EXCEL GROUP AS

8900 BRØNNØYSUND

Finances

Return on Equity

8,37 %

Current Ratio

758

Debt-to-Equity Ratio

0,42

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	913 000	−27 000	4 000	15 000
Total Assets	15 483 000	15 509 000	10 826 000	11 840 000
Total Equity	10 911 000	10 498 000	10 825 000	11 821 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	38 000	28 000	23 000	21 000
Operating Profit	−37 000	−28 000	−23 000	−21 000
Financial Income	1 011 000	11 000	28 000	40 000
Financial Costs	61 000	10 000	0	0
Financial Balance	950 000	1 000	28 000	40 000
Earnings Before Tax	913 000	−27 000	6 000	19 000
Tax	0	0	1 000	4 000
Net Income	913 000	−27 000	4 000	15 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 725 000	14 169 000	8 869 000	8 869 000
Total Current Assets	758 000	1 339 000	1 957 000	2 971 000
Total Assets	15 483 000	15 509 000	10 826 000	11 840 000
Total Retained Equity	9 804 000	9 391 000	9 718 000	10 713 000
Total Equity	10 911 000	10 498 000	10 825 000	11 821 000
Total Long-Term Debt	4 572 000	5 010 000	0	0
Total Current Debt	1 000	0	1 000	20 000
Total Equity and Debt	15 483 000	15 509 000	10 826 000	11 840 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	3 000	0	0	0
Impairment	0	0	0	0
Expenditure	38 000	28 000	23 000	21 000
Operating Profit	−37 000	−28 000	−23 000	−21 000
Financial Income	1 011 000	11 000	28 000	40 000
Financial Costs	61 000	10 000	0	0
Financial Balance	950 000	1 000	28 000	40 000
Dividends	500 000	300 000	1 000 000	0
Net Income	913 000	−27 000	4 000	15 000

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	55 000	0	0	0
Total Tangible Assets	55 000	0	0	0
Total Fiancial Fixed Assets	14 670 000	14 169 000	8 869 000	8 869 000
Total Fixed Assets	14 725 000	14 169 000	8 869 000	8 869 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	511 000	1 246 000	1 864 000	2 959 000
Total Current Assets	758 000	1 339 000	1 957 000	2 971 000
Total Assets	15 483 000	15 509 000	10 826 000	11 840 000
Total Equity	10 911 000	10 498 000	10 825 000	11 821 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 572 000	5 010 000	0	0
Creditors	1 000	0	0	1 000
Unpaid Taxes	0	0	0	0
Dividends	500 000	300 000	1 000 000	0
Other Current Debt	0	0	0	19 000
Total Current Debt	1 000	0	1 000	20 000
Total Equity and Debt	15 483 000	15 509 000	10 826 000	11 840 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,37 %	−0,26 %	0,04 %	0,13 %
Debt-to-Equity Ratio	0,42	0,48	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	758	-	1 957	148,55
Quick Ratio	758	-	1 957	148,55
Equity Ratio	0,7	0,68	1	1
Gross Profit Margin	-	-	-	-