TOPFLIGHT AS

3514 HØNEFOSS

Finances

Share Ownership

Return on Equity

13,92 %

Current Ratio

2,96

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 831 000	6 101 000	36 000	686 000
Net Income	623 000	1 141 000	−413 000	340 000
Total Assets	5 280 000	4 768 000	2 886 000	3 299 000
Total Equity	4 475 000	3 852 000	2 711 000	3 125 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 831 000	6 101 000	36 000	686 000
Expenditure	4 162 000	4 952 000	450 000	345 000
Operating Profit	668 000	1 149 000	−413 000	340 000
Financial Income	1 000	0	0	0
Financial Costs	0	8 000	0	0
Financial Balance	1 000	−8 000	0	0
Earnings Before Tax	669 000	1 141 000	−413 000	340 000
Tax	46 000	0	0	0
Net Income	623 000	1 141 000	−413 000	340 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 899 000	2 837 000	2 837 000	2 837 000
Total Current Assets	2 381 000	1 931 000	49 000	462 000
Total Assets	5 280 000	4 768 000	2 886 000	3 299 000
Total Retained Equity	4 175 000	3 552 000	2 411 000	2 825 000
Total Equity	4 475 000	3 852 000	2 711 000	3 125 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	805 000	916 000	175 000	175 000
Total Equity and Debt	5 280 000	4 768 000	2 886 000	3 299 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 789 000	6 057 000	−1 000	638 000
Other Income	42 000	44 000	38 000	48 000
Revenue	4 831 000	6 101 000	36 000	686 000
Cost of Goods Sold	965 000	2 113 000	0	0
Salary Costs	2 886 000	2 631 000	0	175 000
Depreciation	26 000	0	0	0
Impairment	0	0	0	0
Expenditure	4 162 000	4 952 000	450 000	345 000
Operating Profit	668 000	1 149 000	−413 000	340 000
Financial Income	1 000	0	0	0
Financial Costs	0	8 000	0	0
Financial Balance	1 000	−8 000	0	0
Dividends	0	0	0	0
Net Income	623 000	1 141 000	−413 000	340 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 837 000	2 837 000	2 837 000	2 837 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	61 000	0	0	0
Total Tangible Assets	2 899 000	2 837 000	2 837 000	2 837 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 899 000	2 837 000	2 837 000	2 837 000
Stock	0	0	0	0
Total Investments	309 000	0	0	0
Cash, Bank	1 326 000	419 000	45 000	84 000
Total Current Assets	2 381 000	1 931 000	49 000	462 000
Total Assets	5 280 000	4 768 000	2 886 000	3 299 000
Total Equity	4 475 000	3 852 000	2 711 000	3 125 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	−9 000	2 000	55 000
Unpaid Taxes	344 000	626 000	6 000	6 000
Dividends	0	0	0	0
Other Current Debt	415 000	299 000	166 000	113 000
Total Current Debt	805 000	916 000	175 000	175 000
Total Equity and Debt	5 280 000	4 768 000	2 886 000	3 299 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,92 %	29,62 %	−15,23 %	10,88 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	13,83 %	18,83 %	−1 147,22 %	49,56 %
Current Ratio	2,96	2,11	0,28	2,64
Quick Ratio	2,96	2,11	0,28	2,64
Equity Ratio	0,85	0,81	0,94	0,95
Gross Profit Margin	80,02 %	65,37 %	100 %	100 %