AXEL MUEHLAN HOLDING AS

4404 FLEKKEFJORD

Finances

Share Ownership

Return on Equity

69,88 %

Current Ratio

2,17

Debt-to-Equity Ratio

0,8

Key figures (NOK)	2022	2021	2020	2019
Revenue	618 000	622 000	540 000	659 000
Net Income	174 000	284 000	226 000	157 000
Total Assets	683 000	836 000	942 000	1 062 000
Total Equity	249 000	245 000	288 000	175 000

Income (NOK)	2022	2021	2020	2019
Revenue	618 000	622 000	540 000	659 000
Expenditure	328 000	230 000	228 000	424 000
Operating Profit	290 000	392 000	312 000	235 000
Financial Income	0	0	0	0
Financial Costs	49 000	22 000	27 000	34 000
Financial Balance	−49 000	−22 000	−27 000	−34 000
Earnings Before Tax	241 000	370 000	285 000	202 000
Tax	67 000	85 000	59 000	44 000
Net Income	174 000	284 000	226 000	157 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	173 000	475 000	517 000	832 000
Total Current Assets	510 000	361 000	425 000	230 000
Total Assets	683 000	836 000	942 000	1 062 000
Total Retained Equity	119 000	115 000	158 000	45 000
Total Equity	249 000	245 000	288 000	175 000
Total Long-Term Debt	198 000	316 000	483 000	600 000
Total Current Debt	235 000	275 000	171 000	286 000
Total Equity and Debt	683 000	836 000	942 000	1 062 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	618 000	622 000	540 000	659 000
Other Income	0	0	0	0
Revenue	618 000	622 000	540 000	659 000
Cost of Goods Sold	0	4 000	0	0
Salary Costs	6 000	0	0	0
Depreciation	8 000	24 000	41 000	143 000
Impairment	0	0	0	0
Expenditure	328 000	230 000	228 000	424 000
Operating Profit	290 000	392 000	312 000	235 000
Financial Income	0	0	0	0
Financial Costs	49 000	22 000	27 000	34 000
Financial Balance	−49 000	−22 000	−27 000	−34 000
Dividends	170 000	150 000	100 000	0
Net Income	174 000	284 000	226 000	157 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	23 000	29 000	32 000	34 000
Real Eastate	149 000	157 000	165 000	173 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	16 000	49 000
Total Tangible Assets	149 000	157 000	181 000	222 000
Total Fiancial Fixed Assets	0	289 000	303 000	576 000
Total Fixed Assets	173 000	475 000	517 000	832 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	347 000	305 000	354 000	228 000
Total Current Assets	510 000	361 000	425 000	230 000
Total Assets	683 000	836 000	942 000	1 062 000
Total Equity	249 000	245 000	288 000	175 000
Short-Term Group Debt	0	227 000	18 000	286 000
Total Long-Term Debt	198 000	316 000	483 000	600 000
Creditors	2 000	0	0	0
Unpaid Taxes	2 000	0	0	0
Dividends	170 000	150 000	100 000	0
Other Current Debt	0	20 000	0	0
Total Current Debt	235 000	275 000	171 000	286 000
Total Equity and Debt	683 000	836 000	942 000	1 062 000

Financial indicators	2022	2021	2020	2019
Return on Equity	69,88 %	115,92 %	78,47 %	89,71 %
Debt-to-Equity Ratio	0,8	1,29	1,68	3,43
Operating Profit Margin	46,93 %	63,02 %	57,78 %	35,66 %
Current Ratio	2,17	1,31	2,49	0,8
Quick Ratio	2,17	1,31	2,49	0,8
Equity Ratio	0,36	0,29	0,31	0,16
Gross Profit Margin	100 %	99,36 %	100 %	100 %