ALBATROSS SERVICES AS

4055 SOLA

Finances

Share Ownership

Return on Equity

53,84 %

Current Ratio

0,32

Debt-to-Equity Ratio

−0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	31 485 000	51 667 000	29 914 000	32 311 000
Net Income	−5 189 000	−192 000	−7 427 000	−7 463 000
Total Assets	9 482 000	9 613 000	8 773 000	9 854 000
Total Equity	−9 638 000	−4 449 000	−4 257 000	−21 290 000

Income (NOK)	2022	2021	2020	2019
Revenue	31 485 000	51 667 000	29 914 000	32 311 000
Expenditure	35 904 000	51 282 000	36 745 000	39 330 000
Operating Profit	−4 419 000	385 000	−6 831 000	−7 019 000
Financial Income	0	0	0	2 000
Financial Costs	770 000	577 000	596 000	446 000
Financial Balance	−770 000	−577 000	−596 000	−444 000
Earnings Before Tax	−5 189 000	−192 000	−7 427 000	−7 463 000
Tax	0	0	0	0
Net Income	−5 189 000	−192 000	−7 427 000	−7 463 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 453 000	3 815 000	3 941 000	105 000
Total Current Assets	6 029 000	5 797 000	4 832 000	9 750 000
Total Assets	9 482 000	9 613 000	8 773 000	9 854 000
Total Retained Equity	−9 838 000	−4 649 000	−4 457 000	−23 290 000
Total Equity	−9 638 000	−4 449 000	−4 257 000	−21 290 000
Total Long-Term Debt	207 000	0	0	8 112 000
Total Current Debt	18 913 000	14 061 000	13 030 000	23 032 000
Total Equity and Debt	9 482 000	9 613 000	8 773 000	9 854 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	31 462 000	51 551 000	29 795 000	32 188 000
Other Income	23 000	117 000	119 000	123 000
Revenue	31 485 000	51 667 000	29 914 000	32 311 000
Cost of Goods Sold	12 378 000	22 965 000	12 662 000	11 819 000
Salary Costs	18 092 000	21 909 000	20 373 000	23 057 000
Depreciation	727 000	610 000	191 000	109 000
Impairment	0	0	0	0
Expenditure	35 904 000	51 282 000	36 745 000	39 330 000
Operating Profit	−4 419 000	385 000	−6 831 000	−7 019 000
Financial Income	0	0	0	2 000
Financial Costs	770 000	577 000	596 000	446 000
Financial Balance	−770 000	−577 000	−596 000	−444 000
Dividends	0	0	0	0
Net Income	−5 189 000	−192 000	−7 427 000	−7 463 000

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	3 416 000	3 719 000	3 941 000	105 000
Total Tangible Assets	3 416 000	3 719 000	3 941 000	105 000
Total Fiancial Fixed Assets	38 000	97 000	0	0
Total Fixed Assets	3 453 000	3 815 000	3 941 000	105 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	676 000	181 000	861 000	1 045 000
Total Current Assets	6 029 000	5 797 000	4 832 000	9 750 000
Total Assets	9 482 000	9 613 000	8 773 000	9 854 000
Total Equity	−9 638 000	−4 449 000	−4 257 000	−21 290 000
Short-Term Group Debt	938 000	938 000	2 513 000	6 654 000
Total Long-Term Debt	207 000	0	0	8 112 000
Creditors	3 692 000	2 593 000	2 026 000	3 933 000
Unpaid Taxes	1 282 000	1 169 000	1 554 000	2 155 000
Dividends	0	0	0	0
Other Current Debt	3 000 000	3 219 000	3 685 000	3 766 000
Total Current Debt	18 913 000	14 061 000	13 030 000	23 032 000
Total Equity and Debt	9 482 000	9 613 000	8 773 000	9 854 000

Financial indicators	2022	2021	2020	2019
Return on Equity	53,84 %	4,32 %	174,47 %	35,05 %
Debt-to-Equity Ratio	−0,02	−0	−0	−0,38
Operating Profit Margin	−14,04 %	0,75 %	−22,84 %	−21,72 %
Current Ratio	0,32	0,41	0,37	0,42
Quick Ratio	0,32	0,41	0,37	0,42
Equity Ratio	−1,02	−0,46	−0,49	−2,16
Gross Profit Margin	60,69 %	55,55 %	57,67 %	63,42 %