AXI AS

2005 RÆLINGEN

Finances

Share Ownership

Return on Equity

45,89 %

Current Ratio

1,55

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 010 000	6 416 000	7 081 000	7 504 000
Net Income	536 000	348 000	782 000	85 000
Total Assets	2 863 000	3 180 000	2 820 000	1 960 000
Total Equity	1 168 000	1 132 000	1 784 000	1 002 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 010 000	6 416 000	7 081 000	7 504 000
Expenditure	6 293 000	5 996 000	6 068 000	7 382 000
Operating Profit	717 000	419 000	1 013 000	122 000
Financial Income	3 000	33 000	11 000	6 000
Financial Costs	26 000	11 000	22 000	17 000
Financial Balance	−23 000	22 000	−11 000	−11 000
Earnings Before Tax	694 000	442 000	1 002 000	111 000
Tax	158 000	94 000	220 000	26 000
Net Income	536 000	348 000	782 000	85 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	290 000	360 000	414 000	623 000
Total Current Assets	2 572 000	2 820 000	2 406 000	1 337 000
Total Assets	2 863 000	3 180 000	2 820 000	1 960 000
Total Retained Equity	1 008 000	972 000	1 624 000	842 000
Total Equity	1 168 000	1 132 000	1 784 000	1 002 000
Total Long-Term Debt	30 000	33 000	39 000	26 000
Total Current Debt	1 664 000	2 015 000	998 000	932 000
Total Equity and Debt	2 863 000	3 180 000	2 820 000	1 960 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 010 000	6 368 000	6 907 000	7 470 000
Other Income	0	47 000	175 000	34 000
Revenue	7 010 000	6 416 000	7 081 000	7 504 000
Cost of Goods Sold	3 018 000	2 942 000	2 933 000	3 451 000
Salary Costs	2 334 000	2 112 000	1 933 000	2 545 000
Depreciation	69 000	85 000	87 000	97 000
Impairment	0	0	0	0
Expenditure	6 293 000	5 996 000	6 068 000	7 382 000
Operating Profit	717 000	419 000	1 013 000	122 000
Financial Income	3 000	33 000	11 000	6 000
Financial Costs	26 000	11 000	22 000	17 000
Financial Balance	−23 000	22 000	−11 000	−11 000
Dividends	500 000	1 000 000	0	0
Net Income	536 000	348 000	782 000	85 000

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	290 000	360 000	414 000	623 000
Total Tangible Assets	290 000	360 000	414 000	623 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	290 000	360 000	414 000	623 000
Stock	0	0	0	0
Total Investments	0	521 000	0	0
Cash, Bank	1 548 000	1 677 000	1 945 000	814 000
Total Current Assets	2 572 000	2 820 000	2 406 000	1 337 000
Total Assets	2 863 000	3 180 000	2 820 000	1 960 000
Total Equity	1 168 000	1 132 000	1 784 000	1 002 000
Short-Term Group Debt	0	0	0	200 000
Total Long-Term Debt	30 000	33 000	39 000	26 000
Creditors	447 000	390 000	158 000	217 000
Unpaid Taxes	367 000	331 000	359 000	263 000
Dividends	500 000	1 000 000	0	0
Other Current Debt	190 000	195 000	273 000	252 000
Total Current Debt	1 664 000	2 015 000	998 000	932 000
Total Equity and Debt	2 863 000	3 180 000	2 820 000	1 960 000

Financial indicators	2022	2021	2020	2019
Return on Equity	45,89 %	30,74 %	43,83 %	8,48 %
Debt-to-Equity Ratio	0,03	0,03	0,02	0,03
Operating Profit Margin	10,23 %	6,53 %	14,31 %	1,63 %
Current Ratio	1,55	1,4	2,41	1,43
Quick Ratio	1,55	1,4	2,41	1,43
Equity Ratio	0,41	0,36	0,63	0,51
Gross Profit Margin	56,95 %	54,15 %	58,58 %	54,01 %