AIR-TECH AS

0975 OSLO

Finances

Return on Equity

73,68 %

Current Ratio

1,57

Debt-to-Equity Ratio

2,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 671 000	6 034 000	6 864 000	5 815 000
Net Income	1 484 000	279 000	824 000	659 000
Total Assets	8 364 000	2 593 000	2 738 000	2 001 000
Total Equity	2 014 000	530 000	551 000	917 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 671 000	6 034 000	6 864 000	5 815 000
Expenditure	7 003 000	5 671 000	5 809 000	4 976 000
Operating Profit	668 000	363 000	1 055 000	840 000
Financial Income	1 108 000	5 000	6 000	8 000
Financial Costs	182 000	0	2 000	2 000
Financial Balance	926 000	5 000	4 000	6 000
Earnings Before Tax	1 595 000	369 000	1 058 000	846 000
Tax	111 000	90 000	234 000	186 000
Net Income	1 484 000	279 000	824 000	659 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 065 000	66 000	131 000	176 000
Total Current Assets	3 298 000	2 527 000	2 607 000	1 825 000
Total Assets	8 364 000	2 593 000	2 738 000	2 001 000
Total Retained Equity	1 914 000	430 000	451 000	817 000
Total Equity	2 014 000	530 000	551 000	917 000
Total Long-Term Debt	4 253 000	368 000	368 000	90 000
Total Current Debt	2 097 000	1 695 000	1 819 000	993 000
Total Equity and Debt	8 364 000	2 593 000	2 738 000	2 001 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 508 000	5 939 000	6 864 000	5 790 000
Other Income	162 000	95 000	0	25 000
Revenue	7 671 000	6 034 000	6 864 000	5 815 000
Cost of Goods Sold	2 018 000	1 363 000	1 692 000	1 243 000
Salary Costs	3 820 000	3 472 000	3 258 000	2 988 000
Depreciation	43 000	43 000	46 000	69 000
Impairment	0	0	0	0
Expenditure	7 003 000	5 671 000	5 809 000	4 976 000
Operating Profit	668 000	363 000	1 055 000	840 000
Financial Income	1 108 000	5 000	6 000	8 000
Financial Costs	182 000	0	2 000	2 000
Financial Balance	926 000	5 000	4 000	6 000
Dividends	0	300 000	440 000	15 000
Net Income	1 484 000	279 000	824 000	659 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	12 000	8 000	30 000	29 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	14 000	58 000	101 000	147 000
Total Tangible Assets	14 000	58 000	101 000	147 000
Total Fiancial Fixed Assets	5 039 000	0	0	0
Total Fixed Assets	5 065 000	66 000	131 000	176 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	492 000	1 023 000	1 349 000	286 000
Total Current Assets	3 298 000	2 527 000	2 607 000	1 825 000
Total Assets	8 364 000	2 593 000	2 738 000	2 001 000
Total Equity	2 014 000	530 000	551 000	917 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 253 000	368 000	368 000	90 000
Creditors	421 000	302 000	270 000	59 000
Unpaid Taxes	592 000	573 000	523 000	403 000
Dividends	0	300 000	440 000	15 000
Other Current Debt	968 000	751 000	351 000	331 000
Total Current Debt	2 097 000	1 695 000	1 819 000	993 000
Total Equity and Debt	8 364 000	2 593 000	2 738 000	2 001 000

Financial indicators	2022	2021	2020	2019
Return on Equity	73,68 %	52,64 %	149,55 %	71,86 %
Debt-to-Equity Ratio	2,11	0,69	0,67	0,1
Operating Profit Margin	8,71 %	6,02 %	15,37 %	14,45 %
Current Ratio	1,57	1,49	1,43	1,84
Quick Ratio	1,57	1,49	1,43	1,84
Equity Ratio	0,24	0,2	0,2	0,46
Gross Profit Margin	73,69 %	77,41 %	75,35 %	78,62 %