EQUATOR AIRCRAFT AS

3170 SEM

Finances

Return on Equity

−23,94 %

Current Ratio

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	474 000	1 137 000	541 000	298 000
Net Income	−90 000	170 000	−633 000	−700 000
Total Assets	391 000	562 000	488 000	1 836 000
Total Equity	376 000	466 000	295 000	928 000

Income (NOK)	2022	2021	2020	2019
Revenue	474 000	1 137 000	541 000	298 000
Expenditure	562 000	968 000	1 175 000	999 000
Operating Profit	−89 000	170 000	−633 000	−700 000
Financial Income	0	0	1 000	1 000
Financial Costs	1 000	0	1 000	1 000
Financial Balance	−1 000	0	0	0
Earnings Before Tax	−90 000	170 000	−633 000	−700 000
Tax	0	0	0	0
Net Income	−90 000	170 000	−633 000	−700 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	181 000	224 000	128 000	98 000
Total Current Assets	210 000	338 000	360 000	1 738 000
Total Assets	391 000	562 000	488 000	1 836 000
Total Retained Equity	−1 666 000	−1 577 000	−1 747 000	−1 114 000
Total Equity	376 000	466 000	295 000	928 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	15 000	97 000	193 000	907 000
Total Equity and Debt	391 000	562 000	488 000	1 836 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	474 000	1 137 000	441 000	298 000
Other Income	0	0	100 000	0
Revenue	474 000	1 137 000	541 000	298 000
Cost of Goods Sold	23 000	332 000	177 000	180 000
Salary Costs	0	223 000	456 000	331 000
Depreciation	43 000	41 000	31 000	24 000
Impairment	0	0	0	0
Expenditure	562 000	968 000	1 175 000	999 000
Operating Profit	−89 000	170 000	−633 000	−700 000
Financial Income	0	0	1 000	1 000
Financial Costs	1 000	0	1 000	1 000
Financial Balance	−1 000	0	0	0
Dividends	0	0	0	0
Net Income	−90 000	170 000	−633 000	−700 000

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	50 000	82 000	73 000	98 000
Fixtures	91 000	102 000	14 000	0
Total Tangible Assets	141 000	185 000	88 000	98 000
Total Fiancial Fixed Assets	40 000	40 000	40 000	0
Total Fixed Assets	181 000	224 000	128 000	98 000
Stock	11 000	11 000	0	0
Total Investments	0	0	0	0
Cash, Bank	170 000	259 000	180 000	1 660 000
Total Current Assets	210 000	338 000	360 000	1 738 000
Total Assets	391 000	562 000	488 000	1 836 000
Total Equity	376 000	466 000	295 000	928 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 000	28 000	4 000	46 000
Unpaid Taxes	0	30 000	66 000	13 000
Dividends	0	0	0	0
Other Current Debt	14 000	39 000	122 000	848 000
Total Current Debt	15 000	97 000	193 000	907 000
Total Equity and Debt	391 000	562 000	488 000	1 836 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−23,94 %	36,48 %	−214,58 %	−75,43 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−18,78 %	14,95 %	−117,01 %	−234,9 %
Current Ratio	14	3,48	1,87	1,92
Quick Ratio	52,5	3,93	1,87	1,92
Equity Ratio	0,96	0,83	0,6	0,51
Gross Profit Margin	95,15 %	70,8 %	67,28 %	39,6 %