FLY-IT AS

1339 VØYENENGA

Finances

Share Ownership

Return on Equity

−8,58 %

Current Ratio

0,31

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	43 000	1 008 000	7 000	74 000
Net Income	−129 000	751 000	−38 000	−5 000
Total Assets	2 167 000	2 270 000	2 719 000	2 076 000
Total Equity	1 503 000	1 633 000	882 000	920 000

Income (NOK)	2022	2021	2020	2019
Revenue	43 000	1 008 000	7 000	74 000
Expenditure	187 000	57 000	45 000	75 000
Operating Profit	−144 000	951 000	−38 000	−1 000
Financial Income	23 000	6 000	0	0
Financial Costs	9 000	0	0	5 000
Financial Balance	14 000	6 000	0	−5 000
Earnings Before Tax	−129 000	957 000	−38 000	−5 000
Tax	0	206 000	0	0
Net Income	−129 000	751 000	−38 000	−5 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 977 000	0	0	112 000
Total Current Assets	190 000	2 270 000	2 719 000	1 964 000
Total Assets	2 167 000	2 270 000	2 719 000	2 076 000
Total Retained Equity	1 403 000	1 533 000	782 000	820 000
Total Equity	1 503 000	1 633 000	882 000	920 000
Total Long-Term Debt	43 000	0	1 839 000	113 000
Total Current Debt	620 000	637 000	−2 000	1 043 000
Total Equity and Debt	2 167 000	2 270 000	2 719 000	2 076 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	43 000	6 000	7 000	74 000
Other Income	0	1 002 000	0	0
Revenue	43 000	1 008 000	7 000	74 000
Cost of Goods Sold	144 000	6 000	0	23 000
Salary Costs	0	0	2 000	1 000
Depreciation	27 000	0	23 000	28 000
Impairment	0	0	0	0
Expenditure	187 000	57 000	45 000	75 000
Operating Profit	−144 000	951 000	−38 000	−1 000
Financial Income	23 000	6 000	0	0
Financial Costs	9 000	0	0	5 000
Financial Balance	14 000	6 000	0	−5 000
Dividends	0	0	0	0
Net Income	−129 000	751 000	−38 000	−5 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 977 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 977 000	0	0	112 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 977 000	0	0	112 000
Stock	0	0	2 636 000	1 333 000
Total Investments	0	0	0	0
Cash, Bank	190 000	2 166 000	83 000	631 000
Total Current Assets	190 000	2 270 000	2 719 000	1 964 000
Total Assets	2 167 000	2 270 000	2 719 000	2 076 000
Total Equity	1 503 000	1 633 000	882 000	920 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	43 000	0	1 839 000	113 000
Creditors	0	111 000	0	5 000
Unpaid Taxes	0	0	−2 000	18 000
Dividends	0	0	0	0
Other Current Debt	620 000	320 000	0	1 020 000
Total Current Debt	620 000	637 000	−2 000	1 043 000
Total Equity and Debt	2 167 000	2 270 000	2 719 000	2 076 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−8,58 %	45,99 %	−4,31 %	−0,54 %
Debt-to-Equity Ratio	0,03	0	2,09	0,12
Operating Profit Margin	−334,88 %	94,35 %	−542,86 %	−1,35 %
Current Ratio	0,31	3,56	−1 359,5	1,88
Quick Ratio	0,31	3,56	−1,03	−6,77
Equity Ratio	0,69	0,72	0,32	0,44
Gross Profit Margin	−234,88 %	99,4 %	100 %	68,92 %