ALTEK AS

1860 TRØGSTAD

Finances

Share Ownership

Return on Equity

54 %

Current Ratio

1,18

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 558 000	427 000	2 452 000	504 000
Net Income	581 000	75 000	129 000	47 000
Total Assets	3 014 000	2 707 000	2 032 000	4 092 000
Total Equity	1 076 000	495 000	421 000	291 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 558 000	427 000	2 452 000	504 000
Expenditure	721 000	288 000	2 225 000	380 000
Operating Profit	837 000	139 000	226 000	124 000
Financial Income	1 000	0	0	1 000
Financial Costs	94 000	43 000	61 000	65 000
Financial Balance	−93 000	−43 000	−61 000	−64 000
Earnings Before Tax	744 000	96 000	166 000	60 000
Tax	164 000	21 000	36 000	13 000
Net Income	581 000	75 000	129 000	47 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	804 000	1 099 000	377 000	473 000
Total Current Assets	2 210 000	1 608 000	1 654 000	3 619 000
Total Assets	3 014 000	2 707 000	2 032 000	4 092 000
Total Retained Equity	976 000	395 000	321 000	191 000
Total Equity	1 076 000	495 000	421 000	291 000
Total Long-Term Debt	64 000	58 000	37 000	7 000
Total Current Debt	1 874 000	2 154 000	1 574 000	3 793 000
Total Equity and Debt	3 014 000	2 707 000	2 032 000	4 092 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	43 000	5 000	1 960 000	309 000
Other Income	1 515 000	422 000	492 000	195 000
Revenue	1 558 000	427 000	2 452 000	504 000
Cost of Goods Sold	37 000	5 000	1 945 000	224 000
Salary Costs	0	0	0	0
Depreciation	214 000	71 000	69 000	74 000
Impairment	0	0	0	0
Expenditure	721 000	288 000	2 225 000	380 000
Operating Profit	837 000	139 000	226 000	124 000
Financial Income	1 000	0	0	1 000
Financial Costs	94 000	43 000	61 000	65 000
Financial Balance	−93 000	−43 000	−61 000	−64 000
Dividends	0	0	0	0
Net Income	581 000	75 000	129 000	47 000

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	796 000	1 074 000	335 000	473 000
Total Tangible Assets	796 000	1 074 000	335 000	473 000
Total Fiancial Fixed Assets	8 000	25 000	42 000	0
Total Fixed Assets	804 000	1 099 000	377 000	473 000
Stock	1 553 000	1 533 000	1 513 000	3 416 000
Total Investments	0	0	0	0
Cash, Bank	543 000	9 000	135 000	33 000
Total Current Assets	2 210 000	1 608 000	1 654 000	3 619 000
Total Assets	3 014 000	2 707 000	2 032 000	4 092 000
Total Equity	1 076 000	495 000	421 000	291 000
Short-Term Group Debt	1 640 000	2 047 000	1 467 000	3 690 000
Total Long-Term Debt	64 000	58 000	37 000	7 000
Creditors	12 000	77 000	55 000	57 000
Unpaid Taxes	44 000	15 000	30 000	22 000
Dividends	0	0	0	0
Other Current Debt	20 000	15 000	15 000	17 000
Total Current Debt	1 874 000	2 154 000	1 574 000	3 793 000
Total Equity and Debt	3 014 000	2 707 000	2 032 000	4 092 000

Financial indicators	2022	2021	2020	2019
Return on Equity	54 %	15,15 %	30,64 %	16,15 %
Debt-to-Equity Ratio	0,06	0,12	0,09	0,02
Operating Profit Margin	53,72 %	32,55 %	9,22 %	24,6 %
Current Ratio	1,18	0,75	1,05	0,95
Quick Ratio	6,88	2,59	27,11	9,6
Equity Ratio	0,36	0,18	0,21	0,07
Gross Profit Margin	97,63 %	98,83 %	20,68 %	55,56 %