AXNES AS

4886 GRIMSTAD

Finances

Share Ownership

Return on Equity

−88,24 %

Current Ratio

5,46

Debt-to-Equity Ratio

2,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	59 652 000	73 181 000	80 086 000	41 091 000
Net Income	−26 332 000	−15 400 000	6 215 000	−9 986 000
Total Assets	105 798 000	105 580 000	111 123 000	86 905 000
Total Equity	29 841 000	26 113 000	25 198 000	18 979 000

Income (NOK)	2022	2021	2020	2019
Revenue	59 652 000	73 181 000	80 086 000	41 091 000
Expenditure	89 201 000	88 370 000	68 814 000	50 998 000
Operating Profit	−29 548 000	−15 188 000	11 273 000	−9 907 000
Financial Income	2 098 000	2 187 000	4 713 000	834 000
Financial Costs	5 724 000	6 795 000	6 863 000	4 166 000
Financial Balance	−3 626 000	−4 608 000	−2 150 000	−3 332 000
Earnings Before Tax	−33 174 000	−19 797 000	9 123 000	−13 239 000
Tax	−6 842 000	−4 397 000	2 908 000	−3 253 000
Net Income	−26 332 000	−15 400 000	6 215 000	−9 986 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	33 402 000	40 608 000	34 314 000	32 303 000
Total Current Assets	72 396 000	64 972 000	76 809 000	54 602 000
Total Assets	105 798 000	105 580 000	111 123 000	86 905 000
Total Retained Equity	−26 332 000	0	6 219 000	0
Total Equity	29 841 000	26 113 000	25 198 000	18 979 000
Total Long-Term Debt	62 698 000	61 233 000	74 727 000	60 813 000
Total Current Debt	13 259 000	18 234 000	11 199 000	7 112 000
Total Equity and Debt	105 798 000	105 580 000	111 123 000	86 905 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	59 652 000	73 181 000	80 086 000	41 091 000
Other Income	0	0	0	0
Revenue	59 652 000	73 181 000	80 086 000	41 091 000
Cost of Goods Sold	16 272 000	17 806 000	16 123 000	10 180 000
Salary Costs	22 521 000	20 924 000	15 861 000	13 020 000
Depreciation	5 516 000	5 422 000	4 918 000	3 248 000
Impairment	0	0	0	0
Expenditure	89 201 000	88 370 000	68 814 000	50 998 000
Operating Profit	−29 548 000	−15 188 000	11 273 000	−9 907 000
Financial Income	2 098 000	2 187 000	4 713 000	834 000
Financial Costs	5 724 000	6 795 000	6 863 000	4 166 000
Financial Balance	−3 626 000	−4 608 000	−2 150 000	−3 332 000
Dividends	0	0	0	0
Net Income	−26 332 000	−15 400 000	6 215 000	−9 986 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	32 989 000	40 001 000	32 737 000	30 776 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	404 000	599 000	1 576 000	1 526 000
Total Tangible Assets	404 000	599 000	1 576 000	1 526 000
Total Fiancial Fixed Assets	9 000	9 000	1 000	1 000
Total Fixed Assets	33 402 000	40 608 000	34 314 000	32 303 000
Stock	20 814 000	19 222 000	12 616 000	7 721 000
Total Investments	0	0	0	0
Cash, Bank	11 328 000	4 292 000	19 422 000	7 574 000
Total Current Assets	72 396 000	64 972 000	76 809 000	54 602 000
Total Assets	105 798 000	105 580 000	111 123 000	86 905 000
Total Equity	29 841 000	26 113 000	25 198 000	18 979 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	62 698 000	61 233 000	74 727 000	60 813 000
Creditors	5 643 000	7 902 000	5 774 000	2 617 000
Unpaid Taxes	2 076 000	1 932 000	1 434 000	1 468 000
Dividends	0	0	0	0
Other Current Debt	5 540 000	8 400 000	3 991 000	3 027 000
Total Current Debt	13 259 000	18 234 000	11 199 000	7 112 000
Total Equity and Debt	105 798 000	105 580 000	111 123 000	86 905 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−88,24 %	−58,97 %	24,66 %	−52,62 %
Debt-to-Equity Ratio	2,1	2,34	2,97	3,2
Operating Profit Margin	−49,53 %	−20,75 %	14,08 %	−24,11 %
Current Ratio	5,46	3,56	6,86	7,68
Quick Ratio	−9,58	−65,76	−54,21	−89,66
Equity Ratio	0,28	0,25	0,23	0,22
Gross Profit Margin	72,72 %	75,67 %	79,87 %	75,23 %