AERO SERVICE TECHNOLOGY NORWAY AS

5337 RONG

Finances

Share Ownership

Return on Equity

5,54 %

Current Ratio

3,08

Debt-to-Equity Ratio

0,01

Key figures (USD)	2022	2021	2020	2019
Revenue	5 995 000	4 245 000	29 158 000	4 932 000
Net Income	249 000	143 000	1 233 000	−402 000
Total Assets	6 224 000	5 064 000	39 691 000	39 948 000
Total Equity	4 492 000	4 132 000	34 921 000	35 112 000

Income (USD)	2022	2021	2020	2019
Revenue	5 995 000	4 245 000	29 158 000	4 932 000
Expenditure	5 464 000	4 019 000	28 460 000	5 470 000
Operating Profit	532 000	226 000	697 000	−538 000
Financial Income	45 000	0	503 000	24 000
Financial Costs	128 000	32 000	0	1 000
Financial Balance	−83 000	−32 000	503 000	23 000
Earnings Before Tax	450 000	194 000	1 201 000	−516 000
Tax	202 000	51 000	−33 000	−113 000
Net Income	249 000	143 000	1 233 000	−402 000

Balance (USD)	2022	2021	2020	2019
Total Fixed Assets	1 030 000	808 000	7 687 000	27 396 000
Total Current Assets	5 194 000	4 256 000	32 004 000	12 552 000
Total Assets	6 224 000	5 064 000	39 691 000	39 948 000
Total Retained Equity	592 000	232 000	−594 000	−402 000
Total Equity	4 492 000	4 132 000	34 921 000	35 112 000
Total Long-Term Debt	46 000	30 000	0	0
Total Current Debt	1 687 000	902 000	4 770 000	4 836 000
Total Equity and Debt	6 224 000	5 064 000	39 691 000	39 948 000

Cash flow (USD)	2022	2021	2020	2019
Sales Income	5 995 000	4 245 000	29 158 000	4 932 000
Other Income	0	0	0	0
Revenue	5 995 000	4 245 000	29 158 000	4 932 000
Cost of Goods Sold	3 392 000	2 492 000	18 793 000	2 828 000
Salary Costs	1 004 000	426 000	6 131 000	1 000 000
Depreciation	123 000	123 000	1 064 000	115 000
Impairment	0	0	0	0
Expenditure	5 464 000	4 019 000	28 460 000	5 470 000
Operating Profit	532 000	226 000	697 000	−538 000
Financial Income	45 000	0	503 000	24 000
Financial Costs	128 000	32 000	0	1 000
Financial Balance	−83 000	−32 000	503 000	23 000
Dividends	0	0	0	0
Net Income	249 000	143 000	1 233 000	−402 000

Balance details (USD)	2022	2021	2020	2019
Goodwill	74 000	115 000	1 364 000	1 861 000
Total Intangible Assets	74 000	115 000	1 510 000	1 974 000
Real Eastate	292 000	22 000	116 000	141 000
Machinery and Plant Facilities	0	671 000	5 520 000	6 280 000
Fixtures	663 000	0	541 000	0
Total Tangible Assets	956 000	693 000	6 177 000	6 421 000
Total Fiancial Fixed Assets	0	0	0	19 000 000
Total Fixed Assets	1 030 000	808 000	7 687 000	27 396 000
Stock	1 590 000	1 271 000	10 864 000	8 178 000
Total Investments	0	0	0	0
Cash, Bank	2 542 000	2 153 000	13 203 000	552 000
Total Current Assets	5 194 000	4 256 000	32 004 000	12 552 000
Total Assets	6 224 000	5 064 000	39 691 000	39 948 000
Total Equity	4 492 000	4 132 000	34 921 000	35 112 000
Short-Term Group Debt	191 000	14 000	450 000	3 368 000
Total Long-Term Debt	46 000	30 000	0	0
Creditors	683 000	609 000	2 051 000	497 000
Unpaid Taxes	141 000	45 000	364 000	562 000
Dividends	0	0	0	0
Other Current Debt	491 000	229 000	1 905 000	409 000
Total Current Debt	1 687 000	902 000	4 770 000	4 836 000
Total Equity and Debt	6 224 000	5 064 000	39 691 000	39 948 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,54 %	3,46 %	3,53 %	−1,14 %
Debt-to-Equity Ratio	0,01	0,01	0	0
Operating Profit Margin	8,87 %	5,32 %	2,39 %	−10,91 %
Current Ratio	3,08	4,72	6,71	2,6
Quick Ratio	53,55	−11,53	−5,25	−3,76
Equity Ratio	0,72	0,82	0,88	0,88
Gross Profit Margin	43,42 %	41,3 %	35,55 %	42,66 %