FLIGHT LOG AS

0771 OSLO

Finances

Return on Equity

−19,8 %

Current Ratio

18,2

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	78 000	333 000	816 000	816 000
Net Income	−20 000	−5 000	67 000	39 000
Total Assets	106 000	157 000	260 000	221 000
Total Equity	101 000	121 000	126 000	59 000

Income (NOK)	2022	2021	2020	2019
Revenue	78 000	333 000	816 000	816 000
Expenditure	98 000	338 000	731 000	765 000
Operating Profit	−20 000	−5 000	85 000	50 000
Financial Income	0	1 000	0	0
Financial Costs	0	0	0	0
Financial Balance	0	1 000	0	0
Earnings Before Tax	−20 000	−5 000	86 000	50 000
Tax	0	0	19 000	11 000
Net Income	−20 000	−5 000	67 000	39 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 000	15 000	15 000	0
Total Current Assets	91 000	142 000	245 000	221 000
Total Assets	106 000	157 000	260 000	221 000
Total Retained Equity	79 000	99 000	104 000	37 000
Total Equity	101 000	121 000	126 000	59 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	5 000	36 000	134 000	162 000
Total Equity and Debt	106 000	157 000	260 000	221 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	78 000	333 000	816 000	816 000
Other Income	0	0	0	0
Revenue	78 000	333 000	816 000	816 000
Cost of Goods Sold	0	0	0	0
Salary Costs	26 000	261 000	661 000	671 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	98 000	338 000	731 000	765 000
Operating Profit	−20 000	−5 000	85 000	50 000
Financial Income	0	1 000	0	0
Financial Costs	0	0	0	0
Financial Balance	0	1 000	0	0
Dividends	0	0	0	0
Net Income	−20 000	−5 000	67 000	39 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	15 000	15 000	15 000	0
Total Fixed Assets	15 000	15 000	15 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	57 000	115 000	224 000	192 000
Total Current Assets	91 000	142 000	245 000	221 000
Total Assets	106 000	157 000	260 000	221 000
Total Equity	101 000	121 000	126 000	59 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 000	2 000	1 000	2 000
Unpaid Taxes	0	6 000	54 000	43 000
Dividends	0	0	0	0
Other Current Debt	2 000	28 000	61 000	108 000
Total Current Debt	5 000	36 000	134 000	162 000
Total Equity and Debt	106 000	157 000	260 000	221 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−19,8 %	−4,13 %	53,17 %	66,1 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−25,64 %	−1,5 %	10,42 %	6,13 %
Current Ratio	18,2	3,94	1,83	1,36
Quick Ratio	18,2	3,94	1,83	1,36
Equity Ratio	0,95	0,77	0,48	0,27
Gross Profit Margin	100 %	100 %	100 %	100 %