ACHILLES FINANS AS

4306 SANDNES

Finances

Return on Equity

−1,91 %

Current Ratio

574,85

Debt-to-Equity Ratio

1,92

Key figures (NOK)	2022	2021	2020	2019
Revenue	117 000	197 000	150 000	128 000
Net Income	−90 000	1 395 000	−652 000	1 709 000
Total Assets	13 750 000	8 758 000	7 395 000	8 791 000
Total Equity	4 707 000	4 797 000	3 402 000	4 054 000

Income (NOK)	2022	2021	2020	2019
Revenue	117 000	197 000	150 000	128 000
Expenditure	110 000	116 000	103 000	123 000
Operating Profit	7 000	81 000	47 000	5 000
Financial Income	423 000	1 313 000	786 000	3 719 000
Financial Costs	491 000	45 000	1 672 000	1 899 000
Financial Balance	−68 000	1 268 000	−886 000	1 820 000
Earnings Before Tax	−61 000	1 349 000	−838 000	1 825 000
Tax	29 000	−46 000	−186 000	116 000
Net Income	−90 000	1 395 000	−652 000	1 709 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 253 000	2 447 000	2 567 000	2 793 000
Total Current Assets	11 497 000	6 311 000	4 828 000	5 997 000
Total Assets	13 750 000	8 758 000	7 395 000	8 791 000
Total Retained Equity	4 507 000	4 597 000	3 202 000	3 854 000
Total Equity	4 707 000	4 797 000	3 402 000	4 054 000
Total Long-Term Debt	9 023 000	3 924 000	3 965 000	2 717 000
Total Current Debt	20 000	38 000	28 000	2 020 000
Total Equity and Debt	13 750 000	8 758 000	7 395 000	8 791 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	117 000	197 000	150 000	128 000
Other Income	0	0	0	0
Revenue	117 000	197 000	150 000	128 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 000	1 000	1 000	1 000
Depreciation	25 000	25 000	25 000	25 000
Impairment	0	0	0	0
Expenditure	110 000	116 000	103 000	123 000
Operating Profit	7 000	81 000	47 000	5 000
Financial Income	423 000	1 313 000	786 000	3 719 000
Financial Costs	491 000	45 000	1 672 000	1 899 000
Financial Balance	−68 000	1 268 000	−886 000	1 820 000
Dividends	0	0	0	2 000 000
Net Income	−90 000	1 395 000	−652 000	1 709 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	198 000	227 000	181 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	715 000	740 000	765 000	790 000
Fixtures	0	0	0	0
Total Tangible Assets	715 000	740 000	765 000	790 000
Total Fiancial Fixed Assets	1 340 000	1 480 000	1 620 000	2 003 000
Total Fixed Assets	2 253 000	2 447 000	2 567 000	2 793 000
Stock	0	0	0	0
Total Investments	7 692 000	6 298 000	4 782 000	5 980 000
Cash, Bank	3 804 000	13 000	46 000	17 000
Total Current Assets	11 497 000	6 311 000	4 828 000	5 997 000
Total Assets	13 750 000	8 758 000	7 395 000	8 791 000
Total Equity	4 707 000	4 797 000	3 402 000	4 054 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	9 023 000	3 924 000	3 965 000	2 717 000
Creditors	0	0	0	3 000
Unpaid Taxes	20 000	38 000	28 000	17 000
Dividends	0	0	0	2 000 000
Other Current Debt	0	0	0	0
Total Current Debt	20 000	38 000	28 000	2 020 000
Total Equity and Debt	13 750 000	8 758 000	7 395 000	8 791 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,91 %	29,08 %	−19,17 %	42,16 %
Debt-to-Equity Ratio	1,92	0,82	1,17	0,67
Operating Profit Margin	5,98 %	41,12 %	31,33 %	3,91 %
Current Ratio	574,85	166,08	172,43	2,97
Quick Ratio	574,85	166,08	172,43	2,97
Equity Ratio	0,34	0,55	0,46	0,46
Gross Profit Margin	100 %	100 %	100 %	100 %