WINGS TRAVEL MANAGEMENT AS

4313 SANDNES

Finances

Share Ownership

Return on Equity

−97,7 %

Current Ratio

0,82

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2020	2019	2018
Revenue	8 339 000	4 572 000	7 867 000	6 823 000
Net Income	723 000	−2 469 000	−548 000	−695 000
Total Assets	6 152 000	2 440 000	4 761 000	5 470 000
Total Equity	−740 000	−1 462 000	1 007 000	−3 757 000

Income (NOK)	2022	2020	2019	2018
Revenue	8 339 000	4 572 000	7 867 000	6 823 000
Expenditure	7 575 000	6 190 000	8 418 000	7 421 000
Operating Profit	764 000	−1 618 000	−551 000	−599 000
Financial Income	9 000	0	27 000	1 000
Financial Costs	51 000	159 000	23 000	97 000
Financial Balance	−42 000	−159 000	4 000	−96 000
Earnings Before Tax	723 000	−1 777 000	−548 000	−695 000
Tax	0	0	0	0
Net Income	723 000	−2 469 000	−548 000	−695 000

Balance (NOK)	2022	2020	2019	2018
Total Fixed Assets	533 000	627 000	1 241 000	1 819 000
Total Current Assets	5 619 000	1 813 000	3 520 000	3 651 000
Total Assets	6 152 000	2 440 000	4 761 000	5 470 000
Total Retained Equity	−790 000	−1 512 000	−4 335 000	−3 787 000
Total Equity	−740 000	−1 462 000	1 007 000	−3 757 000
Total Long-Term Debt	0	1 000	1 000	5 297 000
Total Current Debt	6 892 000	3 901 000	3 754 000	3 931 000
Total Equity and Debt	6 152 000	2 440 000	4 761 000	5 470 000

Cash flow (NOK)	2022	2020	2019	2018
Sales Income	8 339 000	4 572 000	7 867 000	6 823 000
Other Income	0	0	0	0
Revenue	8 339 000	4 572 000	7 867 000	6 823 000
Cost of Goods Sold	0	0	0	0
Salary Costs	5 076 000	3 354 000	5 678 000	5 440 000
Depreciation	117 000	615 000	608 000	601 000
Impairment	0	0	0	0
Expenditure	7 575 000	6 190 000	8 418 000	7 421 000
Operating Profit	764 000	−1 618 000	−551 000	−599 000
Financial Income	9 000	0	27 000	1 000
Financial Costs	51 000	159 000	23 000	97 000
Financial Balance	−42 000	−159 000	4 000	−96 000
Dividends	0	0	0	0
Net Income	723 000	−2 469 000	−548 000	−695 000

Balance details (NOK)	2022	2020	2019	2018
Goodwill	0	100 000	700 000	1 300 000
Total Intangible Assets	503 000	603 000	1 203 000	1 803 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	30 000	24 000	39 000	16 000
Total Tangible Assets	30 000	24 000	39 000	16 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	533 000	627 000	1 241 000	1 819 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 084 000	207 000	1 515 000	344 000
Total Current Assets	5 619 000	1 813 000	3 520 000	3 651 000
Total Assets	6 152 000	2 440 000	4 761 000	5 470 000
Total Equity	−740 000	−1 462 000	1 007 000	−3 757 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 000	1 000	5 297 000
Creditors	4 379 000	1 609 000	2 777 000	3 128 000
Unpaid Taxes	473 000	1 130 000	330 000	137 000
Dividends	0	0	0	0
Other Current Debt	2 039 000	1 163 000	646 000	666 000
Total Current Debt	6 892 000	3 901 000	3 754 000	3 931 000
Total Equity and Debt	6 152 000	2 440 000	4 761 000	5 470 000

Financial indicators	2022	2020	2019	2018
Return on Equity	−97,7 %	168,88 %	−54,42 %	18,5 %
Debt-to-Equity Ratio	−0	−0	0	−1,41
Operating Profit Margin	9,16 %	−35,39 %	−7 %	−8,78 %
Current Ratio	0,82	0,46	0,94	0,93
Quick Ratio	0,82	0,46	0,94	0,93
Equity Ratio	−0,12	−0,6	0,21	−0,69
Gross Profit Margin	100 %	100 %	100 %	100 %