AXCEL HOLDING AS

5542 KARMSUND

Finances

Return on Equity

−0,94 %

Current Ratio

0,03

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	42 000	25 000	0	0
Net Income	2 000	7 000	−216 000	−11 000
Total Assets	255 000	245 000	256 000	472 000
Total Equity	−213 000	−214 000	−221 000	−5 000

Income (NOK)	2022	2021	2020	2019
Revenue	42 000	25 000	0	0
Expenditure	14 000	17 000	12 000	11 000
Operating Profit	28 000	7 000	−12 000	−11 000
Financial Income	0	0	0	0
Financial Costs	23 000	0	204 000	0
Financial Balance	−23 000	0	−204 000	0
Earnings Before Tax	5 000	7 000	−216 000	−11 000
Tax	4 000	0	0	0
Net Income	2 000	7 000	−216 000	−11 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	239 000	243 000	254 000	470 000
Total Current Assets	16 000	2 000	1 000	1 000
Total Assets	255 000	245 000	256 000	472 000
Total Retained Equity	−243 000	−244 000	−251 000	−35 000
Total Equity	−213 000	−214 000	−221 000	−5 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	468 000	459 000	477 000	477 000
Total Equity and Debt	255 000	245 000	256 000	472 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	42 000	25 000	0	0
Other Income	0	0	0	0
Revenue	42 000	25 000	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	14 000	17 000	12 000	11 000
Operating Profit	28 000	7 000	−12 000	−11 000
Financial Income	0	0	0	0
Financial Costs	23 000	0	204 000	0
Financial Balance	−23 000	0	−204 000	0
Dividends	0	0	0	0
Net Income	2 000	7 000	−216 000	−11 000

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	239 000	243 000	254 000	470 000
Total Fixed Assets	239 000	243 000	254 000	470 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	16 000	2 000	1 000	1 000
Total Current Assets	16 000	2 000	1 000	1 000
Total Assets	255 000	245 000	256 000	472 000
Total Equity	−213 000	−214 000	−221 000	−5 000
Short-Term Group Debt	191 000	129 000	64 000	52 000
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	274 000	331 000	413 000	425 000
Total Current Debt	468 000	459 000	477 000	477 000
Total Equity and Debt	255 000	245 000	256 000	472 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,94 %	−3,27 %	97,74 %	220 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	66,67 %	28 %	-	-
Current Ratio	0,03	0	0	0
Quick Ratio	0,03	0	0	0
Equity Ratio	−0,84	−0,87	−0,86	−0,01
Gross Profit Margin	100 %	100 %	-	-