AEROCOM NORGE AS

2016 FROGNER

Finances

Share Ownership

Return on Equity

9,3 %

Current Ratio

1,95

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	19 270 000	16 390 000	13 341 000	8 204 000
Net Income	528 000	1 590 000	1 051 000	471 000
Total Assets	11 457 000	10 232 000	9 204 000	3 942 000
Total Equity	5 676 000	5 148 000	3 558 000	2 507 000

Income (NOK)	2022	2021	2020	2019
Revenue	19 270 000	16 390 000	13 341 000	8 204 000
Expenditure	18 232 000	15 009 000	12 361 000	7 578 000
Operating Profit	1 038 000	1 652 000	981 000	625 000
Financial Income	75 000	412 000	396 000	25 000
Financial Costs	426 000	28 000	32 000	43 000
Financial Balance	−351 000	384 000	364 000	−18 000
Earnings Before Tax	687 000	2 035 000	1 345 000	607 000
Tax	159 000	446 000	293 000	137 000
Net Income	528 000	1 590 000	1 051 000	471 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	178 000	307 000	276 000	181 000
Total Current Assets	11 280 000	9 924 000	8 928 000	3 761 000
Total Assets	11 457 000	10 232 000	9 204 000	3 942 000
Total Retained Equity	5 065 000	4 537 000	2 947 000	1 896 000
Total Equity	5 676 000	5 148 000	3 558 000	2 507 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	5 782 000	5 084 000	5 646 000	1 435 000
Total Equity and Debt	11 457 000	10 232 000	9 204 000	3 942 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	19 270 000	16 390 000	13 341 000	8 204 000
Other Income	0	0	0	0
Revenue	19 270 000	16 390 000	13 341 000	8 204 000
Cost of Goods Sold	7 803 000	6 088 000	7 247 000	2 943 000
Salary Costs	6 373 000	5 812 000	3 346 000	2 587 000
Depreciation	40 000	39 000	20 000	28 000
Impairment	0	0	0	0
Expenditure	18 232 000	15 009 000	12 361 000	7 578 000
Operating Profit	1 038 000	1 652 000	981 000	625 000
Financial Income	75 000	412 000	396 000	25 000
Financial Costs	426 000	28 000	32 000	43 000
Financial Balance	−351 000	384 000	364 000	−18 000
Dividends	0	0	0	0
Net Income	528 000	1 590 000	1 051 000	471 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	3 000	0	0
Real Eastate	0	17 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	76 000	95 000	84 000	42 000
Total Tangible Assets	76 000	112 000	84 000	42 000
Total Fiancial Fixed Assets	101 000	193 000	193 000	139 000
Total Fixed Assets	178 000	307 000	276 000	181 000
Stock	726 000	991 000	720 000	588 000
Total Investments	0	0	0	0
Cash, Bank	4 128 000	5 321 000	2 911 000	1 705 000
Total Current Assets	11 280 000	9 924 000	8 928 000	3 761 000
Total Assets	11 457 000	10 232 000	9 204 000	3 942 000
Total Equity	5 676 000	5 148 000	3 558 000	2 507 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 767 000	2 056 000	3 922 000	618 000
Unpaid Taxes	1 628 000	1 632 000	1 006 000	430 000
Dividends	0	0	0	0
Other Current Debt	1 231 000	947 000	425 000	250 000
Total Current Debt	5 782 000	5 084 000	5 646 000	1 435 000
Total Equity and Debt	11 457 000	10 232 000	9 204 000	3 942 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,3 %	30,89 %	29,54 %	18,79 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,39 %	10,08 %	7,35 %	7,62 %
Current Ratio	1,95	1,95	1,58	2,62
Quick Ratio	2,23	2,42	1,81	4,44
Equity Ratio	0,5	0,5	0,39	0,64
Gross Profit Margin	59,51 %	62,86 %	45,68 %	64,13 %