AXIA AS

1738 BORGENHAUGEN

Finances

Return on Equity

66,91 %

Current Ratio

0,87

Debt-to-Equity Ratio

0,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	45 003 000	43 499 000	39 531 000	38 442 000
Net Income	4 557 000	4 044 000	4 787 000	5 133 000
Total Assets	34 218 000	32 315 000	29 688 000	29 074 000
Total Equity	6 811 000	6 254 000	6 210 000	5 422 000

Income (NOK)	2022	2021	2020	2019
Revenue	45 003 000	43 499 000	39 531 000	38 442 000
Expenditure	39 105 000	38 227 000	33 322 000	31 847 000
Operating Profit	5 899 000	5 272 000	6 209 000	6 594 000
Financial Income	59 000	20 000	19 000	10 000
Financial Costs	101 000	90 000	85 000	7 000
Financial Balance	−42 000	−70 000	−66 000	3 000
Earnings Before Tax	5 857 000	5 203 000	6 144 000	6 598 000
Tax	1 300 000	1 159 000	1 356 000	1 464 000
Net Income	4 557 000	4 044 000	4 787 000	5 133 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 980 000	12 269 000	12 559 000	10 040 000
Total Current Assets	22 238 000	20 046 000	17 129 000	19 034 000
Total Assets	34 218 000	32 315 000	29 688 000	29 074 000
Total Retained Equity	5 965 000	5 408 000	5 364 000	4 577 000
Total Equity	6 811 000	6 254 000	6 210 000	5 422 000
Total Long-Term Debt	1 862 000	2 137 000	2 420 000	0
Total Current Debt	25 545 000	23 924 000	21 058 000	23 652 000
Total Equity and Debt	34 218 000	32 315 000	29 688 000	29 074 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	45 003 000	43 499 000	39 531 000	38 442 000
Other Income	0	0	0	0
Revenue	45 003 000	43 499 000	39 531 000	38 442 000
Cost of Goods Sold	18 830 000	19 198 000	16 335 000	14 685 000
Salary Costs	14 988 000	14 023 000	12 618 000	12 932 000
Depreciation	290 000	290 000	290 000	0
Impairment	0	0	0	0
Expenditure	39 105 000	38 227 000	33 322 000	31 847 000
Operating Profit	5 899 000	5 272 000	6 209 000	6 594 000
Financial Income	59 000	20 000	19 000	10 000
Financial Costs	101 000	90 000	85 000	7 000
Financial Balance	−42 000	−70 000	−66 000	3 000
Dividends	4 000 000	4 000 000	4 000 000	4 000 000
Net Income	4 557 000	4 044 000	4 787 000	5 133 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	29 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 791 000	2 081 000	2 370 000	0
Total Tangible Assets	1 791 000	2 081 000	2 370 000	0
Total Fiancial Fixed Assets	10 189 000	10 189 000	10 189 000	10 011 000
Total Fixed Assets	11 980 000	12 269 000	12 559 000	10 040 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 746 000	2 510 000	2 097 000	920 000
Total Current Assets	22 238 000	20 046 000	17 129 000	19 034 000
Total Assets	34 218 000	32 315 000	29 688 000	29 074 000
Total Equity	6 811 000	6 254 000	6 210 000	5 422 000
Short-Term Group Debt	4 969 000	1 969 000	2 484 000	1 484 000
Total Long-Term Debt	1 862 000	2 137 000	2 420 000	0
Creditors	10 493 000	12 115 000	8 840 000	12 682 000
Unpaid Taxes	1 331 000	1 425 000	1 370 000	1 235 000
Dividends	4 000 000	4 000 000	4 000 000	4 000 000
Other Current Debt	3 443 000	3 239 000	3 062 000	2 639 000
Total Current Debt	25 545 000	23 924 000	21 058 000	23 652 000
Total Equity and Debt	34 218 000	32 315 000	29 688 000	29 074 000

Financial indicators	2022	2021	2020	2019
Return on Equity	66,91 %	64,66 %	77,09 %	94,67 %
Debt-to-Equity Ratio	0,27	0,34	0,39	0
Operating Profit Margin	13,11 %	12,12 %	15,71 %	17,15 %
Current Ratio	0,87	0,84	0,81	0,8
Quick Ratio	0,87	0,84	0,81	0,8
Equity Ratio	0,2	0,19	0,21	0,19
Gross Profit Margin	58,16 %	55,87 %	58,68 %	61,8 %