ACADEMIC BUSINESS FOCUS AS

4009 STAVANGER

Finances

Return on Equity

36,11 %

Current Ratio

3,41

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	3 574 000	1 938 000	−3 320 000	1 462 000
Total Assets	14 003 000	10 508 000	10 813 000	12 311 000
Total Equity	9 897 000	6 386 000	4 504 000	7 874 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	11 000	10 000	26 000	9 000
Operating Profit	−11 000	−10 000	−26 000	−9 000
Financial Income	3 616 000	1 964 000	−3 279 000	1 472 000
Financial Costs	31 000	15 000	15 000	0
Financial Balance	3 585 000	1 949 000	−3 294 000	1 472 000
Earnings Before Tax	3 574 000	1 938 000	−3 320 000	1 462 000
Tax	0	0	0	0
Net Income	3 574 000	1 938 000	−3 320 000	1 462 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	25 000	0
Total Current Assets	14 003 000	10 508 000	10 788 000	12 311 000
Total Assets	14 003 000	10 508 000	10 813 000	12 311 000
Total Retained Equity	9 797 000	6 286 000	4 404 000	7 774 000
Total Equity	9 897 000	6 386 000	4 504 000	7 874 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 106 000	4 122 000	6 309 000	4 437 000
Total Equity and Debt	14 003 000	10 508 000	10 813 000	12 311 000

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	11 000	10 000	26 000	9 000
Operating Profit	−11 000	−10 000	−26 000	−9 000
Financial Income	3 616 000	1 964 000	−3 279 000	1 472 000
Financial Costs	31 000	15 000	15 000	0
Financial Balance	3 585 000	1 949 000	−3 294 000	1 472 000
Dividends	64 000	56 000	50 000	48 000
Net Income	3 574 000	1 938 000	−3 320 000	1 462 000

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	0	0	25 000	0
Total Fixed Assets	0	0	25 000	0
Stock	0	0	0	0
Total Investments	13 829 000	10 415 000	10 501 000	12 310 000
Cash, Bank	0	93 000	288 000	1 000
Total Current Assets	14 003 000	10 508 000	10 788 000	12 311 000
Total Assets	14 003 000	10 508 000	10 813 000	12 311 000
Total Equity	9 897 000	6 386 000	4 504 000	7 874 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	64 000	56 000	50 000	48 000
Other Current Debt	4 106 000	4 066 000	6 259 000	4 389 000
Total Current Debt	4 106 000	4 122 000	6 309 000	4 437 000
Total Equity and Debt	14 003 000	10 508 000	10 813 000	12 311 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,11 %	30,35 %	−73,71 %	18,57 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	3,41	2,55	1,71	2,77
Quick Ratio	3,41	2,55	1,71	2,77
Equity Ratio	0,71	0,61	0,42	0,64
Gross Profit Margin	-	-	-	-