E AFSETH HOLDING AS

2320 FURNES

Finances

Return on Equity

14,23 %

Current Ratio

5,19

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 000	0	0	0
Net Income	3 410 000	11 978 000	13 242 000	7 476 000
Total Assets	28 152 000	29 126 000	23 830 000	14 437 000
Total Equity	23 962 000	24 552 000	18 574 000	10 332 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 000	0	0	0
Expenditure	223 000	215 000	243 000	4 000
Operating Profit	−212 000	−215 000	−243 000	−4 000
Financial Income	3 712 000	12 235 000	13 555 000	7 537 000
Financial Costs	89 000	0	0	0
Financial Balance	3 623 000	12 235 000	13 555 000	7 537 000
Earnings Before Tax	3 411 000	12 020 000	13 312 000	7 533 000
Tax	1 000	42 000	70 000	57 000
Net Income	3 410 000	11 978 000	13 242 000	7 476 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 595 000	6 167 000	4 268 000	4 268 000
Total Current Assets	21 557 000	22 958 000	19 562 000	10 169 000
Total Assets	28 152 000	29 126 000	23 830 000	14 437 000
Total Retained Equity	23 672 000	24 263 000	18 285 000	10 043 000
Total Equity	23 962 000	24 552 000	18 574 000	10 332 000
Total Long-Term Debt	37 000	95 000	89 000	50 000
Total Current Debt	4 153 000	4 479 000	5 167 000	4 055 000
Total Equity and Debt	28 152 000	29 126 000	23 830 000	14 437 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	11 000	0	0	0
Revenue	11 000	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	82 000	7 000	0	0
Impairment	0	0	0	0
Expenditure	223 000	215 000	243 000	4 000
Operating Profit	−212 000	−215 000	−243 000	−4 000
Financial Income	3 712 000	12 235 000	13 555 000	7 537 000
Financial Costs	89 000	0	0	0
Financial Balance	3 623 000	12 235 000	13 555 000	7 537 000
Dividends	4 000 000	4 000 000	5 000 000	4 000 000
Net Income	3 410 000	11 978 000	13 242 000	7 476 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 798 000	1 869 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 798 000	1 869 000	0	0
Total Fiancial Fixed Assets	4 796 000	4 298 000	4 268 000	4 268 000
Total Fixed Assets	6 595 000	6 167 000	4 268 000	4 268 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	17 920 000	7 335 000	6 031 000	2 669 000
Total Current Assets	21 557 000	22 958 000	19 562 000	10 169 000
Total Assets	28 152 000	29 126 000	23 830 000	14 437 000
Total Equity	23 962 000	24 552 000	18 574 000	10 332 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	37 000	95 000	89 000	50 000
Creditors	0	164 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	4 000 000	4 000 000	5 000 000	4 000 000
Other Current Debt	119 000	278 000	137 000	9 000
Total Current Debt	4 153 000	4 479 000	5 167 000	4 055 000
Total Equity and Debt	28 152 000	29 126 000	23 830 000	14 437 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,23 %	48,79 %	71,29 %	72,36 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−1 927,27 %	-	-	-
Current Ratio	5,19	5,13	3,79	2,51
Quick Ratio	5,19	5,13	3,79	2,51
Equity Ratio	0,85	0,84	0,78	0,72
Gross Profit Margin	100 %	-	-	-