ALTA ELEKTRO AS

9515 ALTA

Finances

Share Ownership

Return on Equity

94,39 %

Current Ratio

1,49

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 723 000	5 353 000	5 969 000	4 834 000
Net Income	505 000	895 000	812 000	717 000
Total Assets	1 443 000	1 851 000	2 365 000	2 224 000
Total Equity	535 000	30 000	30 000	36 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 723 000	5 353 000	5 969 000	4 834 000
Expenditure	4 086 000	4 202 000	4 919 000	3 907 000
Operating Profit	636 000	1 149 000	1 050 000	927 000
Financial Income	4 000	2 000	0	1 000
Financial Costs	−7 000	4 000	8 000	9 000
Financial Balance	11 000	−2 000	−8 000	−8 000
Earnings Before Tax	647 000	1 147 000	1 042 000	919 000
Tax	142 000	252 000	230 000	202 000
Net Income	505 000	895 000	812 000	717 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	91 000	154 000	277 000	282 000
Total Current Assets	1 352 000	1 697 000	2 088 000	1 942 000
Total Assets	1 443 000	1 851 000	2 365 000	2 224 000
Total Retained Equity	505 000	0	0	6 000
Total Equity	535 000	30 000	30 000	36 000
Total Long-Term Debt	0	46 000	137 000	225 000
Total Current Debt	908 000	1 776 000	2 198 000	1 963 000
Total Equity and Debt	1 443 000	1 851 000	2 365 000	2 224 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 723 000	5 353 000	5 966 000	4 833 000
Other Income	0	0	2 000	1 000
Revenue	4 723 000	5 353 000	5 969 000	4 834 000
Cost of Goods Sold	1 540 000	1 980 000	2 623 000	1 688 000
Salary Costs	1 943 000	1 652 000	1 753 000	1 585 000
Depreciation	66 000	139 000	120 000	117 000
Impairment	0	0	0	0
Expenditure	4 086 000	4 202 000	4 919 000	3 907 000
Operating Profit	636 000	1 149 000	1 050 000	927 000
Financial Income	4 000	2 000	0	1 000
Financial Costs	−7 000	4 000	8 000	9 000
Financial Balance	11 000	−2 000	−8 000	−8 000
Dividends	0	895 000	818 000	800 000
Net Income	505 000	895 000	812 000	717 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	27 000	24 000	8 000	5 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	64 000	93 000	142 000	62 000
Fixtures	0	37 000	126 000	216 000
Total Tangible Assets	64 000	130 000	269 000	277 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	91 000	154 000	277 000	282 000
Stock	50 000	64 000	132 000	69 000
Total Investments	0	0	0	0
Cash, Bank	502 000	1 269 000	1 296 000	837 000
Total Current Assets	1 352 000	1 697 000	2 088 000	1 942 000
Total Assets	1 443 000	1 851 000	2 365 000	2 224 000
Total Equity	535 000	30 000	30 000	36 000
Short-Term Group Debt	0	0	0	110 000
Total Long-Term Debt	0	46 000	137 000	225 000
Creditors	357 000	159 000	609 000	390 000
Unpaid Taxes	244 000	285 000	84 000	313 000
Dividends	0	895 000	818 000	800 000
Other Current Debt	162 000	169 000	453 000	141 000
Total Current Debt	908 000	1 776 000	2 198 000	1 963 000
Total Equity and Debt	1 443 000	1 851 000	2 365 000	2 224 000

Financial indicators	2022	2021	2020	2019
Return on Equity	94,39 %	2 983,33 %	2 706,67 %	1 991,67 %
Debt-to-Equity Ratio	0	1,53	4,57	6,25
Operating Profit Margin	13,47 %	21,46 %	17,59 %	19,18 %
Current Ratio	1,49	0,96	0,95	0,99
Quick Ratio	1,58	0,99	1,01	1,03
Equity Ratio	0,37	0,02	0,01	0,02
Gross Profit Margin	67,39 %	63,01 %	56,06 %	65,08 %