ASHTEAD TECHNOLOGY AS

4014 STAVANGER

Finances

Share Ownership

Return on Equity

9,53 %

Current Ratio

1,7

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2018
Revenue	18 122 000	22 649 000	40 124 000	30 769 000
Net Income	484 000	1 753 000	2 862 000	−1 645 000
Total Assets	10 137 000	12 321 000	18 259 000	9 485 000
Total Equity	5 080 000	9 264 000	7 511 000	4 649 000

Income (NOK)	2022	2021	2020	2018
Revenue	18 122 000	22 649 000	40 124 000	30 769 000
Expenditure	17 465 000	20 641 000	36 192 000	32 701 000
Operating Profit	657 000	2 007 000	3 933 000	−1 932 000
Financial Income	54 000	265 000	160 000	148 000
Financial Costs	82 000	12 000	414 000	332 000
Financial Balance	−28 000	253 000	−254 000	−184 000
Earnings Before Tax	629 000	2 260 000	3 678 000	−2 117 000
Tax	145 000	506 000	816 000	−472 000
Net Income	484 000	1 753 000	2 862 000	−1 645 000

Balance (NOK)	2022	2021	2020	2018
Total Fixed Assets	1 552 000	1 208 000	1 416 000	3 122 000
Total Current Assets	8 585 000	11 113 000	16 843 000	6 363 000
Total Assets	10 137 000	12 321 000	18 259 000	9 485 000
Total Retained Equity	4 980 000	9 164 000	7 411 000	4 549 000
Total Equity	5 080 000	9 264 000	7 511 000	4 649 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	5 058 000	3 057 000	10 748 000	4 836 000
Total Equity and Debt	10 137 000	12 321 000	18 259 000	9 485 000

Cash flow (NOK)	2022	2021	2020	2018
Sales Income	18 122 000	22 649 000	40 043 000	30 769 000
Other Income	0	0	80 000	0
Revenue	18 122 000	22 649 000	40 124 000	30 769 000
Cost of Goods Sold	12 801 000	16 839 000	29 797 000	21 082 000
Salary Costs	2 875 000	1 860 000	3 114 000	4 485 000
Depreciation	482 000	725 000	1 244 000	1 351 000
Impairment	0	0	0	176 000
Expenditure	17 465 000	20 641 000	36 192 000	32 701 000
Operating Profit	657 000	2 007 000	3 933 000	−1 932 000
Financial Income	54 000	265 000	160 000	148 000
Financial Costs	82 000	12 000	414 000	332 000
Financial Balance	−28 000	253 000	−254 000	−184 000
Dividends	0	0	0	0
Net Income	484 000	1 753 000	2 862 000	−1 645 000

Balance details (NOK)	2022	2021	2020	2018
Goodwill	0	0	0	0
Total Intangible Assets	152 000	140 000	86 000	237 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	1 400 000	1 069 000	1 330 000	2 885 000
Fixtures	0	0	0	0
Total Tangible Assets	1 400 000	1 069 000	1 330 000	2 885 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 552 000	1 208 000	1 416 000	3 122 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 321 000	7 771 000	4 567 000	847 000
Total Current Assets	8 585 000	11 113 000	16 843 000	6 363 000
Total Assets	10 137 000	12 321 000	18 259 000	9 485 000
Total Equity	5 080 000	9 264 000	7 511 000	4 649 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 173 000	1 386 000	4 717 000	2 485 000
Unpaid Taxes	911 000	456 000	2 089 000	225 000
Dividends	0	0	0	0
Other Current Debt	1 330 000	767 000	3 300 000	2 080 000
Total Current Debt	5 058 000	3 057 000	10 748 000	4 836 000
Total Equity and Debt	10 137 000	12 321 000	18 259 000	9 485 000

Financial indicators	2022	2021	2020	2018
Return on Equity	9,53 %	18,92 %	38,1 %	−35,38 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,63 %	8,86 %	9,8 %	−6,28 %
Current Ratio	1,7	3,64	1,57	1,32
Quick Ratio	1,7	3,64	1,57	1,32
Equity Ratio	0,5	0,75	0,41	0,49
Gross Profit Margin	29,36 %	25,65 %	25,74 %	31,48 %