AXELERATION AS

4006 STAVANGER

Finances

Return on Equity

18,3 %

Current Ratio

6,24

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	18 747 000	11 080 000	16 788 000	11 332 000
Total Assets	115 827 000	111 848 000	108 036 000	98 994 000
Total Equity	102 462 000	93 715 000	107 633 000	97 845 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	1 093 000	948 000	905 000	150 000
Operating Profit	−1 092 000	−948 000	−905 000	−150 000
Financial Income	26 175 000	27 100 000	17 670 000	17 147 000
Financial Costs	6 335 000	15 142 000	1 000	5 436 000
Financial Balance	19 840 000	11 958 000	17 669 000	11 711 000
Earnings Before Tax	18 747 000	11 011 000	16 765 000	11 561 000
Tax	0	−70 000	−23 000	229 000
Net Income	18 747 000	11 080 000	16 788 000	11 332 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	32 458 000	25 197 000	15 838 000	15 657 000
Total Current Assets	83 370 000	86 651 000	92 198 000	83 337 000
Total Assets	115 827 000	111 848 000	108 036 000	98 994 000
Total Retained Equity	101 462 000	92 714 000	106 632 000	96 844 000
Total Equity	102 462 000	93 715 000	107 633 000	97 845 000
Total Long-Term Debt	0	0	70 000	63 000
Total Current Debt	13 365 000	18 133 000	333 000	1 086 000
Total Equity and Debt	115 827 000	111 848 000	108 036 000	98 994 000

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	772 000	737 000	734 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 093 000	948 000	905 000	150 000
Operating Profit	−1 092 000	−948 000	−905 000	−150 000
Financial Income	26 175 000	27 100 000	17 670 000	17 147 000
Financial Costs	6 335 000	15 142 000	1 000	5 436 000
Financial Balance	19 840 000	11 958 000	17 669 000	11 711 000
Dividends	10 000 000	0	0	0
Net Income	18 747 000	11 080 000	16 788 000	11 332 000

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	32 458 000	25 197 000	15 838 000	15 657 000
Total Fixed Assets	32 458 000	25 197 000	15 838 000	15 657 000
Stock	0	0	0	0
Total Investments	69 246 000	77 287 000	50 571 000	44 349 000
Cash, Bank	5 880 000	1 434 000	3 856 000	200 000
Total Current Assets	83 370 000	86 651 000	92 198 000	83 337 000
Total Assets	115 827 000	111 848 000	108 036 000	98 994 000
Total Equity	102 462 000	93 715 000	107 633 000	97 845 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	70 000	63 000
Creditors	5 000	1 000	0	0
Unpaid Taxes	56 000	60 000	177 000	0
Dividends	10 000 000	0	0	0
Other Current Debt	3 304 000	66 000	156 000	918 000
Total Current Debt	13 365 000	18 133 000	333 000	1 086 000
Total Equity and Debt	115 827 000	111 848 000	108 036 000	98 994 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,3 %	11,82 %	15,6 %	11,58 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	6,24	4,78	276,87	76,74
Quick Ratio	6,24	4,78	276,87	76,74
Equity Ratio	0,88	0,84	1	0,99
Gross Profit Margin	-	-	-	-