AXELL 1 AS

6413 MOLDE

Finances

Return on Equity

10,41 %

Current Ratio

331,07

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 000	9 000	9 000	9 000
Net Income	3 578 000	3 128 000	36 000	9 000
Total Assets	34 393 000	32 233 000	29 091 000	29 284 000
Total Equity	34 366 000	30 788 000	28 660 000	28 624 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 000	9 000	9 000	9 000
Expenditure	12 000	11 000	12 000	20 000
Operating Profit	−3 000	−3 000	−3 000	−11 000
Financial Income	2 108 000	3 156 000	61 000	114 000
Financial Costs	−1 500 000	0	11 000	73 000
Financial Balance	3 608 000	3 156 000	50 000	41 000
Earnings Before Tax	3 605 000	3 153 000	47 000	30 000
Tax	27 000	25 000	11 000	21 000
Net Income	3 578 000	3 128 000	36 000	9 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	25 454 000	23 954 000	23 954 000	20 720 000
Total Current Assets	8 939 000	8 279 000	5 137 000	8 564 000
Total Assets	34 393 000	32 233 000	29 091 000	29 284 000
Total Retained Equity	34 245 000	30 667 000	28 539 000	28 503 000
Total Equity	34 366 000	30 788 000	28 660 000	28 624 000
Total Long-Term Debt	0	419 000	419 000	639 000
Total Current Debt	27 000	1 025 000	11 000	21 000
Total Equity and Debt	34 393 000	32 233 000	29 091 000	29 284 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	9 000	9 000	9 000	9 000
Revenue	9 000	9 000	9 000	9 000
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	12 000	11 000	12 000	20 000
Operating Profit	−3 000	−3 000	−3 000	−11 000
Financial Income	2 108 000	3 156 000	61 000	114 000
Financial Costs	−1 500 000	0	11 000	73 000
Financial Balance	3 608 000	3 156 000	50 000	41 000
Dividends	0	1 000 000	0	0
Net Income	3 578 000	3 128 000	36 000	9 000

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	25 454 000	23 954 000	23 954 000	20 720 000
Total Fixed Assets	25 454 000	23 954 000	23 954 000	20 720 000
Stock	0	0	0	0
Total Investments	439 000	417 000	292 000	302 000
Cash, Bank	8 500 000	7 862 000	4 844 000	8 261 000
Total Current Assets	8 939 000	8 279 000	5 137 000	8 564 000
Total Assets	34 393 000	32 233 000	29 091 000	29 284 000
Total Equity	34 366 000	30 788 000	28 660 000	28 624 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	419 000	419 000	639 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	1 000 000	0	0
Other Current Debt	0	1 000 000	0	0
Total Current Debt	27 000	1 025 000	11 000	21 000
Total Equity and Debt	34 393 000	32 233 000	29 091 000	29 284 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,41 %	10,16 %	0,13 %	0,03 %
Debt-to-Equity Ratio	0	0,01	0,01	0,02
Operating Profit Margin	−33,33 %	−33,33 %	−33,33 %	−122,22 %
Current Ratio	331,07	8,08	467	407,81
Quick Ratio	331,07	8,08	467	407,81
Equity Ratio	1	0,96	0,99	0,98
Gross Profit Margin	100 %	100 %	100 %	100 %