XAFE AS

4033 STAVANGER

Finances

Return on Equity

597,98 %

Current Ratio

1,09

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	18 980 000	12 470 000	8 189 000	7 727 000
Net Income	5 316 000	3 035 000	1 210 000	1 995 000
Total Assets	10 936 000	7 764 000	5 125 000	6 130 000
Total Equity	889 000	1 795 000	1 794 000	1 757 000

Income (NOK)	2022	2021	2020	2019
Revenue	18 980 000	12 470 000	8 189 000	7 727 000
Expenditure	12 169 000	8 576 000	6 636 000	5 176 000
Operating Profit	6 811 000	3 894 000	1 553 000	2 551 000
Financial Income	5 000	4 000	11 000	19 000
Financial Costs	1 000	7 000	12 000	11 000
Financial Balance	4 000	−3 000	−1 000	8 000
Earnings Before Tax	6 815 000	3 891 000	1 552 000	2 559 000
Tax	1 500 000	856 000	342 000	564 000
Net Income	5 316 000	3 035 000	1 210 000	1 995 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	28 000	38 000	12 000	27 000
Total Current Assets	10 908 000	7 727 000	5 113 000	6 102 000
Total Assets	10 936 000	7 764 000	5 125 000	6 130 000
Total Retained Equity	245 000	1 139 000	1 138 000	1 113 000
Total Equity	889 000	1 795 000	1 794 000	1 757 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	10 048 000	5 969 000	3 330 000	4 373 000
Total Equity and Debt	10 936 000	7 764 000	5 125 000	6 130 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	18 980 000	12 220 000	8 151 000	7 727 000
Other Income	0	250 000	38 000	0
Revenue	18 980 000	12 470 000	8 189 000	7 727 000
Cost of Goods Sold	1 175 000	0	0	0
Salary Costs	10 073 000	7 831 000	5 953 000	4 324 000
Depreciation	8 000	8 000	15 000	2 000
Impairment	0	0	0	0
Expenditure	12 169 000	8 576 000	6 636 000	5 176 000
Operating Profit	6 811 000	3 894 000	1 553 000	2 551 000
Financial Income	5 000	4 000	11 000	19 000
Financial Costs	1 000	7 000	12 000	11 000
Financial Balance	4 000	−3 000	−1 000	8 000
Dividends	6 000 000	3 035 000	1 265 000	2 034 000
Net Income	5 316 000	3 035 000	1 210 000	1 995 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	7 000	9 000	12 000	12 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	11 000	19 000	0	15 000
Total Tangible Assets	11 000	19 000	0	15 000
Total Fiancial Fixed Assets	10 000	10 000	0	0
Total Fixed Assets	28 000	38 000	12 000	27 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	7 915 000	5 426 000	4 265 000	4 455 000
Total Current Assets	10 908 000	7 727 000	5 113 000	6 102 000
Total Assets	10 936 000	7 764 000	5 125 000	6 130 000
Total Equity	889 000	1 795 000	1 794 000	1 757 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	260 000	119 000	75 000	88 000
Unpaid Taxes	1 325 000	988 000	778 000	740 000
Dividends	6 000 000	3 035 000	1 265 000	2 034 000
Other Current Debt	965 000	975 000	870 000	952 000
Total Current Debt	10 048 000	5 969 000	3 330 000	4 373 000
Total Equity and Debt	10 936 000	7 764 000	5 125 000	6 130 000

Financial indicators	2022	2021	2020	2019
Return on Equity	597,98 %	169,08 %	67,45 %	113,55 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	35,89 %	31,23 %	18,96 %	33,01 %
Current Ratio	1,09	1,29	1,54	1,4
Quick Ratio	1,09	1,29	1,54	1,4
Equity Ratio	0,08	0,23	0,35	0,29
Gross Profit Margin	93,81 %	100 %	100 %	100 %