ALTIETT AS

1850 MYSEN

Finances

Share Ownership

Return on Equity

2,11 %

Current Ratio

0,12

Debt-to-Equity Ratio

0,74

Key figures (NOK)	2022	2021	2020	2019
Revenue	466 000	272 000	393 000	415 000
Net Income	18 000	42 000	47 000	74 000
Total Assets	1 929 000	2 100 000	2 102 000	2 137 000
Total Equity	853 000	836 000	794 000	747 000

Income (NOK)	2022	2021	2020	2019
Revenue	466 000	272 000	393 000	415 000
Expenditure	367 000	178 000	281 000	257 000
Operating Profit	83 000	94 000	112 000	157 000
Financial Income	0	3 000	3 000	2 000
Financial Costs	48 000	43 000	54 000	64 000
Financial Balance	−48 000	−40 000	−51 000	−62 000
Earnings Before Tax	35 000	54 000	61 000	95 000
Tax	17 000	12 000	13 000	21 000
Net Income	18 000	42 000	47 000	74 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 877 000	1 924 000	1 934 000	1 943 000
Total Current Assets	53 000	175 000	169 000	194 000
Total Assets	1 929 000	2 100 000	2 102 000	2 137 000
Total Retained Equity	753 000	736 000	694 000	647 000
Total Equity	853 000	836 000	794 000	747 000
Total Long-Term Debt	629 000	797 000	966 000	1 133 000
Total Current Debt	447 000	467 000	343 000	257 000
Total Equity and Debt	1 929 000	2 100 000	2 102 000	2 137 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	161 000	18 000	141 000	135 000
Other Income	305 000	254 000	252 000	280 000
Revenue	466 000	272 000	393 000	415 000
Cost of Goods Sold	150 000	23 000	129 000	91 000
Salary Costs	0	0	0	0
Depreciation	47 000	9 000	9 000	9 000
Impairment	0	0	0	0
Expenditure	367 000	178 000	281 000	257 000
Operating Profit	83 000	94 000	112 000	157 000
Financial Income	0	3 000	3 000	2 000
Financial Costs	48 000	43 000	54 000	64 000
Financial Balance	−48 000	−40 000	−51 000	−62 000
Dividends	0	0	0	0
Net Income	18 000	42 000	47 000	74 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 865 000	1 903 000	1 903 000	1 903 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	12 000	21 000	30 000	39 000
Total Tangible Assets	1 877 000	1 924 000	1 934 000	1 943 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 877 000	1 924 000	1 934 000	1 943 000
Stock	3 000	134 000	137 000	144 000
Total Investments	0	0	0	0
Cash, Bank	26 000	15 000	1 000	12 000
Total Current Assets	53 000	175 000	169 000	194 000
Total Assets	1 929 000	2 100 000	2 102 000	2 137 000
Total Equity	853 000	836 000	794 000	747 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	629 000	797 000	966 000	1 133 000
Creditors	62 000	21 000	31 000	19 000
Unpaid Taxes	33 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	335 000	433 000	298 000	217 000
Total Current Debt	447 000	467 000	343 000	257 000
Total Equity and Debt	1 929 000	2 100 000	2 102 000	2 137 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,11 %	5,02 %	5,92 %	9,91 %
Debt-to-Equity Ratio	0,74	0,95	1,22	1,52
Operating Profit Margin	17,81 %	34,56 %	28,5 %	37,83 %
Current Ratio	0,12	0,37	0,49	0,75
Quick Ratio	0,12	0,53	0,82	1,72
Equity Ratio	0,44	0,4	0,38	0,35
Gross Profit Margin	67,81 %	91,54 %	67,18 %	78,07 %