ALTO SERVICE AS

8150 ØRNES

Finances

Share Ownership

Return on Equity

30,24 %

Current Ratio

5,32

Debt-to-Equity Ratio

0,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 603 000	2 110 000	1 641 000	1 389 000
Net Income	235 000	43 000	131 000	152 000
Total Assets	1 027 000	980 000	1 081 000	1 035 000
Total Equity	777 000	543 000	499 000	368 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 603 000	2 110 000	1 641 000	1 389 000
Expenditure	2 288 000	2 042 000	1 454 000	1 189 000
Operating Profit	314 000	68 000	186 000	199 000
Financial Income	2 000	0	0	0
Financial Costs	10 000	12 000	18 000	5 000
Financial Balance	−8 000	−12 000	−18 000	−5 000
Earnings Before Tax	306 000	55 000	168 000	194 000
Tax	71 000	12 000	37 000	43 000
Net Income	235 000	43 000	131 000	152 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	170 000	281 000	393 000	504 000
Total Current Assets	857 000	698 000	688 000	531 000
Total Assets	1 027 000	980 000	1 081 000	1 035 000
Total Retained Equity	673 000	438 000	394 000	263 000
Total Equity	777 000	543 000	499 000	368 000
Total Long-Term Debt	89 000	198 000	303 000	397 000
Total Current Debt	161 000	239 000	279 000	269 000
Total Equity and Debt	1 027 000	980 000	1 081 000	1 035 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 603 000	2 109 000	1 639 000	1 389 000
Other Income	0	0	1 000	0
Revenue	2 603 000	2 110 000	1 641 000	1 389 000
Cost of Goods Sold	1 126 000	851 000	551 000	426 000
Salary Costs	611 000	762 000	453 000	452 000
Depreciation	111 000	111 000	111 000	41 000
Impairment	0	0	0	0
Expenditure	2 288 000	2 042 000	1 454 000	1 189 000
Operating Profit	314 000	68 000	186 000	199 000
Financial Income	2 000	0	0	0
Financial Costs	10 000	12 000	18 000	5 000
Financial Balance	−8 000	−12 000	−18 000	−5 000
Dividends	0	0	0	0
Net Income	235 000	43 000	131 000	152 000

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	170 000	281 000	393 000	504 000
Total Tangible Assets	170 000	281 000	393 000	504 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	170 000	281 000	393 000	504 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	453 000	586 000	267 000	418 000
Total Current Assets	857 000	698 000	688 000	531 000
Total Assets	1 027 000	980 000	1 081 000	1 035 000
Total Equity	777 000	543 000	499 000	368 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	89 000	198 000	303 000	397 000
Creditors	0	65 000	25 000	0
Unpaid Taxes	50 000	24 000	97 000	195 000
Dividends	0	0	0	0
Other Current Debt	32 000	130 000	117 000	51 000
Total Current Debt	161 000	239 000	279 000	269 000
Total Equity and Debt	1 027 000	980 000	1 081 000	1 035 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,24 %	7,92 %	26,25 %	41,3 %
Debt-to-Equity Ratio	0,11	0,36	0,61	1,08
Operating Profit Margin	12,06 %	3,22 %	11,33 %	14,33 %
Current Ratio	5,32	2,92	2,47	1,97
Quick Ratio	5,32	2,92	2,47	1,97
Equity Ratio	0,76	0,55	0,46	0,36
Gross Profit Margin	56,74 %	59,67 %	66,42 %	69,33 %