AXIA APPLICATIONS AS

1738 BORGENHAUGEN

Finances

Share Ownership

Return on Equity

−35,22 %

Current Ratio

2,07

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 558 000	4 153 000	5 474 000	6 485 000
Net Income	−474 000	225 000	451 000	606 000
Total Assets	2 602 000	2 504 000	3 062 000	3 270 000
Total Equity	1 346 000	1 346 000	1 346 000	1 394 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 558 000	4 153 000	5 474 000	6 485 000
Expenditure	4 166 000	3 866 000	4 909 000	5 661 000
Operating Profit	−609 000	288 000	566 000	823 000
Financial Income	1 000	0	9 000	1 000
Financial Costs	0	0	0	36 000
Financial Balance	1 000	0	9 000	−35 000
Earnings Before Tax	−608 000	288 000	576 000	787 000
Tax	−134 000	63 000	125 000	181 000
Net Income	−474 000	225 000	451 000	606 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	2 602 000	2 504 000	3 062 000	3 270 000
Total Assets	2 602 000	2 504 000	3 062 000	3 270 000
Total Retained Equity	340 000	815 000	815 000	863 000
Total Equity	1 346 000	1 346 000	1 346 000	1 394 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 256 000	1 158 000	1 716 000	1 876 000
Total Equity and Debt	2 602 000	2 504 000	3 062 000	3 270 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 558 000	4 153 000	5 474 000	6 485 000
Other Income	0	0	0	0
Revenue	3 558 000	4 153 000	5 474 000	6 485 000
Cost of Goods Sold	1 304 000	672 000	626 000	872 000
Salary Costs	2 119 000	2 542 000	3 448 000	3 835 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	4 166 000	3 866 000	4 909 000	5 661 000
Operating Profit	−609 000	288 000	566 000	823 000
Financial Income	1 000	0	9 000	1 000
Financial Costs	0	0	0	36 000
Financial Balance	1 000	0	9 000	−35 000
Dividends	0	0	57 000	0
Net Income	−474 000	225 000	451 000	606 000

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	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	878 000	1 490 000	1 282 000	1 615 000
Total Current Assets	2 602 000	2 504 000	3 062 000	3 270 000
Total Assets	2 602 000	2 504 000	3 062 000	3 270 000
Total Equity	1 346 000	1 346 000	1 346 000	1 394 000
Short-Term Group Debt	288 000	288 000	567 000	600 000
Total Long-Term Debt	0	0	0	0
Creditors	593 000	377 000	315 000	252 000
Unpaid Taxes	153 000	248 000	473 000	516 000
Dividends	0	0	57 000	0
Other Current Debt	222 000	245 000	361 000	459 000
Total Current Debt	1 256 000	1 158 000	1 716 000	1 876 000
Total Equity and Debt	2 602 000	2 504 000	3 062 000	3 270 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−35,22 %	16,72 %	33,51 %	43,47 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−17,12 %	6,93 %	10,34 %	12,69 %
Current Ratio	2,07	2,16	1,78	1,74
Quick Ratio	2,07	2,16	1,78	1,74
Equity Ratio	0,52	0,54	0,44	0,43
Gross Profit Margin	63,35 %	83,82 %	88,56 %	86,55 %