EXCUDO INVEST AS

1396 BILLINGSTAD

Finances

Return on Equity

55,57 %

Current Ratio

1,7

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	1 896 000	716 000	926 000	721 000
Total Assets	4 034 000	2 833 000	2 476 000	1 600 000
Total Equity	3 412 000	1 916 000	1 899 000	1 173 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	0	0	1 000	1 000
Operating Profit	0	0	−1 000	−1 000
Financial Income	1 903 000	718 000	922 000	728 000
Financial Costs	1 000	1 000	0	0
Financial Balance	1 902 000	717 000	922 000	728 000
Earnings Before Tax	1 902 000	716 000	921 000	727 000
Tax	5 000	0	−6 000	6 000
Net Income	1 896 000	716 000	926 000	721 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 980 000	2 826 000	2 433 000	1 430 000
Total Current Assets	1 055 000	7 000	43 000	170 000
Total Assets	4 034 000	2 833 000	2 476 000	1 600 000
Total Retained Equity	3 382 000	1 886 000	1 869 000	1 143 000
Total Equity	3 412 000	1 916 000	1 899 000	1 173 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	622 000	917 000	577 000	427 000
Total Equity and Debt	4 034 000	2 833 000	2 476 000	1 600 000

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	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	0	0	1 000	1 000
Operating Profit	0	0	−1 000	−1 000
Financial Income	1 903 000	718 000	922 000	728 000
Financial Costs	1 000	1 000	0	0
Financial Balance	1 902 000	717 000	922 000	728 000
Dividends	400 000	700 000	200 000	200 000
Net Income	1 896 000	716 000	926 000	721 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	144 000	144 000	144 000	8 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	144 000	144 000	144 000	8 000
Total Fiancial Fixed Assets	2 836 000	2 682 000	2 289 000	1 421 000
Total Fixed Assets	2 980 000	2 826 000	2 433 000	1 430 000
Stock	0	0	0	136 000
Total Investments	0	0	0	0
Cash, Bank	1 055 000	7 000	43 000	34 000
Total Current Assets	1 055 000	7 000	43 000	170 000
Total Assets	4 034 000	2 833 000	2 476 000	1 600 000
Total Equity	3 412 000	1 916 000	1 899 000	1 173 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	400 000	700 000	200 000	200 000
Other Current Debt	217 000	217 000	377 000	421 000
Total Current Debt	622 000	917 000	577 000	427 000
Total Equity and Debt	4 034 000	2 833 000	2 476 000	1 600 000

Financial indicators	2022	2021	2020	2019
Return on Equity	55,57 %	37,37 %	48,76 %	61,47 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	1,7	0,01	0,07	0,4
Quick Ratio	1,7	0,01	0,07	0,58
Equity Ratio	0,85	0,68	0,77	0,73
Gross Profit Margin	-	-	-	-