AVIAIR AS

6009 ÅLESUND

Finances

Share Ownership

Return on Equity

42,85 %

Current Ratio

1,29

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	64 803 000	55 996 000	61 658 000	19 656 000
Net Income	1 145 000	422 000	832 000	47 000
Total Assets	11 682 000	7 685 000	7 011 000	2 931 000
Total Equity	2 672 000	1 527 000	1 104 000	272 000

Income (NOK)	2022	2021	2020	2019
Revenue	64 803 000	55 996 000	61 658 000	19 656 000
Expenditure	63 339 000	55 454 000	60 574 000	19 596 000
Operating Profit	1 463 000	542 000	1 084 000	60 000
Financial Income	10 000	0	0	0
Financial Costs	3 000	0	0	0
Financial Balance	7 000	0	0	0
Earnings Before Tax	1 471 000	543 000	1 084 000	60 000
Tax	326 000	120 000	252 000	13 000
Net Income	1 145 000	422 000	832 000	47 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 000	0	0	111 000
Total Current Assets	11 666 000	7 685 000	7 011 000	2 820 000
Total Assets	11 682 000	7 685 000	7 011 000	2 931 000
Total Retained Equity	2 572 000	1 427 000	1 004 000	172 000
Total Equity	2 672 000	1 527 000	1 104 000	272 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	9 010 000	6 158 000	5 907 000	2 659 000
Total Equity and Debt	11 682 000	7 685 000	7 011 000	2 931 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	64 803 000	55 996 000	61 658 000	19 656 000
Other Income	0	0	0	0
Revenue	64 803 000	55 996 000	61 658 000	19 656 000
Cost of Goods Sold	61 712 000	54 056 000	59 330 000	18 963 000
Salary Costs	0	0	0	0
Depreciation	5 000	0	0	0
Impairment	0	0	0	0
Expenditure	63 339 000	55 454 000	60 574 000	19 596 000
Operating Profit	1 463 000	542 000	1 084 000	60 000
Financial Income	10 000	0	0	0
Financial Costs	3 000	0	0	0
Financial Balance	7 000	0	0	0
Dividends	0	0	0	0
Net Income	1 145 000	422 000	832 000	47 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	111 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	16 000	0	0	0
Total Tangible Assets	16 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	16 000	0	0	111 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 712 000	3 208 000	297 000	194 000
Total Current Assets	11 666 000	7 685 000	7 011 000	2 820 000
Total Assets	11 682 000	7 685 000	7 011 000	2 931 000
Total Equity	2 672 000	1 527 000	1 104 000	272 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	8 589 000	6 015 000	5 645 000	2 654 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	95 000	23 000	121 000	5 000
Total Current Debt	9 010 000	6 158 000	5 907 000	2 659 000
Total Equity and Debt	11 682 000	7 685 000	7 011 000	2 931 000

Financial indicators	2022	2021	2020	2019
Return on Equity	42,85 %	27,64 %	75,36 %	17,28 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,26 %	0,97 %	1,76 %	0,31 %
Current Ratio	1,29	1,25	1,19	1,06
Quick Ratio	1,29	1,25	1,19	1,06
Equity Ratio	0,23	0,2	0,16	0,09
Gross Profit Margin	4,77 %	3,46 %	3,78 %	3,53 %