AIRKAY AS

0268 OSLO

Finances

Return on Equity

15,43 %

Current Ratio

1,28

Debt-to-Equity Ratio

1,17

Key figures (NOK)	2021	2020	2019
Revenue	7 916 000	7 294 000	5 267 000
Net Income	50 000	110 000	140 000
Total Assets	2 640 000	2 343 000	1 915 000
Total Equity	324 000	274 000	164 000

Income (NOK)	2021	2020	2019
Revenue	7 916 000	7 294 000	5 267 000
Expenditure	7 788 000	7 114 000	5 048 000
Operating Profit	126 000	181 000	219 000
Financial Income	0	0	0
Financial Costs	52 000	35 000	41 000
Financial Balance	−52 000	−35 000	−41 000
Earnings Before Tax	75 000	146 000	178 000
Tax	25 000	35 000	38 000
Net Income	50 000	110 000	140 000

Balance (NOK)	2021	2020	2019
Total Fixed Assets	159 000	169 000	225 000
Total Current Assets	2 481 000	2 174 000	1 690 000
Total Assets	2 640 000	2 343 000	1 915 000
Total Retained Equity	299 000	250 000	140 000
Total Equity	324 000	274 000	164 000
Total Long-Term Debt	379 000	538 000	691 000
Total Current Debt	1 937 000	1 531 000	1 059 000
Total Equity and Debt	2 640 000	2 343 000	1 915 000

Cash flow (NOK)	2021	2020	2019
Sales Income	7 911 000	7 247 000	5 255 000
Other Income	5 000	48 000	12 000
Revenue	7 916 000	7 294 000	5 267 000
Cost of Goods Sold	3 954 000	3 306 000	2 486 000
Salary Costs	2 075 000	2 004 000	1 357 000
Depreciation	55 000	56 000	50 000
Impairment	0	0	0
Expenditure	7 788 000	7 114 000	5 048 000
Operating Profit	126 000	181 000	219 000
Financial Income	0	0	0
Financial Costs	52 000	35 000	41 000
Financial Balance	−52 000	−35 000	−41 000
Dividends	0	0	0
Net Income	50 000	110 000	140 000

Balance details (NOK)	2021	2020	2019
Goodwill	0	0	0
Total Intangible Assets	45 000	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	109 000	164 000	220 000
Total Tangible Assets	109 000	164 000	220 000
Total Fiancial Fixed Assets	5 000	5 000	5 000
Total Fixed Assets	159 000	169 000	225 000
Stock	1 708 000	1 431 000	1 151 000
Total Investments	0	0	0
Cash, Bank	594 000	478 000	518 000
Total Current Assets	2 481 000	2 174 000	1 690 000
Total Assets	2 640 000	2 343 000	1 915 000
Total Equity	324 000	274 000	164 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	379 000	538 000	691 000
Creditors	1 280 000	641 000	490 000
Unpaid Taxes	418 000	653 000	401 000
Dividends	0	0	0
Other Current Debt	214 000	201 000	131 000
Total Current Debt	1 937 000	1 531 000	1 059 000
Total Equity and Debt	2 640 000	2 343 000	1 915 000

Financial indicators	2021	2020	2019
Return on Equity	15,43 %	40,15 %	85,37 %
Debt-to-Equity Ratio	1,17	1,96	4,21
Operating Profit Margin	1,59 %	2,48 %	4,16 %
Current Ratio	1,28	1,42	1,6
Quick Ratio	10,83	21,74	−18,37
Equity Ratio	0,12	0,12	0,09
Gross Profit Margin	50,05 %	54,68 %	52,8 %