ALTIEIK AS

7028 TRONDHEIM

Finances

Share Ownership

Return on Equity

9,91 %

Current Ratio

4,25

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 242 000	3 388 000	2 871 000	5 242 000
Net Income	469 000	141 000	4 000	735 000
Total Assets	6 068 000	4 683 000	4 469 000	5 143 000
Total Equity	4 734 000	4 265 000	4 123 000	4 120 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 242 000	3 388 000	2 871 000	5 242 000
Expenditure	3 857 000	3 368 000	2 957 000	4 256 000
Operating Profit	543 000	169 000	−19 000	911 000
Financial Income	59 000	12 000	27 000	33 000
Financial Costs	0	0	2 000	0
Financial Balance	59 000	12 000	25 000	33 000
Earnings Before Tax	602 000	181 000	5 000	943 000
Tax	132 000	40 000	2 000	208 000
Net Income	469 000	141 000	4 000	735 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	394 000	267 000	302 000	460 000
Total Current Assets	5 674 000	4 416 000	4 167 000	4 683 000
Total Assets	6 068 000	4 683 000	4 469 000	5 143 000
Total Retained Equity	3 600 000	3 131 000	2 989 000	2 986 000
Total Equity	4 734 000	4 265 000	4 123 000	4 120 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 334 000	418 000	345 000	1 023 000
Total Equity and Debt	6 068 000	4 683 000	4 469 000	5 143 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 182 000	3 327 000	2 848 000	5 233 000
Other Income	60 000	61 000	22 000	8 000
Revenue	4 242 000	3 388 000	2 871 000	5 242 000
Cost of Goods Sold	1 380 000	963 000	738 000	1 765 000
Salary Costs	1 547 000	1 582 000	1 342 000	1 526 000
Depreciation	98 000	87 000	125 000	128 000
Impairment	0	0	0	0
Expenditure	3 857 000	3 368 000	2 957 000	4 256 000
Operating Profit	543 000	169 000	−19 000	911 000
Financial Income	59 000	12 000	27 000	33 000
Financial Costs	0	0	2 000	0
Financial Balance	59 000	12 000	25 000	33 000
Dividends	0	0	0	0
Net Income	469 000	141 000	4 000	735 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 000	5 000	2 000	35 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	363 000	219 000	279 000	339 000
Fixtures	27 000	43 000	21 000	85 000
Total Tangible Assets	390 000	262 000	300 000	425 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	394 000	267 000	302 000	460 000
Stock	750 000	592 000	443 000	376 000
Total Investments	0	0	0	0
Cash, Bank	4 061 000	3 222 000	3 440 000	3 425 000
Total Current Assets	5 674 000	4 416 000	4 167 000	4 683 000
Total Assets	6 068 000	4 683 000	4 469 000	5 143 000
Total Equity	4 734 000	4 265 000	4 123 000	4 120 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	99 000	101 000	48 000	76 000
Unpaid Taxes	213 000	130 000	157 000	406 000
Dividends	0	0	0	0
Other Current Debt	890 000	144 000	140 000	326 000
Total Current Debt	1 334 000	418 000	345 000	1 023 000
Total Equity and Debt	6 068 000	4 683 000	4 469 000	5 143 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,91 %	3,31 %	0,1 %	17,84 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	12,8 %	4,99 %	−0,66 %	17,38 %
Current Ratio	4,25	10,56	12,08	4,58
Quick Ratio	9,72	−25,38	−42,52	7,24
Equity Ratio	0,78	0,91	0,92	0,8
Gross Profit Margin	67,47 %	71,58 %	74,29 %	66,33 %