ALTIMAST GB-ELEKTRO AS

2635 TRETTEN

Finances

Share Ownership

Return on Equity

−66,91 %

Current Ratio

5,38

Debt-to-Equity Ratio

0,67

Key figures (NOK)	2021	2020	2019	2018
Revenue	2 275 000	4 405 000	6 035 000	3 389 000
Net Income	−360 000	−599 000	1 024 000	−119 000
Total Assets	1 068 000	2 019 000	3 073 000	1 665 000
Total Equity	538 000	899 000	1 498 000	474 000

Income (NOK)	2021	2020	2019	2018
Revenue	2 275 000	4 405 000	6 035 000	3 389 000
Expenditure	2 607 000	4 961 000	4 737 000	3 466 000
Operating Profit	−331 000	−556 000	1 298 000	−77 000
Financial Income	0	2 000	0	0
Financial Costs	30 000	223 000	37 000	42 000
Financial Balance	−30 000	−221 000	−37 000	−42 000
Earnings Before Tax	−360 000	−777 000	1 261 000	−119 000
Tax	0	−177 000	237 000	0
Net Income	−360 000	−599 000	1 024 000	−119 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	165 000	700 000	867 000	471 000
Total Current Assets	903 000	1 319 000	2 206 000	1 194 000
Total Assets	1 068 000	2 019 000	3 073 000	1 665 000
Total Retained Equity	488 000	849 000	1 448 000	439 000
Total Equity	538 000	899 000	1 498 000	474 000
Total Long-Term Debt	362 000	521 000	264 000	604 000
Total Current Debt	168 000	600 000	1 266 000	587 000
Total Equity and Debt	1 068 000	2 019 000	3 073 000	1 665 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	2 052 000	4 367 000	5 880 000	3 382 000
Other Income	223 000	38 000	155 000	7 000
Revenue	2 275 000	4 405 000	6 035 000	3 389 000
Cost of Goods Sold	499 000	471 000	338 000	0
Salary Costs	1 199 000	3 238 000	3 436 000	2 341 000
Depreciation	32 000	77 000	−79 000	174 000
Impairment	0	0	0	0
Expenditure	2 607 000	4 961 000	4 737 000	3 466 000
Operating Profit	−331 000	−556 000	1 298 000	−77 000
Financial Income	0	2 000	0	0
Financial Costs	30 000	223 000	37 000	42 000
Financial Balance	−30 000	−221 000	−37 000	−42 000
Dividends	0	0	0	0
Net Income	−360 000	−599 000	1 024 000	−119 000

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	165 000	700 000	667 000	471 000
Total Tangible Assets	165 000	700 000	667 000	471 000
Total Fiancial Fixed Assets	0	0	200 000	0
Total Fixed Assets	165 000	700 000	867 000	471 000
Stock	251 000	125 000	130 000	0
Total Investments	0	0	0	0
Cash, Bank	478 000	514 000	1 054 000	269 000
Total Current Assets	903 000	1 319 000	2 206 000	1 194 000
Total Assets	1 068 000	2 019 000	3 073 000	1 665 000
Total Equity	538 000	899 000	1 498 000	474 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	362 000	521 000	264 000	604 000
Creditors	64 000	−66 000	143 000	67 000
Unpaid Taxes	36 000	424 000	407 000	318 000
Dividends	0	0	0	0
Other Current Debt	68 000	241 000	524 000	202 000
Total Current Debt	168 000	600 000	1 266 000	587 000
Total Equity and Debt	1 068 000	2 019 000	3 073 000	1 665 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−66,91 %	−66,63 %	68,36 %	−25,11 %
Debt-to-Equity Ratio	0,67	0,58	0,18	1,27
Operating Profit Margin	−14,55 %	−12,62 %	21,51 %	−2,27 %
Current Ratio	5,38	2,2	1,74	2,03
Quick Ratio	−10,88	2,78	1,94	2,03
Equity Ratio	0,5	0,45	0,49	0,28
Gross Profit Margin	78,07 %	89,31 %	94,4 %	100 %