AXOR VVS AS

3070 SANDE I VESTFOLD

Finances

Return on Equity

64,52 %

Current Ratio

2,19

Debt-to-Equity Ratio

1,8

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 194 000	3 164 000	3 269 000	1 030 000
Net Income	300 000	217 000	268 000	100 000
Total Assets	1 648 000	1 066 000	1 680 000	335 000
Total Equity	465 000	165 000	48 000	130 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 194 000	3 164 000	3 269 000	1 030 000
Expenditure	2 783 000	2 857 000	2 869 000	899 000
Operating Profit	411 000	308 000	399 000	130 000
Financial Income	0	0	1 000	0
Financial Costs	20 000	26 000	46 000	0
Financial Balance	−20 000	−26 000	−45 000	0
Earnings Before Tax	391 000	282 000	354 000	130 000
Tax	92 000	65 000	86 000	29 000
Net Income	300 000	217 000	268 000	100 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	887 000	687 000	854 000	102 000
Total Current Assets	761 000	379 000	826 000	233 000
Total Assets	1 648 000	1 066 000	1 680 000	335 000
Total Retained Equity	435 000	135 000	18 000	100 000
Total Equity	465 000	165 000	48 000	130 000
Total Long-Term Debt	836 000	595 000	721 000	3 000
Total Current Debt	347 000	306 000	911 000	201 000
Total Equity and Debt	1 648 000	1 066 000	1 680 000	335 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 230 000	3 161 000	3 247 000	1 030 000
Other Income	−35 000	3 000	21 000	0
Revenue	3 194 000	3 164 000	3 269 000	1 030 000
Cost of Goods Sold	1 060 000	1 095 000	1 028 000	300 000
Salary Costs	979 000	991 000	1 052 000	246 000
Depreciation	162 000	167 000	153 000	8 000
Impairment	0	0	0	0
Expenditure	2 783 000	2 857 000	2 869 000	899 000
Operating Profit	411 000	308 000	399 000	130 000
Financial Income	0	0	1 000	0
Financial Costs	20 000	26 000	46 000	0
Financial Balance	−20 000	−26 000	−45 000	0
Dividends	0	100 000	350 000	0
Net Income	300 000	217 000	268 000	100 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	826 000	630 000	796 000	92 000
Total Tangible Assets	826 000	630 000	796 000	92 000
Total Fiancial Fixed Assets	61 000	57 000	57 000	10 000
Total Fixed Assets	887 000	687 000	854 000	102 000
Stock	26 000	26 000	17 000	11 000
Total Investments	0	0	0	0
Cash, Bank	581 000	36 000	639 000	121 000
Total Current Assets	761 000	379 000	826 000	233 000
Total Assets	1 648 000	1 066 000	1 680 000	335 000
Total Equity	465 000	165 000	48 000	130 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	836 000	595 000	721 000	3 000
Creditors	45 000	5 000	62 000	55 000
Unpaid Taxes	129 000	139 000	314 000	89 000
Dividends	0	100 000	350 000	0
Other Current Debt	95 000	96 000	115 000	31 000
Total Current Debt	347 000	306 000	911 000	201 000
Total Equity and Debt	1 648 000	1 066 000	1 680 000	335 000

Financial indicators	2022	2021	2020	2019
Return on Equity	64,52 %	131,52 %	558,33 %	76,92 %
Debt-to-Equity Ratio	1,8	3,61	15,02	0,02
Operating Profit Margin	12,87 %	9,73 %	12,21 %	12,62 %
Current Ratio	2,19	1,24	0,91	1,16
Quick Ratio	2,37	1,35	0,92	1,23
Equity Ratio	0,28	0,15	0,03	0,39
Gross Profit Margin	66,81 %	65,39 %	68,55 %	70,87 %