ATHENA AS

4276 VEAVÅGEN

Finances

Share Ownership

Return on Equity

5,12 %

Current Ratio

1,21

Debt-to-Equity Ratio

2,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 066 000	7 102 000	5 103 000	6 845 000
Net Income	643 000	2 066 000	517 000	3 172 000
Total Assets	43 103 000	39 553 000	23 032 000	11 761 000
Total Equity	12 555 000	11 912 000	9 019 000	8 502 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 066 000	7 102 000	5 103 000	6 845 000
Expenditure	9 249 000	4 019 000	4 234 000	3 039 000
Operating Profit	1 817 000	3 083 000	869 000	3 806 000
Financial Income	33 000	5 000	7 000	6 000
Financial Costs	1 026 000	439 000	213 000	381 000
Financial Balance	−993 000	−434 000	−206 000	−375 000
Earnings Before Tax	825 000	2 649 000	663 000	3 431 000
Tax	181 000	583 000	146 000	258 000
Net Income	643 000	2 066 000	517 000	3 172 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	38 833 000	35 668 000	16 944 000	10 670 000
Total Current Assets	4 270 000	3 885 000	6 088 000	1 092 000
Total Assets	43 103 000	39 553 000	23 032 000	11 761 000
Total Retained Equity	9 116 000	8 473 000	6 407 000	5 890 000
Total Equity	12 555 000	11 912 000	9 019 000	8 502 000
Total Long-Term Debt	27 007 000	24 787 000	9 871 000	2 138 000
Total Current Debt	3 541 000	2 854 000	4 142 000	1 122 000
Total Equity and Debt	43 103 000	39 553 000	23 032 000	11 761 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 988 000	4 616 000	4 428 000	2 981 000
Other Income	78 000	2 486 000	675 000	3 864 000
Revenue	11 066 000	7 102 000	5 103 000	6 845 000
Cost of Goods Sold	0	0	0	0
Salary Costs	4 967 000	2 161 000	990 000	1 656 000
Depreciation	698 000	326 000	213 000	165 000
Impairment	0	0	0	0
Expenditure	9 249 000	4 019 000	4 234 000	3 039 000
Operating Profit	1 817 000	3 083 000	869 000	3 806 000
Financial Income	33 000	5 000	7 000	6 000
Financial Costs	1 026 000	439 000	213 000	381 000
Financial Balance	−993 000	−434 000	−206 000	−375 000
Dividends	0	0	0	0
Net Income	643 000	2 066 000	517 000	3 172 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	7 813 000	6 763 000	8 813 000	4 608 000
Real Eastate	2 085 000	2 139 000	2 193 000	2 247 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	136 000	64 000	71 000	0
Total Tangible Assets	27 520 000	25 406 000	8 132 000	4 062 000
Total Fiancial Fixed Assets	3 500 000	3 500 000	0	2 000 000
Total Fixed Assets	38 833 000	35 668 000	16 944 000	10 670 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 256 000	3 822 000	2 402 000	863 000
Total Current Assets	4 270 000	3 885 000	6 088 000	1 092 000
Total Assets	43 103 000	39 553 000	23 032 000	11 761 000
Total Equity	12 555 000	11 912 000	9 019 000	8 502 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	27 007 000	24 787 000	9 871 000	2 138 000
Creditors	712 000	640 000	2 990 000	10 000
Unpaid Taxes	1 775 000	395 000	268 000	439 000
Dividends	0	0	0	0
Other Current Debt	1 054 000	1 819 000	736 000	442 000
Total Current Debt	3 541 000	2 854 000	4 142 000	1 122 000
Total Equity and Debt	43 103 000	39 553 000	23 032 000	11 761 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,12 %	17,34 %	5,73 %	37,31 %
Debt-to-Equity Ratio	2,15	2,08	1,09	0,25
Operating Profit Margin	16,42 %	43,41 %	17,03 %	55,6 %
Current Ratio	1,21	1,36	1,47	0,97
Quick Ratio	1,21	1,36	1,47	0,97
Equity Ratio	0,29	0,3	0,39	0,72
Gross Profit Margin	100 %	100 %	100 %	100 %