AXFLOW AS

0283 OSLO

Finances

Return on Equity

22,61 %

Current Ratio

1,48

Debt-to-Equity Ratio

0,44

Key figures (NOK)	2022	2021	2020	2019
Revenue	267 150 000	254 106 000	251 768 000	236 876 000
Net Income	31 555 000	38 200 000	13 788 000	8 282 000
Total Assets	284 777 000	268 057 000	280 010 000	262 779 000
Total Equity	139 585 000	108 030 000	69 830 000	56 042 000

Income (NOK)	2022	2021	2020	2019
Revenue	267 150 000	254 106 000	251 768 000	236 876 000
Expenditure	254 719 000	235 948 000	232 297 000	224 295 000
Operating Profit	12 430 000	18 159 000	19 471 000	12 580 000
Financial Income	30 151 000	25 197 000	19 000	28 000
Financial Costs	8 678 000	1 376 000	1 757 000	1 885 000
Financial Balance	21 473 000	23 821 000	−1 738 000	−1 857 000
Earnings Before Tax	33 903 000	41 980 000	17 732 000	10 723 000
Tax	2 349 000	3 780 000	3 944 000	2 442 000
Net Income	31 555 000	38 200 000	13 788 000	8 282 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	160 305 000	175 114 000	212 554 000	197 658 000
Total Current Assets	124 472 000	92 943 000	67 456 000	65 121 000
Total Assets	284 777 000	268 057 000	280 010 000	262 779 000
Total Retained Equity	135 268 000	103 713 000	65 512 000	51 724 000
Total Equity	139 585 000	108 030 000	69 830 000	56 042 000
Total Long-Term Debt	60 924 000	84 974 000	130 057 000	119 269 000
Total Current Debt	84 268 000	75 053 000	80 123 000	87 468 000
Total Equity and Debt	284 777 000	268 057 000	280 010 000	262 779 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	267 150 000	254 106 000	251 768 000	236 876 000
Other Income	0	0	0	0
Revenue	267 150 000	254 106 000	251 768 000	236 876 000
Cost of Goods Sold	178 335 000	166 427 000	163 740 000	157 374 000
Salary Costs	50 533 000	46 580 000	46 735 000	45 342 000
Depreciation	295 000	258 000	223 000	222 000
Impairment	0	0	0	0
Expenditure	254 719 000	235 948 000	232 297 000	224 295 000
Operating Profit	12 430 000	18 159 000	19 471 000	12 580 000
Financial Income	30 151 000	25 197 000	19 000	28 000
Financial Costs	8 678 000	1 376 000	1 757 000	1 885 000
Financial Balance	21 473 000	23 821 000	−1 738 000	−1 857 000
Dividends	0	0	0	0
Net Income	31 555 000	38 200 000	13 788 000	8 282 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	150 000	250 000	350 000	450 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	387 000	528 000	281 000	354 000
Fixtures	33 000	48 000	70 000	19 000
Total Tangible Assets	420 000	575 000	351 000	372 000
Total Fiancial Fixed Assets	159 735 000	174 289 000	211 852 000	196 836 000
Total Fixed Assets	160 305 000	175 114 000	212 554 000	197 658 000
Stock	25 917 000	17 827 000	20 373 000	18 922 000
Total Investments	0	0	0	0
Cash, Bank	1 912 000	1 643 000	1 669 000	1 605 000
Total Current Assets	124 472 000	92 943 000	67 456 000	65 121 000
Total Assets	284 777 000	268 057 000	280 010 000	262 779 000
Total Equity	139 585 000	108 030 000	69 830 000	56 042 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	60 924 000	84 974 000	130 057 000	119 269 000
Creditors	21 706 000	15 129 000	18 359 000	18 163 000
Unpaid Taxes	12 250 000	10 705 000	11 288 000	9 553 000
Dividends	0	0	0	0
Other Current Debt	48 508 000	45 940 000	46 937 000	57 500 000
Total Current Debt	84 268 000	75 053 000	80 123 000	87 468 000
Total Equity and Debt	284 777 000	268 057 000	280 010 000	262 779 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,61 %	35,36 %	19,75 %	14,78 %
Debt-to-Equity Ratio	0,44	0,79	1,86	2,13
Operating Profit Margin	4,65 %	7,15 %	7,73 %	5,31 %
Current Ratio	1,48	1,24	0,84	0,74
Quick Ratio	2,13	1,62	1,13	0,95
Equity Ratio	0,49	0,4	0,25	0,21
Gross Profit Margin	33,25 %	34,5 %	34,96 %	33,56 %