SAS GROUND HANDLING NORWAY AS

2060 GARDERMOEN

Finances

Share Ownership

Return on Equity

170,21 %

Current Ratio

1,05

Debt-to-Equity Ratio

−1,47

Key figures (NOK)	2022	2021	2020	2019
Revenue	991 812 000	703 170 000	886 388 000	1 231 634 000
Net Income	−98 432 000	−74 950 000	−79 493 000	−16 105 000
Total Assets	220 462 000	290 332 000	212 881 000	299 538 000
Total Equity	−57 831 000	40 601 000	1 552 000	51 044 000

Income (NOK)	2022	2021	2020	2019
Revenue	991 812 000	703 170 000	886 388 000	1 231 634 000
Expenditure	1 057 149 000	776 017 000	962 229 000	1 248 883 000
Operating Profit	−65 337 000	−72 847 000	−75 841 000	−17 249 000
Financial Income	1 140 000	249 000	551 000	651 000
Financial Costs	3 841 000	2 662 000	1 529 000	2 369 000
Financial Balance	−2 701 000	−2 413 000	−978 000	−1 718 000
Earnings Before Tax	−68 038 000	−75 260 000	−76 819 000	−18 967 000
Tax	30 394 000	−310 000	2 674 000	−2 862 000
Net Income	−98 432 000	−74 950 000	−79 493 000	−16 105 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 531 000	50 322 000	53 438 000	59 858 000
Total Current Assets	203 931 000	240 010 000	159 443 000	239 680 000
Total Assets	220 462 000	290 332 000	212 881 000	299 538 000
Total Retained Equity	−58 331 000	0	0	0
Total Equity	−57 831 000	40 601 000	1 552 000	51 044 000
Total Long-Term Debt	84 960 000	98 475 000	64 379 000	41 605 000
Total Current Debt	193 333 000	151 255 000	146 950 000	206 889 000
Total Equity and Debt	220 462 000	290 331 000	212 881 000	299 538 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	945 508 000	677 909 000	818 428 000	1 176 679 000
Other Income	46 304 000	25 261 000	67 960 000	54 955 000
Revenue	991 812 000	703 170 000	886 388 000	1 231 634 000
Cost of Goods Sold	151 240 000	102 482 000	130 526 000	192 727 000
Salary Costs	692 246 000	480 798 000	600 075 000	821 792 000
Depreciation	3 399 000	3 428 000	4 095 000	4 444 000
Impairment	0	0	0	1 000
Expenditure	1 057 149 000	776 017 000	962 229 000	1 248 883 000
Operating Profit	−65 337 000	−72 847 000	−75 841 000	−17 249 000
Financial Income	1 140 000	249 000	551 000	651 000
Financial Costs	3 841 000	2 662 000	1 529 000	2 369 000
Financial Balance	−2 701 000	−2 413 000	−978 000	−1 718 000
Dividends	0	0	0	0
Net Income	−98 432 000	−74 950 000	−79 493 000	−16 105 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	30 392 000	30 080 000	32 754 000
Real Eastate	0	0	0	25 168 000
Machinery and Plant Facilities	16 481 000	19 880 000	23 308 000	0
Fixtures	0	0	0	1 886 000
Total Tangible Assets	16 481 000	19 880 000	23 308 000	27 054 000
Total Fiancial Fixed Assets	50 000	50 000	50 000	50 000
Total Fixed Assets	16 531 000	50 322 000	53 438 000	59 858 000
Stock	3 336 000	1 803 000	1 116 000	3 567 000
Total Investments	0	0	0	0
Cash, Bank	31 177 000	24 151 000	20 148 000	37 632 000
Total Current Assets	203 931 000	240 010 000	159 443 000	239 680 000
Total Assets	220 462 000	290 332 000	212 881 000	299 538 000
Total Equity	−57 831 000	40 601 000	1 552 000	51 044 000
Short-Term Group Debt	11 301 000	6 912 000	15 031 000	13 561 000
Total Long-Term Debt	84 960 000	98 475 000	64 379 000	41 605 000
Creditors	31 092 000	27 007 000	34 251 000	31 290 000
Unpaid Taxes	52 513 000	38 569 000	33 839 000	65 991 000
Dividends	0	0	0	0
Other Current Debt	98 427 000	78 767 000	63 829 000	96 047 000
Total Current Debt	193 333 000	151 255 000	146 950 000	206 889 000
Total Equity and Debt	220 462 000	290 331 000	212 881 000	299 538 000

Financial indicators	2022	2021	2020	2019
Return on Equity	170,21 %	−184,6 %	−5 121,97 %	−31,55 %
Debt-to-Equity Ratio	−1,47	2,43	41,48	0,82
Operating Profit Margin	−6,59 %	−10,36 %	−8,56 %	−1,4 %
Current Ratio	1,05	1,59	1,09	1,16
Quick Ratio	1,07	1,61	1,09	1,18
Equity Ratio	−0,26	0,14	0,01	0,17
Gross Profit Margin	84,75 %	85,43 %	85,27 %	84,35 %