AXICHEM AS

5300 KLEPPESTØ

Finances

Share Ownership

Return on Equity

16,6 %

Current Ratio

1,7

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 938 000	1 389 000	1 071 000	196 000
Net Income	39 000	126 000	26 000	14 000
Total Assets	566 000	481 000	299 000	165 000
Total Equity	235 000	196 000	70 000	44 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 938 000	1 389 000	1 071 000	196 000
Expenditure	1 875 000	1 241 000	1 023 000	180 000
Operating Profit	63 000	149 000	48 000	17 000
Financial Income	0	14 000	0	0
Financial Costs	0	2 000	15 000	0
Financial Balance	0	12 000	−15 000	0
Earnings Before Tax	63 000	161 000	34 000	17 000
Tax	25 000	35 000	7 000	2 000
Net Income	39 000	126 000	26 000	14 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	566 000	481 000	299 000	165 000
Total Assets	566 000	481 000	299 000	165 000
Total Retained Equity	205 000	166 000	40 000	14 000
Total Equity	235 000	196 000	70 000	44 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	332 000	285 000	228 000	121 000
Total Equity and Debt	566 000	481 000	299 000	165 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 938 000	1 389 000	1 071 000	196 000
Other Income	0	0	0	0
Revenue	1 938 000	1 389 000	1 071 000	196 000
Cost of Goods Sold	0	0	0	73 000
Salary Costs	914 000	778 000	752 000	105 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 875 000	1 241 000	1 023 000	180 000
Operating Profit	63 000	149 000	48 000	17 000
Financial Income	0	14 000	0	0
Financial Costs	0	2 000	15 000	0
Financial Balance	0	12 000	−15 000	0
Dividends	0	0	0	0
Net Income	39 000	126 000	26 000	14 000

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	67 000	185 000	22 000	161 000
Total Current Assets	566 000	481 000	299 000	165 000
Total Assets	566 000	481 000	299 000	165 000
Total Equity	235 000	196 000	70 000	44 000
Short-Term Group Debt	0	0	0	73 000
Total Long-Term Debt	0	0	0	0
Creditors	20 000	26 000	28 000	0
Unpaid Taxes	38 000	41 000	31 000	36 000
Dividends	0	0	0	0
Other Current Debt	249 000	182 000	162 000	10 000
Total Current Debt	332 000	285 000	228 000	121 000
Total Equity and Debt	566 000	481 000	299 000	165 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,6 %	64,29 %	37,14 %	31,82 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,25 %	10,73 %	4,48 %	8,67 %
Current Ratio	1,7	1,69	1,31	1,36
Quick Ratio	1,7	1,69	1,31	1,36
Equity Ratio	0,42	0,41	0,23	0,27
Gross Profit Margin	100 %	100 %	100 %	62,76 %