AFE INVEST AS

1739 BORGENHAUGEN

Finances

Return on Equity

1,09 %

Current Ratio

21,77

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	191 000	430 000	497 000	553 000
Net Income	27 000	17 000	25 000	32 000
Total Assets	2 588 000	2 601 000	2 681 000	2 634 000
Total Equity	2 470 000	2 444 000	2 427 000	2 402 000

Income (NOK)	2022	2021	2020	2019
Revenue	191 000	430 000	497 000	553 000
Expenditure	176 000	415 000	475 000	527 000
Operating Profit	14 000	16 000	21 000	26 000
Financial Income	20 000	5 000	11 000	15 000
Financial Costs	0	0	0	0
Financial Balance	20 000	5 000	11 000	15 000
Earnings Before Tax	35 000	21 000	32 000	41 000
Tax	8 000	5 000	7 000	9 000
Net Income	27 000	17 000	25 000	32 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	85 000	0	0	0
Total Current Assets	2 503 000	2 601 000	2 681 000	2 634 000
Total Assets	2 588 000	2 601 000	2 681 000	2 634 000
Total Retained Equity	2 270 000	2 244 000	2 227 000	2 202 000
Total Equity	2 470 000	2 444 000	2 427 000	2 402 000
Total Long-Term Debt	2 000	0	0	0
Total Current Debt	115 000	157 000	255 000	233 000
Total Equity and Debt	2 588 000	2 601 000	2 681 000	2 634 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	191 000	430 000	497 000	553 000
Other Income	0	0	0	0
Revenue	191 000	430 000	497 000	553 000
Cost of Goods Sold	4 000	6 000	0	0
Salary Costs	121 000	302 000	350 000	367 000
Depreciation	1 000	0	0	0
Impairment	0	0	0	0
Expenditure	176 000	415 000	475 000	527 000
Operating Profit	14 000	16 000	21 000	26 000
Financial Income	20 000	5 000	11 000	15 000
Financial Costs	0	0	0	0
Financial Balance	20 000	5 000	11 000	15 000
Dividends	0	0	0	0
Net Income	27 000	17 000	25 000	32 000

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	55 000	0	0	0
Total Tangible Assets	55 000	0	0	0
Total Fiancial Fixed Assets	30 000	0	0	0
Total Fixed Assets	85 000	0	0	0
Stock	9 000	10 000	3 000	3 000
Total Investments	0	0	0	0
Cash, Bank	2 494 000	2 565 000	2 619 000	2 586 000
Total Current Assets	2 503 000	2 601 000	2 681 000	2 634 000
Total Assets	2 588 000	2 601 000	2 681 000	2 634 000
Total Equity	2 470 000	2 444 000	2 427 000	2 402 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 000	0	0	0
Creditors	77 000	2 000	55 000	26 000
Unpaid Taxes	33 000	99 000	128 000	121 000
Dividends	0	0	0	0
Other Current Debt	0	51 000	64 000	77 000
Total Current Debt	115 000	157 000	255 000	233 000
Total Equity and Debt	2 588 000	2 601 000	2 681 000	2 634 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,09 %	0,7 %	1,03 %	1,33 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	7,33 %	3,72 %	4,23 %	4,7 %
Current Ratio	21,77	16,57	10,51	11,3
Quick Ratio	23,61	17,69	10,64	11,45
Equity Ratio	0,95	0,94	0,91	0,91
Gross Profit Margin	97,91 %	98,6 %	100 %	100 %