BAXT AS

3261 LARVIK

Finances

Share Ownership

Return on Equity

139,33 %

Current Ratio

1,16

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 098 366 000	977 238 000	919 530 000	839 647 000
Net Income	49 866 000	49 754 000	39 471 000	42 281 000
Total Assets	222 419 000	198 068 000	169 682 000	156 918 000
Total Equity	35 790 000	30 925 000	12 171 000	17 395 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 098 366 000	977 238 000	919 530 000	839 647 000
Expenditure	1 034 270 000	912 932 000	867 373 000	785 998 000
Operating Profit	64 097 000	64 305 000	52 158 000	53 648 000
Financial Income	1 194 000	475 000	487 000	1 312 000
Financial Costs	1 250 000	881 000	1 995 000	689 000
Financial Balance	−56 000	−406 000	−1 508 000	623 000
Earnings Before Tax	64 041 000	63 899 000	50 649 000	54 272 000
Tax	14 175 000	14 145 000	11 179 000	11 991 000
Net Income	49 866 000	49 754 000	39 471 000	42 281 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 356 000	5 801 000	5 052 000	7 599 000
Total Current Assets	217 063 000	192 267 000	164 630 000	149 319 000
Total Assets	222 419 000	198 068 000	169 682 000	156 918 000
Total Retained Equity	35 028 000	30 163 000	11 409 000	16 395 000
Total Equity	35 790 000	30 925 000	12 171 000	17 395 000
Total Long-Term Debt	222 000	0	0	0
Total Current Debt	186 406 000	167 143 000	157 511 000	139 523 000
Total Equity and Debt	222 419 000	198 068 000	169 682 000	156 918 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 094 838 000	974 180 000	916 329 000	837 252 000
Other Income	3 528 000	3 057 000	3 201 000	2 395 000
Revenue	1 098 366 000	977 238 000	919 530 000	839 647 000
Cost of Goods Sold	780 710 000	679 375 000	657 326 000	591 401 000
Salary Costs	24 412 000	23 837 000	22 432 000	30 526 000
Depreciation	146 000	144 000	146 000	176 000
Impairment	0	0	0	0
Expenditure	1 034 270 000	912 932 000	867 373 000	785 998 000
Operating Profit	64 097 000	64 305 000	52 158 000	53 648 000
Financial Income	1 194 000	475 000	487 000	1 312 000
Financial Costs	1 250 000	881 000	1 995 000	689 000
Financial Balance	−56 000	−406 000	−1 508 000	623 000
Dividends	45 000 000	31 000 000	40 000 000	44 000 000
Net Income	49 866 000	49 754 000	39 471 000	42 281 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	5 003 000	5 575 000	4 842 000	7 358 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	353 000	226 000	210 000	203 000
Fixtures	0	0	0	39 000
Total Tangible Assets	353 000	226 000	210 000	241 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 356 000	5 801 000	5 052 000	7 599 000
Stock	53 610 000	47 197 000	33 503 000	28 605 000
Total Investments	0	0	0	0
Cash, Bank	51 045 000	55 361 000	46 739 000	37 813 000
Total Current Assets	217 063 000	192 267 000	164 630 000	149 319 000
Total Assets	222 419 000	198 068 000	169 682 000	156 918 000
Total Equity	35 790 000	30 925 000	12 171 000	17 395 000
Short-Term Group Debt	0	0	2 173 000	0
Total Long-Term Debt	222 000	0	0	0
Creditors	82 360 000	72 851 000	75 741 000	60 465 000
Unpaid Taxes	10 165 000	8 219 000	4 124 000	8 433 000
Dividends	45 000 000	31 000 000	40 000 000	44 000 000
Other Current Debt	80 286 000	71 194 000	64 288 000	56 037 000
Total Current Debt	186 406 000	167 143 000	157 511 000	139 523 000
Total Equity and Debt	222 419 000	198 068 000	169 682 000	156 918 000

Financial indicators	2022	2021	2020	2019
Return on Equity	139,33 %	160,89 %	324,3 %	243,06 %
Debt-to-Equity Ratio	0,01	0	0	0
Operating Profit Margin	5,84 %	6,58 %	5,67 %	6,39 %
Current Ratio	1,16	1,15	1,05	1,07
Quick Ratio	1,63	1,6	1,33	1,35
Equity Ratio	0,16	0,16	0,07	0,11
Gross Profit Margin	28,92 %	30,48 %	28,52 %	29,57 %