ATHENE GROUP AS

0484 OSLO

Finances

Return on Equity

−2,03 %

Current Ratio

4,39

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 280 000	5 322 000	0	0
Net Income	−1 300 000	8 031 000	17 269 000	3 977 000
Total Assets	69 921 000	69 039 000	75 196 000	55 618 000
Total Equity	64 051 000	65 351 000	57 320 000	51 251 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 280 000	5 322 000	0	0
Expenditure	5 466 000	4 707 000	9 000	9 000
Operating Profit	−186 000	615 000	−9 000	−9 000
Financial Income	226 000	7 695 000	17 415 000	3 984 000
Financial Costs	1 354 000	171 000	175 000	0
Financial Balance	−1 128 000	7 524 000	17 240 000	3 984 000
Earnings Before Tax	−1 314 000	8 139 000	17 231 000	3 975 000
Tax	−14 000	108 000	−38 000	−2 000
Net Income	−1 300 000	8 031 000	17 269 000	3 977 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	60 296 000	60 718 000	60 398 000	50 061 000
Total Current Assets	9 626 000	8 321 000	14 798 000	5 558 000
Total Assets	69 921 000	69 039 000	75 196 000	55 618 000
Total Retained Equity	14 027 000	15 327 000	7 295 000	1 227 000
Total Equity	64 051 000	65 351 000	57 320 000	51 251 000
Total Long-Term Debt	3 679 000	2 813 000	6 563 000	0
Total Current Debt	2 191 000	876 000	11 314 000	4 367 000
Total Equity and Debt	69 921 000	69 039 000	75 196 000	55 618 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 280 000	5 322 000	0	0
Other Income	0	0	0	0
Revenue	5 280 000	5 322 000	0	0
Cost of Goods Sold	45 000	0	0	0
Salary Costs	2 820 000	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	5 466 000	4 707 000	9 000	9 000
Operating Profit	−186 000	615 000	−9 000	−9 000
Financial Income	226 000	7 695 000	17 415 000	3 984 000
Financial Costs	1 354 000	171 000	175 000	0
Financial Balance	−1 128 000	7 524 000	17 240 000	3 984 000
Dividends	0	0	10 000 000	2 750 000
Net Income	−1 300 000	8 031 000	17 269 000	3 977 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	40 000	2 000
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	60 296 000	60 718 000	60 359 000	50 059 000
Total Fixed Assets	60 296 000	60 718 000	60 398 000	50 061 000
Stock	0	0	0	0
Total Investments	0	259 000	259 000	0
Cash, Bank	176 000	362 000	205 000	45 000
Total Current Assets	9 626 000	8 321 000	14 798 000	5 558 000
Total Assets	69 921 000	69 039 000	75 196 000	55 618 000
Total Equity	64 051 000	65 351 000	57 320 000	51 251 000
Short-Term Group Debt	750 000	750 000	0	1 608 000
Total Long-Term Debt	3 679 000	2 813 000	6 563 000	0
Creditors	627 000	30 000	0	9 000
Unpaid Taxes	351 000	0	0	0
Dividends	0	0	10 000 000	2 750 000
Other Current Debt	414 000	27 000	1 314 000	0
Total Current Debt	2 191 000	876 000	11 314 000	4 367 000
Total Equity and Debt	69 921 000	69 039 000	75 196 000	55 618 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,03 %	12,29 %	30,13 %	7,76 %
Debt-to-Equity Ratio	0,06	0,04	0,11	0
Operating Profit Margin	−3,52 %	11,56 %	-	-
Current Ratio	4,39	9,5	1,31	1,27
Quick Ratio	4,39	9,5	1,31	1,27
Equity Ratio	0,92	0,95	0,76	0,92
Gross Profit Margin	99,15 %	100 %	-	-