AVIA TRANSPORT SYSTEMS AS

6017 ÅLESUND

Finances

Share Ownership

Return on Equity

−20,41 %

Current Ratio

1,99

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	87 000	42 000	73 000	223 000
Net Income	−40 000	24 000	−211 000	99 000
Total Assets	356 000	515 000	476 000	478 000
Total Equity	196 000	236 000	203 000	414 000

Income (NOK)	2022	2021	2020	2019
Revenue	87 000	42 000	73 000	223 000
Expenditure	127 000	46 000	285 000	111 000
Operating Profit	−40 000	−4 000	−212 000	112 000
Financial Income	0	0	1 000	2 000
Financial Costs	0	0	0	0
Financial Balance	0	0	1 000	2 000
Earnings Before Tax	−40 000	−4 000	−211 000	115 000
Tax	0	−27 000	0	15 000
Net Income	−40 000	24 000	−211 000	99 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	40 000	40 000	0	0
Total Current Assets	316 000	475 000	476 000	478 000
Total Assets	356 000	515 000	476 000	478 000
Total Retained Equity	−524 000	−484 000	−517 000	−306 000
Total Equity	196 000	236 000	203 000	414 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	159 000	279 000	273 000	63 000
Total Equity and Debt	356 000	515 000	476 000	478 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	87 000	42 000	73 000	223 000
Other Income	0	0	0	0
Revenue	87 000	42 000	73 000	223 000
Cost of Goods Sold	0	0	0	40 000
Salary Costs	0	0	0	0
Depreciation	0	10 000	0	0
Impairment	0	0	0	0
Expenditure	127 000	46 000	285 000	111 000
Operating Profit	−40 000	−4 000	−212 000	112 000
Financial Income	0	0	1 000	2 000
Financial Costs	0	0	0	0
Financial Balance	0	0	1 000	2 000
Dividends	0	0	0	0
Net Income	−40 000	24 000	−211 000	99 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	40 000	40 000	0	0
Fixtures	0	0	0	0
Total Tangible Assets	40 000	40 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	40 000	40 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	316 000	475 000	476 000	460 000
Total Current Assets	316 000	475 000	476 000	478 000
Total Assets	356 000	515 000	476 000	478 000
Total Equity	196 000	236 000	203 000	414 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	46 000
Unpaid Taxes	0	0	13 000	17 000
Dividends	0	0	0	0
Other Current Debt	159 000	279 000	260 000	0
Total Current Debt	159 000	279 000	273 000	63 000
Total Equity and Debt	356 000	515 000	476 000	478 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−20,41 %	10,17 %	−103,94 %	23,91 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−45,98 %	−9,52 %	−290,41 %	50,22 %
Current Ratio	1,99	1,7	1,74	7,59
Quick Ratio	1,99	1,7	1,74	7,59
Equity Ratio	0,55	0,46	0,43	0,87
Gross Profit Margin	100 %	100 %	100 %	82,06 %