AXEL HOLDING AS

1711 SARPSBORG

Finances

Return on Equity

40,63 %

Current Ratio

1,83

Debt-to-Equity Ratio

0,43

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	3 143 000	224 000	1 972 000	386 000
Total Assets	13 673 000	9 068 000	8 600 000	8 439 000
Total Equity	7 735 000	8 591 000	8 367 000	6 365 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	30 000	17 000	18 000	8 000
Operating Profit	−30 000	−17 000	−18 000	−8 000
Financial Income	4 700 000	501 000	2 000 000	500 000
Financial Costs	1 201 000	1 000	0	0
Financial Balance	3 499 000	500 000	2 000 000	500 000
Earnings Before Tax	3 469 000	483 000	1 982 000	492 000
Tax	326 000	259 000	10 000	106 000
Net Income	3 143 000	224 000	1 972 000	386 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 902 000	8 298 000	6 377 000	7 519 000
Total Current Assets	4 771 000	770 000	2 223 000	920 000
Total Assets	13 673 000	9 068 000	8 600 000	8 439 000
Total Retained Equity	7 345 000	8 202 000	7 978 000	5 975 000
Total Equity	7 735 000	8 591 000	8 367 000	6 365 000
Total Long-Term Debt	3 335 000	0	0	1 000 000
Total Current Debt	2 604 000	477 000	233 000	1 075 000
Total Equity and Debt	13 673 000	9 068 000	8 600 000	8 439 000

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	30 000	17 000	18 000	8 000
Operating Profit	−30 000	−17 000	−18 000	−8 000
Financial Income	4 700 000	501 000	2 000 000	500 000
Financial Costs	1 201 000	1 000	0	0
Financial Balance	3 499 000	500 000	2 000 000	500 000
Dividends	4 000 000	0	0	600 000
Net Income	3 143 000	224 000	1 972 000	386 000

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	8 902 000	8 298 000	6 377 000	7 519 000
Total Fixed Assets	8 902 000	8 298 000	6 377 000	7 519 000
Stock	0	0	0	0
Total Investments	20 000	21 000	200 000	0
Cash, Bank	25 000	231 000	4 000	52 000
Total Current Assets	4 771 000	770 000	2 223 000	920 000
Total Assets	13 673 000	9 068 000	8 600 000	8 439 000
Total Equity	7 735 000	8 591 000	8 367 000	6 365 000
Short-Term Group Debt	1 585 000	475 000	150 000	369 000
Total Long-Term Debt	3 335 000	0	0	1 000 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	4 000 000	0	0	600 000
Other Current Debt	0	0	0	0
Total Current Debt	2 604 000	477 000	233 000	1 075 000
Total Equity and Debt	13 673 000	9 068 000	8 600 000	8 439 000

Financial indicators	2022	2021	2020	2019
Return on Equity	40,63 %	2,61 %	23,57 %	6,06 %
Debt-to-Equity Ratio	0,43	0	0	0,16
Operating Profit Margin	-	-	-	-
Current Ratio	1,83	1,61	9,54	0,86
Quick Ratio	1,83	1,61	9,54	0,86
Equity Ratio	0,57	0,95	0,97	0,75
Gross Profit Margin	-	-	-	-