AXBIT AS

6415 MOLDE

Finances

Return on Equity

20,79 %

Current Ratio

1,71

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	40 609 000	34 062 000	21 633 000	24 780 000
Net Income	1 664 000	1 588 000	2 164 000	3 450 000
Total Assets	16 529 000	13 633 000	12 051 000	11 655 000
Total Equity	8 005 000	6 341 000	5 853 000	5 689 000

Income (NOK)	2022	2021	2020	2019
Revenue	40 609 000	34 062 000	21 633 000	24 780 000
Expenditure	38 470 000	31 985 000	18 838 000	20 352 000
Operating Profit	2 139 000	2 077 000	2 795 000	4 428 000
Financial Income	184 000	67 000	78 000	72 000
Financial Costs	184 000	103 000	97 000	74 000
Financial Balance	0	−36 000	−19 000	−2 000
Earnings Before Tax	2 138 000	2 042 000	2 776 000	4 426 000
Tax	474 000	454 000	612 000	975 000
Net Income	1 664 000	1 588 000	2 164 000	3 450 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 643 000	945 000	214 000	345 000
Total Current Assets	13 886 000	12 687 000	11 836 000	11 310 000
Total Assets	16 529 000	13 633 000	12 051 000	11 655 000
Total Retained Equity	7 821 000	6 157 000	5 653 000	5 489 000
Total Equity	8 005 000	6 341 000	5 853 000	5 689 000
Total Long-Term Debt	401 000	0	0	7 000
Total Current Debt	8 123 000	7 292 000	6 198 000	5 960 000
Total Equity and Debt	16 529 000	13 633 000	12 051 000	11 655 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	40 609 000	34 062 000	21 514 000	24 780 000
Other Income	0	0	119 000	0
Revenue	40 609 000	34 062 000	21 633 000	24 780 000
Cost of Goods Sold	6 531 000	7 530 000	4 731 000	4 900 000
Salary Costs	25 142 000	18 198 000	10 825 000	12 248 000
Depreciation	347 000	230 000	164 000	146 000
Impairment	0	0	0	0
Expenditure	38 470 000	31 985 000	18 838 000	20 352 000
Operating Profit	2 139 000	2 077 000	2 795 000	4 428 000
Financial Income	184 000	67 000	78 000	72 000
Financial Costs	184 000	103 000	97 000	74 000
Financial Balance	0	−36 000	−19 000	−2 000
Dividends	0	0	2 000 000	0
Net Income	1 664 000	1 588 000	2 164 000	3 450 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	359 000	339 000	8 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	954 000	606 000	207 000	345 000
Total Tangible Assets	954 000	606 000	207 000	345 000
Total Fiancial Fixed Assets	1 330 000	0	0	0
Total Fixed Assets	2 643 000	945 000	214 000	345 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	6 477 000	6 329 000	9 450 000	8 369 000
Total Current Assets	13 886 000	12 687 000	11 836 000	11 310 000
Total Assets	16 529 000	13 633 000	12 051 000	11 655 000
Total Equity	8 005 000	6 341 000	5 853 000	5 689 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	401 000	0	0	7 000
Creditors	1 348 000	1 233 000	652 000	557 000
Unpaid Taxes	3 290 000	2 951 000	1 906 000	1 887 000
Dividends	0	0	2 000 000	0
Other Current Debt	2 990 000	2 323 000	1 013 000	2 536 000
Total Current Debt	8 123 000	7 292 000	6 198 000	5 960 000
Total Equity and Debt	16 529 000	13 633 000	12 051 000	11 655 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,79 %	25,04 %	36,97 %	60,64 %
Debt-to-Equity Ratio	0,05	0	0	0
Operating Profit Margin	5,27 %	6,1 %	12,92 %	17,87 %
Current Ratio	1,71	1,74	1,91	1,9
Quick Ratio	1,71	1,74	1,91	1,9
Equity Ratio	0,48	0,47	0,49	0,49
Gross Profit Margin	83,92 %	77,89 %	78,13 %	80,23 %