AIRMINE AS

0160 OSLO

Finances

Share Ownership

Return on Equity

14,04 %

Current Ratio

1,74

Debt-to-Equity Ratio

0,69

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 531 000	4 297 000	3 925 000	1 481 000
Net Income	488 000	−2 798 000	−15 000	−804 000
Total Assets	7 824 000	2 750 000	4 849 000	655 000
Total Equity	3 477 000	−1 378 000	1 420 000	−706 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 531 000	4 297 000	3 925 000	1 481 000
Expenditure	4 686 000	7 095 000	3 848 000	2 255 000
Operating Profit	−155 000	−2 798 000	77 000	−774 000
Financial Income	1 000	0	0	1 000
Financial Costs	13 000	0	92 000	31 000
Financial Balance	−12 000	0	−92 000	−30 000
Earnings Before Tax	−168 000	−2 798 000	−15 000	−804 000
Tax	−656 000	0	0	0
Net Income	488 000	−2 798 000	−15 000	−804 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 440 000	243 000	0	0
Total Current Assets	3 383 000	2 507 000	4 849 000	655 000
Total Assets	7 824 000	2 750 000	4 849 000	655 000
Total Retained Equity	−3 055 000	−3 543 000	−745 000	−730 000
Total Equity	3 477 000	−1 378 000	1 420 000	−706 000
Total Long-Term Debt	2 400 000	2 391 000	2 688 000	336 000
Total Current Debt	1 947 000	1 737 000	742 000	1 025 000
Total Equity and Debt	7 824 000	2 750 000	4 849 000	655 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	573 000	26 000	0	600 000
Other Income	3 958 000	4 272 000	3 925 000	881 000
Revenue	4 531 000	4 297 000	3 925 000	1 481 000
Cost of Goods Sold	568 000	109 000	43 000	31 000
Salary Costs	107 000	4 406 000	2 192 000	522 000
Depreciation	1 078 000	138 000	0	0
Impairment	0	0	0	0
Expenditure	4 686 000	7 095 000	3 848 000	2 255 000
Operating Profit	−155 000	−2 798 000	77 000	−774 000
Financial Income	1 000	0	0	1 000
Financial Costs	13 000	0	92 000	31 000
Financial Balance	−12 000	0	−92 000	−30 000
Dividends	0	0	0	0
Net Income	488 000	−2 798 000	−15 000	−804 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 836 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	604 000	243 000	0	0
Total Tangible Assets	604 000	243 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 440 000	243 000	0	0
Stock	0	578 000	0	0
Total Investments	0	0	0	0
Cash, Bank	2 500 000	1 833 000	4 802 000	639 000
Total Current Assets	3 383 000	2 507 000	4 849 000	655 000
Total Assets	7 824 000	2 750 000	4 849 000	655 000
Total Equity	3 477 000	−1 378 000	1 420 000	−706 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 400 000	2 391 000	2 688 000	336 000
Creditors	1 283 000	148 000	12 000	77 000
Unpaid Taxes	212 000	319 000	154 000	17 000
Dividends	0	0	0	0
Other Current Debt	451 000	1 271 000	576 000	930 000
Total Current Debt	1 947 000	1 737 000	742 000	1 025 000
Total Equity and Debt	7 824 000	2 750 000	4 849 000	655 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,04 %	203,05 %	−1,06 %	113,88 %
Debt-to-Equity Ratio	0,69	−1,74	1,89	−0,48
Operating Profit Margin	−3,42 %	−65,12 %	1,96 %	−52,26 %
Current Ratio	1,74	1,44	6,54	0,64
Quick Ratio	1,74	2,16	6,54	0,64
Equity Ratio	0,44	−0,5	0,29	−1,08
Gross Profit Margin	87,46 %	97,46 %	98,9 %	97,91 %