Airthings ASA (OSL:AIRX)

Airthings ASA Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Assets

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	2.68	8.83	14.55	13.27	42.17	62.94
Cash & Short-Term Investments	2.68	8.83	14.55	13.27	42.17	62.94
Cash Growth	-70.28%	-39.30%	9.63%	-68.53%	-33.00%	1027.47%
Accounts Receivable	8.29	10.77	11.18	11.1	11.85	7
Other Receivables	1.93	0.99	1.15	1.01	1.08	1.61
Receivables	10.22	11.75	12.33	12.11	12.93	8.61
Inventory	13.74	10.48	15.32	18.71	11.43	4.69
Prepaid Expenses	-	3.72	3.94	3.1	0.81	0.43
Other Current Assets	-	-	-0	0	-	-
Total Current Assets	26.64	34.78	46.14	47.2	67.34	76.68
Property, Plant & Equipment	1.24	1.98	3.16	3.97	5.05	4.17
Goodwill	-	-	2.78	2.87	3.21	3.32
Other Intangible Assets	2.96	3.38	3.61	2.46	2.5	2.33
Long-Term Deferred Tax Assets	0.03	2.69	8.85	7.11	4.51	2.95
Other Long-Term Assets	0	0.05	0.11	0.13	1.07	1.52
Total Assets	31.47	42.89	64.65	63.74	83.68	90.98

Liabilities

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Accounts Payable	6.01	3.95	3.64	3.94	4.78	2.79
Accrued Expenses	1.17	1.8	2.15	1.94	1.72	0.03
Current Portion of Long-Term Debt	2.14	0.06	-	-	-	1.9
Current Portion of Leases	0.67	0.77	0.89	0.85	0.67	0.47
Current Income Taxes Payable	-	-	0.07	0.06	0.03	0.01
Current Unearned Revenue	1.87	2.35	2.29	2.15	1.87	0.49
Other Current Liabilities	-0	3.3	1.97	1.21	1.88	3.6
Total Current Liabilities	11.86	12.22	11	10.14	10.95	9.3
Long-Term Debt	1.4	1.17	1.38	-	-	-
Long-Term Leases	0.41	1	1.9	2.55	3.8	3.24
Long-Term Deferred Tax Liabilities	-	-	-	-	-	0.34
Other Long-Term Liabilities	-	0.05	0.11	0.12	1.09	1.44
Total Liabilities	13.67	14.45	14.39	12.82	15.84	14.33

Shareholders' Equity

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Common Stock	0.22	0.22	0.22	0.19	0.19	0.19
Additional Paid-In Capital	86.46	86.38	86.38	78.98	78.67	78.47
Retained Earnings	-63.47	-49.48	-31.79	-25.25	-14.68	-7.42
Comprehensive Income & Other	-5.42	-8.67	-4.54	-2.99	3.67	5.41
Shareholders' Equity	17.79	28.44	50.26	50.93	67.84	76.65
Total Liabilities & Equity	31.47	42.89	64.65	63.74	83.68	90.98

Additional Metrics

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Total Debt	4.63	3.01	4.16	3.4	4.47	5.62
Net Cash (Debt)	-1.95	5.83	10.39	9.87	37.7	57.33
Net Cash Growth	-	-43.90%	5.26%	-73.82%	-34.23%	1515.86%
Net Cash Per Share	-0.01	0.03	0.05	0.06	0.22	0.43
Filing Date Shares Outstanding	199.3	197.76	197.76	173.99	171.82	170.61
Total Common Shares Outstanding	199.3	197.76	197.76	173.99	171.82	170.61
Working Capital	14.78	22.56	35.14	37.07	56.4	67.38
Book Value Per Share	0.09	0.14	0.25	0.29	0.39	0.45
Tangible Book Value	14.84	25.06	43.87	45.6	62.14	71
Tangible Book Value Per Share	0.07	0.13	0.22	0.26	0.36	0.42
Machinery	-	1.64	1.5	1.46	1.26	0.85

Data Source: S&P Global Market Intelligence Last updated: Sep 30, 2025

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Feb 15, 2026

Data Sources Report a data error