AXEL ANDERSEN AS

3045 DRAMMEN

Finances

Return on Equity

19,07 %

Current Ratio

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	794 164 000	871 947 000	748 308 000	752 576 000
Net Income	12 058 000	21 595 000	14 364 000	5 505 000
Total Assets	115 307 000	91 358 000	87 066 000	64 663 000
Total Equity	63 229 000	51 171 000	36 576 000	45 513 000

Income (NOK)	2022	2021	2020	2019
Revenue	794 164 000	871 947 000	748 308 000	752 576 000
Expenditure	778 379 000	844 235 000	730 163 000	745 652 000
Operating Profit	15 785 000	27 712 000	18 145 000	6 924 000
Financial Income	118 000	217 000	337 000	209 000
Financial Costs	404 000	193 000	55 000	59 000
Financial Balance	−286 000	24 000	282 000	150 000
Earnings Before Tax	15 499 000	27 737 000	18 427 000	7 074 000
Tax	3 441 000	6 142 000	4 064 000	1 569 000
Net Income	12 058 000	21 595 000	14 364 000	5 505 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 431 000	13 831 000	15 963 000	13 047 000
Total Current Assets	103 877 000	77 527 000	71 103 000	51 615 000
Total Assets	115 307 000	91 358 000	87 066 000	64 663 000
Total Retained Equity	61 281 000	49 223 000	34 628 000	43 564 000
Total Equity	63 229 000	51 171 000	36 576 000	45 513 000
Total Long-Term Debt	100 000	205 000	517 000	482 000
Total Current Debt	51 978 000	39 981 000	49 972 000	18 668 000
Total Equity and Debt	115 307 000	91 358 000	87 066 000	64 663 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	794 098 000	871 876 000	747 975 000	752 401 000
Other Income	66 000	71 000	334 000	175 000
Revenue	794 164 000	871 947 000	748 308 000	752 576 000
Cost of Goods Sold	718 635 000	784 028 000	676 448 000	682 965 000
Salary Costs	30 558 000	29 000 000	28 809 000	28 242 000
Depreciation	3 115 000	3 784 000	2 611 000	2 627 000
Impairment	0	0	0	0
Expenditure	778 379 000	844 235 000	730 163 000	745 652 000
Operating Profit	15 785 000	27 712 000	18 145 000	6 924 000
Financial Income	118 000	217 000	337 000	209 000
Financial Costs	404 000	193 000	55 000	59 000
Financial Balance	−286 000	24 000	282 000	150 000
Dividends	0	0	0	1 200 000
Net Income	12 058 000	21 595 000	14 364 000	5 505 000

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	7 901 000	9 109 000	9 824 000	7 251 000
Fixtures	2 092 000	2 816 000	3 764 000	2 953 000
Total Tangible Assets	11 401 000	13 801 000	15 933 000	13 017 000
Total Fiancial Fixed Assets	30 000	30 000	30 000	30 000
Total Fixed Assets	11 431 000	13 831 000	15 963 000	13 047 000
Stock	63 511 000	33 450 000	22 951 000	18 537 000
Total Investments	0	0	0	0
Cash, Bank	1 002 000	17 609 000	24 550 000	14 077 000
Total Current Assets	103 877 000	77 527 000	71 103 000	51 615 000
Total Assets	115 307 000	91 358 000	87 066 000	64 663 000
Total Equity	63 229 000	51 171 000	36 576 000	45 513 000
Short-Term Group Debt	4 068 000	8 227 000	22 422 000	2 020 000
Total Long-Term Debt	100 000	205 000	517 000	482 000
Creditors	19 594 000	22 296 000	14 723 000	7 103 000
Unpaid Taxes	4 961 000	−361 000	689 000	2 590 000
Dividends	0	0	0	1 200 000
Other Current Debt	18 047 000	3 366 000	6 111 000	3 641 000
Total Current Debt	51 978 000	39 981 000	49 972 000	18 668 000
Total Equity and Debt	115 307 000	91 358 000	87 066 000	64 663 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,07 %	42,2 %	39,27 %	12,1 %
Debt-to-Equity Ratio	0	0	0,01	0,01
Operating Profit Margin	1,99 %	3,18 %	2,42 %	0,92 %
Current Ratio	2	1,94	1,42	2,76
Quick Ratio	−9,01	11,87	2,63	394,01
Equity Ratio	0,55	0,56	0,42	0,7
Gross Profit Margin	9,51 %	10,08 %	9,6 %	9,25 %