AVANTI VELOCE AS

0281 OSLO

Finances

Return on Equity

−16,62 %

Current Ratio

1,33

Debt-to-Equity Ratio

0,67

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 426 000	1 268 000	1 074 000	1 253 000
Net Income	−56 000	318 000	4 000	18 000
Total Assets	884 000	860 000	501 000	651 000
Total Equity	337 000	392 000	74 000	71 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 426 000	1 268 000	1 074 000	1 253 000
Expenditure	1 497 000	1 221 000	1 069 000	1 230 000
Operating Profit	−71 000	47 000	5 000	23 000
Financial Income	0	281 000	0	0
Financial Costs	0	0	0	0
Financial Balance	0	281 000	0	0
Earnings Before Tax	−71 000	328 000	5 000	23 000
Tax	−16 000	10 000	1 000	5 000
Net Income	−56 000	318 000	4 000	18 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	456 000	−213 000	62 000	62 000
Total Current Assets	427 000	1 073 000	439 000	589 000
Total Assets	884 000	860 000	501 000	651 000
Total Retained Equity	307 000	362 000	44 000	41 000
Total Equity	337 000	392 000	74 000	71 000
Total Long-Term Debt	225 000	0	0	0
Total Current Debt	322 000	468 000	426 000	580 000
Total Equity and Debt	884 000	860 000	501 000	651 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 426 000	1 268 000	1 074 000	1 253 000
Other Income	0	0	0	0
Revenue	1 426 000	1 268 000	1 074 000	1 253 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 316 000	1 144 000	946 000	1 002 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 497 000	1 221 000	1 069 000	1 230 000
Operating Profit	−71 000	47 000	5 000	23 000
Financial Income	0	281 000	0	0
Financial Costs	0	0	0	0
Financial Balance	0	281 000	0	0
Dividends	0	0	0	0
Net Income	−56 000	318 000	4 000	18 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	16 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	79 000	0	0	0
Total Tangible Assets	79 000	0	0	0
Total Fiancial Fixed Assets	362 000	−213 000	62 000	62 000
Total Fixed Assets	456 000	−213 000	62 000	62 000
Stock	0	0	0	0
Total Investments	70 000	0	0	0
Cash, Bank	351 000	946 000	439 000	451 000
Total Current Assets	427 000	1 073 000	439 000	589 000
Total Assets	884 000	860 000	501 000	651 000
Total Equity	337 000	392 000	74 000	71 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	225 000	0	0	0
Creditors	17 000	1 000	0	0
Unpaid Taxes	183 000	123 000	83 000	138 000
Dividends	0	0	0	0
Other Current Debt	122 000	325 000	335 000	430 000
Total Current Debt	322 000	468 000	426 000	580 000
Total Equity and Debt	884 000	860 000	501 000	651 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−16,62 %	81,12 %	5,41 %	25,35 %
Debt-to-Equity Ratio	0,67	0	0	0
Operating Profit Margin	−4,98 %	3,71 %	0,47 %	1,84 %
Current Ratio	1,33	2,29	1,03	1,02
Quick Ratio	1,33	2,29	1,03	1,02
Equity Ratio	0,38	0,46	0,15	0,11
Gross Profit Margin	100 %	100 %	100 %	100 %