AKOFS I AS

0277 OSLO

Finances

Return on Equity

−13,01 %

Current Ratio

1,09

Debt-to-Equity Ratio

0,01

Key figures (USD)	2022	2021	2020	2019
Revenue	561 000	3 934 000	27 271 000	38 807 000
Net Income	−2 094 000	−1 151 000	10 138 000	−1 461 000
Total Assets	22 711 000	21 051 000	21 562 000	21 088 000
Total Equity	16 095 000	18 188 000	19 340 000	10 969 000

Income (USD)	2022	2021	2020	2019
Revenue	561 000	3 934 000	27 271 000	38 807 000
Expenditure	3 098 000	5 320 000	16 597 000	40 234 000
Operating Profit	−2 538 000	−1 385 000	10 674 000	−1 427 000
Financial Income	1 037 000	793 000	440 000	742 000
Financial Costs	123 000	513 000	975 000	634 000
Financial Balance	914 000	280 000	−535 000	108 000
Earnings Before Tax	−1 624 000	−1 106 000	10 140 000	−1 320 000
Tax	470 000	46 000	2 000	140 000
Net Income	−2 094 000	−1 151 000	10 138 000	−1 461 000

Balance (USD)	2022	2021	2020	2019
Total Fixed Assets	15 633 000	15 443 000	14 489 000	12 082 000
Total Current Assets	7 078 000	5 608 000	7 073 000	9 006 000
Total Assets	22 711 000	21 051 000	21 562 000	21 088 000
Total Retained Equity	12 192 000	14 285 000	15 437 000	5 299 000
Total Equity	16 095 000	18 188 000	19 340 000	10 969 000
Total Long-Term Debt	119 000	166 000	208 000	258 000
Total Current Debt	6 497 000	2 697 000	2 014 000	9 860 000
Total Equity and Debt	22 711 000	21 051 000	21 562 000	21 088 000

Cash flow (USD)	2022	2021	2020	2019
Sales Income	561 000	3 934 000	26 671 000	38 807 000
Other Income	0	0	600 000	0
Revenue	561 000	3 934 000	27 271 000	38 807 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	343 000	1 130 000	609 000	2 198 000
Impairment	0	0	0	0
Expenditure	3 098 000	5 320 000	16 597 000	40 234 000
Operating Profit	−2 538 000	−1 385 000	10 674 000	−1 427 000
Financial Income	1 037 000	793 000	440 000	742 000
Financial Costs	123 000	513 000	975 000	634 000
Financial Balance	914 000	280 000	−535 000	108 000
Dividends	0	0	0	0
Net Income	−2 094 000	−1 151 000	10 138 000	−1 461 000

Balance details (USD)	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	7 453 000	1 142 000	1 919 000	2 060 000
Fixtures	0	0	0	0
Total Tangible Assets	7 453 000	1 142 000	1 919 000	2 060 000
Total Fiancial Fixed Assets	8 181 000	14 301 000	12 570 000	10 023 000
Total Fixed Assets	15 633 000	15 443 000	14 489 000	12 082 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	256 000	4 039 000	5 867 000	2 143 000
Total Current Assets	7 078 000	5 608 000	7 073 000	9 006 000
Total Assets	22 711 000	21 051 000	21 562 000	21 088 000
Total Equity	16 095 000	18 188 000	19 340 000	10 969 000
Short-Term Group Debt	4 851 000	0	5 000	0
Total Long-Term Debt	119 000	166 000	208 000	258 000
Creditors	240 000	421 000	4 000	129 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	891 000	2 074 000	1 953 000	9 522 000
Total Current Debt	6 497 000	2 697 000	2 014 000	9 860 000
Total Equity and Debt	22 711 000	21 051 000	21 562 000	21 088 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−13,01 %	−6,33 %	52,42 %	−13,32 %
Debt-to-Equity Ratio	0,01	0,01	0,01	0,02
Operating Profit Margin	−452,41 %	−35,21 %	39,14 %	−3,68 %
Current Ratio	1,09	2,08	3,51	0,91
Quick Ratio	1,09	2,08	3,51	0,91
Equity Ratio	0,71	0,86	0,9	0,52
Gross Profit Margin	100 %	100 %	100 %	100 %