ALBATROSS AXEN AS

5582 ØLENSVÅG

Finances

Share Ownership

Return on Equity

63,62 %

Current Ratio

0,22

Debt-to-Equity Ratio

−7,45

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−299 000	−318 000	−227 000	−198 000
Total Assets	3 323 000	3 385 000	3 705 000	3 186 000
Total Equity	−470 000	−171 000	147 000	−396 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	105 000	168 000	68 000	31 000
Operating Profit	−105 000	−168 000	−68 000	−31 000
Financial Income	0	0	0	0
Financial Costs	194 000	150 000	159 000	167 000
Financial Balance	−194 000	−150 000	−159 000	−167 000
Earnings Before Tax	−299 000	−318 000	−227 000	−198 000
Tax	0	0	0	0
Net Income	−299 000	−318 000	−227 000	−198 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 260 000	3 260 000	3 260 000	3 005 000
Total Current Assets	63 000	125 000	445 000	182 000
Total Assets	3 323 000	3 385 000	3 705 000	3 186 000
Total Retained Equity	−1 259 000	−959 000	−641 000	−415 000
Total Equity	−470 000	−171 000	147 000	−396 000
Total Long-Term Debt	3 500 000	3 500 000	3 500 000	3 500 000
Total Current Debt	293 000	56 000	58 000	83 000
Total Equity and Debt	3 323 000	3 385 000	3 705 000	3 186 000

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	0	0	0	0
Impairment	0	0	0	0
Expenditure	105 000	168 000	68 000	31 000
Operating Profit	−105 000	−168 000	−68 000	−31 000
Financial Income	0	0	0	0
Financial Costs	194 000	150 000	159 000	167 000
Financial Balance	−194 000	−150 000	−159 000	−167 000
Dividends	0	0	0	0
Net Income	−299 000	−318 000	−227 000	−198 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 260 000	3 260 000	3 260 000	3 005 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 260 000	3 260 000	3 260 000	3 005 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 260 000	3 260 000	3 260 000	3 005 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	63 000	125 000	445 000	181 000
Total Current Assets	63 000	125 000	445 000	182 000
Total Assets	3 323 000	3 385 000	3 705 000	3 186 000
Total Equity	−470 000	−171 000	147 000	−396 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 500 000	3 500 000	3 500 000	3 500 000
Creditors	66 000	0	40 000	57 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	226 000	56 000	18 000	26 000
Total Current Debt	293 000	56 000	58 000	83 000
Total Equity and Debt	3 323 000	3 385 000	3 705 000	3 186 000

Financial indicators	2022	2021	2020	2019
Return on Equity	63,62 %	185,96 %	−154,42 %	50 %
Debt-to-Equity Ratio	−7,45	−20,47	23,81	−8,84
Operating Profit Margin	-	-	-	-
Current Ratio	0,22	2,23	7,67	2,19
Quick Ratio	0,22	2,23	7,67	2,19
Equity Ratio	−0,14	−0,05	0,04	−0,12
Gross Profit Margin	-	-	-	-