ALGRØY ELEKTRO AS

5357 FJELL

Finances

Share Ownership

Return on Equity

24,34 %

Current Ratio

2,08

Debt-to-Equity Ratio

0,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	42 227 000	38 125 000	37 449 000	44 154 000
Net Income	3 049 000	1 345 000	2 832 000	3 484 000
Total Assets	23 566 000	20 246 000	22 413 000	18 914 000
Total Equity	12 527 000	11 478 000	10 933 000	9 801 000

Income (NOK)	2022	2021	2020	2019
Revenue	42 227 000	38 125 000	37 449 000	44 154 000
Expenditure	38 378 000	36 382 000	33 811 000	39 626 000
Operating Profit	3 850 000	1 742 000	3 638 000	4 528 000
Financial Income	138 000	21 000	40 000	27 000
Financial Costs	39 000	37 000	43 000	74 000
Financial Balance	99 000	−16 000	−3 000	−47 000
Earnings Before Tax	3 950 000	1 726 000	3 635 000	4 482 000
Tax	901 000	381 000	803 000	997 000
Net Income	3 049 000	1 345 000	2 832 000	3 484 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 759 000	4 751 000	4 598 000	4 453 000
Total Current Assets	18 807 000	15 495 000	17 815 000	14 460 000
Total Assets	23 566 000	20 246 000	22 413 000	18 914 000
Total Retained Equity	12 427 000	11 378 000	10 833 000	9 701 000
Total Equity	12 527 000	11 478 000	10 933 000	9 801 000
Total Long-Term Debt	1 997 000	1 145 000	1 092 000	1 031 000
Total Current Debt	9 042 000	7 624 000	10 388 000	8 082 000
Total Equity and Debt	23 566 000	20 246 000	22 413 000	18 914 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	42 068 000	38 036 000	37 449 000	44 154 000
Other Income	160 000	88 000	0	0
Revenue	42 227 000	38 125 000	37 449 000	44 154 000
Cost of Goods Sold	15 398 000	14 731 000	13 159 000	18 752 000
Salary Costs	18 528 000	17 276 000	16 984 000	17 099 000
Depreciation	450 000	379 000	306 000	214 000
Impairment	0	0	0	0
Expenditure	38 378 000	36 382 000	33 811 000	39 626 000
Operating Profit	3 850 000	1 742 000	3 638 000	4 528 000
Financial Income	138 000	21 000	40 000	27 000
Financial Costs	39 000	37 000	43 000	74 000
Financial Balance	99 000	−16 000	−3 000	−47 000
Dividends	2 000 000	800 000	1 700 000	1 000 000
Net Income	3 049 000	1 345 000	2 832 000	3 484 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	2 000
Real Eastate	2 749 000	2 749 000	2 749 000	2 749 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 010 000	2 001 000	1 849 000	1 702 000
Total Tangible Assets	4 759 000	4 751 000	4 598 000	4 451 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 759 000	4 751 000	4 598 000	4 453 000
Stock	1 919 000	1 939 000	2 081 000	2 225 000
Total Investments	0	0	0	0
Cash, Bank	11 517 000	7 227 000	9 096 000	5 061 000
Total Current Assets	18 807 000	15 495 000	17 815 000	14 460 000
Total Assets	23 566 000	20 246 000	22 413 000	18 914 000
Total Equity	12 527 000	11 478 000	10 933 000	9 801 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 997 000	1 145 000	1 092 000	1 031 000
Creditors	746 000	1 136 000	1 293 000	883 000
Unpaid Taxes	2 810 000	3 209 000	2 830 000	2 810 000
Dividends	2 000 000	800 000	1 700 000	1 000 000
Other Current Debt	4 598 000	2 912 000	5 488 000	3 429 000
Total Current Debt	9 042 000	7 624 000	10 388 000	8 082 000
Total Equity and Debt	23 566 000	20 246 000	22 413 000	18 914 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,34 %	11,72 %	25,9 %	35,55 %
Debt-to-Equity Ratio	0,16	0,1	0,1	0,11
Operating Profit Margin	9,12 %	4,57 %	9,71 %	10,26 %
Current Ratio	2,08	2,03	1,71	1,79
Quick Ratio	2,64	2,73	2,14	2,47
Equity Ratio	0,53	0,57	0,49	0,52
Gross Profit Margin	63,54 %	61,36 %	64,86 %	57,53 %