AXES AS

1712 GRÅLUM

Finances

Return on Equity

17,04 %

Current Ratio

2,51

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 250 000	975 000	1 454 000	1 054 000
Net Income	138 000	411 000	43 000	513 000
Total Assets	1 308 000	1 185 000	1 060 000	1 561 000
Total Equity	810 000	1 121 000	662 000	819 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 250 000	975 000	1 454 000	1 054 000
Expenditure	1 423 000	588 000	1 446 000	1 401 000
Operating Profit	−173 000	387 000	8 000	−346 000
Financial Income	311 000	24 000	35 000	859 000
Financial Costs	0	0	0	1 000
Financial Balance	311 000	24 000	35 000	858 000
Earnings Before Tax	138 000	411 000	43 000	513 000
Tax	0	0	0	0
Net Income	138 000	411 000	43 000	513 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	58 000	572 000	518 000	36 000
Total Current Assets	1 250 000	612 000	543 000	1 526 000
Total Assets	1 308 000	1 185 000	1 060 000	1 561 000
Total Retained Equity	760 000	1 071 000	612 000	769 000
Total Equity	810 000	1 121 000	662 000	819 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	498 000	63 000	399 000	743 000
Total Equity and Debt	1 308 000	1 185 000	1 060 000	1 561 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 250 000	975 000	1 454 000	1 054 000
Other Income	0	0	0	0
Revenue	1 250 000	975 000	1 454 000	1 054 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 328 000	476 000	1 289 000	1 222 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 423 000	588 000	1 446 000	1 401 000
Operating Profit	−173 000	387 000	8 000	−346 000
Financial Income	311 000	24 000	35 000	859 000
Financial Costs	0	0	0	1 000
Financial Balance	311 000	24 000	35 000	858 000
Dividends	0	0	0	0
Net Income	138 000	411 000	43 000	513 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	58 000	572 000	518 000	36 000
Total Fixed Assets	58 000	572 000	518 000	36 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	327 000	495 000	347 000	602 000
Total Current Assets	1 250 000	612 000	543 000	1 526 000
Total Assets	1 308 000	1 185 000	1 060 000	1 561 000
Total Equity	810 000	1 121 000	662 000	819 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	23 000	26 000	5 000	5 000
Unpaid Taxes	175 000	37 000	391 000	338 000
Dividends	0	0	0	0
Other Current Debt	0	0	3 000	0
Total Current Debt	498 000	63 000	399 000	743 000
Total Equity and Debt	1 308 000	1 185 000	1 060 000	1 561 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,04 %	36,66 %	6,5 %	62,64 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−13,84 %	39,69 %	0,55 %	−32,83 %
Current Ratio	2,51	9,71	1,36	2,05
Quick Ratio	2,51	9,71	1,36	2,05
Equity Ratio	0,62	0,95	0,62	0,52
Gross Profit Margin	100 %	100 %	100 %	100 %