ALTERA NORWAY MARINE AS

4014 STAVANGER

Finances

Share Ownership

Return on Equity

160,45 %

Current Ratio

1,09

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	184 637 000	190 843 000	186 750 000	161 629 000
Net Income	5 733 000	6 914 000	6 428 000	5 615 000
Total Assets	45 383 000	39 663 000	50 764 000	34 608 000
Total Equity	3 573 000	3 573 000	3 743 000	10 220 000

Income (NOK)	2022	2021	2020	2019
Revenue	184 637 000	190 843 000	186 750 000	161 629 000
Expenditure	176 043 000	182 227 000	178 254 000	154 550 000
Operating Profit	8 594 000	8 616 000	8 496 000	7 078 000
Financial Income	−1 243 000	248 000	−226 000	120 000
Financial Costs	0	0	29 000	0
Financial Balance	−1 243 000	248 000	−255 000	120 000
Earnings Before Tax	7 350 000	8 864 000	8 240 000	7 199 000
Tax	1 617 000	1 950 000	1 813 000	1 584 000
Net Income	5 733 000	6 914 000	6 428 000	5 615 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	6 321 000
Total Current Assets	45 383 000	39 663 000	50 764 000	28 287 000
Total Assets	45 383 000	39 663 000	50 764 000	34 608 000
Total Retained Equity	0	−737 000	−567 000	5 909 000
Total Equity	3 573 000	3 573 000	3 743 000	10 220 000
Total Long-Term Debt	0	0	0	1 391 000
Total Current Debt	41 809 000	36 090 000	47 020 000	22 997 000
Total Equity and Debt	45 383 000	39 663 000	50 764 000	34 608 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	184 637 000	190 843 000	186 750 000	161 629 000
Other Income	0	0	0	0
Revenue	184 637 000	190 843 000	186 750 000	161 629 000
Cost of Goods Sold	0	0	0	0
Salary Costs	175 581 000	181 802 000	177 768 000	154 258 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	176 043 000	182 227 000	178 254 000	154 550 000
Operating Profit	8 594 000	8 616 000	8 496 000	7 078 000
Financial Income	−1 243 000	248 000	−226 000	120 000
Financial Costs	0	0	29 000	0
Financial Balance	−1 243 000	248 000	−255 000	120 000
Dividends	0	0	0	0
Net Income	5 733 000	6 914 000	6 428 000	5 615 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	6 321 000
Total Fixed Assets	0	0	0	6 321 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	8 579 000	10 809 000	23 441 000	14 490 000
Total Current Assets	45 383 000	39 663 000	50 764 000	28 287 000
Total Assets	45 383 000	39 663 000	50 764 000	34 608 000
Total Equity	3 573 000	3 573 000	3 743 000	10 220 000
Short-Term Group Debt	19 979 000	10 634 000	22 525 000	5 499 000
Total Long-Term Debt	0	0	0	1 391 000
Creditors	225 000	517 000	0	0
Unpaid Taxes	13 840 000	14 604 000	15 052 000	11 760 000
Dividends	0	0	0	0
Other Current Debt	7 765 000	10 335 000	9 443 000	5 738 000
Total Current Debt	41 809 000	36 090 000	47 020 000	22 997 000
Total Equity and Debt	45 383 000	39 663 000	50 764 000	34 608 000

Financial indicators	2022	2021	2020	2019
Return on Equity	160,45 %	193,51 %	171,73 %	54,94 %
Debt-to-Equity Ratio	0	0	0	0,14
Operating Profit Margin	4,65 %	4,51 %	4,55 %	4,38 %
Current Ratio	1,09	1,1	1,08	1,23
Quick Ratio	1,09	1,1	1,08	1,23
Equity Ratio	0,08	0,09	0,07	0,3
Gross Profit Margin	100 %	100 %	100 %	100 %