AKOFS NORWAY OPERATIONS AS

0277 OSLO

Finances

Share Ownership

Return on Equity

25,42 %

Current Ratio

0,49

Debt-to-Equity Ratio

−0,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	735 695 000	667 784 000	113 665 000	0
Net Income	−44 439 000	−69 690 000	−41 319 000	−103 000
Total Assets	465 922 000	572 875 000	519 350 000	85 461 000
Total Equity	−174 838 000	−111 109 000	−41 419 000	−99 000

Income (NOK)	2022	2021	2020	2019
Revenue	735 695 000	667 784 000	113 665 000	0
Expenditure	770 269 000	729 513 000	150 773 000	79 000
Operating Profit	−34 574 000	−61 728 000	−37 108 000	−79 000
Financial Income	22 881 000	5 170 000	58 000	1 000
Financial Costs	32 746 000	13 132 000	4 270 000	25 000
Financial Balance	−9 865 000	−7 962 000	−4 212 000	−24 000
Earnings Before Tax	−44 439 000	−69 690 000	−41 319 000	−103 000
Tax	0	0	0	0
Net Income	−44 439 000	−69 690 000	−41 319 000	−103 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	162 446 000	253 216 000	278 191 000	0
Total Current Assets	303 476 000	319 659 000	241 159 000	85 461 000
Total Assets	465 922 000	572 875 000	519 350 000	85 461 000
Total Retained Equity	−174 868 000	−111 139 000	−41 449 000	−129 000
Total Equity	−174 838 000	−111 109 000	−41 419 000	−99 000
Total Long-Term Debt	17 738 000	68 180 000	103 563 000	0
Total Current Debt	623 022 000	615 804 000	457 207 000	85 560 000
Total Equity and Debt	465 922 000	572 875 000	519 350 000	85 461 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	735 695 000	667 784 000	113 665 000	0
Other Income	0	0	0	0
Revenue	735 695 000	667 784 000	113 665 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	251 171 000	222 534 000	45 420 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	770 269 000	729 513 000	150 773 000	79 000
Operating Profit	−34 574 000	−61 728 000	−37 108 000	−79 000
Financial Income	22 881 000	5 170 000	58 000	1 000
Financial Costs	32 746 000	13 132 000	4 270 000	25 000
Financial Balance	−9 865 000	−7 962 000	−4 212 000	−24 000
Dividends	0	0	0	0
Net Income	−44 439 000	−69 690 000	−41 319 000	−103 000

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	162 446 000	253 216 000	278 191 000	0
Total Tangible Assets	162 446 000	253 216 000	278 191 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	162 446 000	253 216 000	278 191 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	70 677 000	136 459 000	80 285 000	3 695 000
Total Current Assets	303 476 000	319 659 000	241 159 000	85 461 000
Total Assets	465 922 000	572 875 000	519 350 000	85 461 000
Total Equity	−174 838 000	−111 109 000	−41 419 000	−99 000
Short-Term Group Debt	447 760 000	407 685 000	387 651 000	81 093 000
Total Long-Term Debt	17 738 000	68 180 000	103 563 000	0
Creditors	26 905 000	27 537 000	10 716 000	1 226 000
Unpaid Taxes	12 806 000	14 505 000	12 321 000	2 969 000
Dividends	0	0	0	0
Other Current Debt	135 552 000	166 077 000	46 519 000	273 000
Total Current Debt	623 022 000	615 804 000	457 207 000	85 560 000
Total Equity and Debt	465 922 000	572 875 000	519 350 000	85 461 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,42 %	62,72 %	99,76 %	104,04 %
Debt-to-Equity Ratio	−0,1	−0,61	−2,5	−0
Operating Profit Margin	−4,7 %	−9,24 %	−32,65 %	-
Current Ratio	0,49	0,52	0,53	1
Quick Ratio	0,49	0,52	0,53	1
Equity Ratio	−0,38	−0,19	−0,08	−0
Gross Profit Margin	100 %	100 %	100 %	-