BAXT GRUPPEN AS

3261 LARVIK

Finances

Return on Equity

108,09 %

Current Ratio

1,26

Debt-to-Equity Ratio

1,77

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 234 060 000	1 177 960 000	983 027 000	896 428 000
Net Income	91 774 000	99 972 000	66 222 000	58 497 000
Total Assets	468 424 000	431 316 000	302 034 000	261 301 000
Total Equity	84 903 000	66 769 000	49 487 000	50 383 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 234 060 000	1 177 960 000	983 027 000	896 428 000
Expenditure	1 111 220 000	1 047 081 000	894 984 000	820 988 000
Operating Profit	122 839 000	130 878 000	88 044 000	75 062 000
Financial Income	2 199 000	959 000	829 000	2 334 000
Financial Costs	6 620 000	3 268 000	3 852 000	2 220 000
Financial Balance	−4 421 000	−2 309 000	−3 023 000	114 000
Earnings Before Tax	118 419 000	128 568 000	85 021 000	75 176 000
Tax	26 645 000	28 595 000	18 799 000	16 679 000
Net Income	91 774 000	99 972 000	66 222 000	58 497 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	173 156 000	130 115 000	92 164 000	64 685 000
Total Current Assets	295 267 000	301 201 000	209 870 000	196 615 000
Total Assets	468 424 000	431 316 000	302 034 000	261 301 000
Total Retained Equity	82 047 000	64 739 000	46 875 000	47 630 000
Total Equity	84 903 000	66 769 000	49 487 000	50 383 000
Total Long-Term Debt	149 860 000	113 129 000	75 673 000	51 394 000
Total Current Debt	233 661 000	251 418 000	176 874 000	159 524 000
Total Equity and Debt	468 423 000	431 316 000	302 034 000	261 301 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 234 060 000	1 177 960 000	983 027 000	896 428 000
Other Income	0	0	0	0
Revenue	1 234 060 000	1 177 960 000	983 027 000	896 428 000
Cost of Goods Sold	710 050 000	669 266 000	602 948 000	532 842 000
Salary Costs	121 236 000	109 215 000	88 677 000	89 908 000
Depreciation	17 063 000	15 444 000	8 218 000	9 724 000
Impairment	0	0	0	0
Expenditure	1 111 220 000	1 047 081 000	894 984 000	820 988 000
Operating Profit	122 839 000	130 878 000	88 044 000	75 062 000
Financial Income	2 199 000	959 000	829 000	2 334 000
Financial Costs	6 620 000	3 268 000	3 852 000	2 220 000
Financial Balance	−4 421 000	−2 309 000	−3 023 000	114 000
Dividends	71 175 000	0	66 575 000	0
Net Income	91 774 000	99 972 000	66 222 000	58 497 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	14 985 000	4 096 000	47 000	94 000
Total Intangible Assets	49 956 000	24 903 000	16 256 000	5 216 000
Real Eastate	63 643 000	43 540 000	23 620 000	24 654 000
Machinery and Plant Facilities	57 567 000	61 015 000	52 198 000	34 637 000
Fixtures	1 725 000	420 000	90 000	169 000
Total Tangible Assets	122 935 000	104 975 000	75 908 000	59 460 000
Total Fiancial Fixed Assets	266 000	237 000	0	10 000
Total Fixed Assets	173 156 000	130 115 000	92 164 000	64 685 000
Stock	80 118 000	64 251 000	47 210 000	40 390 000
Total Investments	0	0	0	0
Cash, Bank	66 124 000	87 141 000	50 567 000	52 235 000
Total Current Assets	295 267 000	301 201 000	209 870 000	196 615 000
Total Assets	468 424 000	431 316 000	302 034 000	261 301 000
Total Equity	84 903 000	66 769 000	49 487 000	50 383 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	149 860 000	113 129 000	75 673 000	51 394 000
Creditors	79 037 000	85 283 000	61 171 000	56 303 000
Unpaid Taxes	19 887 000	18 512 000	13 715 000	14 070 000
Dividends	71 175 000	0	66 575 000	0
Other Current Debt	104 624 000	101 263 000	78 506 000	68 766 000
Total Current Debt	233 661 000	251 418 000	176 874 000	159 524 000
Total Equity and Debt	468 423 000	431 316 000	302 034 000	261 301 000

Financial indicators	2022	2021	2020	2019
Return on Equity	108,09 %	149,73 %	133,82 %	116,1 %
Debt-to-Equity Ratio	1,77	1,69	1,53	1,02
Operating Profit Margin	9,95 %	11,11 %	8,96 %	8,37 %
Current Ratio	1,26	1,2	1,19	1,23
Quick Ratio	1,92	1,61	1,62	1,65
Equity Ratio	0,18	0,15	0,16	0,19
Gross Profit Margin	42,46 %	43,18 %	38,66 %	40,56 %