APPROACH AI AS

0282 OSLO

Finances

Return on Equity

32,98 %

Current Ratio

3,36

Debt-to-Equity Ratio

0,65

Key figures (NOK)	2022	2021	2020	2019
Revenue	318 000	0	0	0
Net Income	185 000	119 000	233 000	0
Total Assets	1 321 000	995 000	546 000	24 000
Total Equity	561 000	365 000	246 000	24 000

Income (NOK)	2022	2021	2020
Revenue	318 000	0	0
Expenditure	17 000	0	0
Operating Profit	301 000	0	0
Financial Income	0	119 000	244 000
Financial Costs	62 000	0	11 000
Financial Balance	−62 000	119 000	233 000
Earnings Before Tax	238 000	119 000	233 000
Tax	53 000	0	0
Net Income	185 000	119 000	233 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	995 000	0	0
Total Current Assets	1 321 000	0	546 000	24 000
Total Assets	1 321 000	995 000	546 000	24 000
Total Retained Equity	531 000	119 000	0	0
Total Equity	561 000	365 000	246 000	24 000
Total Long-Term Debt	367 000	300 000	300 000	0
Total Current Debt	393 000	330 000	0	0
Total Equity and Debt	1 321 000	995 000	546 000	24 000

Cash flow (NOK)	2022	2021	2020
Sales Income	318 000	0	0
Other Income	0	0	0
Revenue	318 000	0	0
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	17 000	0	0
Operating Profit	301 000	0	0
Financial Income	0	119 000	244 000
Financial Costs	62 000	0	11 000
Financial Balance	−62 000	119 000	233 000
Dividends	0	0	0
Net Income	185 000	119 000	233 000

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	0	995 000	0	0
Total Fixed Assets	0	995 000	0	0
Stock	0	0	0	0
Total Investments	1 139 000	0	165 000	10 000
Cash, Bank	3 000	0	381 000	14 000
Total Current Assets	1 321 000	0	546 000	24 000
Total Assets	1 321 000	995 000	546 000	24 000
Total Equity	561 000	365 000	246 000	24 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	367 000	300 000	300 000	0
Creditors	1 000	0	0	0
Unpaid Taxes	31 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	309 000	330 000	0	0
Total Current Debt	393 000	330 000	0	0
Total Equity and Debt	1 321 000	995 000	546 000	24 000

Financial indicators	2022	2021	2020	2019
Return on Equity	32,98 %	32,6 %	94,72 %	0 %
Debt-to-Equity Ratio	0,65	0,82	1,22	0
Operating Profit Margin	94,65 %	-	-	-
Current Ratio	3,36	0	-	-
Quick Ratio	3,36	0	-	-
Equity Ratio	0,42	0,37	0,45	1
Gross Profit Margin	100 %	-	-	-