ALMCO AS

6003 ÅLESUND

Finances

Share Ownership

Return on Equity

−58,72 %

Current Ratio

1,07

Debt-to-Equity Ratio

17,44

Key figures (NOK)	2022	2021	2020	2019
Revenue	137 000	90 000	65 000	114 000
Net Income	−101 000	−98 000	−470 000	−127 000
Total Assets	3 279 000	3 277 000	3 286 000	3 637 000
Total Equity	172 000	273 000	−873 000	−403 000

Income (NOK)	2022	2021	2020	2019
Revenue	137 000	90 000	65 000	114 000
Expenditure	92 000	91 000	95 000	112 000
Operating Profit	46 000	−1 000	−31 000	2 000
Financial Income	0	0	0	0
Financial Costs	146 000	97 000	128 000	165 000
Financial Balance	−146 000	−97 000	−128 000	−165 000
Earnings Before Tax	−101 000	−98 000	−159 000	−163 000
Tax	0	0	311 000	−36 000
Net Income	−101 000	−98 000	−470 000	−127 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 166 000	3 166 000	3 166 000	3 477 000
Total Current Assets	113 000	111 000	120 000	160 000
Total Assets	3 279 000	3 277 000	3 286 000	3 637 000
Total Retained Equity	−1 672 000	−1 571 000	−1 473 000	−1 003 000
Total Equity	172 000	273 000	−873 000	−403 000
Total Long-Term Debt	3 000 000	3 000 000	3 000 000	2 933 000
Total Current Debt	106 000	4 000	1 159 000	1 107 000
Total Equity and Debt	3 279 000	3 277 000	3 286 000	3 637 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	137 000	90 000	65 000	114 000
Revenue	137 000	90 000	65 000	114 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	92 000	91 000	95 000	112 000
Operating Profit	46 000	−1 000	−31 000	2 000
Financial Income	0	0	0	0
Financial Costs	146 000	97 000	128 000	165 000
Financial Balance	−146 000	−97 000	−128 000	−165 000
Dividends	0	0	0	0
Net Income	−101 000	−98 000	−470 000	−127 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	311 000
Real Eastate	3 166 000	3 166 000	3 166 000	3 166 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 166 000	3 166 000	3 166 000	3 166 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 166 000	3 166 000	3 166 000	3 477 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	54 000	58 000	70 000	97 000
Total Current Assets	113 000	111 000	120 000	160 000
Total Assets	3 279 000	3 277 000	3 286 000	3 637 000
Total Equity	172 000	273 000	−873 000	−403 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 000 000	3 000 000	3 000 000	2 933 000
Creditors	0	4 000	2 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	106 000	0	1 157 000	1 107 000
Total Current Debt	106 000	4 000	1 159 000	1 107 000
Total Equity and Debt	3 279 000	3 277 000	3 286 000	3 637 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−58,72 %	−35,9 %	53,84 %	31,51 %
Debt-to-Equity Ratio	17,44	10,99	−3,44	−7,28
Operating Profit Margin	33,58 %	−1,11 %	−47,69 %	1,75 %
Current Ratio	1,07	27,75	0,1	0,14
Quick Ratio	1,07	27,75	0,1	0,14
Equity Ratio	0,05	0,08	−0,27	−0,11
Gross Profit Margin	100 %	100 %	100 %	100 %