REDFLIGHT AVIATION AS

3241 SANDEFJORD

Finances

Return on Equity

14,93 %

Current Ratio

0,19

Debt-to-Equity Ratio

−0,92

Key figures (NOK)	2022	2021	2020	2019
Revenue	98 000	561 000	167 000	737 000
Net Income	−43 000	104 000	−21 000	−56 000
Total Assets	152 000	270 000	150 000	157 000
Total Equity	−288 000	−141 000	−245 000	−224 000

Income (NOK)	2022	2021	2020	2019
Revenue	98 000	561 000	167 000	737 000
Expenditure	141 000	507 000	189 000	792 000
Operating Profit	−43 000	53 000	−22 000	−55 000
Financial Income	0	0	2 000	0
Financial Costs	0	1 000	1 000	1 000
Financial Balance	0	−1 000	1 000	−1 000
Earnings Before Tax	−43 000	53 000	−21 000	−56 000
Tax	0	−51 000	0	0
Net Income	−43 000	104 000	−21 000	−56 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	121 000	81 000	30 000	30 000
Total Current Assets	31 000	189 000	120 000	127 000
Total Assets	152 000	270 000	150 000	157 000
Total Retained Equity	−318 000	−171 000	−275 000	−254 000
Total Equity	−288 000	−141 000	−245 000	−224 000
Total Long-Term Debt	264 000	198 000	300 000	265 000
Total Current Debt	164 000	213 000	95 000	116 000
Total Equity and Debt	140 000	270 000	150 000	157 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	98 000	143 000	167 000	737 000
Other Income	0	417 000	0	0
Revenue	98 000	561 000	167 000	737 000
Cost of Goods Sold	0	0	15 000	105 000
Salary Costs	0	0	32 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	141 000	507 000	189 000	792 000
Operating Profit	−43 000	53 000	−22 000	−55 000
Financial Income	0	0	2 000	0
Financial Costs	0	1 000	1 000	1 000
Financial Balance	0	−1 000	1 000	−1 000
Dividends	0	0	0	0
Net Income	−43 000	104 000	−21 000	−56 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	51 000	0	0
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	121 000	30 000	30 000	30 000
Total Fixed Assets	121 000	81 000	30 000	30 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	17 000	10 000	67 000	3 000
Total Current Assets	31 000	189 000	120 000	127 000
Total Assets	152 000	270 000	150 000	157 000
Total Equity	−288 000	−141 000	−245 000	−224 000
Short-Term Group Debt	0	0	0	21 000
Total Long-Term Debt	264 000	198 000	300 000	265 000
Creditors	168 000	209 000	92 000	95 000
Unpaid Taxes	−7 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	3 000	3 000	3 000	0
Total Current Debt	164 000	213 000	95 000	116 000
Total Equity and Debt	140 000	270 000	150 000	157 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,93 %	−73,76 %	8,57 %	25 %
Debt-to-Equity Ratio	−0,92	−1,4	−1,22	−1,18
Operating Profit Margin	−43,88 %	9,45 %	−13,17 %	−7,46 %
Current Ratio	0,19	0,89	1,26	1,09
Quick Ratio	0,19	0,89	1,26	1,09
Equity Ratio	−1,89	−0,52	−1,63	−1,43
Gross Profit Margin	100 %	100 %	91,02 %	85,75 %