ALTA ELEMENT & UTVIKLING AS

9514 ALTA

Finances

Share Ownership

Return on Equity

−299,15 %

Current Ratio

1,74

Debt-to-Equity Ratio

6,35

Key figures (NOK)	2021	2020	2019	2018
Revenue	0	4 200 000	0	0
Net Income	−350 000	369 000	−468 000	−1 073 000
Total Assets	978 000	3 452 000	4 826 000	4 892 000
Total Equity	117 000	467 000	98 000	566 000

Income (NOK)	2021	2020	2019	2018
Revenue	0	4 200 000	0	0
Expenditure	158 000	222 000	128 000	781 000
Operating Profit	−158 000	478 000	−128 000	−781 000
Financial Income	0	0	0	0
Financial Costs	192 000	208 000	241 000	293 000
Financial Balance	−192 000	−208 000	−241 000	−293 000
Earnings Before Tax	−350 000	270 000	−369 000	−1 073 000
Tax	0	−99 000	99 000	0
Net Income	−350 000	369 000	−468 000	−1 073 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	774 000	3 446 000	1 326 000	1 351 000
Total Current Assets	205 000	7 000	3 501 000	3 541 000
Total Assets	978 000	3 452 000	4 826 000	4 892 000
Total Retained Equity	−883 000	−533 000	−902 000	−434 000
Total Equity	117 000	467 000	98 000	566 000
Total Long-Term Debt	743 000	2 804 000	4 439 000	4 028 000
Total Current Debt	118 000	182 000	289 000	298 000
Total Equity and Debt	978 000	3 452 000	4 826 000	4 892 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	0	4 200 000	0	0
Other Income	0	0	0	0
Revenue	0	4 200 000	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	25 000	25 000	25 000	25 000
Impairment	0	0	0	0
Expenditure	158 000	222 000	128 000	781 000
Operating Profit	−158 000	478 000	−128 000	−781 000
Financial Income	0	0	0	0
Financial Costs	192 000	208 000	241 000	293 000
Financial Balance	−192 000	−208 000	−241 000	−293 000
Dividends	0	0	0	0
Net Income	−350 000	369 000	−468 000	−1 073 000

Balance details (NOK)	2021	2020	2019	2018
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	110 000	135 000	160 000	185 000
Total Tangible Assets	110 000	135 000	160 000	185 000
Total Fiancial Fixed Assets	663 000	3 310 000	1 165 000	1 165 000
Total Fixed Assets	774 000	3 446 000	1 326 000	1 351 000
Stock	0	0	3 500 000	3 500 000
Total Investments	0	0	0	0
Cash, Bank	205 000	7 000	1 000	7 000
Total Current Assets	205 000	7 000	3 501 000	3 541 000
Total Assets	978 000	3 452 000	4 826 000	4 892 000
Total Equity	117 000	467 000	98 000	566 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	743 000	2 804 000	4 439 000	4 028 000
Creditors	118 000	119 000	177 000	298 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	63 000	12 000	0
Total Current Debt	118 000	182 000	289 000	298 000
Total Equity and Debt	978 000	3 452 000	4 826 000	4 892 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−299,15 %	79,01 %	−477,55 %	−189,58 %
Debt-to-Equity Ratio	6,35	6	45,3	7,12
Operating Profit Margin	-	11,38 %	-	-
Current Ratio	1,74	0,04	12,11	11,88
Quick Ratio	1,74	0,04	−1,09	−1,11
Equity Ratio	0,12	0,14	0,02	0,12
Gross Profit Margin	-	100 %	-	-