FLIGHTSAFETY INTERNATIONAL NORWAY AS

4055 SOLA

Finances

Share Ownership

Return on Equity

13,17 %

Current Ratio

4,99

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 050 000	18 115 000	23 628 000	30 399 000
Net Income	4 877 000	3 050 000	936 000	2 076 000
Total Assets	46 148 000	39 875 000	41 516 000	34 934 000
Total Equity	37 030 000	32 153 000	29 103 000	28 167 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 050 000	18 115 000	23 628 000	30 399 000
Expenditure	16 160 000	15 182 000	22 588 000	28 164 000
Operating Profit	3 890 000	2 932 000	1 040 000	2 235 000
Financial Income	3 368 000	1 409 000	1 970 000	980 000
Financial Costs	1 006 000	430 000	1 811 000	553 000
Financial Balance	2 362 000	979 000	159 000	427 000
Earnings Before Tax	6 252 000	3 911 000	1 199 000	2 661 000
Tax	1 375 000	860 000	263 000	586 000
Net Income	4 877 000	3 050 000	936 000	2 076 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	692 000	1 070 000	1 490 000	1 570 000
Total Current Assets	45 456 000	38 805 000	40 026 000	33 365 000
Total Assets	46 148 000	39 875 000	41 516 000	34 934 000
Total Retained Equity	36 905 000	32 028 000	28 978 000	28 042 000
Total Equity	37 030 000	32 153 000	29 103 000	28 167 000
Total Long-Term Debt	0	0	0	8 000
Total Current Debt	9 118 000	7 722 000	12 413 000	6 759 000
Total Equity and Debt	46 148 000	39 875 000	41 516 000	34 934 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	20 050 000	14 851 000	23 628 000	30 399 000
Other Income	0	3 264 000	0	0
Revenue	20 050 000	18 115 000	23 628 000	30 399 000
Cost of Goods Sold	0	0	0	0
Salary Costs	5 439 000	5 203 000	5 042 000	4 726 000
Depreciation	416 000	454 000	445 000	554 000
Impairment	0	0	0	0
Expenditure	16 160 000	15 182 000	22 588 000	28 164 000
Operating Profit	3 890 000	2 932 000	1 040 000	2 235 000
Financial Income	3 368 000	1 409 000	1 970 000	980 000
Financial Costs	1 006 000	430 000	1 811 000	553 000
Financial Balance	2 362 000	979 000	159 000	427 000
Dividends	0	0	0	0
Net Income	4 877 000	3 050 000	936 000	2 076 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	76 000	38 000	4 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	531 000	884 000	1 271 000	1 284 000
Fixtures	85 000	148 000	215 000	286 000
Total Tangible Assets	616 000	1 032 000	1 486 000	1 570 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	692 000	1 070 000	1 490 000	1 570 000
Stock	247 000	263 000	420 000	263 000
Total Investments	0	0	0	0
Cash, Bank	13 518 000	15 214 000	17 125 000	19 963 000
Total Current Assets	45 456 000	38 805 000	40 026 000	33 365 000
Total Assets	46 148 000	39 875 000	41 516 000	34 934 000
Total Equity	37 030 000	32 153 000	29 103 000	28 167 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	8 000
Creditors	406 000	357 000	1 462 000	1 453 000
Unpaid Taxes	2 484 000	1 868 000	1 601 000	578 000
Dividends	0	0	0	0
Other Current Debt	4 815 000	4 603 000	9 075 000	4 160 000
Total Current Debt	9 118 000	7 722 000	12 413 000	6 759 000
Total Equity and Debt	46 148 000	39 875 000	41 516 000	34 934 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,17 %	9,49 %	3,22 %	7,37 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	19,4 %	16,19 %	4,4 %	7,35 %
Current Ratio	4,99	5,03	3,22	4,94
Quick Ratio	5,12	5,2	3,34	5,14
Equity Ratio	0,8	0,81	0,7	0,81
Gross Profit Margin	100 %	100 %	100 %	100 %