AZETS AS

0277 OSLO

Finances

Return on Equity

2,08 %

Current Ratio

3,33

Debt-to-Equity Ratio

0,35

Key figures (NOK)	2022	2021	2020	2019
Revenue	108 469 000	87 440 000	79 828 000	77 302 000
Net Income	52 886 000	137 730 000	115 678 000	−1 886 000
Total Assets	3 493 342 000	3 594 664 000	3 617 331 000	3 573 801 000
Total Equity	2 537 518 000	2 484 631 000	2 346 901 000	2 231 223 000

Income (NOK)	2022	2021	2020	2019
Revenue	108 469 000	87 440 000	79 828 000	77 302 000
Expenditure	114 129 000	104 177 000	94 786 000	80 735 000
Operating Profit	−5 660 000	−16 737 000	−14 958 000	−3 433 000
Financial Income	130 294 000	224 873 000	228 017 000	76 031 000
Financial Costs	71 879 000	70 406 000	97 722 000	73 859 000
Financial Balance	58 415 000	154 467 000	130 295 000	2 172 000
Earnings Before Tax	52 754 000	137 730 000	115 338 000	−1 261 000
Tax	−132 000	0	−341 000	625 000
Net Income	52 886 000	137 730 000	115 678 000	−1 886 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 297 467 000	3 402 390 000	3 422 808 000	3 496 647 000
Total Current Assets	195 875 000	192 274 000	194 523 000	77 154 000
Total Assets	3 493 342 000	3 594 664 000	3 617 331 000	3 573 801 000
Total Retained Equity	315 933 000	263 047 000	125 317 000	9 639 000
Total Equity	2 537 518 000	2 484 631 000	2 346 901 000	2 231 223 000
Total Long-Term Debt	897 005 000	1 072 367 000	1 221 767 000	1 243 219 000
Total Current Debt	58 819 000	37 665 000	48 662 000	99 358 000
Total Equity and Debt	3 493 342 000	3 594 664 000	3 617 331 000	3 573 801 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	28 000
Other Income	108 469 000	87 440 000	79 828 000	77 275 000
Revenue	108 469 000	87 440 000	79 828 000	77 302 000
Cost of Goods Sold	0	0	0	0
Salary Costs	56 433 000	50 776 000	57 367 000	48 387 000
Depreciation	14 575 000	17 432 000	17 760 000	19 958 000
Impairment	0	0	0	0
Expenditure	114 129 000	104 177 000	94 786 000	80 735 000
Operating Profit	−5 660 000	−16 737 000	−14 958 000	−3 433 000
Financial Income	130 294 000	224 873 000	228 017 000	76 031 000
Financial Costs	71 879 000	70 406 000	97 722 000	73 859 000
Financial Balance	58 415 000	154 467 000	130 295 000	2 172 000
Dividends	0	0	0	0
Net Income	52 886 000	137 730 000	115 678 000	−1 886 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 383 000	3 941 000	8 598 000	10 241 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	9 000	20 000
Fixtures	1 230 000	1 675 000	0	0
Total Tangible Assets	1 230 000	1 675 000	9 000	20 000
Total Fiancial Fixed Assets	3 291 853 000	3 396 774 000	3 414 200 000	3 486 387 000
Total Fixed Assets	3 297 467 000	3 402 390 000	3 422 808 000	3 496 647 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	17 532 000	−10 239 000	113 748 000	41 067 000
Total Current Assets	195 875 000	192 274 000	194 523 000	77 154 000
Total Assets	3 493 342 000	3 594 664 000	3 617 331 000	3 573 801 000
Total Equity	2 537 518 000	2 484 631 000	2 346 901 000	2 231 223 000
Short-Term Group Debt	10 688 000	11 102 000	2 932 000	13 407 000
Total Long-Term Debt	897 005 000	1 072 367 000	1 221 767 000	1 243 219 000
Creditors	9 161 000	7 458 000	3 692 000	2 976 000
Unpaid Taxes	909 000	943 000	1 174 000	903 000
Dividends	0	0	0	0
Other Current Debt	14 803 000	18 162 000	40 898 000	81 496 000
Total Current Debt	58 819 000	37 665 000	48 662 000	99 358 000
Total Equity and Debt	3 493 342 000	3 594 664 000	3 617 331 000	3 573 801 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,08 %	5,54 %	4,93 %	−0,08 %
Debt-to-Equity Ratio	0,35	0,43	0,52	0,56
Operating Profit Margin	−5,22 %	−19,14 %	−18,74 %	−4,44 %
Current Ratio	3,33	5,1	4	0,78
Quick Ratio	3,33	5,1	4	0,78
Equity Ratio	0,73	0,69	0,65	0,62
Gross Profit Margin	100 %	100 %	100 %	100 %