APX SYSTEMS AS

0667 OSLO

Finances

Return on Equity

7,42 %

Current Ratio

1,89

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	27 116 000	25 566 000	23 242 000	24 210 000
Net Income	740 000	310 000	451 000	405 000
Total Assets	14 385 000	13 627 000	15 225 000	14 987 000
Total Equity	9 978 000	9 238 000	8 938 000	8 487 000

Income (NOK)	2022	2021	2020	2019
Revenue	27 116 000	25 566 000	23 242 000	24 210 000
Expenditure	26 491 000	25 379 000	22 960 000	23 982 000
Operating Profit	625 000	187 000	281 000	228 000
Financial Income	44 000	47 000	14 000	11 000
Financial Costs	160 000	131 000	74 000	91 000
Financial Balance	−116 000	−84 000	−60 000	−80 000
Earnings Before Tax	510 000	102 000	221 000	147 000
Tax	−230 000	−208 000	−230 000	−258 000
Net Income	740 000	310 000	451 000	405 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 042 000	6 693 000	6 821 000	6 518 000
Total Current Assets	8 343 000	6 934 000	8 404 000	8 469 000
Total Assets	14 385 000	13 627 000	15 225 000	14 987 000
Total Retained Equity	9 589 000	8 849 000	8 539 000	8 088 000
Total Equity	9 978 000	9 238 000	8 938 000	8 487 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 407 000	4 389 000	6 288 000	6 500 000
Total Equity and Debt	14 385 000	13 627 000	15 225 000	14 987 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	27 124 000	24 957 000	23 242 000	24 210 000
Other Income	−7 000	608 000	0	0
Revenue	27 116 000	25 566 000	23 242 000	24 210 000
Cost of Goods Sold	3 794 000	4 407 000	6 950 000	6 592 000
Salary Costs	13 467 000	12 048 000	8 538 000	9 632 000
Depreciation	1 536 000	1 411 000	1 159 000	1 185 000
Impairment	0	0	0	0
Expenditure	26 491 000	25 379 000	22 960 000	23 982 000
Operating Profit	625 000	187 000	281 000	228 000
Financial Income	44 000	47 000	14 000	11 000
Financial Costs	160 000	131 000	74 000	91 000
Financial Balance	−116 000	−84 000	−60 000	−80 000
Dividends	0	0	0	0
Net Income	740 000	310 000	451 000	405 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 803 000	5 648 000	6 515 000	6 216 000
Real Eastate	0	0	0	6 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	957 000	766 000	155 000	144 000
Total Tangible Assets	957 000	766 000	155 000	151 000
Total Fiancial Fixed Assets	282 000	280 000	151 000	151 000
Total Fixed Assets	6 042 000	6 693 000	6 821 000	6 518 000
Stock	0	0	35 000	70 000
Total Investments	0	0	0	0
Cash, Bank	1 775 000	1 218 000	2 284 000	472 000
Total Current Assets	8 343 000	6 934 000	8 404 000	8 469 000
Total Assets	14 385 000	13 627 000	15 225 000	14 987 000
Total Equity	9 978 000	9 238 000	8 938 000	8 487 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	760 000	1 219 000	3 320 000	1 460 000
Unpaid Taxes	2 292 000	1 636 000	1 638 000	1 749 000
Dividends	0	0	0	0
Other Current Debt	1 356 000	1 534 000	1 330 000	1 522 000
Total Current Debt	4 407 000	4 389 000	6 288 000	6 500 000
Total Equity and Debt	14 385 000	13 627 000	15 225 000	14 987 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,42 %	3,36 %	5,05 %	4,77 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,3 %	0,73 %	1,21 %	0,94 %
Current Ratio	1,89	1,58	1,34	1,3
Quick Ratio	1,89	1,58	1,34	1,32
Equity Ratio	0,69	0,68	0,59	0,57
Gross Profit Margin	86,01 %	82,76 %	70,1 %	72,77 %