AAP AVIATION GROUP AS

1366 LYSAKER

Finances

Return on Equity

15,71 %

Current Ratio

6,28

Debt-to-Equity Ratio

−3,36

Key figures (NOK)	2022	2021	2020
Revenue	50 000	0	0
Net Income	−1 485 000	−58 390 000	31 678 000
Total Assets	24 578 000	9 084 000	75 974 000
Total Equity	−9 451 000	−7 966 000	32 360 000

Income (NOK)	2022	2021	2020
Revenue	50 000	0	0
Expenditure	849 000	8 504 000	144 000
Operating Profit	−799 000	−8 504 000	−144 000
Financial Income	387 000	173 000	32 621 000
Financial Costs	1 073 000	50 059 000	800 000
Financial Balance	−686 000	−49 886 000	31 821 000
Earnings Before Tax	−1 485 000	−58 390 000	31 678 000
Tax	0	0	0
Net Income	−1 485 000	−58 390 000	31 678 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	10 472 000	5 786 000	74 421 000
Total Current Assets	14 106 000	3 298 000	1 553 000
Total Assets	24 578 000	9 084 000	75 974 000
Total Retained Equity	−25 164 000	−23 679 000	31 648 000
Total Equity	−9 451 000	−7 966 000	32 360 000
Total Long-Term Debt	31 782 000	14 795 000	43 009 000
Total Current Debt	2 247 000	2 255 000	605 000
Total Equity and Debt	24 578 000	9 084 000	75 974 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	50 000	0	0
Revenue	50 000	0	0
Cost of Goods Sold	0	0	0
Salary Costs	0	7 057 000	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	849 000	8 504 000	144 000
Operating Profit	−799 000	−8 504 000	−144 000
Financial Income	387 000	173 000	32 621 000
Financial Costs	1 073 000	50 059 000	800 000
Financial Balance	−686 000	−49 886 000	31 821 000
Dividends	0	0	0
Net Income	−1 485 000	−58 390 000	31 678 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	10 472 000	5 786 000	74 421 000
Total Fixed Assets	10 472 000	5 786 000	74 421 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	11 000	1 031 000	627 000
Total Current Assets	14 106 000	3 298 000	1 553 000
Total Assets	24 578 000	9 084 000	75 974 000
Total Equity	−9 451 000	−7 966 000	32 360 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	31 782 000	14 795 000	43 009 000
Creditors	1 587 000	850 000	605 000
Unpaid Taxes	0	325 000	0
Dividends	0	0	0
Other Current Debt	660 000	1 080 000	0
Total Current Debt	2 247 000	2 255 000	605 000
Total Equity and Debt	24 578 000	9 084 000	75 974 000

Financial indicators	2022	2021	2020
Return on Equity	15,71 %	732,99 %	97,89 %
Debt-to-Equity Ratio	−3,36	−1,86	1,33
Operating Profit Margin	−1 598 %	-	-
Current Ratio	6,28	1,46	2,57
Quick Ratio	6,28	1,46	2,57
Equity Ratio	−0,38	−0,88	0,43
Gross Profit Margin	100 %	-	-