AXESS TECHNOLOGIES AS

6415 MOLDE

Finances

Share Ownership

Return on Equity

51,06 %

Current Ratio

1,45

Debt-to-Equity Ratio

0,41

Key figures (NOK)	2022	2021	2020	2019
Revenue	256 522 000	88 484 000	60 410 000	59 957 000
Net Income	25 495 000	7 976 000	6 664 000	3 783 000
Total Assets	152 398 000	57 355 000	43 725 000	37 428 000
Total Equity	49 933 000	19 098 000	21 121 000	24 457 000

Income (NOK)	2022	2021	2020	2019
Revenue	256 522 000	88 484 000	60 410 000	59 957 000
Expenditure	224 787 000	78 647 000	51 426 000	55 690 000
Operating Profit	31 735 000	9 838 000	8 984 000	4 267 000
Financial Income	3 570 000	1 154 000	1 246 000	784 000
Financial Costs	2 798 000	1 044 000	1 926 000	387 000
Financial Balance	772 000	110 000	−680 000	397 000
Earnings Before Tax	32 507 000	9 948 000	8 304 000	4 663 000
Tax	7 012 000	1 972 000	1 640 000	880 000
Net Income	25 495 000	7 976 000	6 664 000	3 783 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	33 863 000	6 884 000	5 683 000	5 114 000
Total Current Assets	118 535 000	50 471 000	38 042 000	32 314 000
Total Assets	152 398 000	57 355 000	43 725 000	37 428 000
Total Retained Equity	1 721 000	4 204 000	6 227 000	9 563 000
Total Equity	49 933 000	19 098 000	21 121 000	24 457 000
Total Long-Term Debt	20 552 000	3 640 000	1 819 000	0
Total Current Debt	81 913 000	34 618 000	20 784 000	12 971 000
Total Equity and Debt	152 398 000	57 355 000	43 725 000	37 428 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	256 522 000	88 484 000	60 410 000	59 957 000
Other Income	0	0	0	0
Revenue	256 522 000	88 484 000	60 410 000	59 957 000
Cost of Goods Sold	118 498 000	50 407 000	25 749 000	24 003 000
Salary Costs	73 505 000	21 278 000	18 940 000	19 902 000
Depreciation	2 171 000	1 458 000	921 000	4 036 000
Impairment	0	0	0	0
Expenditure	224 787 000	78 647 000	51 426 000	55 690 000
Operating Profit	31 735 000	9 838 000	8 984 000	4 267 000
Financial Income	3 570 000	1 154 000	1 246 000	784 000
Financial Costs	2 798 000	1 044 000	1 926 000	387 000
Financial Balance	772 000	110 000	−680 000	397 000
Dividends	25 495 000	10 000 000	10 000 000	0
Net Income	25 495 000	7 976 000	6 664 000	3 783 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	28 240 000	2 130 000	3 806 000	4 935 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	5 365 000	4 755 000	1 877 000	179 000
Fixtures	259 000	0	0	0
Total Tangible Assets	5 624 000	4 755 000	1 877 000	179 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	33 863 000	6 884 000	5 683 000	5 114 000
Stock	1 500 000	1 347 000	927 000	1 678 000
Total Investments	0	0	0	0
Cash, Bank	1 000	1 235 000	842 000	1 003 000
Total Current Assets	118 535 000	50 471 000	38 042 000	32 314 000
Total Assets	152 398 000	57 355 000	43 725 000	37 428 000
Total Equity	49 933 000	19 098 000	21 121 000	24 457 000
Short-Term Group Debt	3 183 000	0	0	0
Total Long-Term Debt	20 552 000	3 640 000	1 819 000	0
Creditors	5 379 000	4 796 000	2 167 000	3 352 000
Unpaid Taxes	5 895 000	2 152 000	1 612 000	1 700 000
Dividends	25 495 000	10 000 000	10 000 000	0
Other Current Debt	41 961 000	9 996 000	3 128 000	4 978 000
Total Current Debt	81 913 000	34 618 000	20 784 000	12 971 000
Total Equity and Debt	152 398 000	57 355 000	43 725 000	37 428 000

Financial indicators	2022	2021	2020	2019
Return on Equity	51,06 %	41,76 %	31,55 %	15,47 %
Debt-to-Equity Ratio	0,41	0,19	0,09	0
Operating Profit Margin	12,37 %	11,12 %	14,87 %	7,12 %
Current Ratio	1,45	1,46	1,83	2,49
Quick Ratio	1,47	1,52	1,92	2,86
Equity Ratio	0,33	0,33	0,48	0,65
Gross Profit Margin	53,81 %	43,03 %	57,38 %	59,97 %