THOR SOLBERG AVIATION AS

5035 BERGEN

Finances

Return on Equity

4,08 %

Current Ratio

5,96

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	917 000	805 000	756 000	390 000
Net Income	211 000	791 000	294 000	245 000
Total Assets	6 315 000	6 045 000	5 480 000	4 933 000
Total Equity	5 169 000	4 958 000	4 167 000	3 873 000

Income (NOK)	2022	2021	2020	2019
Revenue	917 000	805 000	756 000	390 000
Expenditure	524 000	581 000	604 000	742 000
Operating Profit	393 000	224 000	152 000	−353 000
Financial Income	100 000	635 000	229 000	534 000
Financial Costs	196 000	0	51 000	1 000
Financial Balance	−96 000	635 000	178 000	533 000
Earnings Before Tax	297 000	860 000	329 000	180 000
Tax	86 000	69 000	36 000	−65 000
Net Income	211 000	791 000	294 000	245 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 651 000	1 721 000	1 799 000	234 000
Total Current Assets	4 664 000	4 324 000	3 681 000	4 699 000
Total Assets	6 315 000	6 045 000	5 480 000	4 933 000
Total Retained Equity	4 869 000	4 658 000	3 867 000	3 573 000
Total Equity	5 169 000	4 958 000	4 167 000	3 873 000
Total Long-Term Debt	364 000	388 000	352 000	291 000
Total Current Debt	783 000	699 000	961 000	768 000
Total Equity and Debt	6 315 000	6 045 000	5 480 000	4 933 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	917 000	805 000	756 000	390 000
Revenue	917 000	805 000	756 000	390 000
Cost of Goods Sold	0	18 000	17 000	13 000
Salary Costs	137 000	137 000	135 000	68 000
Depreciation	70 000	78 000	52 000	30 000
Impairment	0	0	0	0
Expenditure	524 000	581 000	604 000	742 000
Operating Profit	393 000	224 000	152 000	−353 000
Financial Income	100 000	635 000	229 000	534 000
Financial Costs	196 000	0	51 000	1 000
Financial Balance	−96 000	635 000	178 000	533 000
Dividends	0	0	0	0
Net Income	211 000	791 000	294 000	245 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 651 000	1 721 000	1 799 000	234 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 651 000	1 721 000	1 799 000	234 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 651 000	1 721 000	1 799 000	234 000
Stock	0	0	0	0
Total Investments	4 280 000	3 701 000	3 139 000	3 976 000
Cash, Bank	335 000	549 000	441 000	723 000
Total Current Assets	4 664 000	4 324 000	3 681 000	4 699 000
Total Assets	6 315 000	6 045 000	5 480 000	4 933 000
Total Equity	5 169 000	4 958 000	4 167 000	3 873 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	364 000	388 000	352 000	291 000
Creditors	8 000	33 000	323 000	0
Unpaid Taxes	17 000	17 000	17 000	8 000
Dividends	0	0	0	0
Other Current Debt	648 000	616 000	621 000	760 000
Total Current Debt	783 000	699 000	961 000	768 000
Total Equity and Debt	6 315 000	6 045 000	5 480 000	4 933 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,08 %	15,95 %	7,06 %	6,33 %
Debt-to-Equity Ratio	0,07	0,08	0,08	0,08
Operating Profit Margin	42,86 %	27,83 %	20,11 %	−90,51 %
Current Ratio	5,96	6,19	3,83	6,12
Quick Ratio	5,96	6,19	3,83	6,12
Equity Ratio	0,82	0,82	0,76	0,79
Gross Profit Margin	100 %	97,76 %	97,75 %	96,67 %