BLUE WING AVIATION AS

3170 SEM

Finances

Share Ownership

Return on Equity

55,52 %

Current Ratio

0,08

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	555 000	1 028 000	267 000	48 000
Net Income	−468 000	64 000	−187 000	−303 000
Total Assets	990 000	1 162 000	903 000	876 000
Total Equity	−843 000	−375 000	−439 000	−253 000

Income (NOK)	2022	2021	2020	2019
Revenue	555 000	1 028 000	267 000	48 000
Expenditure	1 156 000	920 000	482 000	435 000
Operating Profit	−600 000	108 000	−215 000	−388 000
Financial Income	0	0	0	0
Financial Costs	0	25 000	25 000	0
Financial Balance	0	−25 000	−25 000	0
Earnings Before Tax	−600 000	82 000	−239 000	−388 000
Tax	−132 000	18 000	−53 000	−85 000
Net Income	−468 000	64 000	−187 000	−303 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	846 000	768 000	840 000	841 000
Total Current Assets	144 000	394 000	63 000	35 000
Total Assets	990 000	1 162 000	903 000	876 000
Total Retained Equity	−893 000	−425 000	−489 000	−303 000
Total Equity	−843 000	−375 000	−439 000	−253 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 834 000	1 537 000	1 342 000	1 128 000
Total Equity and Debt	990 000	1 162 000	903 000	876 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	582 000	1 028 000	267 000	48 000
Other Income	−27 000	0	0	0
Revenue	555 000	1 028 000	267 000	48 000
Cost of Goods Sold	310 000	339 000	121 000	22 000
Salary Costs	0	0	0	0
Depreciation	54 000	54 000	54 000	54 000
Impairment	0	0	0	0
Expenditure	1 156 000	920 000	482 000	435 000
Operating Profit	−600 000	108 000	−215 000	−388 000
Financial Income	0	0	0	0
Financial Costs	0	25 000	25 000	0
Financial Balance	0	−25 000	−25 000	0
Dividends	0	0	0	0
Net Income	−468 000	64 000	−187 000	−303 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	252 000	120 000	138 000	85 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	594 000	648 000	702 000	756 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	846 000	768 000	840 000	841 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	110 000	142 000	1 000	35 000
Total Current Assets	144 000	394 000	63 000	35 000
Total Assets	990 000	1 162 000	903 000	876 000
Total Equity	−843 000	−375 000	−439 000	−253 000
Short-Term Group Debt	1 194 000	894 000	770 000	605 000
Total Long-Term Debt	0	0	0	0
Creditors	30 000	35 000	15 000	12 000
Unpaid Taxes	21 000	12 000	2 000	0
Dividends	0	0	0	0
Other Current Debt	589 000	595 000	555 000	511 000
Total Current Debt	1 834 000	1 537 000	1 342 000	1 128 000
Total Equity and Debt	990 000	1 162 000	903 000	876 000

Financial indicators	2022	2021	2020	2019
Return on Equity	55,52 %	−17,07 %	42,6 %	119,76 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	−108,11 %	10,51 %	−80,52 %	−808,33 %
Current Ratio	0,08	0,26	0,05	0,03
Quick Ratio	0,08	0,26	0,05	0,03
Equity Ratio	−0,85	−0,32	−0,49	−0,29
Gross Profit Margin	44,14 %	67,02 %	54,68 %	54,17 %