ROBOT AVIATION AS

3514 HØNEFOSS

Finances

Share Ownership

Return on Equity

−279,69 %

Current Ratio

Debt-to-Equity Ratio

2,35

Key figures (NOK)	2021	2020	2019	2018
Revenue	3 389 000	6 137 000	6 736 000	1 072 000
Net Income	−12 094 000	−13 126 000	−22 585 000	−31 586 000
Total Assets	16 424 000	22 193 000	28 679 000	27 792 000
Total Equity	4 324 000	10 400 000	9 477 000	9 462 000

Income (NOK)	2021	2020	2019	2018
Revenue	3 389 000	6 137 000	6 736 000	1 072 000
Expenditure	12 636 000	18 223 000	27 073 000	39 483 000
Operating Profit	−10 133 000	−12 412 000	−22 374 000	−31 508 000
Financial Income	701 000	831 000	856 000	330 000
Financial Costs	2 661 000	1 545 000	1 067 000	407 000
Financial Balance	−1 960 000	−714 000	−211 000	−77 000
Earnings Before Tax	−12 094 000	−13 126 000	−22 585 000	−31 586 000
Tax	0	0	0	0
Net Income	−12 094 000	−13 126 000	−22 585 000	−31 586 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	10 665 000	11 151 000	13 730 000	12 742 000
Total Current Assets	5 759 000	11 042 000	14 949 000	15 049 000
Total Assets	16 424 000	22 193 000	28 679 000	27 792 000
Total Retained Equity	−9 070 000	3 023 000	−3 600 000	−66 561 000
Total Equity	4 324 000	10 400 000	9 477 000	9 462 000
Total Long-Term Debt	10 180 000	9 487 000	11 691 000	13 040 000
Total Current Debt	1 920 000	2 306 000	7 511 000	5 290 000
Total Equity and Debt	16 424 000	22 193 000	28 679 000	27 792 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	110 000	218 000	2 476 000	385 000
Other Income	3 280 000	5 919 000	4 260 000	687 000
Revenue	3 389 000	6 137 000	6 736 000	1 072 000
Cost of Goods Sold	448 000	3 029 000	5 441 000	17 039 000
Salary Costs	4 750 000	7 958 000	10 957 000	9 850 000
Depreciation	1 699 000	857 000	494 000	488 000
Impairment	0	0	976 000	0
Expenditure	12 636 000	18 223 000	27 073 000	39 483 000
Operating Profit	−10 133 000	−12 412 000	−22 374 000	−31 508 000
Financial Income	701 000	831 000	856 000	330 000
Financial Costs	2 661 000	1 545 000	1 067 000	407 000
Financial Balance	−1 960 000	−714 000	−211 000	−77 000
Dividends	0	0	0	0
Net Income	−12 094 000	−13 126 000	−22 585 000	−31 586 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	39 000	64 000	90 000	116 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	145 000	152 000	159 000	167 000
Fixtures	3 240 000	2 557 000	2 380 000	1 810 000
Total Tangible Assets	3 386 000	2 710 000	2 540 000	1 976 000
Total Fiancial Fixed Assets	7 241 000	8 377 000	11 101 000	10 650 000
Total Fixed Assets	10 665 000	11 151 000	13 730 000	12 742 000
Stock	4 743 000	7 924 000	7 862 000	10 003 000
Total Investments	0	0	0	0
Cash, Bank	343 000	2 938 000	400 000	568 000
Total Current Assets	5 759 000	11 042 000	14 949 000	15 049 000
Total Assets	16 424 000	22 193 000	28 679 000	27 792 000
Total Equity	4 324 000	10 400 000	9 477 000	9 462 000
Short-Term Group Debt	0	13 000	713 000	582 000
Total Long-Term Debt	10 180 000	9 487 000	11 691 000	13 040 000
Creditors	736 000	1 119 000	1 651 000	2 220 000
Unpaid Taxes	465 000	305 000	715 000	945 000
Dividends	0	0	0	0
Other Current Debt	720 000	869 000	3 123 000	1 543 000
Total Current Debt	1 920 000	2 306 000	7 511 000	5 290 000
Total Equity and Debt	16 424 000	22 193 000	28 679 000	27 792 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−279,69 %	−126,21 %	−238,31 %	−333,82 %
Debt-to-Equity Ratio	2,35	0,91	1,23	1,38
Operating Profit Margin	−299 %	−202,25 %	−332,16 %	−2 939,18 %
Current Ratio	3	4,79	1,99	2,84
Quick Ratio	−2,04	−1,97	−42,59	−3,19
Equity Ratio	0,26	0,47	0,33	0,34
Gross Profit Margin	86,78 %	50,64 %	19,23 %	−1 489,46 %