VADSØ FLYEKSPEDISJON AS

9801 VADSØ

Finances

Share Ownership

Return on Equity

−42,52 %

Current Ratio

5,47

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	800 000	806 000	1 448 000	7 075 000
Net Income	−216 000	−341 000	−458 000	71 000
Total Assets	591 000	1 171 000	1 612 000	3 032 000
Total Equity	508 000	723 000	1 064 000	1 522 000

Income (NOK)	2022	2021	2020	2019
Revenue	800 000	806 000	1 448 000	7 075 000
Expenditure	1 005 000	1 133 000	1 891 000	6 966 000
Operating Profit	−204 000	−328 000	−444 000	109 000
Financial Income	0	0	0	1 000
Financial Costs	11 000	13 000	15 000	40 000
Financial Balance	−11 000	−13 000	−15 000	−39 000
Earnings Before Tax	−216 000	−341 000	−458 000	71 000
Tax	0	0	0	0
Net Income	−216 000	−341 000	−458 000	71 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	137 000	614 000	786 000	602 000
Total Current Assets	454 000	557 000	827 000	2 430 000
Total Assets	591 000	1 171 000	1 612 000	3 032 000
Total Retained Equity	404 000	620 000	960 000	1 418 000
Total Equity	508 000	723 000	1 064 000	1 522 000
Total Long-Term Debt	0	363 000	443 000	440 000
Total Current Debt	83 000	84 000	105 000	1 070 000
Total Equity and Debt	591 000	1 171 000	1 612 000	3 032 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	796 000	806 000	1 163 000	6 961 000
Other Income	4 000	0	285 000	114 000
Revenue	800 000	806 000	1 448 000	7 075 000
Cost of Goods Sold	0	−1 000	1 000	0
Salary Costs	510 000	500 000	1 115 000	5 687 000
Depreciation	61 000	172 000	139 000	339 000
Impairment	0	0	0	0
Expenditure	1 005 000	1 133 000	1 891 000	6 966 000
Operating Profit	−204 000	−328 000	−444 000	109 000
Financial Income	0	0	0	1 000
Financial Costs	11 000	13 000	15 000	40 000
Financial Balance	−11 000	−13 000	−15 000	−39 000
Dividends	0	0	0	0
Net Income	−216 000	−341 000	−458 000	71 000

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	137 000	614 000	786 000	568 000
Total Tangible Assets	137 000	614 000	786 000	568 000
Total Fiancial Fixed Assets	0	0	0	34 000
Total Fixed Assets	137 000	614 000	786 000	602 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	254 000	409 000	705 000	2 193 000
Total Current Assets	454 000	557 000	827 000	2 430 000
Total Assets	591 000	1 171 000	1 612 000	3 032 000
Total Equity	508 000	723 000	1 064 000	1 522 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	363 000	443 000	440 000
Creditors	16 000	9 000	29 000	42 000
Unpaid Taxes	37 000	42 000	15 000	412 000
Dividends	0	0	0	0
Other Current Debt	30 000	33 000	61 000	617 000
Total Current Debt	83 000	84 000	105 000	1 070 000
Total Equity and Debt	591 000	1 171 000	1 612 000	3 032 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−42,52 %	−47,16 %	−43,05 %	4,66 %
Debt-to-Equity Ratio	0	0,5	0,42	0,29
Operating Profit Margin	−25,5 %	−40,69 %	−30,66 %	1,54 %
Current Ratio	5,47	6,63	7,88	2,27
Quick Ratio	5,47	6,63	7,88	2,27
Equity Ratio	0,86	0,62	0,66	0,5
Gross Profit Margin	100 %	100,12 %	99,93 %	100 %