ALBUMIN AS

1555 SON

Finances

Share Ownership

Return on Equity

13,86 %

Current Ratio

0,08

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	566 000	639 000	499 000	1 318 000
Net Income	−169 000	−689 000	−1 055 000	−54 000
Total Assets	1 043 000	1 222 000	1 070 000	833 000
Total Equity	−1 219 000	−1 050 000	−361 000	694 000

Income (NOK)	2022	2021	2020	2019
Revenue	566 000	639 000	499 000	1 318 000
Expenditure	758 000	1 347 000	1 573 000	1 401 000
Operating Profit	−191 000	−707 000	−1 074 000	−83 000
Financial Income	35 000	32 000	24 000	32 000
Financial Costs	13 000	14 000	5 000	4 000
Financial Balance	22 000	18 000	19 000	28 000
Earnings Before Tax	−169 000	−689 000	−1 055 000	−54 000
Tax	0	0	0	0
Net Income	−169 000	−689 000	−1 055 000	−54 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	854 000	826 000	800 000	447 000
Total Current Assets	189 000	395 000	270 000	386 000
Total Assets	1 043 000	1 222 000	1 070 000	833 000
Total Retained Equity	−2 219 000	−2 050 000	−1 361 000	−306 000
Total Equity	−1 219 000	−1 050 000	−361 000	694 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 262 000	2 272 000	1 431 000	139 000
Total Equity and Debt	1 043 000	1 222 000	1 070 000	833 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	566 000	639 000	499 000	1 318 000
Other Income	0	0	0	0
Revenue	566 000	639 000	499 000	1 318 000
Cost of Goods Sold	0	0	204 000	38 000
Salary Costs	0	0	0	0
Depreciation	6 000	6 000	6 000	4 000
Impairment	0	0	0	0
Expenditure	758 000	1 347 000	1 573 000	1 401 000
Operating Profit	−191 000	−707 000	−1 074 000	−83 000
Financial Income	35 000	32 000	24 000	32 000
Financial Costs	13 000	14 000	5 000	4 000
Financial Balance	22 000	18 000	19 000	28 000
Dividends	0	0	0	0
Net Income	−169 000	−689 000	−1 055 000	−54 000

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	7 000	13 000	18 000	24 000
Total Tangible Assets	7 000	13 000	18 000	24 000
Total Fiancial Fixed Assets	847 000	813 000	781 000	423 000
Total Fixed Assets	854 000	826 000	800 000	447 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 000	60 000	1 000	34 000
Total Current Assets	189 000	395 000	270 000	386 000
Total Assets	1 043 000	1 222 000	1 070 000	833 000
Total Equity	−1 219 000	−1 050 000	−361 000	694 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	298 000	493 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 964 000	1 779 000	1 431 000	139 000
Total Current Debt	2 262 000	2 272 000	1 431 000	139 000
Total Equity and Debt	1 043 000	1 222 000	1 070 000	833 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,86 %	65,62 %	292,24 %	−7,78 %
Debt-to-Equity Ratio	−0	−0	−0	0
Operating Profit Margin	−33,75 %	−110,64 %	−215,23 %	−6,3 %
Current Ratio	0,08	0,17	0,19	2,78
Quick Ratio	0,08	0,17	0,19	2,78
Equity Ratio	−1,17	−0,86	−0,34	0,83
Gross Profit Margin	100 %	100 %	59,12 %	97,12 %