AIRTHINGS ASA

0167 OSLO

Finances

Share Ownership

Return on Equity

−20,75 %

Current Ratio

4,66

Debt-to-Equity Ratio

0,05

Key figures (USD)	2022	2021	2020	2019
Revenue	35 424 000	33 699 000	215 654 000	144 281 000
Net Income	−10 566 000	−7 261 000	−40 126 000	−9 194 000
Total Assets	63 742 000	83 681 000	738 351 000	143 809 000
Total Equity	50 928 000	67 842 000	659 826 000	97 507 000

Income (USD)	2022	2021	2020	2019
Revenue	35 424 000	33 699 000	215 654 000	144 281 000
Expenditure	50 086 000	43 069 000	269 906 000	156 680 000
Operating Profit	−14 662 000	−9 370 000	−54 252 000	−12 398 000
Financial Income	1 173 000	323 000	183 000	4 374 000
Financial Costs	208 000	269 000	4 915 000	5 161 000
Financial Balance	965 000	54 000	−4 732 000	−787 000
Earnings Before Tax	−13 697 000	−9 316 000	−58 984 000	−13 186 000
Tax	−3 131 000	−2 055 000	−18 858 000	−3 992 000
Net Income	−10 566 000	−7 261 000	−40 126 000	−9 194 000

Balance (USD)	2022	2021	2020	2019
Total Fixed Assets	16 541 000	16 339 000	84 091 000	10 799 000
Total Current Assets	47 201 000	67 342 000	654 261 000	133 010 000
Total Assets	63 742 000	83 681 000	738 351 000	143 809 000
Total Retained Equity	−28 243 000	−11 017 000	−63 256 000	5 273 000
Total Equity	50 928 000	67 842 000	659 826 000	97 507 000
Total Long-Term Debt	2 679 000	4 892 000	0	17 889 000
Total Current Debt	10 135 000	10 946 000	78 526 000	28 414 000
Total Equity and Debt	63 742 000	83 680 000	738 351 000	143 809 000

Cash flow (USD)	2022	2021	2020	2019
Sales Income	35 424 000	33 671 000	214 494 000	139 472 000
Other Income	0	28 000	1 160 000	4 809 000
Revenue	35 424 000	33 699 000	215 654 000	144 281 000
Cost of Goods Sold	14 465 000	13 041 000	71 134 000	39 202 000
Salary Costs	16 654 000	15 127 000	85 599 000	47 979 000
Depreciation	1 433 000	1 335 000	4 997 000	694 000
Impairment	1 444 000	0	0	0
Expenditure	50 086 000	43 069 000	269 906 000	156 680 000
Operating Profit	−14 662 000	−9 370 000	−54 252 000	−12 398 000
Financial Income	1 173 000	323 000	183 000	4 374 000
Financial Costs	208 000	269 000	4 915 000	5 161 000
Financial Balance	965 000	54 000	−4 732 000	−787 000
Dividends	0	0	0	0
Net Income	−10 566 000	−7 261 000	−40 126 000	−9 194 000

Balance details (USD)	2022	2021	2020	2019
Goodwill	2 872 000	3 210 000	36 427 000	0
Total Intangible Assets	15 579 000	14 455 000	66 011 000	8 149 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	456 000	349 000
Fixtures	830 000	809 000	4 619 000	1 948 000
Total Tangible Assets	830 000	809 000	5 076 000	2 297 000
Total Fiancial Fixed Assets	132 000	1 075 000	13 004 000	353 000
Total Fixed Assets	16 541 000	16 339 000	84 091 000	10 799 000
Stock	18 713 000	11 429 000	40 095 000	58 058 000
Total Investments	0	0	0	0
Cash, Bank	13 274 000	42 174 000	537 048 000	49 076 000
Total Current Assets	47 201 000	67 342 000	654 261 000	133 010 000
Total Assets	63 742 000	83 681 000	738 351 000	143 809 000
Total Equity	50 928 000	67 842 000	659 826 000	97 507 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 679 000	4 892 000	0	17 889 000
Creditors	5 142 000	6 051 000	23 788 000	12 149 000
Unpaid Taxes	1 034 000	976 000	7 577 000	3 416 000
Dividends	0	0	0	0
Other Current Debt	3 899 000	3 892 000	39 938 000	12 810 000
Total Current Debt	10 135 000	10 946 000	78 526 000	28 414 000
Total Equity and Debt	63 742 000	83 680 000	738 351 000	143 809 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−20,75 %	−10,7 %	−6,08 %	−9,43 %
Debt-to-Equity Ratio	0,05	0,07	0	0,18
Operating Profit Margin	−41,39 %	−27,8 %	−25,16 %	−8,59 %
Current Ratio	4,66	6,15	8,33	4,68
Quick Ratio	−5,5	−139,42	17,02	−4,49
Equity Ratio	0,8	0,81	0,89	0,68
Gross Profit Margin	59,17 %	61,3 %	67,01 %	72,83 %