AUDIO TECH AS

2070 RÅHOLT

Finances

Share Ownership

Return on Equity

−640 %

Current Ratio

2,37

Debt-to-Equity Ratio

−10,8

Key figures (NOK)	2022	2021	2020	2019
Revenue	377 000	510 000	223 000	463 000
Net Income	64 000	−20 000	−76 000	−569 000
Total Assets	168 000	206 000	149 000	217 000
Total Equity	−10 000	−74 000	22 000	−902 000

Income (NOK)	2022	2021	2020	2019
Revenue	377 000	510 000	223 000	463 000
Expenditure	311 000	524 000	296 000	1 016 000
Operating Profit	66 000	−14 000	−73 000	−553 000
Financial Income	5 000	2 000	0	0
Financial Costs	7 000	8 000	3 000	15 000
Financial Balance	−2 000	−6 000	−3 000	−15 000
Earnings Before Tax	64 000	−20 000	−76 000	−569 000
Tax	0	0	0	0
Net Income	64 000	−20 000	−76 000	−569 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	168 000	206 000	149 000	217 000
Total Assets	168 000	206 000	149 000	217 000
Total Retained Equity	−110 000	−174 000	−78 000	−1 002 000
Total Equity	−10 000	−74 000	22 000	−902 000
Total Long-Term Debt	108 000	154 000	170 000	920 000
Total Current Debt	71 000	126 000	33 000	199 000
Total Equity and Debt	168 000	206 000	225 000	217 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	377 000	510 000	223 000	463 000
Other Income	0	0	0	0
Revenue	377 000	510 000	223 000	463 000
Cost of Goods Sold	240 000	460 000	91 000	220 000
Salary Costs	0	0	77 000	372 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	311 000	524 000	296 000	1 016 000
Operating Profit	66 000	−14 000	−73 000	−553 000
Financial Income	5 000	2 000	0	0
Financial Costs	7 000	8 000	3 000	15 000
Financial Balance	−2 000	−6 000	−3 000	−15 000
Dividends	0	0	0	0
Net Income	64 000	−20 000	−76 000	−569 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
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	0	0	0	0
Stock	100 000	100 000	95 000	95 000
Total Investments	0	0	0	0
Cash, Bank	29 000	53 000	7 000	69 000
Total Current Assets	168 000	206 000	149 000	217 000
Total Assets	168 000	206 000	149 000	217 000
Total Equity	−10 000	−74 000	22 000	−902 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	108 000	154 000	170 000	920 000
Creditors	25 000	39 000	6 000	107 000
Unpaid Taxes	34 000	30 000	0	53 000
Dividends	0	0	0	0
Other Current Debt	11 000	57 000	28 000	39 000
Total Current Debt	71 000	126 000	33 000	199 000
Total Equity and Debt	168 000	206 000	225 000	217 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−640 %	27,03 %	−345,45 %	63,08 %
Debt-to-Equity Ratio	−10,8	−2,08	7,73	−1,02
Operating Profit Margin	17,51 %	−2,75 %	−32,74 %	−119,44 %
Current Ratio	2,37	1,63	4,52	1,09
Quick Ratio	−5,79	7,92	−2,4	2,09
Equity Ratio	−0,06	−0,36	0,15	−4,16
Gross Profit Margin	36,34 %	9,8 %	59,19 %	52,48 %