AXICON AS

1461 LØRENSKOG

Finances

Share Ownership

Return on Equity

87,02 %

Current Ratio

1,82

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	49 308 000	46 020 000	29 646 000	44 246 000
Net Income	12 479 000	15 728 000	6 227 000	14 386 000
Total Assets	31 742 000	33 280 000	17 910 000	37 505 000
Total Equity	14 341 000	10 862 000	7 133 000	7 107 000

Income (NOK)	2022	2021	2020	2019
Revenue	49 308 000	46 020 000	29 646 000	44 246 000
Expenditure	32 608 000	26 019 000	21 765 000	26 098 000
Operating Profit	16 700 000	20 001 000	7 880 000	18 147 000
Financial Income	372 000	57 000	148 000	352 000
Financial Costs	876 000	0	10 000	3 000
Financial Balance	−504 000	57 000	138 000	349 000
Earnings Before Tax	16 196 000	20 059 000	8 018 000	18 495 000
Tax	3 717 000	4 330 000	1 792 000	4 110 000
Net Income	12 479 000	15 728 000	6 227 000	14 386 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	134 000	110 000	110 000	110 000
Total Current Assets	31 608 000	33 170 000	17 800 000	37 395 000
Total Assets	31 742 000	33 280 000	17 910 000	37 505 000
Total Retained Equity	14 241 000	10 762 000	7 033 000	7 007 000
Total Equity	14 341 000	10 862 000	7 133 000	7 107 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	17 401 000	22 418 000	10 776 000	30 398 000
Total Equity and Debt	31 742 000	33 280 000	17 910 000	37 505 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	49 308 000	46 020 000	29 646 000	44 246 000
Other Income	0	0	0	0
Revenue	49 308 000	46 020 000	29 646 000	44 246 000
Cost of Goods Sold	22 878 000	18 830 000	15 299 000	19 722 000
Salary Costs	7 236 000	5 700 000	4 301 000	4 619 000
Depreciation	11 000	0	0	0
Impairment	0	0	0	0
Expenditure	32 608 000	26 019 000	21 765 000	26 098 000
Operating Profit	16 700 000	20 001 000	7 880 000	18 147 000
Financial Income	372 000	57 000	148 000	352 000
Financial Costs	876 000	0	10 000	3 000
Financial Balance	−504 000	57 000	138 000	349 000
Dividends	9 000 000	12 000 000	6 200 000	20 000 000
Net Income	12 479 000	15 728 000	6 227 000	14 386 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	111 000	110 000	110 000	110 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	23 000	0	0	0
Total Tangible Assets	23 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	134 000	110 000	110 000	110 000
Stock	5 599 000	4 106 000	6 653 000	5 200 000
Total Investments	0	0	0	0
Cash, Bank	25 286 000	27 815 000	8 738 000	31 128 000
Total Current Assets	31 608 000	33 170 000	17 800 000	37 395 000
Total Assets	31 742 000	33 280 000	17 910 000	37 505 000
Total Equity	14 341 000	10 862 000	7 133 000	7 107 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	865 000	1 448 000	863 000	996 000
Unpaid Taxes	2 741 000	3 462 000	707 000	2 023 000
Dividends	9 000 000	12 000 000	6 200 000	20 000 000
Other Current Debt	1 181 000	1 269 000	1 331 000	3 437 000
Total Current Debt	17 401 000	22 418 000	10 776 000	30 398 000
Total Equity and Debt	31 742 000	33 280 000	17 910 000	37 505 000

Financial indicators	2022	2021	2020	2019
Return on Equity	87,02 %	144,8 %	87,3 %	202,42 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	33,87 %	43,46 %	26,58 %	41,01 %
Current Ratio	1,82	1,48	1,65	1,23
Quick Ratio	2,68	1,81	4,32	1,48
Equity Ratio	0,45	0,33	0,4	0,19
Gross Profit Margin	53,6 %	59,08 %	48,39 %	55,43 %