AXEL SNEKKERSERVICE AS

2848 SKREIA

Finances

Share Ownership

Return on Equity

204,19 %

Current Ratio

1,21

Debt-to-Equity Ratio

0,67

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 171 000	2 887 000	3 688 000	3 015 000
Net Income	390 000	−299 000	−389 000	17 000
Total Assets	959 000	682 000	1 071 000	1 248 000
Total Equity	191 000	−199 000	99 000	488 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 171 000	2 887 000	3 688 000	3 015 000
Expenditure	3 661 000	3 257 000	4 167 000	2 983 000
Operating Profit	509 000	−369 000	−479 000	33 000
Financial Income	1 000	0	0	0
Financial Costs	9 000	13 000	13 000	9 000
Financial Balance	−8 000	−13 000	−13 000	−9 000
Earnings Before Tax	500 000	−382 000	−492 000	24 000
Tax	110 000	−84 000	−103 000	7 000
Net Income	390 000	−299 000	−389 000	17 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	185 000	357 000	349 000	556 000
Total Current Assets	774 000	325 000	722 000	692 000
Total Assets	959 000	682 000	1 071 000	1 248 000
Total Retained Equity	161 000	−229 000	69 000	458 000
Total Equity	191 000	−199 000	99 000	488 000
Total Long-Term Debt	128 000	181 000	239 000	291 000
Total Current Debt	640 000	701 000	733 000	469 000
Total Equity and Debt	959 000	682 000	1 071 000	1 248 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 171 000	2 881 000	3 688 000	3 015 000
Other Income	0	6 000	0	0
Revenue	4 171 000	2 887 000	3 688 000	3 015 000
Cost of Goods Sold	1 150 000	886 000	1 698 000	1 197 000
Salary Costs	1 966 000	1 851 000	1 827 000	1 297 000
Depreciation	75 000	75 000	75 000	42 000
Impairment	0	0	0	0
Expenditure	3 661 000	3 257 000	4 167 000	2 983 000
Operating Profit	509 000	−369 000	−479 000	33 000
Financial Income	1 000	0	0	0
Financial Costs	9 000	13 000	13 000	9 000
Financial Balance	−8 000	−13 000	−13 000	−9 000
Dividends	0	0	0	0
Net Income	390 000	−299 000	−389 000	17 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	97 000	13 000	11 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	185 000	260 000	336 000	411 000
Total Tangible Assets	185 000	260 000	336 000	411 000
Total Fiancial Fixed Assets	0	0	0	134 000
Total Fixed Assets	185 000	357 000	349 000	556 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	407 000	266 000	292 000	452 000
Total Current Assets	774 000	325 000	722 000	692 000
Total Assets	959 000	682 000	1 071 000	1 248 000
Total Equity	191 000	−199 000	99 000	488 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	128 000	181 000	239 000	291 000
Creditors	53 000	41 000	205 000	44 000
Unpaid Taxes	361 000	204 000	155 000	236 000
Dividends	0	0	0	0
Other Current Debt	221 000	456 000	372 000	189 000
Total Current Debt	640 000	701 000	733 000	469 000
Total Equity and Debt	959 000	682 000	1 071 000	1 248 000

Financial indicators	2022	2021	2020	2019
Return on Equity	204,19 %	150,25 %	−392,93 %	3,48 %
Debt-to-Equity Ratio	0,67	−0,91	2,41	0,6
Operating Profit Margin	12,2 %	−12,78 %	−12,99 %	1,09 %
Current Ratio	1,21	0,46	0,98	1,48
Quick Ratio	1,21	0,46	0,98	1,48
Equity Ratio	0,2	−0,29	0,09	0,39
Gross Profit Margin	72,43 %	69,31 %	53,96 %	60,3 %