APITEQ AS

3721 SKIEN

Finances

Share Ownership

Return on Equity

−5,73 %

Current Ratio

1,76

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 996 000	5 791 000	2 061 000	1 711 000
Net Income	−341 000	934 000	311 000	−464 000
Total Assets	10 400 000	7 345 000	3 338 000	2 992 000
Total Equity	5 953 000	3 894 000	2 960 000	2 648 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 996 000	5 791 000	2 061 000	1 711 000
Expenditure	5 896 000	4 697 000	1 817 000	2 439 000
Operating Profit	−900 000	1 094 000	243 000	−728 000
Financial Income	118 000	69 000	38 000	20 000
Financial Costs	40 000	291 000	38 000	20 000
Financial Balance	78 000	−222 000	0	0
Earnings Before Tax	−822 000	873 000	243 000	−729 000
Tax	−481 000	−61 000	−68 000	−265 000
Net Income	−341 000	934 000	311 000	−464 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 583 000	2 206 000	2 248 000	2 176 000
Total Current Assets	7 817 000	5 140 000	1 090 000	816 000
Total Assets	10 400 000	7 345 000	3 338 000	2 992 000
Total Retained Equity	3 443 000	3 784 000	2 850 000	2 538 000
Total Equity	5 953 000	3 894 000	2 960 000	2 648 000
Total Long-Term Debt	0	2 613 000	30 000	45 000
Total Current Debt	4 447 000	838 000	349 000	299 000
Total Equity and Debt	10 400 000	7 345 000	3 338 000	2 992 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 191 000	3 259 000	1 907 000	1 442 000
Other Income	3 804 000	2 532 000	154 000	270 000
Revenue	4 996 000	5 791 000	2 061 000	1 711 000
Cost of Goods Sold	3 931 000	1 044 000	95 000	237 000
Salary Costs	1 385 000	1 893 000	945 000	1 446 000
Depreciation	104 000	104 000	86 000	80 000
Impairment	0	0	0	0
Expenditure	5 896 000	4 697 000	1 817 000	2 439 000
Operating Profit	−900 000	1 094 000	243 000	−728 000
Financial Income	118 000	69 000	38 000	20 000
Financial Costs	40 000	291 000	38 000	20 000
Financial Balance	78 000	−222 000	0	0
Dividends	0	0	0	0
Net Income	−341 000	934 000	311 000	−464 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 469 000	1 988 000	1 927 000	1 859 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	114 000	218 000	321 000	258 000
Total Tangible Assets	114 000	218 000	321 000	258 000
Total Fiancial Fixed Assets	0	0	0	59 000
Total Fixed Assets	2 583 000	2 206 000	2 248 000	2 176 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	174 000	1 729 000	449 000	238 000
Total Current Assets	7 817 000	5 140 000	1 090 000	816 000
Total Assets	10 400 000	7 345 000	3 338 000	2 992 000
Total Equity	5 953 000	3 894 000	2 960 000	2 648 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	2 613 000	30 000	45 000
Creditors	2 140 000	60 000	29 000	46 000
Unpaid Taxes	235 000	204 000	118 000	89 000
Dividends	0	0	0	0
Other Current Debt	2 072 000	574 000	202 000	164 000
Total Current Debt	4 447 000	838 000	349 000	299 000
Total Equity and Debt	10 400 000	7 345 000	3 338 000	2 992 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,73 %	23,99 %	10,51 %	−17,52 %
Debt-to-Equity Ratio	0	0,67	0,01	0,02
Operating Profit Margin	−18,01 %	18,89 %	11,79 %	−42,55 %
Current Ratio	1,76	6,13	3,12	2,73
Quick Ratio	1,76	6,13	3,12	2,73
Equity Ratio	0,57	0,53	0,89	0,89
Gross Profit Margin	21,32 %	81,97 %	95,39 %	86,15 %