AXENON NORGE AS

4313 SANDNES

Finances

Return on Equity

140,84 %

Current Ratio

1,34

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	26 929 000	22 131 000	14 503 000	13 285 000
Net Income	5 638 000	5 837 000	3 383 000	3 289 000
Total Assets	15 144 000	10 139 000	9 374 000	9 155 000
Total Equity	4 003 000	3 502 000	2 534 000	2 505 000

Income (NOK)	2022	2021	2020	2019
Revenue	26 929 000	22 131 000	14 503 000	13 285 000
Expenditure	19 767 000	14 637 000	10 153 000	9 097 000
Operating Profit	7 163 000	7 493 000	4 351 000	4 188 000
Financial Income	109 000	37 000	30 000	47 000
Financial Costs	36 000	42 000	41 000	11 000
Financial Balance	73 000	−5 000	−11 000	36 000
Earnings Before Tax	7 236 000	7 488 000	4 340 000	4 225 000
Tax	1 598 000	1 651 000	957 000	935 000
Net Income	5 638 000	5 837 000	3 383 000	3 289 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	180 000	163 000	33 000	51 000
Total Current Assets	14 963 000	9 976 000	9 341 000	9 104 000
Total Assets	15 144 000	10 139 000	9 374 000	9 155 000
Total Retained Equity	2 359 000	1 865 000	816 000	791 000
Total Equity	4 003 000	3 502 000	2 534 000	2 505 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	11 141 000	6 637 000	6 841 000	6 650 000
Total Equity and Debt	15 144 000	10 139 000	9 374 000	9 155 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	26 887 000	22 095 000	14 493 000	13 277 000
Other Income	43 000	36 000	10 000	8 000
Revenue	26 929 000	22 131 000	14 503 000	13 285 000
Cost of Goods Sold	5 861 000	4 435 000	2 928 000	3 013 000
Salary Costs	11 832 000	8 592 000	6 184 000	4 802 000
Depreciation	80 000	45 000	18 000	11 000
Impairment	0	0	0	0
Expenditure	19 767 000	14 637 000	10 153 000	9 097 000
Operating Profit	7 163 000	7 493 000	4 351 000	4 188 000
Financial Income	109 000	37 000	30 000	47 000
Financial Costs	36 000	42 000	41 000	11 000
Financial Balance	73 000	−5 000	−11 000	36 000
Dividends	5 195 000	1 769 000	3 381 000	0
Net Income	5 638 000	5 837 000	3 383 000	3 289 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 000	8 000	3 000	3 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	180 000	155 000	30 000	48 000
Total Tangible Assets	180 000	155 000	30 000	48 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	180 000	163 000	33 000	51 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	11 207 000	6 848 000	7 370 000	6 616 000
Total Current Assets	14 963 000	9 976 000	9 341 000	9 104 000
Total Assets	15 144 000	10 139 000	9 374 000	9 155 000
Total Equity	4 003 000	3 502 000	2 534 000	2 505 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	858 000	275 000	297 000	558 000
Unpaid Taxes	2 218 000	1 990 000	1 453 000	1 251 000
Dividends	5 195 000	1 769 000	3 381 000	0
Other Current Debt	1 280 000	947 000	753 000	473 000
Total Current Debt	11 141 000	6 637 000	6 841 000	6 650 000
Total Equity and Debt	15 144 000	10 139 000	9 374 000	9 155 000

Financial indicators	2022	2021	2020	2019
Return on Equity	140,84 %	166,68 %	133,5 %	131,3 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	26,6 %	33,86 %	30 %	31,52 %
Current Ratio	1,34	1,5	1,37	1,37
Quick Ratio	1,34	1,5	1,37	1,37
Equity Ratio	0,26	0,35	0,27	0,27
Gross Profit Margin	78,24 %	79,96 %	79,81 %	77,32 %