H-BIRD AVIATION SERVICES NORWAY AS

2060 GARDERMOEN

Finances

Share Ownership

Return on Equity

−250,42 %

Current Ratio

1,21

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 535 000	16 715 000	17 442 000	22 435 000
Net Income	−1 798 000	−437 000	1 296 000	1 505 000
Total Assets	3 790 000	6 704 000	6 746 000	4 938 000
Total Equity	718 000	2 516 000	2 953 000	1 657 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 535 000	16 715 000	17 442 000	22 435 000
Expenditure	18 352 000	16 998 000	16 051 000	20 897 000
Operating Profit	−1 817 000	−284 000	1 391 000	1 538 000
Financial Income	173 000	112 000	445 000	320 000
Financial Costs	154 000	265 000	176 000	142 000
Financial Balance	19 000	−153 000	269 000	178 000
Earnings Before Tax	−1 798 000	−437 000	1 660 000	1 716 000
Tax	0	0	364 000	212 000
Net Income	−1 798 000	−437 000	1 296 000	1 505 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	64 000	64 000	64 000	0
Total Current Assets	3 725 000	6 640 000	6 682 000	4 938 000
Total Assets	3 790 000	6 704 000	6 746 000	4 938 000
Total Retained Equity	−282 000	1 516 000	1 953 000	657 000
Total Equity	718 000	2 516 000	2 953 000	1 657 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 072 000	4 188 000	3 793 000	3 281 000
Total Equity and Debt	3 790 000	6 704 000	6 746 000	4 938 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 374 000	7 007 000	7 542 000	12 076 000
Other Income	10 162 000	9 707 000	9 900 000	10 360 000
Revenue	16 535 000	16 715 000	17 442 000	22 435 000
Cost of Goods Sold	5 181 000	5 044 000	2 523 000	3 081 000
Salary Costs	801 000	779 000	879 000	3 445 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	18 352 000	16 998 000	16 051 000	20 897 000
Operating Profit	−1 817 000	−284 000	1 391 000	1 538 000
Financial Income	173 000	112 000	445 000	320 000
Financial Costs	154 000	265 000	176 000	142 000
Financial Balance	19 000	−153 000	269 000	178 000
Dividends	0	0	0	0
Net Income	−1 798 000	−437 000	1 296 000	1 505 000

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	64 000	64 000	64 000	0
Total Fixed Assets	64 000	64 000	64 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	101 000	99 000	1 288 000	1 011 000
Total Current Assets	3 725 000	6 640 000	6 682 000	4 938 000
Total Assets	3 790 000	6 704 000	6 746 000	4 938 000
Total Equity	718 000	2 516 000	2 953 000	1 657 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 439 000	2 435 000	2 094 000	1 235 000
Unpaid Taxes	526 000	509 000	466 000	586 000
Dividends	0	0	0	0
Other Current Debt	918 000	917 000	869 000	1 249 000
Total Current Debt	3 072 000	4 188 000	3 793 000	3 281 000
Total Equity and Debt	3 790 000	6 704 000	6 746 000	4 938 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−250,42 %	−17,37 %	43,89 %	90,83 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−10,99 %	−1,7 %	7,98 %	6,86 %
Current Ratio	1,21	1,59	1,76	1,51
Quick Ratio	1,21	1,59	1,76	1,51
Equity Ratio	0,19	0,38	0,44	0,34
Gross Profit Margin	68,67 %	69,82 %	85,53 %	86,27 %