GARDERMOEN FLIGHT ACADEMY ANS

0250 OSLO

Finances

Share Ownership

Return on Equity

14,31 %

Current Ratio

4,96

Debt-to-Equity Ratio

3,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 896 000	9 510 000	9 353 000	9 158 000
Net Income	1 487 000	3 169 000	2 715 000	2 404 000
Total Assets	42 706 000	49 091 000	53 647 000	54 905 000
Total Equity	10 393 000	8 907 000	5 737 000	3 022 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 896 000	9 510 000	9 353 000	9 158 000
Expenditure	5 304 000	5 086 000	5 215 000	5 213 000
Operating Profit	3 592 000	4 424 000	4 138 000	3 944 000
Financial Income	64 000	11 000	13 000	43 000
Financial Costs	2 169 000	1 266 000	1 436 000	1 583 000
Financial Balance	−2 105 000	−1 255 000	−1 423 000	−1 540 000
Earnings Before Tax	1 487 000	3 169 000	2 715 000	2 404 000
Tax	0	0	0	0
Net Income	1 487 000	3 169 000	2 715 000	2 404 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	40 900 000	44 169 000	47 565 000	50 960 000
Total Current Assets	1 806 000	4 921 000	6 083 000	3 945 000
Total Assets	42 706 000	49 091 000	53 647 000	54 905 000
Total Retained Equity	0	0	0	0
Total Equity	10 393 000	8 907 000	5 737 000	3 022 000
Total Long-Term Debt	31 949 000	38 280 000	46 014 000	50 079 000
Total Current Debt	364 000	1 904 000	1 896 000	1 804 000
Total Equity and Debt	42 706 000	49 091 000	53 647 000	54 905 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	8 896 000	9 510 000	9 353 000	9 158 000
Revenue	8 896 000	9 510 000	9 353 000	9 158 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	3 401 000	3 395 000	3 395 000	3 247 000
Impairment	0	0	0	0
Expenditure	5 304 000	5 086 000	5 215 000	5 213 000
Operating Profit	3 592 000	4 424 000	4 138 000	3 944 000
Financial Income	64 000	11 000	13 000	43 000
Financial Costs	2 169 000	1 266 000	1 436 000	1 583 000
Financial Balance	−2 105 000	−1 255 000	−1 423 000	−1 540 000
Dividends	0	0	0	0
Net Income	1 487 000	3 169 000	2 715 000	2 404 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	40 900 000	44 169 000	47 565 000	50 960 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	40 900 000	44 169 000	47 565 000	50 960 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	40 900 000	44 169 000	47 565 000	50 960 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 746 000	3 370 000	4 583 000	1 680 000
Total Current Assets	1 806 000	4 921 000	6 083 000	3 945 000
Total Assets	42 706 000	49 091 000	53 647 000	54 905 000
Total Equity	10 393 000	8 907 000	5 737 000	3 022 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	31 949 000	38 280 000	46 014 000	50 079 000
Creditors	42 000	1 528 000	1 543 000	1 472 000
Unpaid Taxes	322 000	376 000	353 000	332 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	364 000	1 904 000	1 896 000	1 804 000
Total Equity and Debt	42 706 000	49 091 000	53 647 000	54 905 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,31 %	35,58 %	47,32 %	79,55 %
Debt-to-Equity Ratio	3,07	4,3	8,02	16,57
Operating Profit Margin	40,38 %	46,52 %	44,24 %	43,07 %
Current Ratio	4,96	2,58	3,21	2,19
Quick Ratio	4,96	2,58	3,21	2,19
Equity Ratio	0,24	0,18	0,11	0,06
Gross Profit Margin	100 %	100 %	100 %	100 %