AXEDO AS

2387 BRUMUNDDAL

Finances

Return on Equity

73,6 %

Current Ratio

128

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 000	6 000	2 000	7 000
Net Income	290 000	−9 000	69 000	44 000
Total Assets	397 000	105 000	135 000	64 000
Total Equity	394 000	104 000	114 000	64 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 000	6 000	2 000	7 000
Expenditure	20 000	16 000	5 000	2 000
Operating Profit	−17 000	−9 000	−3 000	5 000
Financial Income	328 000	4 000	72 000	39 000
Financial Costs	21 000	4 000	0	0
Financial Balance	307 000	0	72 000	39 000
Earnings Before Tax	290 000	−9 000	69 000	44 000
Tax	0	0	0	0
Net Income	290 000	−9 000	69 000	44 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 000	13 000	13 000	17 000
Total Current Assets	384 000	92 000	121 000	47 000
Total Assets	397 000	105 000	135 000	64 000
Total Retained Equity	364 000	74 000	84 000	34 000
Total Equity	394 000	104 000	114 000	64 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 000	1 000	21 000	0
Total Equity and Debt	397 000	105 000	135 000	64 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 000	6 000	2 000	7 000
Other Income	0	0	0	0
Revenue	4 000	6 000	2 000	7 000
Cost of Goods Sold	0	0	0	0
Salary Costs	5 000	4 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	20 000	16 000	5 000	2 000
Operating Profit	−17 000	−9 000	−3 000	5 000
Financial Income	328 000	4 000	72 000	39 000
Financial Costs	21 000	4 000	0	0
Financial Balance	307 000	0	72 000	39 000
Dividends	0	0	20 000	0
Net Income	290 000	−9 000	69 000	44 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	13 000	13 000	13 000	17 000
Total Fixed Assets	13 000	13 000	13 000	17 000
Stock	0	0	0	0
Total Investments	133 000	90 000	80 000	0
Cash, Bank	251 000	1 000	41 000	47 000
Total Current Assets	384 000	92 000	121 000	47 000
Total Assets	397 000	105 000	135 000	64 000
Total Equity	394 000	104 000	114 000	64 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 000	0	1 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	20 000	0
Other Current Debt	2 000	1 000	0	0
Total Current Debt	3 000	1 000	21 000	0
Total Equity and Debt	397 000	105 000	135 000	64 000

Financial indicators	2022	2021	2020	2019
Return on Equity	73,6 %	−8,65 %	60,53 %	68,75 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−425 %	−150 %	−150 %	71,43 %
Current Ratio	128	92	5,76	-
Quick Ratio	128	92	5,76	-
Equity Ratio	0,99	0,99	0,84	1
Gross Profit Margin	100 %	100 %	100 %	100 %