Airthings ASA (ARTGF)

Airthings ASA Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	5.36	8.83	14.55	13.27	42.17	62.94
Cash & Short-Term Investments	5.36	8.83	14.55	13.27	42.17	62.94
Cash Growth	-59.47%	-39.30%	9.63%	-68.53%	-33.00%	1027.47%
Accounts Receivable	10.91	10.77	11.18	11.1	11.85	7
Other Receivables	3.72	0.99	1.15	1.01	1.08	1.61
Receivables	14.63	11.75	12.33	12.11	12.93	8.61
Inventory	11.31	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	31.3	34.78	46.14	47.2	67.34	76.68
Property, Plant & Equipment	2	1.98	3.16	3.97	5.05	4.17
Goodwill	-	-	2.78	2.87	3.21	3.32
Other Intangible Assets	2.71	3.38	3.61	2.46	2.5	2.33
Long-Term Deferred Tax Assets	2.89	2.69	8.85	7.11	4.51	2.95
Other Long-Term Assets	0.01	0.05	0.11	0.13	1.07	1.52
Total Assets	39.82	42.89	64.65	63.74	83.68	90.98
Accounts Payable	6.31	3.95	3.64	3.94	4.78	2.79
Accrued Expenses	1.09	1.8	2.15	1.94	1.72	0.03
Current Portion of Long-Term Debt	0.07	0.06	-	-	-	1.9
Current Portion of Leases	0.87	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	2.1	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	10.43	12.22	11	10.14	10.95	9.3
Long-Term Debt	1.26	1.17	1.38	-	-	-
Long-Term Leases	0.93	1	1.9	2.55	3.8	3.24
Long-Term Deferred Tax Liabilities	-	-	-	-	-	0.34
Other Long-Term Liabilities	0.01	0.05	0.11	0.12	1.09	1.44
Total Liabilities	12.63	14.45	14.39	12.82	15.84	14.33
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	-52.88	-49.48	-31.79	-25.25	-14.68	-7.42
Comprehensive Income & Other	-6.61	-8.67	-4.54	-2.99	3.67	5.41
Shareholders' Equity	27.19	28.44	50.26	50.93	67.84	76.65
Total Liabilities & Equity	39.82	42.89	64.65	63.74	83.68	90.98
Total Debt	3.13	3.01	4.16	3.4	4.47	5.62
Net Cash (Debt)	2.23	5.83	10.39	9.87	37.7	57.33
Net Cash Growth	-76.59%	-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	20.87	22.56	35.14	37.07	56.4	67.38
Book Value Per Share	0.14	0.14	0.25	0.29	0.39	0.45
Tangible Book Value	24.48	25.06	43.87	45.6	62.14	71
Tangible Book Value Per Share	0.12	0.13	0.22	0.26	0.36	0.42
Machinery	-	1.64	1.5	1.46	1.26	0.85

Source: S&P Global Market Intelligence. Standard template. Financial Sources.