AZELIS NORWAY AS

2100 SKARNES

Finances

Share Ownership

Return on Equity

0,02 %

Current Ratio

4,38

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 604 000	3 917 000	2 733 000	2 015 000
Net Income	1 000	−192 000	−802 000	−307 000
Total Assets	5 776 000	5 810 000	5 855 000	6 527 000
Total Equity	4 458 000	4 457 000	4 649 000	5 451 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 604 000	3 917 000	2 733 000	2 015 000
Expenditure	4 672 000	4 118 000	3 835 000	2 840 000
Operating Profit	−69 000	−202 000	−1 102 000	−824 000
Financial Income	140 000	116 000	312 000	316 000
Financial Costs	69 000	107 000	53 000	57 000
Financial Balance	71 000	9 000	259 000	259 000
Earnings Before Tax	1 000	−192 000	−843 000	−566 000
Tax	0	0	−41 000	−259 000
Net Income	1 000	−192 000	−802 000	−307 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	5 776 000	5 810 000	5 855 000	6 527 000
Total Assets	5 776 000	5 810 000	5 855 000	6 527 000
Total Retained Equity	2 458 000	2 457 000	2 649 000	3 451 000
Total Equity	4 458 000	4 457 000	4 649 000	5 451 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 318 000	1 354 000	1 205 000	1 076 000
Total Equity and Debt	5 776 000	5 810 000	5 855 000	6 527 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	147 000	384 000	251 000	671 000
Other Income	4 457 000	3 533 000	2 482 000	1 343 000
Revenue	4 604 000	3 917 000	2 733 000	2 015 000
Cost of Goods Sold	143 000	366 000	249 000	682 000
Salary Costs	2 627 000	2 262 000	2 258 000	1 149 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	4 672 000	4 118 000	3 835 000	2 840 000
Operating Profit	−69 000	−202 000	−1 102 000	−824 000
Financial Income	140 000	116 000	312 000	316 000
Financial Costs	69 000	107 000	53 000	57 000
Financial Balance	71 000	9 000	259 000	259 000
Dividends	0	0	0	0
Net Income	1 000	−192 000	−802 000	−307 000

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	33 000	11 000	24 000	6 000
Total Investments	0	0	0	0
Cash, Bank	1 352 000	773 000	342 000	417 000
Total Current Assets	5 776 000	5 810 000	5 855 000	6 527 000
Total Assets	5 776 000	5 810 000	5 855 000	6 527 000
Total Equity	4 458 000	4 457 000	4 649 000	5 451 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	68 000	51 000	0	53 000
Unpaid Taxes	208 000	180 000	158 000	401 000
Dividends	0	0	0	0
Other Current Debt	559 000	434 000	392 000	246 000
Total Current Debt	1 318 000	1 354 000	1 205 000	1 076 000
Total Equity and Debt	5 776 000	5 810 000	5 855 000	6 527 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,02 %	−4,31 %	−17,25 %	−5,63 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−1,5 %	−5,16 %	−40,32 %	−40,89 %
Current Ratio	4,38	4,29	4,86	6,07
Quick Ratio	4,49	4,33	4,96	6,1
Equity Ratio	0,77	0,77	0,79	0,84
Gross Profit Margin	96,89 %	90,66 %	90,89 %	66,15 %