AEROSERVICE AS

2860 HOV

Finances

Share Ownership

Return on Equity

8,53 %

Current Ratio

2,42

Debt-to-Equity Ratio

4,71

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 974 000	21 492 000	27 326 000	13 039 000
Net Income	336 000	5 907 000	4 594 000	1 012 000
Total Assets	35 366 000	42 478 000	33 289 000	28 503 000
Total Equity	3 937 000	3 600 000	3 836 000	2 966 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 974 000	21 492 000	27 326 000	13 039 000
Expenditure	5 565 000	12 802 000	20 089 000	10 614 000
Operating Profit	1 408 000	8 690 000	7 237 000	2 425 000
Financial Income	82 000	91 000	285 000	131 000
Financial Costs	1 059 000	1 207 000	1 632 000	1 250 000
Financial Balance	−977 000	−1 116 000	−1 347 000	−1 119 000
Earnings Before Tax	432 000	7 574 000	5 890 000	1 307 000
Tax	96 000	1 668 000	1 296 000	294 000
Net Income	336 000	5 907 000	4 594 000	1 012 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 160 000	11 806 000	2 489 000	2 261 000
Total Current Assets	31 207 000	30 672 000	30 799 000	26 242 000
Total Assets	35 366 000	42 478 000	33 289 000	28 503 000
Total Retained Equity	1 151 000	814 000	1 050 000	180 000
Total Equity	3 937 000	3 600 000	3 836 000	2 966 000
Total Long-Term Debt	18 561 000	16 639 000	14 764 000	13 060 000
Total Current Debt	12 869 000	22 238 000	14 688 000	12 477 000
Total Equity and Debt	35 366 000	42 478 000	33 289 000	28 503 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 974 000	19 929 000	27 247 000	13 458 000
Other Income	0	1 562 000	79 000	−419 000
Revenue	6 974 000	21 492 000	27 326 000	13 039 000
Cost of Goods Sold	1 725 000	9 093 000	13 996 000	4 538 000
Salary Costs	1 039 000	601 000	2 708 000	2 710 000
Depreciation	115 000	133 000	171 000	368 000
Impairment	0	0	0	0
Expenditure	5 565 000	12 802 000	20 089 000	10 614 000
Operating Profit	1 408 000	8 690 000	7 237 000	2 425 000
Financial Income	82 000	91 000	285 000	131 000
Financial Costs	1 059 000	1 207 000	1 632 000	1 250 000
Financial Balance	−977 000	−1 116 000	−1 347 000	−1 119 000
Dividends	0	0	0	0
Net Income	336 000	5 907 000	4 594 000	1 012 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	186 000	189 000	124 000	168 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	100 000	189 000	282 000	414 000
Fixtures	49 000	55 000	45 000	54 000
Total Tangible Assets	149 000	243 000	327 000	468 000
Total Fiancial Fixed Assets	3 825 000	11 374 000	2 038 000	1 625 000
Total Fixed Assets	4 160 000	11 806 000	2 489 000	2 261 000
Stock	20 689 000	18 189 000	22 000 000	20 457 000
Total Investments	0	0	0	0
Cash, Bank	208 000	809 000	3 385 000	613 000
Total Current Assets	31 207 000	30 672 000	30 799 000	26 242 000
Total Assets	35 366 000	42 478 000	33 289 000	28 503 000
Total Equity	3 937 000	3 600 000	3 836 000	2 966 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	18 561 000	16 639 000	14 764 000	13 060 000
Creditors	5 891 000	4 098 000	1 378 000	1 226 000
Unpaid Taxes	29 000	504 000	284 000	206 000
Dividends	0	0	0	0
Other Current Debt	2 300 000	12 977 000	6 010 000	2 733 000
Total Current Debt	12 869 000	22 238 000	14 688 000	12 477 000
Total Equity and Debt	35 366 000	42 478 000	33 289 000	28 503 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,53 %	164,08 %	119,76 %	34,12 %
Debt-to-Equity Ratio	4,71	4,62	3,85	4,4
Operating Profit Margin	20,19 %	40,43 %	26,48 %	18,6 %
Current Ratio	2,42	1,38	2,1	2,1
Quick Ratio	−3,99	7,58	−4,21	−3,29
Equity Ratio	0,11	0,08	0,12	0,1
Gross Profit Margin	75,27 %	57,69 %	48,78 %	65,2 %