MENZIES AVIATION (OSLO) AS

2060 GARDERMOEN

Finances

Share Ownership

Return on Equity

26,25 %

Current Ratio

0,86

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	508 464 000	242 773 000	199 700 000	450 276 000
Net Income	8 546 000	−18 216 000	−63 901 000	−4 036 000
Total Assets	190 994 000	164 919 000	130 006 000	220 894 000
Total Equity	32 559 000	24 013 000	−47 771 000	16 130 000

Income (NOK)	2022	2021	2020	2019
Revenue	508 464 000	242 773 000	199 700 000	450 276 000
Expenditure	498 760 000	257 756 000	258 926 000	449 270 000
Operating Profit	9 703 000	−14 982 000	−59 227 000	1 005 000
Financial Income	0	48 000	0	29 000
Financial Costs	1 157 000	3 282 000	4 674 000	5 070 000
Financial Balance	−1 157 000	−3 234 000	−4 674 000	−5 041 000
Earnings Before Tax	8 546 000	−18 216 000	−63 901 000	−4 036 000
Tax	0	0	0	0
Net Income	8 546 000	−18 216 000	−63 901 000	−4 036 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	54 083 000	56 014 000	60 282 000	74 467 000
Total Current Assets	136 911 000	108 905 000	69 724 000	146 427 000
Total Assets	190 994 000	164 919 000	130 006 000	220 894 000
Total Retained Equity	8 546 000	0	−49 771 000	−173 770 000
Total Equity	32 559 000	24 013 000	−47 771 000	16 130 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	158 435 000	140 906 000	177 777 000	204 764 000
Total Equity and Debt	190 994 000	164 919 000	130 006 000	220 894 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	497 854 000	237 787 000	183 457 000	449 057 000
Other Income	10 610 000	4 986 000	16 243 000	1 219 000
Revenue	508 464 000	242 773 000	199 700 000	450 276 000
Cost of Goods Sold	0	0	0	0
Salary Costs	333 880 000	175 179 000	154 340 000	344 539 000
Depreciation	4 708 000	4 514 000	4 651 000	4 736 000
Impairment	0	0	0	0
Expenditure	498 760 000	257 756 000	258 926 000	449 270 000
Operating Profit	9 703 000	−14 982 000	−59 227 000	1 005 000
Financial Income	0	48 000	0	29 000
Financial Costs	1 157 000	3 282 000	4 674 000	5 070 000
Financial Balance	−1 157 000	−3 234 000	−4 674 000	−5 041 000
Dividends	0	0	0	0
Net Income	8 546 000	−18 216 000	−63 901 000	−4 036 000

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	53 704 000	54 802 000	58 316 000	74 289 000
Fixtures	340 000	220 000	202 000	178 000
Total Tangible Assets	54 044 000	55 022 000	58 518 000	74 467 000
Total Fiancial Fixed Assets	39 000	992 000	1 765 000	0
Total Fixed Assets	54 083 000	56 014 000	60 282 000	74 467 000
Stock	50 000	2 229 000	348 000	195 000
Total Investments	0	0	0	0
Cash, Bank	46 330 000	31 493 000	46 269 000	66 097 000
Total Current Assets	136 911 000	108 905 000	69 724 000	146 427 000
Total Assets	190 994 000	164 919 000	130 006 000	220 894 000
Total Equity	32 559 000	24 013 000	−47 771 000	16 130 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	17 524 000	22 565 000	7 607 000	12 072 000
Unpaid Taxes	34 535 000	25 467 000	12 008 000	30 787 000
Dividends	0	0	0	0
Other Current Debt	106 376 000	92 874 000	158 163 000	161 905 000
Total Current Debt	158 435 000	140 906 000	177 777 000	204 764 000
Total Equity and Debt	190 994 000	164 919 000	130 006 000	220 894 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,25 %	−75,86 %	133,77 %	−25,02 %
Debt-to-Equity Ratio	0	0	−0	0
Operating Profit Margin	1,91 %	−6,17 %	−29,66 %	0,22 %
Current Ratio	0,86	0,77	0,39	0,72
Quick Ratio	0,86	0,79	0,39	0,72
Equity Ratio	0,17	0,15	−0,37	0,07
Gross Profit Margin	100 %	100 %	100 %	100 %