WESTWING HELICOPTERS AS

5600 NORHEIMSUND

Finances

Return on Equity

10,85 %

Current Ratio

N/A

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	280 000	417 000	180 000	139 000
Net Income	70 000	32 000	39 000	34 000
Total Assets	646 000	71 000	849 000	150 000
Total Equity	645 000	886 000	848 000	150 000

Income (NOK)	2022	2021	2020	2019
Revenue	280 000	417 000	180 000	139 000
Expenditure	210 000	384 000	140 000	105 000
Operating Profit	70 000	32 000	40 000	34 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	70 000	32 000	40 000	34 000
Tax	0	0	1 000	0
Net Income	70 000	32 000	39 000	34 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	645 000	71 000	0	150 000
Total Current Assets	1 000	0	849 000	0
Total Assets	646 000	71 000	849 000	150 000
Total Retained Equity	0	71 000	0	0
Total Equity	645 000	886 000	848 000	150 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	0	0	0	0
Total Equity and Debt	645 000	886 000	848 000	150 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	280 000	417 000	180 000	139 000
Other Income	0	0	0	0
Revenue	280 000	417 000	180 000	139 000
Cost of Goods Sold	0	0	0	71 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	210 000	384 000	140 000	105 000
Operating Profit	70 000	32 000	40 000	34 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	70 000	32 000	39 000	34 000

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	45 000	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	645 000	71 000	0	150 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	645 000	71 000	0	150 000
Stock	0	0	0	0
Total Investments	0	0	849 000	0
Cash, Bank	1 000	0	0	0
Total Current Assets	1 000	0	849 000	0
Total Assets	646 000	71 000	849 000	150 000
Total Equity	645 000	886 000	848 000	150 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	0	0	0	0
Total Equity and Debt	645 000	886 000	848 000	150 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,85 %	3,61 %	4,6 %	22,67 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	25 %	7,67 %	22,22 %	24,46 %
Current Ratio	-	-	-	-
Quick Ratio	-	-	-	-
Equity Ratio	1	12,48	1	1
Gross Profit Margin	100 %	100 %	100 %	48,92 %