AZUREIT AS

3512 HØNEFOSS

Finances

Share Ownership

Return on Equity

82,24 %

Current Ratio

2,19

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 972 000	1 971 000	1 998 000	532 000
Net Income	389 000	473 000	504 000	283 000
Total Assets	870 000	947 000	987 000	582 000
Total Equity	473 000	84 000	61 000	57 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 972 000	1 971 000	1 998 000	532 000
Expenditure	1 475 000	1 367 000	1 354 000	170 000
Operating Profit	497 000	604 000	644 000	362 000
Financial Income	2 000	2 000	0	0
Financial Costs	1 000	0	0	0
Financial Balance	1 000	2 000	0	0
Earnings Before Tax	498 000	606 000	644 000	362 000
Tax	110 000	133 000	141 000	80 000
Net Income	389 000	473 000	504 000	283 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	870 000	947 000	987 000	582 000
Total Assets	870 000	947 000	987 000	582 000
Total Retained Equity	443 000	59 000	36 000	33 000
Total Equity	473 000	84 000	61 000	57 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	397 000	864 000	926 000	525 000
Total Equity and Debt	870 000	947 000	987 000	582 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 972 000	1 971 000	1 998 000	532 000
Other Income	0	0	0	0
Revenue	1 972 000	1 971 000	1 998 000	532 000
Cost of Goods Sold	53 000	0	0	0
Salary Costs	1 268 000	1 197 000	1 210 000	139 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 475 000	1 367 000	1 354 000	170 000
Operating Profit	497 000	604 000	644 000	362 000
Financial Income	2 000	2 000	0	0
Financial Costs	1 000	0	0	0
Financial Balance	1 000	2 000	0	0
Dividends	0	450 000	500 000	250 000
Net Income	389 000	473 000	504 000	283 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	453 000	767 000	796 000	411 000
Total Current Assets	870 000	947 000	987 000	582 000
Total Assets	870 000	947 000	987 000	582 000
Total Equity	473 000	84 000	61 000	57 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	10 000	12 000	10 000	5 000
Unpaid Taxes	151 000	149 000	152 000	175 000
Dividends	0	450 000	500 000	250 000
Other Current Debt	126 000	120 000	122 000	15 000
Total Current Debt	397 000	864 000	926 000	525 000
Total Equity and Debt	870 000	947 000	987 000	582 000

Financial indicators	2022	2021	2020	2019
Return on Equity	82,24 %	563,1 %	826,23 %	496,49 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	25,2 %	30,64 %	32,23 %	68,05 %
Current Ratio	2,19	1,1	1,07	1,11
Quick Ratio	2,19	1,1	1,07	1,11
Equity Ratio	0,54	0,09	0,06	0,1
Gross Profit Margin	97,31 %	100 %	100 %	100 %