APPEX AS

5536 HAUGESUND

Finances

Return on Equity

17,43 %

Current Ratio

1,93

Debt-to-Equity Ratio

0,18

Key figures (NOK)	2022	2021	2020	2019
Revenue	73 650 000	72 447 000	52 006 000	59 701 000
Net Income	4 628 000	3 078 000	3 615 000	5 106 000
Total Assets	44 288 000	43 905 000	21 490 000	20 174 000
Total Equity	26 545 000	26 407 000	8 704 000	8 289 000

Income (NOK)	2022	2021	2020	2019
Revenue	73 650 000	72 447 000	52 006 000	59 701 000
Expenditure	67 190 000	66 466 000	48 352 000	53 471 000
Operating Profit	6 460 000	5 980 000	3 654 000	6 229 000
Financial Income	273 000	322 000	1 061 000	1 098 000
Financial Costs	291 000	1 893 000	268 000	330 000
Financial Balance	−18 000	−1 571 000	793 000	768 000
Earnings Before Tax	6 443 000	4 409 000	4 447 000	6 998 000
Tax	1 815 000	1 331 000	832 000	1 892 000
Net Income	4 628 000	3 078 000	3 615 000	5 106 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	19 147 000	19 698 000	6 896 000	6 963 000
Total Current Assets	25 142 000	24 206 000	14 593 000	13 212 000
Total Assets	44 288 000	43 905 000	21 490 000	20 174 000
Total Retained Equity	20 409 000	20 270 000	7 988 000	7 573 000
Total Equity	26 545 000	26 407 000	8 704 000	8 289 000
Total Long-Term Debt	4 688 000	5 968 000	5 886 000	6 204 000
Total Current Debt	13 055 000	11 530 000	6 900 000	5 681 000
Total Equity and Debt	44 288 000	43 905 000	21 490 000	20 174 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	73 492 000	69 791 000	51 001 000	59 606 000
Other Income	158 000	2 656 000	1 005 000	95 000
Revenue	73 650 000	72 447 000	52 006 000	59 701 000
Cost of Goods Sold	28 870 000	30 770 000	28 706 000	25 499 000
Salary Costs	28 762 000	27 266 000	14 336 000	20 584 000
Depreciation	2 229 000	620 000	349 000	961 000
Impairment	0	0	0	0
Expenditure	67 190 000	66 466 000	48 352 000	53 471 000
Operating Profit	6 460 000	5 980 000	3 654 000	6 229 000
Financial Income	273 000	322 000	1 061 000	1 098 000
Financial Costs	291 000	1 893 000	268 000	330 000
Financial Balance	−18 000	−1 571 000	793 000	768 000
Dividends	0	0	0	0
Net Income	4 628 000	3 078 000	3 615 000	5 106 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	14 169 000	15 758 000	0	0
Total Intangible Assets	15 879 000	16 577 000	191 000	214 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	802 000	556 000	390 000	449 000
Total Tangible Assets	802 000	556 000	390 000	449 000
Total Fiancial Fixed Assets	2 465 000	2 565 000	6 315 000	6 300 000
Total Fixed Assets	19 147 000	19 698 000	6 896 000	6 963 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	13 874 000	14 431 000	7 809 000	8 472 000
Total Current Assets	25 142 000	24 206 000	14 593 000	13 212 000
Total Assets	44 288 000	43 905 000	21 490 000	20 174 000
Total Equity	26 545 000	26 407 000	8 704 000	8 289 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 688 000	5 968 000	5 886 000	6 204 000
Creditors	1 958 000	1 132 000	2 059 000	759 000
Unpaid Taxes	3 679 000	3 787 000	2 168 000	1 786 000
Dividends	0	0	0	0
Other Current Debt	5 656 000	6 075 000	1 864 000	1 622 000
Total Current Debt	13 055 000	11 530 000	6 900 000	5 681 000
Total Equity and Debt	44 288 000	43 905 000	21 490 000	20 174 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,43 %	11,66 %	41,53 %	61,6 %
Debt-to-Equity Ratio	0,18	0,23	0,68	0,75
Operating Profit Margin	8,77 %	8,25 %	7,03 %	10,43 %
Current Ratio	1,93	2,1	2,11	2,33
Quick Ratio	1,93	2,1	2,11	2,33
Equity Ratio	0,6	0,6	0,41	0,41
Gross Profit Margin	60,8 %	57,53 %	44,8 %	57,29 %