AXEL JACOBSEN MASKINFORRETNING AS

8300 SVOLVÆR

Finances

Share Ownership

Return on Equity

23,47 %

Current Ratio

3,45

Debt-to-Equity Ratio

0,53

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 662 000	14 137 000	13 676 000	11 864 000
Net Income	773 000	828 000	1 218 000	536 000
Total Assets	6 870 000	7 091 000	6 916 000	6 944 000
Total Equity	3 294 000	3 421 000	3 093 000	1 875 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 662 000	14 137 000	13 676 000	11 864 000
Expenditure	13 603 000	13 013 000	12 017 000	11 064 000
Operating Profit	1 059 000	1 124 000	1 659 000	799 000
Financial Income	2 000	1 000	0	2 000
Financial Costs	69 000	63 000	97 000	111 000
Financial Balance	−67 000	−62 000	−97 000	−109 000
Earnings Before Tax	991 000	1 063 000	1 563 000	690 000
Tax	218 000	235 000	344 000	154 000
Net Income	773 000	828 000	1 218 000	536 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	542 000	623 000	704 000	428 000
Total Current Assets	6 328 000	6 468 000	6 212 000	6 516 000
Total Assets	6 870 000	7 091 000	6 916 000	6 944 000
Total Retained Equity	2 294 000	2 421 000	2 093 000	875 000
Total Equity	3 294 000	3 421 000	3 093 000	1 875 000
Total Long-Term Debt	1 742 000	1 877 000	2 008 000	3 592 000
Total Current Debt	1 835 000	1 793 000	1 815 000	1 477 000
Total Equity and Debt	6 870 000	7 091 000	6 916 000	6 944 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 662 000	14 137 000	13 641 000	11 864 000
Other Income	0	0	35 000	0
Revenue	14 662 000	14 137 000	13 676 000	11 864 000
Cost of Goods Sold	8 550 000	8 410 000	8 146 000	6 944 000
Salary Costs	3 890 000	3 543 000	2 902 000	3 102 000
Depreciation	81 000	81 000	58 000	57 000
Impairment	0	0	0	0
Expenditure	13 603 000	13 013 000	12 017 000	11 064 000
Operating Profit	1 059 000	1 124 000	1 659 000	799 000
Financial Income	2 000	1 000	0	2 000
Financial Costs	69 000	63 000	97 000	111 000
Financial Balance	−67 000	−62 000	−97 000	−109 000
Dividends	0	0	0	0
Net Income	773 000	828 000	1 218 000	536 000

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	542 000	623 000	704 000	428 000
Total Tangible Assets	542 000	623 000	704 000	428 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	542 000	623 000	704 000	428 000
Stock	4 715 000	4 642 000	4 236 000	3 959 000
Total Investments	0	0	0	0
Cash, Bank	522 000	673 000	860 000	1 373 000
Total Current Assets	6 328 000	6 468 000	6 212 000	6 516 000
Total Assets	6 870 000	7 091 000	6 916 000	6 944 000
Total Equity	3 294 000	3 421 000	3 093 000	1 875 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 742 000	1 877 000	2 008 000	3 592 000
Creditors	809 000	812 000	826 000	633 000
Unpaid Taxes	387 000	369 000	354 000	362 000
Dividends	0	0	0	0
Other Current Debt	421 000	381 000	316 000	332 000
Total Current Debt	1 835 000	1 793 000	1 815 000	1 477 000
Total Equity and Debt	6 870 000	7 091 000	6 916 000	6 944 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,47 %	24,2 %	39,38 %	28,59 %
Debt-to-Equity Ratio	0,53	0,55	0,65	1,92
Operating Profit Margin	7,22 %	7,95 %	12,13 %	6,73 %
Current Ratio	3,45	3,61	3,42	4,41
Quick Ratio	−2,2	−2,27	−2,57	−2,63
Equity Ratio	0,48	0,48	0,45	0,27
Gross Profit Margin	41,69 %	40,51 %	40,44 %	41,47 %