AFE AS

9511 ALTA

Finances

Share Ownership

Return on Equity

49,58 %

Current Ratio

1,76

Debt-to-Equity Ratio

7,44

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 413 000	3 413 000	3 333 000	4 073 000
Net Income	953 000	1 141 000	−136 000	−301 000
Total Assets	17 343 000	17 724 000	18 281 000	20 245 000
Total Equity	1 922 000	1 785 000	1 444 000	1 580 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 413 000	3 413 000	3 333 000	4 073 000
Expenditure	1 796 000	1 660 000	2 701 000	3 575 000
Operating Profit	1 617 000	1 753 000	632 000	499 000
Financial Income	10 000	14 000	25 000	28 000
Financial Costs	635 000	530 000	830 000	912 000
Financial Balance	−625 000	−516 000	−805 000	−884 000
Earnings Before Tax	992 000	1 237 000	−173 000	−386 000
Tax	39 000	96 000	−37 000	−85 000
Net Income	953 000	1 141 000	−136 000	−301 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 387 000	16 352 000	17 469 000	18 421 000
Total Current Assets	1 957 000	1 373 000	812 000	1 824 000
Total Assets	17 343 000	17 724 000	18 281 000	20 245 000
Total Retained Equity	863 000	726 000	385 000	521 000
Total Equity	1 922 000	1 785 000	1 444 000	1 580 000
Total Long-Term Debt	14 307 000	14 915 000	16 320 000	17 979 000
Total Current Debt	1 114 000	1 024 000	517 000	686 000
Total Equity and Debt	17 343 000	17 724 000	18 281 000	20 245 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	28 000	562 000
Other Income	3 413 000	3 413 000	3 305 000	3 511 000
Revenue	3 413 000	3 413 000	3 333 000	4 073 000
Cost of Goods Sold	0	0	9 000	521 000
Salary Costs	0	0	700 000	1 000 000
Depreciation	1 009 000	1 015 000	1 015 000	1 010 000
Impairment	0	0	0	0
Expenditure	1 796 000	1 660 000	2 701 000	3 575 000
Operating Profit	1 617 000	1 753 000	632 000	499 000
Financial Income	10 000	14 000	25 000	28 000
Financial Costs	635 000	530 000	830 000	912 000
Financial Balance	−625 000	−516 000	−805 000	−884 000
Dividends	0	0	0	0
Net Income	953 000	1 141 000	−136 000	−301 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	275 000	216 000	303 000	271 000
Real Eastate	15 103 000	15 863 000	16 623 000	17 383 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	9 000	258 000	513 000	768 000
Total Tangible Assets	15 112 000	16 121 000	17 136 000	18 151 000
Total Fiancial Fixed Assets	0	15 000	30 000	0
Total Fixed Assets	15 387 000	16 352 000	17 469 000	18 421 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 011 000	1 075 000	748 000	437 000
Total Current Assets	1 957 000	1 373 000	812 000	1 824 000
Total Assets	17 343 000	17 724 000	18 281 000	20 245 000
Total Equity	1 922 000	1 785 000	1 444 000	1 580 000
Short-Term Group Debt	816 000	800 000	0	0
Total Long-Term Debt	14 307 000	14 915 000	16 320 000	17 979 000
Creditors	1 000	39 000	12 000	141 000
Unpaid Taxes	127 000	121 000	445 000	452 000
Dividends	0	0	0	0
Other Current Debt	73 000	56 000	61 000	94 000
Total Current Debt	1 114 000	1 024 000	517 000	686 000
Total Equity and Debt	17 343 000	17 724 000	18 281 000	20 245 000

Financial indicators	2022	2021	2020	2019
Return on Equity	49,58 %	63,92 %	−9,42 %	−19,05 %
Debt-to-Equity Ratio	7,44	8,36	11,3	11,38
Operating Profit Margin	47,38 %	51,36 %	18,96 %	12,25 %
Current Ratio	1,76	1,34	1,57	2,66
Quick Ratio	1,76	1,34	1,57	2,66
Equity Ratio	0,11	0,1	0,08	0,08
Gross Profit Margin	100 %	100 %	99,73 %	87,21 %