AERO ENGINEERING AS

2319 HAMAR

Finances

Return on Equity

15,02 %

Current Ratio

8,67

Debt-to-Equity Ratio

0,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 594 000	2 218 000	2 504 000	2 210 000
Net Income	698 000	1 401 000	1 520 000	916 000
Total Assets	6 065 000	4 674 000	3 567 000	2 131 000
Total Equity	4 646 000	3 949 000	2 697 000	1 327 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 594 000	2 218 000	2 504 000	2 210 000
Expenditure	1 172 000	1 070 000	1 110 000	1 067 000
Operating Profit	1 421 000	1 148 000	1 394 000	1 144 000
Financial Income	126 000	526 000	442 000	15 000
Financial Costs	535 000	22 000	7 000	0
Financial Balance	−409 000	504 000	435 000	15 000
Earnings Before Tax	1 012 000	1 652 000	1 830 000	1 159 000
Tax	315 000	251 000	310 000	243 000
Net Income	698 000	1 401 000	1 520 000	916 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	60 000	30 000	145 000	182 000
Total Current Assets	6 005 000	4 644 000	3 422 000	1 949 000
Total Assets	6 065 000	4 674 000	3 567 000	2 131 000
Total Retained Equity	4 616 000	3 919 000	2 667 000	1 297 000
Total Equity	4 646 000	3 949 000	2 697 000	1 327 000
Total Long-Term Debt	726 000	0	0	0
Total Current Debt	693 000	726 000	870 000	804 000
Total Equity and Debt	6 065 000	4 674 000	3 567 000	2 131 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 594 000	2 203 000	2 504 000	2 210 000
Other Income	0	14 000	0	0
Revenue	2 594 000	2 218 000	2 504 000	2 210 000
Cost of Goods Sold	19 000	0	2 000	81 000
Salary Costs	908 000	888 000	866 000	856 000
Depreciation	0	15 000	37 000	3 000
Impairment	0	0	0	0
Expenditure	1 172 000	1 070 000	1 110 000	1 067 000
Operating Profit	1 421 000	1 148 000	1 394 000	1 144 000
Financial Income	126 000	526 000	442 000	15 000
Financial Costs	535 000	22 000	7 000	0
Financial Balance	−409 000	504 000	435 000	15 000
Dividends	0	150 000	150 000	450 000
Net Income	698 000	1 401 000	1 520 000	916 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	145 000	182 000
Total Tangible Assets	0	0	145 000	182 000
Total Fiancial Fixed Assets	60 000	30 000	0	0
Total Fixed Assets	60 000	30 000	145 000	182 000
Stock	0	0	0	0
Total Investments	4 158 000	4 137 000	2 934 000	720 000
Cash, Bank	879 000	507 000	488 000	1 229 000
Total Current Assets	6 005 000	4 644 000	3 422 000	1 949 000
Total Assets	6 065 000	4 674 000	3 567 000	2 131 000
Total Equity	4 646 000	3 949 000	2 697 000	1 327 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	726 000	0	0	0
Creditors	2 000	0	0	0
Unpaid Taxes	68 000	65 000	64 000	61 000
Dividends	0	150 000	150 000	450 000
Other Current Debt	308 000	410 000	347 000	50 000
Total Current Debt	693 000	726 000	870 000	804 000
Total Equity and Debt	6 065 000	4 674 000	3 567 000	2 131 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,02 %	35,48 %	56,36 %	69,03 %
Debt-to-Equity Ratio	0,16	0	0	0
Operating Profit Margin	54,78 %	51,76 %	55,67 %	51,76 %
Current Ratio	8,67	6,4	3,93	2,42
Quick Ratio	8,67	6,4	3,93	2,42
Equity Ratio	0,77	0,84	0,76	0,62
Gross Profit Margin	99,27 %	100 %	99,92 %	96,33 %