AIRCRAFT ENGINEERING AS

1894 RAKKESTAD

Finances

Return on Equity

−112,4 %

Current Ratio

20,64

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	48 000	44 000	34 000	57 000
Net Income	−290 000	28 000	27 000	3 000
Total Assets	269 000	597 000	590 000	882 000
Total Equity	258 000	548 000	520 000	493 000

Income (NOK)	2022	2021	2020	2019
Revenue	48 000	44 000	34 000	57 000
Expenditure	334 000	15 000	−1 000	27 000
Operating Profit	−286 000	29 000	34 000	30 000
Financial Income	0	0	0	0
Financial Costs	4 000	1 000	7 000	27 000
Financial Balance	−4 000	−1 000	−7 000	−27 000
Earnings Before Tax	−290 000	28 000	27 000	3 000
Tax	0	0	0	0
Net Income	−290 000	28 000	27 000	3 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	41 000	41 000	41 000	53 000
Total Current Assets	227 000	556 000	549 000	828 000
Total Assets	269 000	597 000	590 000	882 000
Total Retained Equity	158 000	448 000	420 000	393 000
Total Equity	258 000	548 000	520 000	493 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	11 000	49 000	70 000	388 000
Total Equity and Debt	269 000	597 000	590 000	882 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	21 000	18 000	15 000	57 000
Other Income	27 000	25 000	19 000	0
Revenue	48 000	44 000	34 000	57 000
Cost of Goods Sold	300 000	−11 000	−42 000	−14 000
Salary Costs	0	0	0	0
Depreciation	0	0	8 000	2 000
Impairment	0	0	0	0
Expenditure	334 000	15 000	−1 000	27 000
Operating Profit	−286 000	29 000	34 000	30 000
Financial Income	0	0	0	0
Financial Costs	4 000	1 000	7 000	27 000
Financial Balance	−4 000	−1 000	−7 000	−27 000
Dividends	0	0	0	0
Net Income	−290 000	28 000	27 000	3 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	8 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	8 000
Total Fiancial Fixed Assets	41 000	41 000	41 000	45 000
Total Fixed Assets	41 000	41 000	41 000	53 000
Stock	50 000	350 000	338 000	297 000
Total Investments	0	0	0	0
Cash, Bank	170 000	2 000	2 000	2 000
Total Current Assets	227 000	556 000	549 000	828 000
Total Assets	269 000	597 000	590 000	882 000
Total Equity	258 000	548 000	520 000	493 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 000	2 000	0	3 000
Unpaid Taxes	3 000	4 000	0	0
Dividends	0	0	0	0
Other Current Debt	7 000	5 000	3 000	0
Total Current Debt	11 000	49 000	70 000	388 000
Total Equity and Debt	269 000	597 000	590 000	882 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−112,4 %	5,11 %	5,19 %	0,61 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−595,83 %	65,91 %	100 %	52,63 %
Current Ratio	20,64	11,35	7,84	2,13
Quick Ratio	−5,82	−1,85	−2,05	9,1
Equity Ratio	0,96	0,92	0,88	0,56
Gross Profit Margin	−525 %	125 %	223,53 %	124,56 %