MAP AIRCRAFT PROJECTS AS

4051 SOLA

Finances

Return on Equity

16,74 %

Current Ratio

2,22

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	32 446 000	36 826 000	36 050 000	35 589 000
Net Income	3 868 000	9 828 000	9 036 000	9 106 000
Total Assets	41 919 000	43 574 000	35 694 000	31 590 000
Total Equity	23 105 000	19 237 000	18 409 000	13 373 000

Income (NOK)	2022	2021	2020	2019
Revenue	32 446 000	36 826 000	36 050 000	35 589 000
Expenditure	24 335 000	27 778 000	26 770 000	27 230 000
Operating Profit	8 111 000	9 048 000	9 280 000	8 358 000
Financial Income	262 000	2 842 000	1 941 000	2 744 000
Financial Costs	2 862 000	17 000	123 000	34 000
Financial Balance	−2 600 000	2 825 000	1 818 000	2 710 000
Earnings Before Tax	5 511 000	11 873 000	11 098 000	11 069 000
Tax	1 643 000	2 046 000	2 061 000	1 963 000
Net Income	3 868 000	9 828 000	9 036 000	9 106 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	166 000	174 000	155 000	170 000
Total Current Assets	41 754 000	43 399 000	35 539 000	31 420 000
Total Assets	41 919 000	43 574 000	35 694 000	31 590 000
Total Retained Equity	23 004 000	19 136 000	18 309 000	13 272 000
Total Equity	23 105 000	19 237 000	18 409 000	13 373 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	18 815 000	24 336 000	17 285 000	18 217 000
Total Equity and Debt	41 919 000	43 574 000	35 694 000	31 590 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	32 446 000	36 826 000	36 050 000	35 589 000
Other Income	0	0	0	0
Revenue	32 446 000	36 826 000	36 050 000	35 589 000
Cost of Goods Sold	22 151 000	25 823 000	24 698 000	25 006 000
Salary Costs	1 413 000	1 384 000	1 442 000	1 620 000
Depreciation	8 000	6 000	0	7 000
Impairment	0	0	0	0
Expenditure	24 335 000	27 778 000	26 770 000	27 230 000
Operating Profit	8 111 000	9 048 000	9 280 000	8 358 000
Financial Income	262 000	2 842 000	1 941 000	2 744 000
Financial Costs	2 862 000	17 000	123 000	34 000
Financial Balance	−2 600 000	2 825 000	1 818 000	2 710 000
Dividends	0	4 000 000	4 000 000	4 000 000
Net Income	3 868 000	9 828 000	9 036 000	9 106 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	15 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	18 000	26 000	7 000	7 000
Total Tangible Assets	18 000	26 000	7 000	7 000
Total Fiancial Fixed Assets	148 000	148 000	148 000	148 000
Total Fixed Assets	166 000	174 000	155 000	170 000
Stock	0	0	0	0
Total Investments	22 556 000	23 062 000	18 023 000	16 608 000
Cash, Bank	18 459 000	19 806 000	17 148 000	11 044 000
Total Current Assets	41 754 000	43 399 000	35 539 000	31 420 000
Total Assets	41 919 000	43 574 000	35 694 000	31 590 000
Total Equity	23 105 000	19 237 000	18 409 000	13 373 000
Short-Term Group Debt	7 669 000	9 701 000	8 040 000	6 746 000
Total Long-Term Debt	0	0	0	0
Creditors	301 000	363 000	195 000	480 000
Unpaid Taxes	1 074 000	1 147 000	840 000	1 115 000
Dividends	0	4 000 000	4 000 000	4 000 000
Other Current Debt	8 127 000	2 081 000	2 149 000	3 911 000
Total Current Debt	18 815 000	24 336 000	17 285 000	18 217 000
Total Equity and Debt	41 919 000	43 574 000	35 694 000	31 590 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,74 %	51,09 %	49,08 %	68,09 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	25 %	24,57 %	25,74 %	23,48 %
Current Ratio	2,22	1,78	2,06	1,72
Quick Ratio	2,22	1,78	2,06	1,72
Equity Ratio	0,55	0,44	0,52	0,42
Gross Profit Margin	31,73 %	29,88 %	31,49 %	29,74 %