XL MANAGEMENT AS

6003 ÅLESUND

Finances

Return on Equity

−38,29 %

Current Ratio

1,05

Debt-to-Equity Ratio

5,97

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 627 000	2 646 000	2 872 000	3 715 000
Net Income	−286 000	623 000	164 000	−300 000
Total Assets	16 284 000	9 495 000	10 819 000	5 468 000
Total Equity	747 000	1 033 000	410 000	246 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 627 000	2 646 000	2 872 000	3 715 000
Expenditure	3 394 000	2 644 000	2 896 000	3 599 000
Operating Profit	233 000	2 000	−24 000	116 000
Financial Income	265 000	876 000	510 000	123 000
Financial Costs	714 000	79 000	227 000	537 000
Financial Balance	−449 000	797 000	283 000	−414 000
Earnings Before Tax	−217 000	800 000	259 000	−298 000
Tax	69 000	177 000	95 000	2 000
Net Income	−286 000	623 000	164 000	−300 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 604 000	4 725 000	4 063 000	3 951 000
Total Current Assets	11 680 000	4 770 000	6 757 000	1 517 000
Total Assets	16 284 000	9 495 000	10 819 000	5 468 000
Total Retained Equity	501 000	787 000	164 000	0
Total Equity	747 000	1 033 000	410 000	246 000
Total Long-Term Debt	4 461 000	4 468 000	4 468 000	3 949 000
Total Current Debt	11 076 000	3 994 000	5 942 000	1 273 000
Total Equity and Debt	16 284 000	9 495 000	10 819 000	5 468 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 627 000	2 646 000	2 872 000	3 715 000
Other Income	0	0	0	0
Revenue	3 627 000	2 646 000	2 872 000	3 715 000
Cost of Goods Sold	0	0	0	0
Salary Costs	2 215 000	1 876 000	2 058 000	2 258 000
Depreciation	18 000	1 000	53 000	81 000
Impairment	0	0	0	0
Expenditure	3 394 000	2 644 000	2 896 000	3 599 000
Operating Profit	233 000	2 000	−24 000	116 000
Financial Income	265 000	876 000	510 000	123 000
Financial Costs	714 000	79 000	227 000	537 000
Financial Balance	−449 000	797 000	283 000	−414 000
Dividends	0	0	0	0
Net Income	−286 000	623 000	164 000	−300 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	1 000	6 000	8 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	74 000	35 000	0	53 000
Total Tangible Assets	74 000	35 000	0	53 000
Total Fiancial Fixed Assets	4 529 000	4 689 000	4 057 000	3 890 000
Total Fixed Assets	4 604 000	4 725 000	4 063 000	3 951 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 765 000	200 000	3 911 000	93 000
Total Current Assets	11 680 000	4 770 000	6 757 000	1 517 000
Total Assets	16 284 000	9 495 000	10 819 000	5 468 000
Total Equity	747 000	1 033 000	410 000	246 000
Short-Term Group Debt	7 350 000	2 602 000	5 212 000	340 000
Total Long-Term Debt	4 461 000	4 468 000	4 468 000	3 949 000
Creditors	105 000	137 000	115 000	110 000
Unpaid Taxes	472 000	177 000	180 000	399 000
Dividends	0	0	0	0
Other Current Debt	535 000	201 000	435 000	277 000
Total Current Debt	11 076 000	3 994 000	5 942 000	1 273 000
Total Equity and Debt	16 284 000	9 495 000	10 819 000	5 468 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−38,29 %	60,31 %	40 %	−121,95 %
Debt-to-Equity Ratio	5,97	4,33	10,9	16,05
Operating Profit Margin	6,42 %	0,08 %	−0,84 %	3,12 %
Current Ratio	1,05	1,19	1,14	1,19
Quick Ratio	1,05	1,19	1,14	1,19
Equity Ratio	0,05	0,11	0,04	0,04
Gross Profit Margin	100 %	100 %	100 %	100 %