AIRPRODUKTER AS

0373 OSLO

Finances

Share Ownership

Return on Equity

64,02 %

Current Ratio

0,44

Debt-to-Equity Ratio

−0,08

Key figures (NOK)	2021	2020	2019	2018
Revenue	3 103 000	5 703 000	4 557 000	439 000
Net Income	−1 623 000	371 000	−1 485 000	−292 000
Total Assets	2 128 000	3 998 000	2 734 000	1 300 000
Total Equity	−2 535 000	−912 000	−1 283 000	−198 000

Income (NOK)	2021	2020	2019	2018
Revenue	3 103 000	5 703 000	4 557 000	439 000
Expenditure	4 566 000	5 614 000	5 903 000	696 000
Operating Profit	−1 463 000	90 000	−1 346 000	−256 000
Financial Income	286 000	3 000	10 000	1 000
Financial Costs	52 000	116 000	149 000	37 000
Financial Balance	234 000	−113 000	−139 000	−36 000
Earnings Before Tax	−1 228 000	−24 000	−1 485 000	−292 000
Tax	394 000	−394 000	0	0
Net Income	−1 623 000	371 000	−1 485 000	−292 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	179 000	666 000	364 000	304 000
Total Current Assets	1 949 000	3 333 000	2 370 000	997 000
Total Assets	2 128 000	3 998 000	2 734 000	1 300 000
Total Retained Equity	−3 029 000	−1 406 000	−1 777 000	−292 000
Total Equity	−2 535 000	−912 000	−1 283 000	−198 000
Total Long-Term Debt	211 000	234 000	286 000	349 000
Total Current Debt	4 452 000	4 676 000	3 730 000	1 149 000
Total Equity and Debt	2 128 000	3 998 000	2 734 000	1 300 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	3 103 000	5 663 000	4 557 000	439 000
Other Income	0	40 000	0	0
Revenue	3 103 000	5 703 000	4 557 000	439 000
Cost of Goods Sold	2 409 000	2 946 000	3 104 000	220 000
Salary Costs	331 000	730 000	858 000	1 000
Depreciation	93 000	93 000	78 000	21 000
Impairment	0	0	0	0
Expenditure	4 566 000	5 614 000	5 903 000	696 000
Operating Profit	−1 463 000	90 000	−1 346 000	−256 000
Financial Income	286 000	3 000	10 000	1 000
Financial Costs	52 000	116 000	149 000	37 000
Financial Balance	234 000	−113 000	−139 000	−36 000
Dividends	0	0	0	0
Net Income	−1 623 000	371 000	−1 485 000	−292 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	394 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	179 000	271 000	364 000	304 000
Total Tangible Assets	179 000	271 000	364 000	304 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	179 000	666 000	364 000	304 000
Stock	1 223 000	1 737 000	1 608 000	673 000
Total Investments	0	0	0	0
Cash, Bank	232 000	129 000	311 000	204 000
Total Current Assets	1 949 000	3 333 000	2 370 000	997 000
Total Assets	2 128 000	3 998 000	2 734 000	1 300 000
Total Equity	−2 535 000	−912 000	−1 283 000	−198 000
Short-Term Group Debt	3 758 000	3 228 000	0	0
Total Long-Term Debt	211 000	234 000	286 000	349 000
Creditors	44 000	566 000	495 000	156 000
Unpaid Taxes	103 000	251 000	67 000	9 000
Dividends	0	0	0	0
Other Current Debt	547 000	631 000	3 168 000	985 000
Total Current Debt	4 452 000	4 676 000	3 730 000	1 149 000
Total Equity and Debt	2 128 000	3 998 000	2 734 000	1 300 000

Financial indicators	2021	2020	2019	2018
Return on Equity	64,02 %	−40,68 %	115,74 %	147,47 %
Debt-to-Equity Ratio	−0,08	−0,26	−0,22	−1,76
Operating Profit Margin	−47,15 %	1,58 %	−29,54 %	−58,31 %
Current Ratio	0,44	0,71	0,64	0,87
Quick Ratio	0,6	1,13	1,12	2,09
Equity Ratio	−1,19	−0,23	−0,47	−0,15
Gross Profit Margin	22,37 %	48,34 %	31,89 %	49,89 %