AIR CARGO LOGISTICS AS

2040 KLØFTA

Finances

Share Ownership

Return on Equity

122,97 %

Current Ratio

1,04

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 356 429 000	950 761 000	841 377 000	577 763 000
Net Income	14 483 000	10 919 000	11 599 000	5 647 000
Total Assets	203 068 000	145 248 000	140 006 000	78 231 000
Total Equity	11 778 000	11 335 000	9 308 000	9 276 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 356 429 000	950 761 000	841 377 000	577 763 000
Expenditure	1 337 704 000	935 533 000	825 805 000	570 484 000
Operating Profit	18 726 000	15 227 000	15 573 000	7 279 000
Financial Income	1 129 000	169 000	178 000	423 000
Financial Costs	1 258 000	1 373 000	877 000	444 000
Financial Balance	−129 000	−1 204 000	−699 000	−21 000
Earnings Before Tax	18 597 000	14 023 000	14 874 000	7 257 000
Tax	4 114 000	3 104 000	3 275 000	1 610 000
Net Income	14 483 000	10 919 000	11 599 000	5 647 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 972 000	183 000	276 000	140 000
Total Current Assets	198 096 000	145 065 000	139 730 000	78 091 000
Total Assets	203 068 000	145 248 000	140 006 000	78 231 000
Total Retained Equity	11 278 000	10 835 000	8 808 000	8 776 000
Total Equity	11 778 000	11 335 000	9 308 000	9 276 000
Total Long-Term Debt	141 000	0	0	0
Total Current Debt	191 149 000	133 912 000	130 698 000	68 955 000
Total Equity and Debt	203 068 000	145 248 000	140 006 000	78 231 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 356 429 000	950 761 000	841 377 000	577 763 000
Other Income	0	0	0	0
Revenue	1 356 429 000	950 761 000	841 377 000	577 763 000
Cost of Goods Sold	1 303 108 000	907 240 000	800 826 000	550 899 000
Salary Costs	23 550 000	20 476 000	17 672 000	12 394 000
Depreciation	430 000	86 000	69 000	45 000
Impairment	0	0	0	0
Expenditure	1 337 704 000	935 533 000	825 805 000	570 484 000
Operating Profit	18 726 000	15 227 000	15 573 000	7 279 000
Financial Income	1 129 000	169 000	178 000	423 000
Financial Costs	1 258 000	1 373 000	877 000	444 000
Financial Balance	−129 000	−1 204 000	−699 000	−21 000
Dividends	0	0	0	0
Net Income	14 483 000	10 919 000	11 599 000	5 647 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	10 000	16 000	29 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	4 972 000	174 000	260 000	111 000
Total Tangible Assets	4 972 000	174 000	260 000	111 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 972 000	183 000	276 000	140 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	25 118 000	24 103 000	29 320 000	7 022 000
Total Current Assets	198 096 000	145 065 000	139 730 000	78 091 000
Total Assets	203 068 000	145 248 000	140 006 000	78 231 000
Total Equity	11 778 000	11 335 000	9 308 000	9 276 000
Short-Term Group Debt	18 000 000	14 698 000	16 465 000	5 000 000
Total Long-Term Debt	141 000	0	0	0
Creditors	140 873 000	91 621 000	100 213 000	47 368 000
Unpaid Taxes	1 817 000	1 556 000	1 387 000	960 000
Dividends	0	0	0	0
Other Current Debt	30 456 000	25 448 000	12 633 000	15 126 000
Total Current Debt	191 149 000	133 912 000	130 698 000	68 955 000
Total Equity and Debt	203 068 000	145 248 000	140 006 000	78 231 000

Financial indicators	2022	2021	2020	2019
Return on Equity	122,97 %	96,33 %	124,61 %	60,88 %
Debt-to-Equity Ratio	0,01	0	0	0
Operating Profit Margin	1,38 %	1,6 %	1,85 %	1,26 %
Current Ratio	1,04	1,08	1,07	1,13
Quick Ratio	1,04	1,08	1,07	1,13
Equity Ratio	0,06	0,08	0,07	0,12
Gross Profit Margin	3,93 %	4,58 %	4,82 %	4,65 %