ALTISS TECHNOLOGIES AS

4016 STAVANGER

Finances

Share Ownership

Return on Equity

16,37 %

Current Ratio

0,99

Debt-to-Equity Ratio

−1

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	100 000	0	80 000
Net Income	−496 000	−180 000	−139 000	−106 000
Total Assets	168 000	78 000	58 000	107 000
Total Equity	−3 030 000	−2 534 000	−2 354 000	−2 215 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	100 000	0	80 000
Expenditure	130 000	91 000	61 000	84 000
Operating Profit	−130 000	9 000	−61 000	−4 000
Financial Income	2 000	0	0	0
Financial Costs	367 000	189 000	78 000	102 000
Financial Balance	−365 000	−189 000	−78 000	−102 000
Earnings Before Tax	−496 000	−180 000	−139 000	−106 000
Tax	0	0	0	0
Net Income	−496 000	−180 000	−139 000	−106 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	7 000	7 000
Total Current Assets	168 000	78 000	51 000	99 000
Total Assets	168 000	78 000	58 000	107 000
Total Retained Equity	−3 130 000	−2 634 000	−2 454 000	−2 315 000
Total Equity	−3 030 000	−2 534 000	−2 354 000	−2 215 000
Total Long-Term Debt	3 027 000	2 525 000	2 179 000	2 180 000
Total Current Debt	170 000	87 000	234 000	142 000
Total Equity and Debt	168 000	78 000	58 000	107 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	100 000	0	80 000
Other Income	0	0	0	0
Revenue	0	100 000	0	80 000
Cost of Goods Sold	0	0	0	0
Salary Costs	49 000	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	130 000	91 000	61 000	84 000
Operating Profit	−130 000	9 000	−61 000	−4 000
Financial Income	2 000	0	0	0
Financial Costs	367 000	189 000	78 000	102 000
Financial Balance	−365 000	−189 000	−78 000	−102 000
Dividends	0	0	0	0
Net Income	−496 000	−180 000	−139 000	−106 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	7 000	7 000
Total Fixed Assets	0	0	7 000	7 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	65 000	78 000	13 000	0
Total Current Assets	168 000	78 000	51 000	99 000
Total Assets	168 000	78 000	58 000	107 000
Total Equity	−3 030 000	−2 534 000	−2 354 000	−2 215 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 027 000	2 525 000	2 179 000	2 180 000
Creditors	120 000	1 000	180 000	93 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	49 000	0	54 000	49 000
Total Current Debt	170 000	87 000	234 000	142 000
Total Equity and Debt	168 000	78 000	58 000	107 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,37 %	7,1 %	5,9 %	4,79 %
Debt-to-Equity Ratio	−1	−1	−0,93	−0,98
Operating Profit Margin	-	9 %	-	−5 %
Current Ratio	0,99	0,9	0,22	0,7
Quick Ratio	0,99	0,9	0,22	0,7
Equity Ratio	−18,04	−32,49	−40,59	−20,7
Gross Profit Margin	-	100 %	-	100 %