ORANGE AERIAL AS

6009 ÅLESUND

Finances

Share Ownership

Return on Equity

−40,05 %

Current Ratio

1,98

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 412 000	6 821 000	38 761 000	10 293 000
Net Income	−1 871 000	−638 000	5 196 000	718 000
Total Assets	5 238 000	7 424 000	9 081 000	2 573 000
Total Equity	4 672 000	6 544 000	7 182 000	1 986 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 412 000	6 821 000	38 761 000	10 293 000
Expenditure	6 762 000	7 611 000	32 068 000	9 360 000
Operating Profit	−2 351 000	−790 000	6 693 000	933 000
Financial Income	1 000	2 000	1 000	1 000
Financial Costs	34 000	24 000	31 000	0
Financial Balance	−33 000	−22 000	−30 000	1 000
Earnings Before Tax	−2 383 000	−811 000	6 662 000	933 000
Tax	−512 000	−173 000	1 466 000	215 000
Net Income	−1 871 000	−638 000	5 196 000	718 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 268 000	4 773 000	2 022 000	1 558 000
Total Current Assets	969 000	2 651 000	7 059 000	1 015 000
Total Assets	5 238 000	7 424 000	9 081 000	2 573 000
Total Retained Equity	3 171 000	5 043 000	5 681 000	485 000
Total Equity	4 672 000	6 544 000	7 182 000	1 986 000
Total Long-Term Debt	75 000	577 000	109 000	129 000
Total Current Debt	490 000	303 000	1 790 000	458 000
Total Equity and Debt	5 238 000	7 424 000	9 081 000	2 573 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 389 000	6 712 000	38 752 000	10 383 000
Other Income	24 000	109 000	9 000	−90 000
Revenue	4 412 000	6 821 000	38 761 000	10 293 000
Cost of Goods Sold	2 159 000	5 573 000	21 923 000	1 208 000
Salary Costs	1 000	1 000	274 000	57 000
Depreciation	1 230 000	1 111 000	547 000	382 000
Impairment	0	0	0	0
Expenditure	6 762 000	7 611 000	32 068 000	9 360 000
Operating Profit	−2 351 000	−790 000	6 693 000	933 000
Financial Income	1 000	2 000	1 000	1 000
Financial Costs	34 000	24 000	31 000	0
Financial Balance	−33 000	−22 000	−30 000	1 000
Dividends	0	0	0	0
Net Income	−1 871 000	−638 000	5 196 000	718 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	716 000	205 000	32 000	40 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	3 416 000	4 396 000	1 991 000	1 518 000
Total Tangible Assets	3 416 000	4 396 000	1 991 000	1 518 000
Total Fiancial Fixed Assets	136 000	173 000	0	0
Total Fixed Assets	4 268 000	4 773 000	2 022 000	1 558 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	739 000	2 473 000	7 057 000	810 000
Total Current Assets	969 000	2 651 000	7 059 000	1 015 000
Total Assets	5 238 000	7 424 000	9 081 000	2 573 000
Total Equity	4 672 000	6 544 000	7 182 000	1 986 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	75 000	577 000	109 000	129 000
Creditors	429 000	174 000	73 000	227 000
Unpaid Taxes	1 000	8 000	139 000	15 000
Dividends	0	0	0	0
Other Current Debt	60 000	121 000	120 000	60 000
Total Current Debt	490 000	303 000	1 790 000	458 000
Total Equity and Debt	5 238 000	7 424 000	9 081 000	2 573 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−40,05 %	−9,75 %	72,35 %	36,15 %
Debt-to-Equity Ratio	0,02	0,09	0,02	0,06
Operating Profit Margin	−53,29 %	−11,58 %	17,27 %	9,06 %
Current Ratio	1,98	8,75	3,94	2,22
Quick Ratio	1,98	8,75	3,94	2,22
Equity Ratio	0,89	0,88	0,79	0,77
Gross Profit Margin	51,07 %	18,3 %	43,44 %	88,26 %