AXEL DØNNUM AS

2092 MINNESUND

Finances

Share Ownership

Return on Equity

10,73 %

Current Ratio

2,04

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 826 000	4 275 000	4 357 000	3 960 000
Net Income	215 000	222 000	572 000	52 000
Total Assets	2 673 000	2 045 000	3 213 000	2 816 000
Total Equity	2 003 000	1 787 000	2 866 000	2 293 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 826 000	4 275 000	4 357 000	3 960 000
Expenditure	2 601 000	3 988 000	3 610 000	3 875 000
Operating Profit	225 000	286 000	747 000	85 000
Financial Income	5 000	0	0	9 000
Financial Costs	14 000	2 000	14 000	26 000
Financial Balance	−9 000	−2 000	−14 000	−17 000
Earnings Before Tax	215 000	284 000	734 000	67 000
Tax	0	63 000	161 000	15 000
Net Income	215 000	222 000	572 000	52 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 301 000	1 304 000	1 389 000	1 856 000
Total Current Assets	1 372 000	741 000	1 824 000	960 000
Total Assets	2 673 000	2 045 000	3 213 000	2 816 000
Total Retained Equity	1 003 000	787 000	866 000	293 000
Total Equity	2 003 000	1 787 000	2 866 000	2 293 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	671 000	258 000	348 000	523 000
Total Equity and Debt	2 673 000	2 045 000	3 213 000	2 816 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 826 000	4 155 000	4 238 000	3 808 000
Other Income	0	120 000	120 000	152 000
Revenue	2 826 000	4 275 000	4 357 000	3 960 000
Cost of Goods Sold	1 466 000	3 063 000	2 838 000	2 781 000
Salary Costs	154 000	151 000	154 000	181 000
Depreciation	73 000	73 000	81 000	90 000
Impairment	0	0	0	0
Expenditure	2 601 000	3 988 000	3 610 000	3 875 000
Operating Profit	225 000	286 000	747 000	85 000
Financial Income	5 000	0	0	9 000
Financial Costs	14 000	2 000	14 000	26 000
Financial Balance	−9 000	−2 000	−14 000	−17 000
Dividends	0	300 000	0	0
Net Income	215 000	222 000	572 000	52 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	95 000	95 000	157 000	319 000
Real Eastate	1 136 000	1 209 000	1 232 000	1 531 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	70 000	0	0	7 000
Total Tangible Assets	1 206 000	1 209 000	1 232 000	1 537 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 301 000	1 304 000	1 389 000	1 856 000
Stock	798 000	431 000	589 000	502 000
Total Investments	0	0	0	0
Cash, Bank	47 000	52 000	454 000	13 000
Total Current Assets	1 372 000	741 000	1 824 000	960 000
Total Assets	2 673 000	2 045 000	3 213 000	2 816 000
Total Equity	2 003 000	1 787 000	2 866 000	2 293 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	498 000	50 000	99 000	60 000
Unpaid Taxes	75 000	173 000	247 000	178 000
Dividends	0	300 000	0	0
Other Current Debt	0	30 000	2 000	2 000
Total Current Debt	671 000	258 000	348 000	523 000
Total Equity and Debt	2 673 000	2 045 000	3 213 000	2 816 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,73 %	12,42 %	19,96 %	2,27 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	7,96 %	6,69 %	17,14 %	2,15 %
Current Ratio	2,04	2,87	5,24	1,84
Quick Ratio	−10,8	−4,28	−7,57	45,71
Equity Ratio	0,75	0,87	0,89	0,81
Gross Profit Margin	48,12 %	28,35 %	34,86 %	29,77 %