SOLA GENERAL AVIATION AS

4351 KLEPPE

Finances

Return on Equity

−31,65 %

Current Ratio

5,89

Debt-to-Equity Ratio

0,7

Key figures (NOK)	2022	2021	2020	2019
Revenue	747 000	1 283 000	1 119 000	1 964 000
Net Income	−987 000	−332 000	7 000	210 000
Total Assets	5 305 000	5 854 000	6 400 000	6 723 000
Total Equity	3 118 000	4 106 000	4 438 000	4 528 000

Income (NOK)	2022	2021	2020	2019
Revenue	747 000	1 283 000	1 119 000	1 964 000
Expenditure	1 931 000	1 636 000	1 022 000	1 603 000
Operating Profit	−1 184 000	−352 000	97 000	361 000
Financial Income	24 000	2 000	0	1 000
Financial Costs	104 000	76 000	88 000	109 000
Financial Balance	−80 000	−74 000	−88 000	−108 000
Earnings Before Tax	−1 264 000	−426 000	9 000	253 000
Tax	−276 000	−94 000	2 000	43 000
Net Income	−987 000	−332 000	7 000	210 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 199 000	5 232 000	5 378 000	5 664 000
Total Current Assets	106 000	621 000	1 023 000	1 059 000
Total Assets	5 305 000	5 854 000	6 400 000	6 723 000
Total Retained Equity	−1 251 000	−264 000	68 000	158 000
Total Equity	3 118 000	4 106 000	4 438 000	4 528 000
Total Long-Term Debt	2 169 000	1 667 000	1 880 000	2 002 000
Total Current Debt	18 000	81 000	83 000	193 000
Total Equity and Debt	5 305 000	5 854 000	6 400 000	6 723 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	747 000	1 283 000	1 119 000	1 964 000
Other Income	0	0	0	0
Revenue	747 000	1 283 000	1 119 000	1 964 000
Cost of Goods Sold	0	88 000	0	0
Salary Costs	0	0	0	0
Depreciation	310 000	313 000	309 000	304 000
Impairment	0	0	0	0
Expenditure	1 931 000	1 636 000	1 022 000	1 603 000
Operating Profit	−1 184 000	−352 000	97 000	361 000
Financial Income	24 000	2 000	0	1 000
Financial Costs	104 000	76 000	88 000	109 000
Financial Balance	−80 000	−74 000	−88 000	−108 000
Dividends	0	0	0	0
Net Income	−987 000	−332 000	7 000	210 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	352 000	76 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	103 000	112 000	32 000	18 000
Total Tangible Assets	4 387 000	4 696 000	4 918 000	5 204 000
Total Fiancial Fixed Assets	460 000	460 000	460 000	460 000
Total Fixed Assets	5 199 000	5 232 000	5 378 000	5 664 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	59 000	382 000	942 000	849 000
Total Current Assets	106 000	621 000	1 023 000	1 059 000
Total Assets	5 305 000	5 854 000	6 400 000	6 723 000
Total Equity	3 118 000	4 106 000	4 438 000	4 528 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 169 000	1 667 000	1 880 000	2 002 000
Creditors	2 000	14 000	38 000	39 000
Unpaid Taxes	11 000	56 000	36 000	19 000
Dividends	0	0	0	0
Other Current Debt	5 000	10 000	9 000	135 000
Total Current Debt	18 000	81 000	83 000	193 000
Total Equity and Debt	5 305 000	5 854 000	6 400 000	6 723 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−31,65 %	−8,09 %	0,16 %	4,64 %
Debt-to-Equity Ratio	0,7	0,41	0,42	0,44
Operating Profit Margin	−158,5 %	−27,44 %	8,67 %	18,38 %
Current Ratio	5,89	7,67	12,33	5,49
Quick Ratio	5,89	7,67	12,33	5,49
Equity Ratio	0,59	0,7	0,69	0,67
Gross Profit Margin	100 %	93,14 %	100 %	100 %