APF 4 Projekt Nr. 5B GmbH

APF 4 Projekt Nr. 5B GmbH, based in Gruenwald, undertakes the direct and indirect acquisition, operation, leasing and exploitation of movables and manages its own assets. A single aircraft is shown under fixed assets; the purchase price was TUSD 49,000 and the aircraft is carried in the balance sheet at EUR 29,901,614.00 as of 30.09.2024; the USD portion was converted at the forward exchange rate 1 EUR = 1.1474 USD. The company generated sales revenues of EUR 4,238,179.40 and other operating income of EUR 635,671.43 and reported a net profit of EUR 31,802.21. At the same time it reports a non‑equity-covered deficit of EUR 5,217,982.18; liabilities to shareholders amount to EUR 22,468,103.84 and liabilities to credit institutions to EUR 13,953,666.97. The company is a small company under § 267 (1) HGB and is therefore not required to publish a profit-and-loss statement.