NAXOS NORWAY AS

0658 OSLO

Finances

Return on Equity

22,21 %

Current Ratio

0,2

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 460 000	3 522 000	2 688 000	2 572 000
Net Income	−1 763 000	−629 000	−599 000	−767 000
Total Assets	2 855 000	2 606 000	2 489 000	2 700 000
Total Equity	−7 938 000	−6 175 000	−5 546 000	−4 948 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 460 000	3 522 000	2 688 000	2 572 000
Expenditure	3 923 000	4 129 000	3 252 000	3 335 000
Operating Profit	−1 463 000	−606 000	−565 000	−763 000
Financial Income	0	69 000	0	−2 000
Financial Costs	299 000	91 000	34 000	2 000
Financial Balance	−299 000	−22 000	−34 000	−4 000
Earnings Before Tax	−1 763 000	−629 000	−599 000	−767 000
Tax	0	0	0	0
Net Income	−1 763 000	−629 000	−599 000	−767 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	668 000	514 000	440 000	226 000
Total Current Assets	2 187 000	2 092 000	2 049 000	2 474 000
Total Assets	2 855 000	2 606 000	2 489 000	2 700 000
Total Retained Equity	−8 038 000	−6 275 000	−5 646 000	−5 048 000
Total Equity	−7 938 000	−6 175 000	−5 546 000	−4 948 000
Total Long-Term Debt	0	0	0	5 212 000
Total Current Debt	10 793 000	8 781 000	8 036 000	2 435 000
Total Equity and Debt	2 855 000	2 606 000	2 489 000	2 700 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 023 000	2 841 000	1 562 000	2 447 000
Other Income	437 000	681 000	1 125 000	125 000
Revenue	2 460 000	3 522 000	2 688 000	2 572 000
Cost of Goods Sold	1 405 000	1 901 000	1 605 000	1 422 000
Salary Costs	1 363 000	1 081 000	772 000	752 000
Depreciation	180 000	137 000	80 000	37 000
Impairment	0	0	0	0
Expenditure	3 923 000	4 129 000	3 252 000	3 335 000
Operating Profit	−1 463 000	−606 000	−565 000	−763 000
Financial Income	0	69 000	0	−2 000
Financial Costs	299 000	91 000	34 000	2 000
Financial Balance	−299 000	−22 000	−34 000	−4 000
Dividends	0	0	0	0
Net Income	−1 763 000	−629 000	−599 000	−767 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	546 000	438 000	364 000	150 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	16 000	0	0	0
Total Tangible Assets	16 000	0	0	0
Total Fiancial Fixed Assets	106 000	76 000	76 000	76 000
Total Fixed Assets	668 000	514 000	440 000	226 000
Stock	916 000	822 000	828 000	592 000
Total Investments	0	0	0	0
Cash, Bank	219 000	234 000	308 000	285 000
Total Current Assets	2 187 000	2 092 000	2 049 000	2 474 000
Total Assets	2 855 000	2 606 000	2 489 000	2 700 000
Total Equity	−7 938 000	−6 175 000	−5 546 000	−4 948 000
Short-Term Group Debt	7 115 000	5 730 000	5 531 000	0
Total Long-Term Debt	0	0	0	5 212 000
Creditors	2 522 000	2 083 000	2 321 000	2 109 000
Unpaid Taxes	154 000	127 000	56 000	49 000
Dividends	0	0	0	0
Other Current Debt	1 002 000	843 000	127 000	278 000
Total Current Debt	10 793 000	8 781 000	8 036 000	2 435 000
Total Equity and Debt	2 855 000	2 606 000	2 489 000	2 700 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,21 %	10,19 %	10,8 %	15,5 %
Debt-to-Equity Ratio	−0	−0	−0	−1,05
Operating Profit Margin	−59,47 %	−17,21 %	−21,02 %	−29,67 %
Current Ratio	0,2	0,24	0,25	1,02
Quick Ratio	0,22	0,26	0,28	1,34
Equity Ratio	−2,78	−2,37	−2,23	−1,83
Gross Profit Margin	42,89 %	46,02 %	40,29 %	44,71 %