AXEN PROSJEKT AS

3084 HOLMESTRAND

Finances

Share Ownership

Return on Equity

26,06 %

Current Ratio

2,3

Debt-to-Equity Ratio

0,08

Key figures (NOK)	2022	2021	2020
Revenue	6 500 000	17 127 000	0
Net Income	468 000	335 000	−7 000
Total Assets	1 979 000	5 975 000	8 466 000
Total Equity	1 796 000	1 328 000	993 000

Income (NOK)	2022	2021	2020
Revenue	6 500 000	17 127 000	0
Expenditure	6 383 000	16 402 000	7 000
Operating Profit	117 000	724 000	−7 000
Financial Income	422 000	2 000	0
Financial Costs	44 000	297 000	0
Financial Balance	378 000	−295 000	0
Earnings Before Tax	495 000	429 000	−7 000
Tax	27 000	94 000	0
Net Income	468 000	335 000	−7 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 903 000	659 000	0
Total Current Assets	76 000	5 315 000	8 466 000
Total Assets	1 979 000	5 975 000	8 466 000
Total Retained Equity	796 000	0	−7 000
Total Equity	1 796 000	1 328 000	993 000
Total Long-Term Debt	150 000	3 898 000	3 000 000
Total Current Debt	33 000	749 000	4 473 000
Total Equity and Debt	1 979 000	5 975 000	8 466 000

Cash flow (NOK)	2022	2021	2020
Sales Income	6 500 000	17 127 000	0
Other Income	0	0	0
Revenue	6 500 000	17 127 000	0
Cost of Goods Sold	6 344 000	16 059 000	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	6 383 000	16 402 000	7 000
Operating Profit	117 000	724 000	−7 000
Financial Income	422 000	2 000	0
Financial Costs	44 000	297 000	0
Financial Balance	378 000	−295 000	0
Dividends	0	0	0
Net Income	468 000	335 000	−7 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	1 903 000	659 000	0
Total Fixed Assets	1 903 000	659 000	0
Stock	0	5 285 000	8 419 000
Total Investments	0	0	0
Cash, Bank	48 000	31 000	47 000
Total Current Assets	76 000	5 315 000	8 466 000
Total Assets	1 979 000	5 975 000	8 466 000
Total Equity	1 796 000	1 328 000	993 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	150 000	3 898 000	3 000 000
Creditors	5 000	4 000	1 660 000
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	0	650 000	2 813 000
Total Current Debt	33 000	749 000	4 473 000
Total Equity and Debt	1 979 000	5 975 000	8 466 000

Financial indicators	2022	2021	2020
Return on Equity	26,06 %	25,23 %	−0,7 %
Debt-to-Equity Ratio	0,08	2,94	3,02
Operating Profit Margin	1,8 %	4,23 %	-
Current Ratio	2,3	7,1	1,89
Quick Ratio	2,3	−1,17	−2,15
Equity Ratio	0,91	0,22	0,12
Gross Profit Margin	2,4 %	6,24 %	-