AZERION NORWAY AS

0184 OSLO

Finances

Share Ownership

Return on Equity

−72,68 %

Current Ratio

1,84

Debt-to-Equity Ratio

0,59

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 458 000	21 264 000	11 833 000	16 260 000
Net Income	−2 580 000	205 000	80 000	112 000
Total Assets	12 391 000	15 876 000	13 141 000	10 202 000
Total Equity	3 550 000	6 130 000	5 925 000	5 845 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 458 000	21 264 000	11 833 000	16 260 000
Expenditure	16 457 000	20 103 000	12 636 000	15 874 000
Operating Profit	−2 000 000	1 160 000	−803 000	384 000
Financial Income	1 000	182 000	1 092 000	1 000
Financial Costs	578 000	1 066 000	177 000	207 000
Financial Balance	−577 000	−884 000	915 000	−206 000
Earnings Before Tax	−2 576 000	276 000	112 000	178 000
Tax	4 000	71 000	32 000	66 000
Net Income	−2 580 000	205 000	80 000	112 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	64 000	574 000	602 000
Total Current Assets	12 391 000	15 811 000	12 567 000	9 600 000
Total Assets	12 391 000	15 876 000	13 141 000	10 202 000
Total Retained Equity	970 000	3 550 000	3 345 000	3 265 000
Total Equity	3 550 000	6 130 000	5 925 000	5 845 000
Total Long-Term Debt	2 105 000	0	0	0
Total Current Debt	6 736 000	9 746 000	7 216 000	4 357 000
Total Equity and Debt	12 391 000	15 876 000	13 141 000	10 202 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 458 000	20 944 000	11 684 000	16 207 000
Other Income	0	319 000	150 000	52 000
Revenue	14 458 000	21 264 000	11 833 000	16 260 000
Cost of Goods Sold	8 250 000	11 983 000	5 344 000	5 560 000
Salary Costs	5 438 000	5 285 000	3 605 000	4 713 000
Depreciation	0	6 000	12 000	12 000
Impairment	0	0	0	0
Expenditure	16 457 000	20 103 000	12 636 000	15 874 000
Operating Profit	−2 000 000	1 160 000	−803 000	384 000
Financial Income	1 000	182 000	1 092 000	1 000
Financial Costs	578 000	1 066 000	177 000	207 000
Financial Balance	−577 000	−884 000	915 000	−206 000
Dividends	0	0	0	0
Net Income	−2 580 000	205 000	80 000	112 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	4 000	3 000	19 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	6 000	19 000
Total Tangible Assets	0	0	6 000	19 000
Total Fiancial Fixed Assets	0	61 000	565 000	565 000
Total Fixed Assets	0	64 000	574 000	602 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 791 000	482 000	667 000	246 000
Total Current Assets	12 391 000	15 811 000	12 567 000	9 600 000
Total Assets	12 391 000	15 876 000	13 141 000	10 202 000
Total Equity	3 550 000	6 130 000	5 925 000	5 845 000
Short-Term Group Debt	0	5 382 000	0	0
Total Long-Term Debt	2 105 000	0	0	0
Creditors	3 554 000	2 491 000	5 489 000	590 000
Unpaid Taxes	813 000	832 000	1 104 000	862 000
Dividends	0	0	0	0
Other Current Debt	2 369 000	1 020 000	607 000	2 838 000
Total Current Debt	6 736 000	9 746 000	7 216 000	4 357 000
Total Equity and Debt	12 391 000	15 876 000	13 141 000	10 202 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−72,68 %	3,34 %	1,35 %	1,92 %
Debt-to-Equity Ratio	0,59	0	0	0
Operating Profit Margin	−13,83 %	5,46 %	−6,79 %	2,36 %
Current Ratio	1,84	1,62	1,74	2,2
Quick Ratio	1,84	1,62	1,74	2,2
Equity Ratio	0,29	0,39	0,45	0,57
Gross Profit Margin	42,94 %	43,65 %	54,84 %	65,81 %