AXELAR AS

4306 SANDNES

Finances

Return on Equity

1,18 %

Current Ratio

2,42

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	28 003 000	21 919 000	18 975 000	23 409 000
Net Income	49 000	760 000	1 361 000	151 000
Total Assets	7 060 000	7 326 000	6 960 000	4 937 000
Total Equity	4 160 000	4 111 000	3 351 000	1 990 000

Income (NOK)	2022	2021	2020	2019
Revenue	28 003 000	21 919 000	18 975 000	23 409 000
Expenditure	27 766 000	20 907 000	17 220 000	23 214 000
Operating Profit	237 000	1 012 000	1 755 000	195 000
Financial Income	21 000	35 000	1 000	7 000
Financial Costs	147 000	59 000	4 000	6 000
Financial Balance	−126 000	−24 000	−3 000	1 000
Earnings Before Tax	111 000	988 000	1 752 000	195 000
Tax	61 000	229 000	391 000	45 000
Net Income	49 000	760 000	1 361 000	151 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	34 000	38 000	51 000	64 000
Total Current Assets	7 025 000	7 288 000	6 909 000	4 873 000
Total Assets	7 060 000	7 326 000	6 960 000	4 937 000
Total Retained Equity	4 060 000	4 011 000	3 251 000	1 890 000
Total Equity	4 160 000	4 111 000	3 351 000	1 990 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 900 000	3 215 000	3 609 000	2 947 000
Total Equity and Debt	7 060 000	7 326 000	6 960 000	4 937 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	28 003 000	21 919 000	18 975 000	23 409 000
Other Income	0	0	0	0
Revenue	28 003 000	21 919 000	18 975 000	23 409 000
Cost of Goods Sold	18 949 000	13 379 000	10 819 000	1 450 000
Salary Costs	4 757 000	4 412 000	3 763 000	3 805 000
Depreciation	0	0	0	16 000
Impairment	0	0	0	0
Expenditure	27 766 000	20 907 000	17 220 000	23 214 000
Operating Profit	237 000	1 012 000	1 755 000	195 000
Financial Income	21 000	35 000	1 000	7 000
Financial Costs	147 000	59 000	4 000	6 000
Financial Balance	−126 000	−24 000	−3 000	1 000
Dividends	0	0	0	0
Net Income	49 000	760 000	1 361 000	151 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	15 000	18 000	31 000	44 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	20 000	20 000	20 000	20 000
Total Fixed Assets	34 000	38 000	51 000	64 000
Stock	0	0	0	0
Total Investments	2 709 000	2 947 000	0	0
Cash, Bank	2 822 000	3 951 000	6 447 000	2 247 000
Total Current Assets	7 025 000	7 288 000	6 909 000	4 873 000
Total Assets	7 060 000	7 326 000	6 960 000	4 937 000
Total Equity	4 160 000	4 111 000	3 351 000	1 990 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	863 000	1 260 000	1 210 000	1 779 000
Unpaid Taxes	726 000	432 000	282 000	609 000
Dividends	0	0	0	0
Other Current Debt	1 253 000	1 307 000	1 740 000	524 000
Total Current Debt	2 900 000	3 215 000	3 609 000	2 947 000
Total Equity and Debt	7 060 000	7 326 000	6 960 000	4 937 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,18 %	18,49 %	40,61 %	7,59 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,85 %	4,62 %	9,25 %	0,83 %
Current Ratio	2,42	2,27	1,91	1,65
Quick Ratio	2,42	2,27	1,91	1,65
Equity Ratio	0,59	0,56	0,48	0,4
Gross Profit Margin	32,33 %	38,96 %	42,98 %	93,81 %