AXIA UTVIKLING AS

1738 BORGENHAUGEN

Finances

Share Ownership

Return on Equity

107,76 %

Current Ratio

1,36

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 728 000	16 440 000	13 892 000	12 564 000
Net Income	3 682 000	5 788 000	4 346 000	2 763 000
Total Assets	12 798 000	13 296 000	10 489 000	16 134 000
Total Equity	3 417 000	3 417 000	3 305 000	3 245 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 728 000	16 440 000	13 892 000	12 564 000
Expenditure	12 955 000	10 733 000	9 740 000	10 571 000
Operating Profit	4 773 000	5 707 000	4 151 000	1 993 000
Financial Income	0	0	1 000	1 000
Financial Costs	52 000	11 000	8 000	0
Financial Balance	−52 000	−11 000	−7 000	1 000
Earnings Before Tax	4 721 000	5 697 000	4 144 000	1 993 000
Tax	1 039 000	−91 000	−202 000	−770 000
Net Income	3 682 000	5 788 000	4 346 000	2 763 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	12 798 000	13 296 000	10 489 000	16 134 000
Total Assets	12 798 000	13 296 000	10 489 000	16 134 000
Total Retained Equity	0	0	0	24 000
Total Equity	3 417 000	3 417 000	3 305 000	3 245 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	9 380 000	9 879 000	7 184 000	12 889 000
Total Equity and Debt	12 798 000	13 296 000	10 489 000	16 134 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 728 000	16 440 000	13 892 000	12 564 000
Other Income	0	0	0	0
Revenue	17 728 000	16 440 000	13 892 000	12 564 000
Cost of Goods Sold	0	0	0	0
Salary Costs	10 381 000	8 583 000	7 626 000	8 009 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	12 955 000	10 733 000	9 740 000	10 571 000
Operating Profit	4 773 000	5 707 000	4 151 000	1 993 000
Financial Income	0	0	1 000	1 000
Financial Costs	52 000	11 000	8 000	0
Financial Balance	−52 000	−11 000	−7 000	1 000
Dividends	0	0	0	0
Net Income	3 682 000	5 788 000	4 346 000	2 763 000

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	1 168 000	294 000	894 000	675 000
Total Current Assets	12 798 000	13 296 000	10 489 000	16 134 000
Total Assets	12 798 000	13 296 000	10 489 000	16 134 000
Total Equity	3 417 000	3 417 000	3 305 000	3 245 000
Short-Term Group Debt	5 047 000	6 326 000	5 000 000	9 000 000
Total Long-Term Debt	0	0	0	0
Creditors	2 021 000	399 000	204 000	2 291 000
Unpaid Taxes	1 335 000	1 084 000	1 208 000	891 000
Dividends	0	0	0	0
Other Current Debt	977 000	830 000	772 000	707 000
Total Current Debt	9 380 000	9 879 000	7 184 000	12 889 000
Total Equity and Debt	12 798 000	13 296 000	10 489 000	16 134 000

Financial indicators	2022	2021	2020	2019
Return on Equity	107,76 %	169,39 %	131,5 %	85,15 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	26,92 %	34,71 %	29,88 %	15,86 %
Current Ratio	1,36	1,35	1,46	1,25
Quick Ratio	1,36	1,35	1,46	1,25
Equity Ratio	0,27	0,26	0,32	0,2
Gross Profit Margin	100 %	100 %	100 %	100 %