ALGOL CHEMICALS AS

3511 HØNEFOSS

Finances

Share Ownership

Return on Equity

151 %

Current Ratio

1,23

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	70 991 000	51 084 000	57 148 000	43 361 000
Net Income	4 737 000	3 963 000	1 991 000	1 389 000
Total Assets	16 524 000	13 844 000	11 113 000	12 851 000
Total Equity	3 137 000	2 700 000	2 237 000	2 246 000

Income (NOK)	2022	2021	2020	2019
Revenue	70 991 000	51 084 000	57 148 000	43 361 000
Expenditure	65 104 000	46 038 000	54 319 000	41 534 000
Operating Profit	5 886 000	5 046 000	2 829 000	1 827 000
Financial Income	855 000	629 000	348 000	140 000
Financial Costs	666 000	591 000	616 000	185 000
Financial Balance	189 000	38 000	−268 000	−45 000
Earnings Before Tax	6 074 000	5 084 000	2 562 000	1 782 000
Tax	1 338 000	1 121 000	571 000	393 000
Net Income	4 737 000	3 963 000	1 991 000	1 389 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	53 000	45 000	5 000	6 000
Total Current Assets	16 470 000	13 798 000	11 108 000	12 845 000
Total Assets	16 524 000	13 844 000	11 113 000	12 851 000
Total Retained Equity	3 017 000	2 580 000	2 117 000	2 126 000
Total Equity	3 137 000	2 700 000	2 237 000	2 246 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	13 387 000	11 144 000	8 876 000	10 605 000
Total Equity and Debt	16 524 000	13 844 000	11 113 000	12 851 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	70 692 000	50 419 000	56 251 000	42 564 000
Other Income	298 000	665 000	897 000	798 000
Revenue	70 991 000	51 084 000	57 148 000	43 361 000
Cost of Goods Sold	57 323 000	39 400 000	45 879 000	33 033 000
Salary Costs	2 399 000	2 238 000	2 438 000	2 662 000
Depreciation	0	0	0	31 000
Impairment	0	0	0	0
Expenditure	65 104 000	46 038 000	54 319 000	41 534 000
Operating Profit	5 886 000	5 046 000	2 829 000	1 827 000
Financial Income	855 000	629 000	348 000	140 000
Financial Costs	666 000	591 000	616 000	185 000
Financial Balance	189 000	38 000	−268 000	−45 000
Dividends	4 300 000	3 500 000	2 000 000	0
Net Income	4 737 000	3 963 000	1 991 000	1 389 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	53 000	45 000	5 000	6 000
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	0	0	0
Total Fixed Assets	53 000	45 000	5 000	6 000
Stock	2 581 000	2 233 000	2 707 000	4 231 000
Total Investments	0	0	0	0
Cash, Bank	243 000	158 000	62 000	437 000
Total Current Assets	16 470 000	13 798 000	11 108 000	12 845 000
Total Assets	16 524 000	13 844 000	11 113 000	12 851 000
Total Equity	3 137 000	2 700 000	2 237 000	2 246 000
Short-Term Group Debt	1 344 000	1 851 000	2 201 000	3 982 000
Total Long-Term Debt	0	0	0	0
Creditors	3 364 000	1 691 000	1 649 000	3 965 000
Unpaid Taxes	2 150 000	1 726 000	2 008 000	1 750 000
Dividends	4 300 000	3 500 000	2 000 000	0
Other Current Debt	884 000	1 216 000	450 000	518 000
Total Current Debt	13 387 000	11 144 000	8 876 000	10 605 000
Total Equity and Debt	16 524 000	13 844 000	11 113 000	12 851 000

Financial indicators	2022	2021	2020	2019
Return on Equity	151 %	146,78 %	89 %	61,84 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	8,29 %	9,88 %	4,95 %	4,21 %
Current Ratio	1,23	1,24	1,25	1,21
Quick Ratio	1,52	1,55	1,8	2,02
Equity Ratio	0,19	0,2	0,2	0,17
Gross Profit Margin	19,25 %	22,87 %	19,72 %	23,82 %