SAXOFØN AS

6413 MOLDE

Finances

Return on Equity

59,17 %

Current Ratio

1,11

Debt-to-Equity Ratio

−2,44

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 025 000	4 811 000	4 237 000	4 632 000
Net Income	−71 000	−78 000	232 000	−9 000
Total Assets	984 000	1 120 000	1 362 000	1 185 000
Total Equity	−120 000	−48 000	100 000	197 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 025 000	4 811 000	4 237 000	4 632 000
Expenditure	5 100 000	4 899 000	3 975 000	4 631 000
Operating Profit	−76 000	−88 000	262 000	1 000
Financial Income	0	0	0	1 000
Financial Costs	16 000	13 000	11 000	13 000
Financial Balance	−16 000	−13 000	−11 000	−12 000
Earnings Before Tax	−92 000	−101 000	251 000	−11 000
Tax	−20 000	−22 000	20 000	−2 000
Net Income	−71 000	−78 000	232 000	−9 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	86 000	126 000	118 000	248 000
Total Current Assets	897 000	994 000	1 243 000	937 000
Total Assets	984 000	1 120 000	1 362 000	1 185 000
Total Retained Equity	−150 000	−78 000	0	97 000
Total Equity	−120 000	−48 000	100 000	197 000
Total Long-Term Debt	293 000	381 000	149 000	198 000
Total Current Debt	811 000	788 000	1 113 000	790 000
Total Equity and Debt	984 000	1 120 000	1 362 000	1 185 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 025 000	4 811 000	4 160 000	4 632 000
Other Income	0	0	77 000	0
Revenue	5 025 000	4 811 000	4 237 000	4 632 000
Cost of Goods Sold	775 000	539 000	495 000	480 000
Salary Costs	3 564 000	3 429 000	2 768 000	3 464 000
Depreciation	60 000	68 000	60 000	60 000
Impairment	0	0	0	0
Expenditure	5 100 000	4 899 000	3 975 000	4 631 000
Operating Profit	−76 000	−88 000	262 000	1 000
Financial Income	0	0	0	1 000
Financial Costs	16 000	13 000	11 000	13 000
Financial Balance	−16 000	−13 000	−11 000	−12 000
Dividends	0	0	196 000	0
Net Income	−71 000	−78 000	232 000	−9 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	45 000	25 000	3 000	52 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	40 000	100 000	109 000	195 000
Total Tangible Assets	40 000	100 000	109 000	195 000
Total Fiancial Fixed Assets	1 000	1 000	6 000	1 000
Total Fixed Assets	86 000	126 000	118 000	248 000
Stock	281 000	281 000	189 000	194 000
Total Investments	0	0	0	0
Cash, Bank	606 000	556 000	903 000	618 000
Total Current Assets	897 000	994 000	1 243 000	937 000
Total Assets	984 000	1 120 000	1 362 000	1 185 000
Total Equity	−120 000	−48 000	100 000	197 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	293 000	381 000	149 000	198 000
Creditors	80 000	89 000	151 000	64 000
Unpaid Taxes	417 000	389 000	261 000	235 000
Dividends	0	0	196 000	0
Other Current Debt	314 000	309 000	498 000	491 000
Total Current Debt	811 000	788 000	1 113 000	790 000
Total Equity and Debt	984 000	1 120 000	1 362 000	1 185 000

Financial indicators	2022	2021	2020	2019
Return on Equity	59,17 %	162,5 %	232 %	−4,57 %
Debt-to-Equity Ratio	−2,44	−7,94	1,49	1,01
Operating Profit Margin	−1,51 %	−1,83 %	6,18 %	0,02 %
Current Ratio	1,11	1,26	1,12	1,19
Quick Ratio	1,69	1,96	1,35	1,57
Equity Ratio	−0,12	−0,04	0,07	0,17
Gross Profit Margin	84,58 %	88,8 %	88,32 %	89,64 %