XAIT AS

4033 STAVANGER

Finances

Return on Equity

−73,96 %

Current Ratio

0,45

Debt-to-Equity Ratio

6,6

Key figures (NOK)	2022	2021	2020	2019
Revenue	94 935 000	89 875 000	74 347 000	56 044 000
Net Income	−14 367 000	−2 458 000	7 447 000	8 084 000
Total Assets	280 053 000	234 987 000	97 050 000	96 591 000
Total Equity	19 425 000	33 707 000	35 091 000	43 952 000

Income (NOK)	2022	2021	2020	2019
Revenue	94 935 000	89 875 000	74 347 000	56 044 000
Expenditure	124 980 000	95 642 000	61 719 000	45 936 000
Operating Profit	−30 045 000	−5 767 000	12 628 000	10 107 000
Financial Income	21 383 000	2 005 000	59 000	633 000
Financial Costs	10 803 000	1 192 000	1 970 000	915 000
Financial Balance	10 580 000	813 000	−1 911 000	−282 000
Earnings Before Tax	−19 466 000	−4 954 000	10 718 000	9 826 000
Tax	−5 099 000	−2 497 000	3 271 000	1 742 000
Net Income	−14 367 000	−2 458 000	7 447 000	8 084 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	220 705 000	84 951 000	54 933 000	59 443 000
Total Current Assets	59 348 000	150 037 000	42 117 000	37 148 000
Total Assets	280 053 000	234 987 000	97 050 000	96 591 000
Total Retained Equity	0	−13 331 000	−6 895 000	6 604 000
Total Equity	19 425 000	33 707 000	35 091 000	43 952 000
Total Long-Term Debt	128 222 000	129 694 000	8 649 000	7 718 000
Total Current Debt	132 406 000	71 586 000	53 309 000	44 921 000
Total Equity and Debt	280 053 000	234 987 000	97 050 000	96 591 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	91 201 000	86 370 000	74 347 000	56 044 000
Other Income	3 734 000	3 504 000	0	0
Revenue	94 935 000	89 875 000	74 347 000	56 044 000
Cost of Goods Sold	28 849 000	0	6 000	3 815 000
Salary Costs	38 713 000	46 194 000	25 708 000	19 241 000
Depreciation	24 581 000	21 391 000	13 811 000	11 751 000
Impairment	0	0	0	0
Expenditure	124 980 000	95 642 000	61 719 000	45 936 000
Operating Profit	−30 045 000	−5 767 000	12 628 000	10 107 000
Financial Income	21 383 000	2 005 000	59 000	633 000
Financial Costs	10 803 000	1 192 000	1 970 000	915 000
Financial Balance	10 580 000	813 000	−1 911 000	−282 000
Dividends	0	0	0	0
Net Income	−14 367 000	−2 458 000	7 447 000	8 084 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	67 196 000	75 245 000	51 867 000	28 783 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	9 706 000	0	0
Fixtures	7 783 000	0	2 805 000	4 419 000
Total Tangible Assets	7 783 000	9 706 000	2 805 000	4 419 000
Total Fiancial Fixed Assets	145 726 000	0	261 000	26 241 000
Total Fixed Assets	220 705 000	84 951 000	54 933 000	59 443 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	7 236 000	117 570 000	13 013 000	12 847 000
Total Current Assets	59 348 000	150 037 000	42 117 000	37 148 000
Total Assets	280 053 000	234 987 000	97 050 000	96 591 000
Total Equity	19 425 000	33 707 000	35 091 000	43 952 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	128 222 000	129 694 000	8 649 000	7 718 000
Creditors	58 300 000	5 226 000	2 665 000	1 949 000
Unpaid Taxes	13 053 000	6 168 000	3 483 000	2 542 000
Dividends	0	0	0	0
Other Current Debt	61 053 000	60 192 000	42 590 000	40 197 000
Total Current Debt	132 406 000	71 586 000	53 309 000	44 921 000
Total Equity and Debt	280 053 000	234 987 000	97 050 000	96 591 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−73,96 %	−7,29 %	21,22 %	18,39 %
Debt-to-Equity Ratio	6,6	3,85	0,25	0,18
Operating Profit Margin	−31,65 %	−6,42 %	16,99 %	18,03 %
Current Ratio	0,45	2,1	0,79	0,83
Quick Ratio	0,45	2,1	0,79	0,83
Equity Ratio	0,07	0,14	0,36	0,46
Gross Profit Margin	69,61 %	100 %	99,99 %	93,19 %