	728 000	1 165 000	958 000	1 993 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	43 000	45 000	47 000	49 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 912 000	148 000	39 000	53 000
Total Tangible Assets	2 956 000	193 000	86 000	102 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 956 000	193 000	86 000	102 000
Stock	2 677 000	3 177 000	5 401 000	3 882 000
Total Investments	0	0	0	0
Cash, Bank	1 785 000	3 643 000	1 046 000	1 563 000
Total Current Assets	4 714 000	6 974 000	6 926 000	7 159 000
Total Assets	7 670 000	7 167 000	7 012 000	7 261 000
Total Equity	5 991 000	5 763 000	4 598 000	4 140 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	49 000	0	0	0
Creditors	344 000	16 000	441 000	247 000
Unpaid Taxes	205 000	368 000	582 000	1 099 000
Dividends	500 000	0	500 000	0
Other Current Debt	416 000	685 000	568 000	490 000
Total Current Debt	1 630 000	1 404 000	2 414 000	3 121 000
Total Equity and Debt	7 670 000	7 167 000	7 012 000	7 261 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,15 %	20,22 %	20,84 %	48,14 %
Debt-to-Equity Ratio	0,01	0	0	0
Operating Profit Margin	9,41 %	11,22 %	8,82 %	12,37 %
Current Ratio	2,89	4,97	2,87	2,29
Quick Ratio	−4,5	−3,93	−2,32	−9,41
Equity Ratio	0,78	0,8	0,66	0,57
Gross Profit Margin	47,19 %	44,27 %	37,63 %	30,94 %