AVINCIS AVIATION HOLDINGS NORWAY AS

9008 TROMSØ

Finances

Return on Equity

69,84 %

Current Ratio

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−894 000	−130 000	−297 000	12 000
Total Assets	1 201 000	1 971 000	1 238 000	1 228 000
Total Equity	−1 280 000	−386 000	−261 000	36 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	340 000	288 000	156 000	36 000
Operating Profit	−340 000	−288 000	−156 000	−36 000
Financial Income	77 000	351 000	0	51 000
Financial Costs	631 000	193 000	142 000	0
Financial Balance	−554 000	158 000	−142 000	51 000
Earnings Before Tax	−894 000	−130 000	−297 000	15 000
Tax	0	0	0	4 000
Net Income	−894 000	−130 000	−297 000	12 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 200 000	1 850 000	1 230 000	1 200 000
Total Current Assets	1 000	121 000	8 000	28 000
Total Assets	1 201 000	1 971 000	1 238 000	1 228 000
Total Retained Equity	−1 310 000	−416 000	−291 000	12 000
Total Equity	−1 280 000	−386 000	−261 000	36 000
Total Long-Term Debt	0	0	1 288 000	1 149 000
Total Current Debt	2 480 000	2 356 000	211 000	43 000
Total Equity and Debt	1 201 000	1 971 000	1 238 000	1 228 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	340 000	288 000	156 000	36 000
Operating Profit	−340 000	−288 000	−156 000	−36 000
Financial Income	77 000	351 000	0	51 000
Financial Costs	631 000	193 000	142 000	0
Financial Balance	−554 000	158 000	−142 000	51 000
Dividends	0	0	0	0
Net Income	−894 000	−130 000	−297 000	12 000

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	1 200 000	1 850 000	1 230 000	1 200 000
Total Fixed Assets	1 200 000	1 850 000	1 230 000	1 200 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 000	59 000	8 000	28 000
Total Current Assets	1 000	121 000	8 000	28 000
Total Assets	1 201 000	1 971 000	1 238 000	1 228 000
Total Equity	−1 280 000	−386 000	−261 000	36 000
Short-Term Group Debt	2 359 000	2 270 000	0	0
Total Long-Term Debt	0	0	1 288 000	1 149 000
Creditors	0	44 000	70 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	121 000	41 000	137 000	40 000
Total Current Debt	2 480 000	2 356 000	211 000	43 000
Total Equity and Debt	1 201 000	1 971 000	1 238 000	1 228 000

Financial indicators	2022	2021	2020	2019
Return on Equity	69,84 %	33,68 %	113,79 %	33,33 %
Debt-to-Equity Ratio	−0	−0	−4,93	31,92
Operating Profit Margin	-	-	-	-
Current Ratio	0	0,05	0,04	0,65
Quick Ratio	0	0,05	0,04	0,65
Equity Ratio	−1,07	−0,2	−0,21	0,03
Gross Profit Margin	-	-	-	-