AXION AS

7900 RØRVIK

Finances

Return on Equity

2,29 %

Current Ratio

107,42

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	360 000	764 000	31 000	211 000
Net Income	502 000	697 000	150 000	20 974 000
Total Assets	22 171 000	23 870 000	23 501 000	30 948 000
Total Equity	21 966 000	23 684 000	22 986 000	30 316 000

Income (NOK)	2022	2021	2020	2019
Revenue	360 000	764 000	31 000	211 000
Expenditure	94 000	7 000	153 000	245 000
Operating Profit	267 000	757 000	−122 000	−34 000
Financial Income	377 000	137 000	315 000	21 024 000
Financial Costs	0	0	0	0
Financial Balance	377 000	137 000	315 000	21 024 000
Earnings Before Tax	644 000	894 000	193 000	20 990 000
Tax	142 000	197 000	42 000	16 000
Net Income	502 000	697 000	150 000	20 974 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	150 000	310 000	1 152 000	1 313 000
Total Current Assets	22 021 000	23 561 000	22 349 000	29 636 000
Total Assets	22 171 000	23 870 000	23 501 000	30 948 000
Total Retained Equity	21 834 000	21 331 000	20 634 000	27 213 000
Total Equity	21 966 000	23 684 000	22 986 000	30 316 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	205 000	187 000	515 000	632 000
Total Equity and Debt	22 171 000	23 870 000	23 501 000	30 948 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	360 000	764 000	17 000	131 000
Other Income	0	0	14 000	80 000
Revenue	360 000	764 000	31 000	211 000
Cost of Goods Sold	0	0	0	0
Salary Costs	3 000	−390 000	0	1 000
Depreciation	119 000	119 000	119 000	119 000
Impairment	−69 000	277 000	0	0
Expenditure	94 000	7 000	153 000	245 000
Operating Profit	267 000	757 000	−122 000	−34 000
Financial Income	377 000	137 000	315 000	21 024 000
Financial Costs	0	0	0	0
Financial Balance	377 000	137 000	315 000	21 024 000
Dividends	0	0	0	0
Net Income	502 000	697 000	150 000	20 974 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	100 000	210 000	406 000	449 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	50 000	445 000	564 000
Total Tangible Assets	0	50 000	445 000	564 000
Total Fiancial Fixed Assets	50 000	50 000	300 000	300 000
Total Fixed Assets	150 000	310 000	1 152 000	1 313 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	21 946 000	23 561 000	22 349 000	29 487 000
Total Current Assets	22 021 000	23 561 000	22 349 000	29 636 000
Total Assets	22 171 000	23 870 000	23 501 000	30 948 000
Total Equity	21 966 000	23 684 000	22 986 000	30 316 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	85 000	82 000	66 000	177 000
Unpaid Taxes	88 000	104 000	29 000	35 000
Dividends	0	0	0	0
Other Current Debt	0	0	420 000	420 000
Total Current Debt	205 000	187 000	515 000	632 000
Total Equity and Debt	22 171 000	23 870 000	23 501 000	30 948 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,29 %	2,94 %	0,65 %	69,18 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	74,17 %	99,08 %	−393,55 %	−16,11 %
Current Ratio	107,42	125,99	43,4	46,89
Quick Ratio	107,42	125,99	43,4	46,89
Equity Ratio	0,99	0,99	0,98	0,98
Gross Profit Margin	100 %	100 %	100 %	100 %