VÆRØY LUFTHAVN AS

8063 VÆRØY

Finances

Share Ownership

Return on Equity

−22,28 %

Current Ratio

2,25

Debt-to-Equity Ratio

0,73

Key figures (NOK)	2022	2021	2020	2019
Revenue	218 000	161 000	172 000	274 000
Net Income	−252 000	21 000	−66 000	85 000
Total Assets	1 975 000	2 154 000	2 212 000	2 339 000
Total Equity	1 131 000	1 383 000	1 362 000	1 427 000

Income (NOK)	2022	2021	2020	2019
Revenue	218 000	161 000	172 000	274 000
Expenditure	361 000	140 000	232 000	197 000
Operating Profit	−143 000	22 000	−60 000	78 000
Financial Income	1 000	0	2 000	0
Financial Costs	110 000	0	0	0
Financial Balance	−109 000	0	2 000	0
Earnings Before Tax	−252 000	21 000	−59 000	78 000
Tax	0	0	7 000	−7 000
Net Income	−252 000	21 000	−66 000	85 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 939 000	1 951 000	1 985 000	1 988 000
Total Current Assets	36 000	203 000	227 000	350 000
Total Assets	1 975 000	2 154 000	2 212 000	2 339 000
Total Retained Equity	−319 000	−66 000	−88 000	−22 000
Total Equity	1 131 000	1 383 000	1 362 000	1 427 000
Total Long-Term Debt	828 000	750 000	828 000	0
Total Current Debt	16 000	21 000	22 000	911 000
Total Equity and Debt	1 975 000	2 154 000	2 212 000	2 339 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	151 000	113 000	119 000	78 000
Other Income	67 000	49 000	53 000	196 000
Revenue	218 000	161 000	172 000	274 000
Cost of Goods Sold	17 000	0	28 000	−14 000
Salary Costs	18 000	9 000	40 000	82 000
Depreciation	34 000	34 000	33 000	26 000
Impairment	0	0	0	0
Expenditure	361 000	140 000	232 000	197 000
Operating Profit	−143 000	22 000	−60 000	78 000
Financial Income	1 000	0	2 000	0
Financial Costs	110 000	0	0	0
Financial Balance	−109 000	0	2 000	0
Dividends	0	0	0	0
Net Income	−252 000	21 000	−66 000	85 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	7 000
Real Eastate	1 939 000	1 951 000	1 985 000	1 981 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 939 000	1 951 000	1 985 000	1 981 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 939 000	1 951 000	1 985 000	1 988 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	24 000	13 000	52 000	11 000
Total Current Assets	36 000	203 000	227 000	350 000
Total Assets	1 975 000	2 154 000	2 212 000	2 339 000
Total Equity	1 131 000	1 383 000	1 362 000	1 427 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	828 000	750 000	828 000	0
Creditors	12 000	13 000	20 000	29 000
Unpaid Taxes	1 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	3 000	8 000	2 000	882 000
Total Current Debt	16 000	21 000	22 000	911 000
Total Equity and Debt	1 975 000	2 154 000	2 212 000	2 339 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−22,28 %	1,52 %	−4,85 %	5,96 %
Debt-to-Equity Ratio	0,73	0,54	0,61	0
Operating Profit Margin	−65,6 %	13,66 %	−34,88 %	28,47 %
Current Ratio	2,25	9,67	10,32	0,38
Quick Ratio	2,25	9,67	10,32	0,38
Equity Ratio	0,57	0,64	0,62	0,61
Gross Profit Margin	92,2 %	100 %	83,72 %	105,11 %