AERO-TEC AS

6110 AUSTEFJORDEN

Finances

Share Ownership

Return on Equity

9,36 %

Current Ratio

0,99

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 812 000	4 402 000	3 595 000	2 343 000
Net Income	193 000	631 000	175 000	308 000
Total Assets	2 555 000	2 850 000	1 807 000	1 697 000
Total Equity	2 062 000	1 968 000	1 338 000	1 162 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 812 000	4 402 000	3 595 000	2 343 000
Expenditure	3 546 000	3 578 000	3 337 000	1 916 000
Operating Profit	266 000	823 000	258 000	428 000
Financial Income	0	0	0	0
Financial Costs	18 000	14 000	33 000	33 000
Financial Balance	−18 000	−14 000	−33 000	−33 000
Earnings Before Tax	248 000	809 000	225 000	395 000
Tax	55 000	178 000	50 000	87 000
Net Income	193 000	631 000	175 000	308 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 069 000	2 130 000	1 300 000	1 310 000
Total Current Assets	487 000	721 000	507 000	387 000
Total Assets	2 555 000	2 850 000	1 807 000	1 697 000
Total Retained Equity	1 764 000	1 671 000	1 040 000	865 000
Total Equity	2 062 000	1 968 000	1 338 000	1 162 000
Total Long-Term Debt	0	0	35 000	371 000
Total Current Debt	494 000	882 000	434 000	164 000
Total Equity and Debt	2 555 000	2 850 000	1 807 000	1 697 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 766 000	4 402 000	3 595 000	2 330 000
Other Income	46 000	0	0	13 000
Revenue	3 812 000	4 402 000	3 595 000	2 343 000
Cost of Goods Sold	1 281 000	1 390 000	1 202 000	700 000
Salary Costs	903 000	708 000	838 000	7 000
Depreciation	246 000	396 000	297 000	318 000
Impairment	0	0	0	0
Expenditure	3 546 000	3 578 000	3 337 000	1 916 000
Operating Profit	266 000	823 000	258 000	428 000
Financial Income	0	0	0	0
Financial Costs	18 000	14 000	33 000	33 000
Financial Balance	−18 000	−14 000	−33 000	−33 000
Dividends	0	0	0	0
Net Income	193 000	631 000	175 000	308 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	29 000	12 000	0	0
Real Eastate	124 000	24 000	27 000	30 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 915 000	2 093 000	1 273 000	1 280 000
Total Tangible Assets	2 040 000	2 117 000	1 300 000	1 310 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 069 000	2 130 000	1 300 000	1 310 000
Stock	14 000	18 000	21 000	40 000
Total Investments	0	0	0	0
Cash, Bank	440 000	698 000	422 000	43 000
Total Current Assets	487 000	721 000	507 000	387 000
Total Assets	2 555 000	2 850 000	1 807 000	1 697 000
Total Equity	2 062 000	1 968 000	1 338 000	1 162 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	35 000	371 000
Creditors	95 000	159 000	55 000	20 000
Unpaid Taxes	244 000	395 000	231 000	46 000
Dividends	0	0	0	0
Other Current Debt	84 000	102 000	80 000	1 000
Total Current Debt	494 000	882 000	434 000	164 000
Total Equity and Debt	2 555 000	2 850 000	1 807 000	1 697 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,36 %	32,06 %	13,08 %	26,51 %
Debt-to-Equity Ratio	0	0	0,03	0,32
Operating Profit Margin	6,98 %	18,7 %	7,18 %	18,27 %
Current Ratio	0,99	0,82	1,17	2,36
Quick Ratio	1,01	0,83	1,23	3,12
Equity Ratio	0,81	0,69	0,74	0,68
Gross Profit Margin	66,4 %	68,42 %	66,56 %	70,12 %