AZETS DOCUMENT SOLUTIONS AS

7898 LIMINGEN

Finances

Share Ownership

Return on Equity

99,85 %

Current Ratio

1,31

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	47 086 000	48 385 000	50 595 000	47 934 000
Net Income	4 668 000	11 227 000	13 258 000	12 544 000
Total Assets	17 138 000	26 298 000	28 776 000	27 086 000
Total Equity	4 675 000	4 781 000	4 952 000	5 096 000

Income (NOK)	2022	2021	2020	2019
Revenue	47 086 000	48 385 000	50 595 000	47 934 000
Expenditure	40 788 000	33 985 000	33 774 000	31 982 000
Operating Profit	6 298 000	14 399 000	16 821 000	15 952 000
Financial Income	121 000	147 000	355 000	286 000
Financial Costs	427 000	150 000	179 000	162 000
Financial Balance	−306 000	−3 000	176 000	124 000
Earnings Before Tax	5 992 000	14 397 000	16 998 000	16 076 000
Tax	1 324 000	3 170 000	3 740 000	3 532 000
Net Income	4 668 000	11 227 000	13 258 000	12 544 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	769 000	758 000	1 193 000	1 333 000
Total Current Assets	16 369 000	25 539 000	27 583 000	25 752 000
Total Assets	17 138 000	26 298 000	28 776 000	27 086 000
Total Retained Equity	3 952 000	4 057 000	4 228 000	4 373 000
Total Equity	4 675 000	4 781 000	4 952 000	5 096 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	12 463 000	21 517 000	23 824 000	21 989 000
Total Equity and Debt	17 138 000	26 298 000	28 776 000	27 086 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	47 086 000	48 385 000	50 595 000	47 934 000
Other Income	0	0	0	0
Revenue	47 086 000	48 385 000	50 595 000	47 934 000
Cost of Goods Sold	9 498 000	7 348 000	8 116 000	7 575 000
Salary Costs	10 698 000	7 243 000	8 712 000	8 190 000
Depreciation	599 000	661 000	621 000	299 000
Impairment	0	0	0	0
Expenditure	40 788 000	33 985 000	33 774 000	31 982 000
Operating Profit	6 298 000	14 399 000	16 821 000	15 952 000
Financial Income	121 000	147 000	355 000	286 000
Financial Costs	427 000	150 000	179 000	162 000
Financial Balance	−306 000	−3 000	176 000	124 000
Dividends	0	0	0	0
Net Income	4 668 000	11 227 000	13 258 000	12 544 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	102 000	79 000	35 000	−6 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	667 000	679 000	1 158 000	1 339 000
Total Tangible Assets	667 000	679 000	1 158 000	1 339 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	769 000	758 000	1 193 000	1 333 000
Stock	4 000	3 000	14 000	23 000
Total Investments	10 423 000	19 768 000	21 777 000	16 446 000
Cash, Bank	175 000	86 000	107 000	101 000
Total Current Assets	16 369 000	25 539 000	27 583 000	25 752 000
Total Assets	17 138 000	26 298 000	28 776 000	27 086 000
Total Equity	4 675 000	4 781 000	4 952 000	5 096 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 405 000	3 263 000	2 276 000	2 998 000
Unpaid Taxes	1 011 000	953 000	675 000	832 000
Dividends	0	0	0	0
Other Current Debt	8 048 000	17 301 000	20 872 000	18 159 000
Total Current Debt	12 463 000	21 517 000	23 824 000	21 989 000
Total Equity and Debt	17 138 000	26 298 000	28 776 000	27 086 000

Financial indicators	2022	2021	2020	2019
Return on Equity	99,85 %	234,83 %	267,73 %	246,15 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	13,38 %	29,76 %	33,25 %	33,28 %
Current Ratio	1,31	1,19	1,16	1,17
Quick Ratio	1,31	1,19	1,16	1,17
Equity Ratio	0,27	0,18	0,17	0,19
Gross Profit Margin	79,83 %	84,81 %	83,96 %	84,2 %