ALBATROSS HOLDING AS

4200 SAUDA

Finances

Return on Equity

−3,7 %

Current Ratio

14,1

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	380 000	114 000	0	161 000
Net Income	−1 060 000	1 949 000	965 000	15 391 000
Total Assets	29 663 000	31 010 000	29 603 000	29 653 000
Total Equity	28 664 000	30 324 000	28 975 000	28 610 000

Income (NOK)	2022	2021	2020	2019
Revenue	380 000	114 000	0	161 000
Expenditure	1 162 000	106 000	90 000	60 000
Operating Profit	−781 000	7 000	−90 000	101 000
Financial Income	550 000	2 163 000	1 515 000	15 334 000
Financial Costs	828 000	155 000	432 000	0
Financial Balance	−278 000	2 008 000	1 083 000	15 334 000
Earnings Before Tax	−1 060 000	2 015 000	993 000	15 435 000
Tax	0	66 000	28 000	44 000
Net Income	−1 060 000	1 949 000	965 000	15 391 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 581 000	21 492 000	20 226 000	28 526 000
Total Current Assets	14 082 000	9 518 000	9 377 000	1 127 000
Total Assets	29 663 000	31 010 000	29 603 000	29 653 000
Total Retained Equity	27 419 000	29 079 000	27 730 000	27 365 000
Total Equity	28 664 000	30 324 000	28 975 000	28 610 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	999 000	686 000	628 000	1 044 000
Total Equity and Debt	29 663 000	31 010 000	29 603 000	29 653 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	98 000	0	0	0
Other Income	282 000	114 000	0	161 000
Revenue	380 000	114 000	0	161 000
Cost of Goods Sold	0	0	0	0
Salary Costs	780 000	0	0	0
Depreciation	112 000	34 000	34 000	34 000
Impairment	0	0	0	0
Expenditure	1 162 000	106 000	90 000	60 000
Operating Profit	−781 000	7 000	−90 000	101 000
Financial Income	550 000	2 163 000	1 515 000	15 334 000
Financial Costs	828 000	155 000	432 000	0
Financial Balance	−278 000	2 008 000	1 083 000	15 334 000
Dividends	600 000	600 000	600 000	1 000 000
Net Income	−1 060 000	1 949 000	965 000	15 391 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 457 000	4 035 000	4 035 000	4 035 000
Machinery and Plant Facilities	310 000	0	0	0
Fixtures	0	34 000	68 000	103 000
Total Tangible Assets	2 768 000	4 069 000	4 103 000	4 137 000
Total Fiancial Fixed Assets	12 813 000	17 423 000	16 123 000	24 389 000
Total Fixed Assets	15 581 000	21 492 000	20 226 000	28 526 000
Stock	0	0	0	0
Total Investments	7 886 000	7 958 000	6 636 000	327 000
Cash, Bank	5 024 000	502 000	1 736 000	677 000
Total Current Assets	14 082 000	9 518 000	9 377 000	1 127 000
Total Assets	29 663 000	31 010 000	29 603 000	29 653 000
Total Equity	28 664 000	30 324 000	28 975 000	28 610 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	57 000	20 000	0	0
Unpaid Taxes	257 000	0	0	0
Dividends	600 000	600 000	600 000	1 000 000
Other Current Debt	86 000	0	0	0
Total Current Debt	999 000	686 000	628 000	1 044 000
Total Equity and Debt	29 663 000	31 010 000	29 603 000	29 653 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,7 %	6,43 %	3,33 %	53,8 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−205,53 %	6,14 %	-	62,73 %
Current Ratio	14,1	13,87	14,93	1,08
Quick Ratio	14,1	13,87	14,93	1,08
Equity Ratio	0,97	0,98	0,98	0,96
Gross Profit Margin	100 %	100 %	-	100 %