AXARD 1 AS

6410 MOLDE

Finances

Return on Equity

12,06 %

Current Ratio

101,68

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 000	52 000	21 000	16 000
Net Income	3 517 000	2 896 000	30 000	−12 000
Total Assets	29 178 000	27 671 000	24 752 000	24 724 000
Total Equity	29 157 000	26 640 000	24 744 000	24 714 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 000	52 000	21 000	16 000
Expenditure	16 000	15 000	15 000	65 000
Operating Profit	−7 000	36 000	6 000	−48 000
Financial Income	2 045 000	2 891 000	33 000	47 000
Financial Costs	−1 500 000	0	0	0
Financial Balance	3 545 000	2 891 000	33 000	47 000
Earnings Before Tax	3 538 000	2 927 000	39 000	−2 000
Tax	22 000	31 000	8 000	10 000
Net Income	3 517 000	2 896 000	30 000	−12 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	26 941 000	24 751 000	24 668 000	23 827 000
Total Current Assets	2 237 000	2 921 000	84 000	897 000
Total Assets	29 178 000	27 671 000	24 752 000	24 724 000
Total Retained Equity	29 036 000	26 519 000	24 623 000	24 593 000
Total Equity	29 157 000	26 640 000	24 744 000	24 714 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	22 000	1 031 000	8 000	10 000
Total Equity and Debt	29 178 000	27 671 000	24 752 000	24 724 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	9 000	52 000	21 000	16 000
Revenue	9 000	52 000	21 000	16 000
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	16 000	15 000	15 000	65 000
Operating Profit	−7 000	36 000	6 000	−48 000
Financial Income	2 045 000	2 891 000	33 000	47 000
Financial Costs	−1 500 000	0	0	0
Financial Balance	3 545 000	2 891 000	33 000	47 000
Dividends	0	0	0	0
Net Income	3 517 000	2 896 000	30 000	−12 000

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	586 000	586 000	586 000	586 000
Total Tangible Assets	586 000	586 000	586 000	586 000
Total Fiancial Fixed Assets	26 355 000	24 164 000	24 082 000	23 241 000
Total Fixed Assets	26 941 000	24 751 000	24 668 000	23 827 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 224 000	2 904 000	52 000	856 000
Total Current Assets	2 237 000	2 921 000	84 000	897 000
Total Assets	29 178 000	27 671 000	24 752 000	24 724 000
Total Equity	29 157 000	26 640 000	24 744 000	24 714 000
Short-Term Group Debt	0	0	0	0
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	0	1 000 000	0	0
Total Current Debt	22 000	1 031 000	8 000	10 000
Total Equity and Debt	29 178 000	27 671 000	24 752 000	24 724 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,06 %	10,87 %	0,12 %	−0,05 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−77,78 %	69,23 %	28,57 %	−300 %
Current Ratio	101,68	2,83	10,5	89,7
Quick Ratio	101,68	2,83	10,5	89,7
Equity Ratio	1	0,96	1	1
Gross Profit Margin	100 %	100 %	100 %	100 %