APIAS AS

5542 KARMSUND

Finances

Share Ownership

Return on Equity

49,23 %

Current Ratio

0,32

Debt-to-Equity Ratio

−0,55

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 949 000	1 932 000	273 000	990 000
Net Income	−1 052 000	−1 346 000	−502 000	−449 000
Total Assets	4 817 000	3 987 000	1 933 000	1 409 000
Total Equity	−2 137 000	−1 085 000	261 000	763 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 949 000	1 932 000	273 000	990 000
Expenditure	2 487 000	2 907 000	762 000	1 429 000
Operating Profit	−538 000	−975 000	−489 000	−438 000
Financial Income	0	0	0	0
Financial Costs	515 000	371 000	13 000	11 000
Financial Balance	−515 000	−371 000	−13 000	−11 000
Earnings Before Tax	−1 052 000	−1 346 000	−502 000	−449 000
Tax	0	0	0	0
Net Income	−1 052 000	−1 346 000	−502 000	−449 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 987 000	2 521 000	1 419 000	1 007 000
Total Current Assets	1 830 000	1 466 000	514 000	403 000
Total Assets	4 817 000	3 987 000	1 933 000	1 409 000
Total Retained Equity	−2 190 000	−1 138 000	0	−487 000
Total Equity	−2 137 000	−1 085 000	261 000	763 000
Total Long-Term Debt	1 170 000	840 000	1 340 000	0
Total Current Debt	5 783 000	4 232 000	332 000	646 000
Total Equity and Debt	4 817 000	3 987 000	1 933 000	1 409 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 949 000	1 924 000	273 000	990 000
Other Income	0	8 000	0	0
Revenue	1 949 000	1 932 000	273 000	990 000
Cost of Goods Sold	240 000	503 000	206 000	300 000
Salary Costs	1 175 000	1 101 000	162 000	204 000
Depreciation	33 000	41 000	12 000	2 000
Impairment	0	0	0	0
Expenditure	2 487 000	2 907 000	762 000	1 429 000
Operating Profit	−538 000	−975 000	−489 000	−438 000
Financial Income	0	0	0	0
Financial Costs	515 000	371 000	13 000	11 000
Financial Balance	−515 000	−371 000	−13 000	−11 000
Dividends	0	0	0	0
Net Income	−1 052 000	−1 346 000	−502 000	−449 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 958 000	2 460 000	1 349 000	979 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	28 000	61 000	69 000	28 000
Total Tangible Assets	28 000	61 000	69 000	28 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 987 000	2 521 000	1 419 000	1 007 000
Stock	805 000	973 000	241 000	288 000
Total Investments	0	0	0	0
Cash, Bank	130 000	188 000	185 000	36 000
Total Current Assets	1 830 000	1 466 000	514 000	403 000
Total Assets	4 817 000	3 987 000	1 933 000	1 409 000
Total Equity	−2 137 000	−1 085 000	261 000	763 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 170 000	840 000	1 340 000	0
Creditors	477 000	38 000	1 000	86 000
Unpaid Taxes	138 000	272 000	88 000	96 000
Dividends	0	0	0	0
Other Current Debt	1 075 000	319 000	242 000	451 000
Total Current Debt	5 783 000	4 232 000	332 000	646 000
Total Equity and Debt	4 817 000	3 987 000	1 933 000	1 409 000

Financial indicators	2022	2021	2020	2019
Return on Equity	49,23 %	124,06 %	−192,34 %	−58,85 %
Debt-to-Equity Ratio	−0,55	−0,77	5,13	0
Operating Profit Margin	−27,6 %	−50,47 %	−179,12 %	−44,24 %
Current Ratio	0,32	0,35	1,55	0,62
Quick Ratio	0,37	0,45	5,65	1,13
Equity Ratio	−0,44	−0,27	0,14	0,54
Gross Profit Margin	87,69 %	73,96 %	24,54 %	69,7 %