MM AVIATION AS

1386 ASKER

Finances

Share Ownership

Return on Equity

−7,45 %

Current Ratio

2 642,5

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 789 000	9 483 000	2 261 000	2 711 000
Net Income	−830 000	−1 572 000	−1 912 000	−2 173 000
Total Assets	11 136 000	11 516 000	23 539 000	22 876 000
Total Equity	11 134 000	9 905 000	11 478 000	11 347 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 789 000	9 483 000	2 261 000	2 711 000
Expenditure	2 687 000	10 785 000	5 039 000	4 785 000
Operating Profit	−898 000	−1 303 000	−2 778 000	−2 074 000
Financial Income	68 000	7 000	1 254 000	7 000
Financial Costs	0	153 000	388 000	106 000
Financial Balance	68 000	−146 000	866 000	−99 000
Earnings Before Tax	−830 000	−1 448 000	−1 912 000	−2 173 000
Tax	0	124 000	0	0
Net Income	−830 000	−1 572 000	−1 912 000	−2 173 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 850 000	6 942 000	10 492 000	11 584 000
Total Current Assets	5 285 000	4 573 000	13 047 000	11 293 000
Total Assets	11 136 000	11 516 000	23 539 000	22 876 000
Total Retained Equity	0	0	0	0
Total Equity	11 134 000	9 905 000	11 478 000	11 347 000
Total Long-Term Debt	0	0	0	3 830 000
Total Current Debt	2 000	1 610 000	12 062 000	7 699 000
Total Equity and Debt	11 136 000	11 516 000	23 539 000	22 876 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	875 000	9 352 000	2 130 000	2 034 000
Other Income	914 000	131 000	131 000	677 000
Revenue	1 789 000	9 483 000	2 261 000	2 711 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 073 000	2 240 000	2 687 000	3 214 000
Depreciation	1 092 000	1 092 000	1 092 000	883 000
Impairment	0	2 458 000	0	0
Expenditure	2 687 000	10 785 000	5 039 000	4 785 000
Operating Profit	−898 000	−1 303 000	−2 778 000	−2 074 000
Financial Income	68 000	7 000	1 254 000	7 000
Financial Costs	0	153 000	388 000	106 000
Financial Balance	68 000	−146 000	866 000	−99 000
Dividends	0	0	0	0
Net Income	−830 000	−1 572 000	−1 912 000	−2 173 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 301 000	5 393 000	8 943 000	10 034 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	1 549 000	1 549 000	1 549 000	1 549 000
Total Fixed Assets	5 850 000	6 942 000	10 492 000	11 584 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	667 000	2 802 000	10 840 000	779 000
Total Current Assets	5 285 000	4 573 000	13 047 000	11 293 000
Total Assets	11 136 000	11 516 000	23 539 000	22 876 000
Total Equity	11 134 000	9 905 000	11 478 000	11 347 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	3 830 000
Creditors	4 000	199 000	62 000	115 000
Unpaid Taxes	−2 000	129 000	123 000	186 000
Dividends	0	0	0	0
Other Current Debt	0	1 158 000	9 141 000	1 497 000
Total Current Debt	2 000	1 610 000	12 062 000	7 699 000
Total Equity and Debt	11 136 000	11 516 000	23 539 000	22 876 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−7,45 %	−15,87 %	−16,66 %	−19,15 %
Debt-to-Equity Ratio	0	0	0	0,34
Operating Profit Margin	−50,2 %	−13,74 %	−122,87 %	−76,5 %
Current Ratio	2 642,5	2,84	1,08	1,47
Quick Ratio	2 642,5	2,84	1,08	1,47
Equity Ratio	1	0,86	0,49	0,5
Gross Profit Margin	100 %	100 %	100 %	100 %