NORWEGIAN COMPETENCE CENTRE HELICOPTER AS

4055 SOLA

Finances

Share Ownership

Return on Equity

−10,87 %

Current Ratio

0,98

Debt-to-Equity Ratio

−1

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 198 000	16 424 000	14 403 000	11 168 000
Net Income	1 385 000	1 782 000	−1 835 000	−4 156 000
Total Assets	4 674 000	3 502 000	4 283 000	5 236 000
Total Equity	−12 747 000	−14 132 000	−15 914 000	−22 089 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 198 000	16 424 000	14 403 000	11 168 000
Expenditure	18 429 000	14 936 000	15 610 000	15 362 000
Operating Profit	1 769 000	1 488 000	−1 206 000	−4 194 000
Financial Income	362 000	680 000	261 000	147 000
Financial Costs	747 000	386 000	890 000	109 000
Financial Balance	−385 000	294 000	−629 000	38 000
Earnings Before Tax	1 385 000	1 782 000	−1 835 000	−4 156 000
Tax	0	0	0	0
Net Income	1 385 000	1 782 000	−1 835 000	−4 156 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	168 000	288 000	408 000	508 000
Total Current Assets	4 506 000	3 214 000	3 875 000	4 728 000
Total Assets	4 674 000	3 502 000	4 283 000	5 236 000
Total Retained Equity	−20 853 000	−22 237 000	−24 019 000	−22 184 000
Total Equity	−12 747 000	−14 132 000	−15 914 000	−22 089 000
Total Long-Term Debt	12 810 000	12 810 000	14 323 000	19 536 000
Total Current Debt	4 611 000	4 825 000	5 873 000	7 789 000
Total Equity and Debt	4 674 000	3 502 000	4 283 000	5 236 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	20 198 000	16 424 000	14 403 000	11 168 000
Other Income	0	0	0	0
Revenue	20 198 000	16 424 000	14 403 000	11 168 000
Cost of Goods Sold	59 000	3 000	1 000	5 000
Salary Costs	0	51 000	26 000	19 000
Depreciation	120 000	120 000	132 000	173 000
Impairment	0	0	0	0
Expenditure	18 429 000	14 936 000	15 610 000	15 362 000
Operating Profit	1 769 000	1 488 000	−1 206 000	−4 194 000
Financial Income	362 000	680 000	261 000	147 000
Financial Costs	747 000	386 000	890 000	109 000
Financial Balance	−385 000	294 000	−629 000	38 000
Dividends	0	0	0	0
Net Income	1 385 000	1 782 000	−1 835 000	−4 156 000

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	168 000	288 000	408 000	508 000
Total Tangible Assets	168 000	288 000	408 000	508 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	168 000	288 000	408 000	508 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 783 000	2 742 000	2 698 000	1 952 000
Total Current Assets	4 506 000	3 214 000	3 875 000	4 728 000
Total Assets	4 674 000	3 502 000	4 283 000	5 236 000
Total Equity	−12 747 000	−14 132 000	−15 914 000	−22 089 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	12 810 000	12 810 000	14 323 000	19 536 000
Creditors	3 907 000	4 825 000	5 861 000	7 004 000
Unpaid Taxes	0	0	0	235 000
Dividends	0	0	0	0
Other Current Debt	704 000	0	12 000	550 000
Total Current Debt	4 611 000	4 825 000	5 873 000	7 789 000
Total Equity and Debt	4 674 000	3 502 000	4 283 000	5 236 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−10,87 %	−12,61 %	11,53 %	18,81 %
Debt-to-Equity Ratio	−1	−0,91	−0,9	−0,88
Operating Profit Margin	8,76 %	9,06 %	−8,37 %	−37,55 %
Current Ratio	0,98	0,67	0,66	0,61
Quick Ratio	0,98	0,67	0,66	0,61
Equity Ratio	−2,73	−4,04	−3,72	−4,22
Gross Profit Margin	99,71 %	99,98 %	99,99 %	99,96 %