Airthings Logo

Airthings

ISIN

NO0010895568

Ticker

AIRX

Sector

Industrials

Sub-Industry

Electrical Components & Equipment

Country

Norway

Year Founded

2008

About Airthings

Company Description

Airthings was founded with an inventive spirit and an ambitious objective: to offer accurate, user-friendly radon detectors to the masses, making them as common as smoke detectors.

Established in 2008, Airthings is a global tech company led by a team of experienced scientists, engineers, developers and visionaries, with a common goal: to educate on the prevalence of radon, as well as other indoor air contaminants, and develop accessible technology solutions to help people stay healthy.

Served Area

Worldwide

Headquarters

Wergelandsveien 7
0167, Oslo
Norway

Financial statements

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Line item in (usd) 01.01.2021 01.01.2022 01.01.2023
Assets N/A 83,680,000.00 63,743,000.00
Noncurrent Assets N/A 16,339,000.00 16,541,000.00
Property Plant And Equipment N/A 809,000.00 830,000.00
Goodwill N/A 3,210,000.00 2,872,000.00
Intangible Assets Other Than Goodwill N/A 2,495,000.00 2,459,000.00
Deferred Tax Assets N/A 4,509,000.00 7,108,000.00
Other Noncurrent Assets N/A 1,075,000.00 132,000.00
Current Assets N/A 67,342,000.00 47,202,000.00
Inventories N/A 11,429,000.00 18,713,000.00
Current Trade Receivables N/A 11,850,000.00 11,099,000.00
Other Current Receivables N/A 1,889,000.00 4,115,000.00
Cash and cash equivalents 62,943,000.00 42,174,000.00 13,274,000.00
Equity And Liabilities N/A 83,680,000.00 63,743,000.00
Equity 76,648,000.00 67,842,000.00 50,928,000.00
Issued Capital N/A 190,000.00 192,000.00
Retained Earnings N/A -12,721,000.00 -30,311,000.00
Share Premium N/A 78,669,000.00 78,979,000.00
Capital Reserve N/A 1,704,000.00 2,068,000.00
Liabilities N/A 15,838,000.00 12,816,000.00
Noncurrent Liabilities N/A 4,892,000.00 2,679,000.00
Noncurrent Provisions N/A 1,090,000.00 125,000.00
Deferred Tax Liabilities N/A 0.00 0.00
Current Liabilities N/A 10,946,000.00 10,137,000.00
Current Provisions N/A 2,328,000.00 1,938,000.00
Trade And Other Current Payables N/A 7,027,000.00 6,177,000.00
Current Contract Liabilities N/A 894,000.00 1,111,000.00
Current Tax Liabilities Current N/A 27,000.00 60,000.00
Line item in (usd) 01.01.2021/
01.01.2022
01.01.2022/
01.01.2023
Revenue 33,671,000.00 35,424,000.00
Other Income 28,000.00 0.00
Changes In Inventories Of Finished Goods And Work In Progress 13,041,000.00 14,465,000.00
Employee Benefits Expense 15,127,000.00 16,654,000.00
Depreciation And Amortisation Expense 1,335,000.00 1,433,000.00
Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss 0.00 1,444,000.00
Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss 0.00 1,444,000.00
Other Expense By Nature 13,566,000.00 16,090,000.00
Profit Loss From Operating Activities -9,371,000.00 -14,662,000.00
Finance Income 323,000.00 1,173,000.00
Finance Costs 268,000.00 208,000.00
Profit Loss Before Tax -9,315,000.00 -13,697,000.00
Income Tax Expense Continuing Operations -2,055,000.00 -3,131,000.00
Profit (loss) -7,261,000.00 -10,566,000.00
Profit Loss Attributable To Owners Of Parent -7,261,000.00 -10,566,000.00
Line item in (usd) 01.01.2021 01.01.2022 01.01.2023
Profit (loss) N/A -7,261,000.00 -10,566,000.00
Adjustments For Decrease Increase In Inventories N/A -6,736,000.00 -7,284,000.00
Adjustments For Depreciation And Amortisation Expense N/A 1,335,000.00 2,877,000.00
Adjustments For Provisions N/A -380,000.00 -1,354,000.00
Adjustments For Sharebased Payments N/A 608,000.00 364,000.00
Cash Flows From Used In Operating Activities N/A -15,879,000.00 -22,169,000.00
Purchase Of Property Plant And Equipment Classified As Investing Activities N/A 495,000.00 341,000.00
Interest Received Classified As Investing Activities N/A 102,000.00 258,000.00
Cash Flows From Used In Investing Activities N/A -968,000.00 -2,228,000.00
Proceeds From Issuing Shares N/A 198,000.00 312,000.00
Repayments Of Borrowings Classified As Financing Activities N/A 1,901,000.00 0.00
Payments Of Lease Liabilities Classified As Financing Activities N/A 636,000.00 698,000.00
Cash Flows From Used In Financing Activities N/A -2,560,000.00 -586,000.00
Increase (decrease) in cash and cash equivalents before effect of exchange rate changes N/A -19,407,000.00 -24,983,000.00
Effect Of Exchange Rate Changes On Cash And Cash Equivalents N/A -1,362,000.00 -3,917,000.00
Cash and cash equivalents 62,943,000.00 42,174,000.00 13,274,000.00

Please note that some sums might not add up.

Capital Markets Information

ISIN

NO0010895568

LEI

549300XG11DDY7M1KX46

Industry Group

Capital Goods

Listed Stock Exchange

Oslo Børs

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