ALTECH AS

3735 SKIEN

Finances

Share Ownership

Return on Equity

31,97 %

Current Ratio

1,36

Debt-to-Equity Ratio

0,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 905 000	12 684 000	12 523 000	7 901 000
Net Income	585 000	788 000	1 536 000	294 000
Total Assets	8 567 000	2 913 000	4 048 000	1 918 000
Total Equity	1 830 000	1 830 000	1 041 000	1 010 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 905 000	12 684 000	12 523 000	7 901 000
Expenditure	14 104 000	11 635 000	10 419 000	7 580 000
Operating Profit	801 000	1 049 000	2 103 000	322 000
Financial Income	72 000	21 000	27 000	155 000
Financial Costs	117 000	59 000	159 000	88 000
Financial Balance	−45 000	−38 000	−132 000	67 000
Earnings Before Tax	756 000	1 011 000	1 971 000	389 000
Tax	171 000	223 000	435 000	95 000
Net Income	585 000	788 000	1 536 000	294 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	37 000	115 000	444 000	131 000
Total Current Assets	8 530 000	2 798 000	3 604 000	1 787 000
Total Assets	8 567 000	2 913 000	4 048 000	1 918 000
Total Retained Equity	1 720 000	1 720 000	931 000	900 000
Total Equity	1 830 000	1 830 000	1 041 000	1 010 000
Total Long-Term Debt	453 000	0	0	0
Total Current Debt	6 285 000	1 084 000	3 007 000	908 000
Total Equity and Debt	8 567 000	2 913 000	4 048 000	1 918 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 596 000	12 434 000	12 097 000	7 591 000
Other Income	309 000	250 000	426 000	311 000
Revenue	14 905 000	12 684 000	12 523 000	7 901 000
Cost of Goods Sold	11 113 000	9 058 000	8 406 000	5 341 000
Salary Costs	1 245 000	1 234 000	1 244 000	1 318 000
Depreciation	0	0	0	27 000
Impairment	0	0	0	0
Expenditure	14 104 000	11 635 000	10 419 000	7 580 000
Operating Profit	801 000	1 049 000	2 103 000	322 000
Financial Income	72 000	21 000	27 000	155 000
Financial Costs	117 000	59 000	159 000	88 000
Financial Balance	−45 000	−38 000	−132 000	67 000
Dividends	558 000	0	0	0
Net Income	585 000	788 000	1 536 000	294 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	37 000	115 000	88 000	101 000
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	356 000	30 000
Total Fixed Assets	37 000	115 000	444 000	131 000
Stock	2 271 000	1 956 000	2 023 000	1 240 000
Total Investments	0	0	0	0
Cash, Bank	377 000	−69 000	−211 000	−187 000
Total Current Assets	8 530 000	2 798 000	3 604 000	1 787 000
Total Assets	8 567 000	2 913 000	4 048 000	1 918 000
Total Equity	1 830 000	1 830 000	1 041 000	1 010 000
Short-Term Group Debt	34 000	2 000	1 534 000	0
Total Long-Term Debt	453 000	0	0	0
Creditors	4 539 000	226 000	748 000	528 000
Unpaid Taxes	476 000	476 000	243 000	113 000
Dividends	558 000	0	0	0
Other Current Debt	98 000	130 000	89 000	244 000
Total Current Debt	6 285 000	1 084 000	3 007 000	908 000
Total Equity and Debt	8 567 000	2 913 000	4 048 000	1 918 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,97 %	43,06 %	147,55 %	29,11 %
Debt-to-Equity Ratio	0,25	0	0	0
Operating Profit Margin	5,37 %	8,27 %	16,79 %	4,08 %
Current Ratio	1,36	2,58	1,2	1,97
Quick Ratio	2,13	−3,21	3,66	−5,38
Equity Ratio	0,21	0,63	0,26	0,53
Gross Profit Margin	25,44 %	28,59 %	32,88 %	32,4 %