AITOS GASIFICATION TECHNOLOGY AS

0256 OSLO

Finances

Share Ownership

Return on Equity

−30,92 %

Current Ratio

2,95

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	450 000	400 000	220 000	57 000
Net Income	−432 000	−183 000	−109 000	4 000
Total Assets	1 730 000	2 734 000	2 207 000	229 000
Total Equity	1 397 000	1 829 000	2 011 000	−230 000

Income (NOK)	2022	2021	2020	2019
Revenue	450 000	400 000	220 000	57 000
Expenditure	1 088 000	652 000	359 000	52 000
Operating Profit	−637 000	−251 000	−139 000	5 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	0	0
Financial Balance	−1 000	0	0	0
Earnings Before Tax	−638 000	−252 000	−140 000	5 000
Tax	−207 000	−69 000	−31 000	1 000
Net Income	−432 000	−183 000	−109 000	4 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	744 000	620 000	104 000	73 000
Total Current Assets	986 000	2 114 000	2 103 000	156 000
Total Assets	1 730 000	2 734 000	2 207 000	229 000
Total Retained Equity	−983 000	−551 000	−369 000	−260 000
Total Equity	1 397 000	1 829 000	2 011 000	−230 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	334 000	905 000	195 000	459 000
Total Equity and Debt	1 730 000	2 734 000	2 207 000	229 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	450 000	300 000	220 000	57 000
Other Income	0	100 000	0	0
Revenue	450 000	400 000	220 000	57 000
Cost of Goods Sold	247 000	273 000	60 000	12 000
Salary Costs	450 000	17 000	136 000	26 000
Depreciation	83 000	76 000	0	0
Impairment	0	0	0	0
Expenditure	1 088 000	652 000	359 000	52 000
Operating Profit	−637 000	−251 000	−139 000	5 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	0	0
Financial Balance	−1 000	0	0	0
Dividends	0	0	0	0
Net Income	−432 000	−183 000	−109 000	4 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	744 000	620 000	104 000	73 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	744 000	620 000	104 000	73 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	534 000	1 493 000	2 053 000	156 000
Total Current Assets	986 000	2 114 000	2 103 000	156 000
Total Assets	1 730 000	2 734 000	2 207 000	229 000
Total Equity	1 397 000	1 829 000	2 011 000	−230 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	155 000	54 000	103 000	2 000
Unpaid Taxes	43 000	126 000	0	7 000
Dividends	0	0	0	0
Other Current Debt	136 000	725 000	92 000	450 000
Total Current Debt	334 000	905 000	195 000	459 000
Total Equity and Debt	1 730 000	2 734 000	2 207 000	229 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−30,92 %	−10,01 %	−5,42 %	−1,74 %
Debt-to-Equity Ratio	0	0	0	−0
Operating Profit Margin	−141,56 %	−62,75 %	−63,18 %	8,77 %
Current Ratio	2,95	2,34	10,78	0,34
Quick Ratio	2,95	2,34	10,78	0,34
Equity Ratio	0,81	0,67	0,91	−1
Gross Profit Margin	45,11 %	31,75 %	72,73 %	78,95 %