ALTERA NORWAY HOLDINGS AS

4014 STAVANGER

Finances

Return on Equity

5,48 %

Current Ratio

1,1

Debt-to-Equity Ratio

4,29

Key figures (NOK)	2021	2020	2019	2018
Revenue	180 996 000	173 483 000	0	0
Net Income	5 663 000	71 986 000	9 630 000	−132 652 000
Total Assets	602 241 000	657 915 000	851 042 000	815 536 000
Total Equity	103 414 000	97 750 000	247 932 000	238 302 000

Income (NOK)	2021	2020	2019	2018
Revenue	180 996 000	173 483 000	0	0
Expenditure	179 117 000	173 659 000	111 000	61 000
Operating Profit	1 880 000	−177 000	−111 000	−61 000
Financial Income	−248 000	−2 288 000	−346 000	−1 095 000
Financial Costs	29 768 000	30 596 000	25 387 000	70 834 000
Financial Balance	−30 016 000	−32 884 000	−25 733 000	−71 929 000
Earnings Before Tax	−28 136 000	−33 060 000	−25 845 000	−71 990 000
Tax	−33 800 000	−105 046 000	−35 474 000	60 662 000
Net Income	5 663 000	71 986 000	9 630 000	−132 652 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	541 077 000	526 999 000	849 539 000	814 065 000
Total Current Assets	61 164 000	130 916 000	1 503 000	1 471 000
Total Assets	602 241 000	657 915 000	851 042 000	815 536 000
Total Retained Equity	52 851 000	47 187 000	197 369 000	187 739 000
Total Equity	103 414 000	97 750 000	247 932 000	238 302 000
Total Long-Term Debt	443 236 000	451 850 000	603 022 000	577 234 000
Total Current Debt	55 592 000	108 315 000	88 000	0
Total Equity and Debt	602 241 000	657 915 000	851 042 000	815 536 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	180 996 000	173 483 000	0	0
Other Income	0	0	0	0
Revenue	180 996 000	173 483 000	0	0
Cost of Goods Sold	110 831 000	108 877 000	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	179 117 000	173 659 000	111 000	61 000
Operating Profit	1 880 000	−177 000	−111 000	−61 000
Financial Income	−248 000	−2 288 000	−346 000	−1 095 000
Financial Costs	29 768 000	30 596 000	25 387 000	70 834 000
Financial Balance	−30 016 000	−32 884 000	−25 733 000	−71 929 000
Dividends	0	0	0	0
Net Income	5 663 000	71 986 000	9 630 000	−132 652 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	174 742 000	140 942 000	35 474 000	0
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	366 335 000	386 056 000	814 065 000	814 065 000
Total Fixed Assets	541 077 000	526 999 000	849 539 000	814 065 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	44 113 000	106 041 000	1 503 000	1 465 000
Total Current Assets	61 164 000	130 916 000	1 503 000	1 471 000
Total Assets	602 241 000	657 915 000	851 042 000	815 536 000
Total Equity	103 414 000	97 750 000	247 932 000	238 302 000
Short-Term Group Debt	43 700 000	71 109 000	88 000	0
Total Long-Term Debt	443 236 000	451 850 000	603 022 000	577 234 000
Creditors	2 980 000	130 000	0	0
Unpaid Taxes	0	5 000	0	0
Dividends	0	0	0	0
Other Current Debt	8 912 000	37 070 000	0	0
Total Current Debt	55 592 000	108 315 000	88 000	0
Total Equity and Debt	602 241 000	657 915 000	851 042 000	815 536 000

Financial indicators	2021	2020	2019	2018
Return on Equity	5,48 %	73,64 %	3,88 %	−55,67 %
Debt-to-Equity Ratio	4,29	4,62	2,43	2,42
Operating Profit Margin	1,04 %	−0,1 %	-	-
Current Ratio	1,1	1,21	17,08	-
Quick Ratio	1,1	1,21	17,08	-
Equity Ratio	0,17	0,15	0,29	0,29
Gross Profit Margin	38,77 %	37,24 %	-	-