APPLIED PETROLEUM TECHNOLOGY AS

0950 OSLO

Finances

Share Ownership

Return on Equity

−12,29 %

Current Ratio

1,09

Debt-to-Equity Ratio

0,18

Key figures (NOK)	2022	2021	2020	2019
Revenue	48 929 000	59 419 000	47 626 000	61 573 000
Net Income	−7 358 000	1 208 000	−2 272 000	−554 000
Total Assets	87 896 000	90 403 000	83 165 000	95 009 000
Total Equity	59 862 000	62 055 000	58 845 000	59 198 000

Income (NOK)	2022	2021	2020	2019
Revenue	48 929 000	59 419 000	47 626 000	61 573 000
Expenditure	56 950 000	57 548 000	51 906 000	61 470 000
Operating Profit	−8 020 000	1 871 000	−4 280 000	102 000
Financial Income	405 000	291 000	1 359 000	549 000
Financial Costs	1 189 000	963 000	1 210 000	1 382 000
Financial Balance	−784 000	−672 000	149 000	−833 000
Earnings Before Tax	−8 804 000	1 199 000	−4 131 000	−731 000
Tax	−1 446 000	−9 000	−1 858 000	−177 000
Net Income	−7 358 000	1 208 000	−2 272 000	−554 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	68 759 000	62 155 000	61 879 000	64 402 000
Total Current Assets	19 137 000	28 248 000	21 286 000	30 607 000
Total Assets	87 896 000	90 403 000	83 165 000	95 009 000
Total Retained Equity	9 930 000	17 322 000	15 951 000	18 365 000
Total Equity	59 862 000	62 055 000	58 845 000	59 198 000
Total Long-Term Debt	10 506 000	11 860 000	9 372 000	11 720 000
Total Current Debt	17 528 000	16 488 000	14 948 000	24 091 000
Total Equity and Debt	87 896 000	90 403 000	83 165 000	95 009 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	48 257 000	58 813 000	46 937 000	61 573 000
Other Income	673 000	606 000	689 000	0
Revenue	48 929 000	59 419 000	47 626 000	61 573 000
Cost of Goods Sold	2 674 000	4 303 000	4 238 000	7 470 000
Salary Costs	30 079 000	34 160 000	29 661 000	34 670 000
Depreciation	8 665 000	7 967 000	7 051 000	6 969 000
Impairment	0	0	0	0
Expenditure	56 950 000	57 548 000	51 906 000	61 470 000
Operating Profit	−8 020 000	1 871 000	−4 280 000	102 000
Financial Income	405 000	291 000	1 359 000	549 000
Financial Costs	1 189 000	963 000	1 210 000	1 382 000
Financial Balance	−784 000	−672 000	149 000	−833 000
Dividends	0	0	0	0
Net Income	−7 358 000	1 208 000	−2 272 000	−554 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	17 821 000	19 682 000	21 544 000	23 406 000
Total Intangible Assets	61 713 000	54 865 000	53 132 000	54 118 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	7 046 000	7 290 000	8 747 000	10 284 000
Total Tangible Assets	7 046 000	7 290 000	8 747 000	10 284 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	68 759 000	62 155 000	61 879 000	64 402 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 579 000	10 802 000	11 064 000	9 667 000
Total Current Assets	19 137 000	28 248 000	21 286 000	30 607 000
Total Assets	87 896 000	90 403 000	83 165 000	95 009 000
Total Equity	59 862 000	62 055 000	58 845 000	59 198 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 506 000	11 860 000	9 372 000	11 720 000
Creditors	6 240 000	2 131 000	3 275 000	3 823 000
Unpaid Taxes	1 949 000	4 630 000	3 102 000	4 858 000
Dividends	0	0	0	0
Other Current Debt	6 579 000	7 603 000	4 067 000	8 098 000
Total Current Debt	17 528 000	16 488 000	14 948 000	24 091 000
Total Equity and Debt	87 896 000	90 403 000	83 165 000	95 009 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−12,29 %	1,95 %	−3,86 %	−0,94 %
Debt-to-Equity Ratio	0,18	0,19	0,16	0,2
Operating Profit Margin	−16,39 %	3,15 %	−8,99 %	0,17 %
Current Ratio	1,09	1,71	1,42	1,27
Quick Ratio	1,09	1,71	1,42	1,27
Equity Ratio	0,68	0,69	0,71	0,62
Gross Profit Margin	94,53 %	92,76 %	91,1 %	87,87 %