AXEL ANDERSEN HOLDING AS

3045 DRAMMEN

Finances

Return on Equity

16,31 %

Current Ratio

2,11

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	794 164 000	871 947 000	748 308 000	752 576 000
Net Income	16 786 000	25 060 000	16 120 000	6 470 000
Total Assets	153 182 000	125 267 000	98 172 000	73 343 000
Total Equity	102 947 000	88 161 000	70 102 000	56 213 000

Income (NOK)	2022	2021	2020	2019
Revenue	794 164 000	871 947 000	748 308 000	752 576 000
Expenditure	778 459 000	844 319 000	730 238 000	745 686 000
Operating Profit	15 705 000	27 628 000	18 070 000	6 890 000
Financial Income	5 030 000	3 720 000	2 123 000	1 267 000
Financial Costs	283 000	1 000	8 000	102 000
Financial Balance	4 747 000	3 719 000	2 115 000	1 165 000
Earnings Before Tax	20 452 000	31 348 000	20 185 000	8 054 000
Tax	3 667 000	6 288 000	4 065 000	1 585 000
Net Income	16 786 000	25 060 000	16 120 000	6 470 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	47 483 000	46 971 000	27 037 000	21 596 000
Total Current Assets	105 699 000	78 296 000	71 135 000	51 747 000
Total Assets	153 182 000	125 267 000	98 172 000	73 343 000
Total Retained Equity	102 825 000	88 039 000	69 979 000	56 091 000
Total Equity	102 947 000	88 161 000	70 102 000	56 213 000
Total Long-Term Debt	100 000	205 000	517 000	482 000
Total Current Debt	50 135 000	36 901 000	27 553 000	16 648 000
Total Equity and Debt	153 182 000	125 267 000	98 172 000	73 343 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	794 098 000	871 876 000	747 975 000	752 401 000
Other Income	66 000	71 000	334 000	175 000
Revenue	794 164 000	871 947 000	748 308 000	752 576 000
Cost of Goods Sold	718 635 000	784 028 000	676 448 000	682 965 000
Salary Costs	30 558 000	29 000 000	28 809 000	28 242 000
Depreciation	3 115 000	3 784 000	2 611 000	2 627 000
Impairment	0	0	0	0
Expenditure	778 459 000	844 319 000	730 238 000	745 686 000
Operating Profit	15 705 000	27 628 000	18 070 000	6 890 000
Financial Income	5 030 000	3 720 000	2 123 000	1 267 000
Financial Costs	283 000	1 000	8 000	102 000
Financial Balance	4 747 000	3 719 000	2 115 000	1 165 000
Dividends	0	7 000 000	0	2 200 000
Net Income	16 786 000	25 060 000	16 120 000	6 470 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 408 000	1 876 000	2 345 000	0
Machinery and Plant Facilities	7 901 000	9 109 000	9 824 000	7 251 000
Fixtures	2 092 000	2 816 000	3 764 000	5 766 000
Total Tangible Assets	11 401 000	13 801 000	15 933 000	13 017 000
Total Fiancial Fixed Assets	36 083 000	33 170 000	11 104 000	8 579 000
Total Fixed Assets	47 483 000	46 971 000	27 037 000	21 596 000
Stock	63 511 000	33 450 000	22 951 000	18 537 000
Total Investments	0	0	0	0
Cash, Bank	1 119 000	17 615 000	24 550 000	14 078 000
Total Current Assets	105 699 000	78 296 000	71 135 000	51 747 000
Total Assets	153 182 000	125 267 000	98 172 000	73 343 000
Total Equity	102 947 000	88 161 000	70 102 000	56 213 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	100 000	205 000	517 000	482 000
Creditors	19 594 000	22 296 000	14 724 000	7 103 000
Unpaid Taxes	4 961 000	−361 000	689 000	2 590 000
Dividends	0	7 000 000	0	2 200 000
Other Current Debt	18 047 000	3 366 000	6 111 000	3 641 000
Total Current Debt	50 135 000	36 901 000	27 553 000	16 648 000
Total Equity and Debt	153 182 000	125 267 000	98 172 000	73 343 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,31 %	28,43 %	23 %	11,51 %
Debt-to-Equity Ratio	0	0	0,01	0,01
Operating Profit Margin	1,98 %	3,17 %	2,41 %	0,92 %
Current Ratio	2,11	2,12	2,58	3,11
Quick Ratio	−7,9	22,69	15,46	−27,39
Equity Ratio	0,67	0,7	0,71	0,77
Gross Profit Margin	9,51 %	10,08 %	9,6 %	9,25 %