CAE OSLO - AVIATION ACADEMY AS

2060 GARDERMOEN

Finances

Share Ownership

Return on Equity

44,4 %

Current Ratio

0,02

Debt-to-Equity Ratio

−0

Key figures (NOK)	2023	2022	2021	2020
Revenue	6 961 000	13 253 000	9 949 000	1 718 000
Net Income	−17 704 000	−6 798 000	−6 317 000	−3 875 000
Total Assets	794 000	15 966 000	19 199 000	17 980 000
Total Equity	−39 878 000	−21 702 000	−14 904 000	−8 588 000

Income (NOK)	2023	2022	2021	2020
Revenue	6 961 000	13 253 000	9 949 000	1 718 000
Expenditure	20 800 000	20 250 000	16 320 000	5 541 000
Operating Profit	−13 838 000	−6 999 000	−6 371 000	−3 822 000
Financial Income	154 000	201 000	53 000	0
Financial Costs	4 020 000	0	0	53 000
Financial Balance	−3 866 000	201 000	53 000	−53 000
Earnings Before Tax	−17 704 000	−6 798 000	−6 317 000	−3 875 000
Tax	0	0	0	0
Net Income	−17 704 000	−6 798 000	−6 317 000	−3 875 000

Balance (NOK)	2023	2022	2021	2020
Total Fixed Assets	0	11 229 000	11 023 000	4 897 000
Total Current Assets	794 000	4 736 000	8 175 000	13 083 000
Total Assets	794 000	15 966 000	19 199 000	17 980 000
Total Retained Equity	−41 234 000	−23 058 000	−16 260 000	−9 945 000
Total Equity	−39 878 000	−21 702 000	−14 904 000	−8 588 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	40 672 000	37 668 000	34 102 000	26 568 000
Total Equity and Debt	794 000	15 966 000	19 199 000	17 980 000

Cash flow (NOK)	2023	2022	2021	2020
Sales Income	6 961 000	13 253 000	9 949 000	1 718 000
Other Income	0	0	0	0
Revenue	6 961 000	13 253 000	9 949 000	1 718 000
Cost of Goods Sold	7 040 000	11 577 000	7 685 000	3 138 000
Salary Costs	2 482 000	3 178 000	3 060 000	946 000
Depreciation	1 422 000	1 716 000	977 000	231 000
Impairment	1 471 000	0	0	0
Expenditure	20 800 000	20 250 000	16 320 000	5 541 000
Operating Profit	−13 838 000	−6 999 000	−6 371 000	−3 822 000
Financial Income	154 000	201 000	53 000	0
Financial Costs	4 020 000	0	0	53 000
Financial Balance	−3 866 000	201 000	53 000	−53 000
Dividends	0	0	0	0
Net Income	−17 704 000	−6 798 000	−6 317 000	−3 875 000

Balance details (NOK)	2023	2022	2021	2020
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	10 659 000	10 488 000	0
Fixtures	0	570 000	535 000	822 000
Total Tangible Assets	0	11 229 000	11 023 000	4 822 000
Total Fiancial Fixed Assets	0	0	0	74 000
Total Fixed Assets	0	11 229 000	11 023 000	4 897 000
Stock	0	15 000	15 000	15 000
Total Investments	0	0	0	0
Cash, Bank	536 000	111 000	4 951 000	10 305 000
Total Current Assets	794 000	4 736 000	8 175 000	13 083 000
Total Assets	794 000	15 966 000	19 199 000	17 980 000
Total Equity	−39 878 000	−21 702 000	−14 904 000	−8 588 000
Short-Term Group Debt	40 326 000	14 348 000	1 670 000	0
Total Long-Term Debt	0	0	0	0
Creditors	0	2 838 000	815 000	639 000
Unpaid Taxes	0	87 000	223 000	166 000
Dividends	0	0	0	0
Other Current Debt	345 000	20 394 000	31 394 000	25 763 000
Total Current Debt	40 672 000	37 668 000	34 102 000	26 568 000
Total Equity and Debt	794 000	15 966 000	19 199 000	17 980 000

Financial indicators	2023	2022	2021	2020
Return on Equity	44,4 %	31,32 %	42,38 %	45,12 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	−198,79 %	−52,81 %	−64,04 %	−222,47 %
Current Ratio	0,02	0,13	0,24	0,49
Quick Ratio	0,02	0,13	0,24	0,49
Equity Ratio	−50,22	−1,36	−0,78	−0,48
Gross Profit Margin	−1,13 %	12,65 %	22,76 %	−82,65 %