SAX DESIGN AS

5580 ØLEN

Finances

Share Ownership

Return on Equity

−5,81 %

Current Ratio

1,45

Debt-to-Equity Ratio

0,66

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 320 000	1 294 000	1 114 000	1 094 000
Net Income	−10 000	23 000	41 000	47 000
Total Assets	589 000	554 000	679 000	649 000
Total Equity	172 000	181 000	159 000	118 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 320 000	1 294 000	1 114 000	1 094 000
Expenditure	1 325 000	1 257 000	1 052 000	1 019 000
Operating Profit	−4 000	37 000	62 000	75 000
Financial Income	0	0	0	0
Financial Costs	8 000	8 000	10 000	15 000
Financial Balance	−8 000	−8 000	−10 000	−15 000
Earnings Before Tax	−12 000	29 000	52 000	60 000
Tax	−3 000	6 000	11 000	13 000
Net Income	−10 000	23 000	41 000	47 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	149 000	177 000	205 000	233 000
Total Current Assets	440 000	377 000	474 000	416 000
Total Assets	589 000	554 000	679 000	649 000
Total Retained Equity	148 000	158 000	135 000	95 000
Total Equity	172 000	181 000	159 000	118 000
Total Long-Term Debt	113 000	197 000	266 000	296 000
Total Current Debt	304 000	176 000	254 000	235 000
Total Equity and Debt	589 000	554 000	679 000	649 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 320 000	1 294 000	1 098 000	1 094 000
Other Income	0	0	16 000	0
Revenue	1 320 000	1 294 000	1 114 000	1 094 000
Cost of Goods Sold	194 000	240 000	176 000	169 000
Salary Costs	853 000	784 000	664 000	619 000
Depreciation	28 000	28 000	28 000	28 000
Impairment	0	0	0	0
Expenditure	1 325 000	1 257 000	1 052 000	1 019 000
Operating Profit	−4 000	37 000	62 000	75 000
Financial Income	0	0	0	0
Financial Costs	8 000	8 000	10 000	15 000
Financial Balance	−8 000	−8 000	−10 000	−15 000
Dividends	0	0	0	0
Net Income	−10 000	23 000	41 000	47 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	149 000	177 000	205 000	233 000
Total Tangible Assets	149 000	177 000	205 000	233 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	149 000	177 000	205 000	233 000
Stock	132 000	149 000	148 000	124 000
Total Investments	0	0	0	0
Cash, Bank	304 000	220 000	326 000	292 000
Total Current Assets	440 000	377 000	474 000	416 000
Total Assets	589 000	554 000	679 000	649 000
Total Equity	172 000	181 000	159 000	118 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	113 000	197 000	266 000	296 000
Creditors	26 000	15 000	9 000	17 000
Unpaid Taxes	124 000	55 000	63 000	92 000
Dividends	0	0	0	0
Other Current Debt	153 000	101 000	172 000	113 000
Total Current Debt	304 000	176 000	254 000	235 000
Total Equity and Debt	589 000	554 000	679 000	649 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,81 %	12,71 %	25,79 %	39,83 %
Debt-to-Equity Ratio	0,66	1,09	1,67	2,51
Operating Profit Margin	−0,3 %	2,86 %	5,57 %	6,86 %
Current Ratio	1,45	2,14	1,87	1,77
Quick Ratio	2,56	13,96	4,47	3,75
Equity Ratio	0,29	0,33	0,23	0,18
Gross Profit Margin	85,3 %	81,45 %	84,2 %	84,55 %