ADVANCED FIBER OPTICS AS

2000 LILLESTRØM

Finances

Return on Equity

50,43 %

Current Ratio

6,88

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	890 000	839 000	831 000	769 000
Net Income	650 000	729 000	628 000	157 000
Total Assets	1 513 000	1 716 000	2 884 000	2 539 000
Total Equity	1 289 000	1 539 000	2 310 000	1 271 000

Income (NOK)	2022	2021	2020	2019
Revenue	890 000	839 000	831 000	769 000
Expenditure	28 000	56 000	26 000	465 000
Operating Profit	863 000	783 000	805 000	304 000
Financial Income	117 000	154 000	21 000	25 000
Financial Costs	124 000	25 000	24 000	128 000
Financial Balance	−7 000	129 000	−3 000	−103 000
Earnings Before Tax	856 000	913 000	802 000	201 000
Tax	206 000	184 000	174 000	44 000
Net Income	650 000	729 000	628 000	157 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	15 000	7 000	4 000
Total Current Assets	1 513 000	1 701 000	2 878 000	2 535 000
Total Assets	1 513 000	1 716 000	2 884 000	2 539 000
Total Retained Equity	1 189 000	1 439 000	2 210 000	1 171 000
Total Equity	1 289 000	1 539 000	2 310 000	1 271 000
Total Long-Term Debt	4 000	3 000	282 000	1 220 000
Total Current Debt	220 000	174 000	292 000	48 000
Total Equity and Debt	1 513 000	1 716 000	2 884 000	2 539 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	890 000	839 000	831 000	769 000
Revenue	890 000	839 000	831 000	769 000
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	28 000	56 000	26 000	465 000
Operating Profit	863 000	783 000	805 000	304 000
Financial Income	117 000	154 000	21 000	25 000
Financial Costs	124 000	25 000	24 000	128 000
Financial Balance	−7 000	129 000	−3 000	−103 000
Dividends	900 000	1 500 000	0	0
Net Income	650 000	729 000	628 000	157 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	7 000	4 000
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	0	15 000	0	0
Total Fixed Assets	0	15 000	7 000	4 000
Stock	0	0	0	0
Total Investments	492 000	610 000	411 000	418 000
Cash, Bank	902 000	977 000	2 467 000	2 052 000
Total Current Assets	1 513 000	1 701 000	2 878 000	2 535 000
Total Assets	1 513 000	1 716 000	2 884 000	2 539 000
Total Equity	1 289 000	1 539 000	2 310 000	1 271 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 000	3 000	282 000	1 220 000
Creditors	0	0	0	4 000
Unpaid Taxes	0	0	0	0
Dividends	900 000	1 500 000	0	0
Other Current Debt	15 000	0	0	0
Total Current Debt	220 000	174 000	292 000	48 000
Total Equity and Debt	1 513 000	1 716 000	2 884 000	2 539 000

Financial indicators	2022	2021	2020	2019
Return on Equity	50,43 %	47,37 %	27,19 %	12,35 %
Debt-to-Equity Ratio	0	0	0,12	0,96
Operating Profit Margin	96,97 %	93,33 %	96,87 %	39,53 %
Current Ratio	6,88	9,78	9,86	52,81
Quick Ratio	6,88	9,78	9,86	52,81
Equity Ratio	0,85	0,9	0,8	0,5
Gross Profit Margin	100 %	100 %	100 %	100 %