AVRETTING AS

1624 GRESSVIK

Finances

Share Ownership

Return on Equity

129,25 %

Current Ratio

0,74

Debt-to-Equity Ratio

−0,43

Key figures (NOK)	2022	2021	2020	2019
Revenue	21 995 000	16 198 000	2 426 000	0
Net Income	−1 171 000	−4 170 000	−1 091 000	−15 000
Total Assets	4 433 000	9 195 000	4 129 000	45 000
Total Equity	−906 000	−2 735 000	133 000	15 000

Income (NOK)	2022	2021	2020	2019
Revenue	21 995 000	16 198 000	2 426 000	0
Expenditure	23 097 000	20 393 000	3 798 000	15 000
Operating Profit	−1 101 000	−4 196 000	−1 372 000	−15 000
Financial Income	1 000	0	0	0
Financial Costs	70 000	4 000	30 000	0
Financial Balance	−69 000	−4 000	−30 000	0
Earnings Before Tax	−1 171 000	−4 200 000	−1 402 000	−15 000
Tax	0	−30 000	−311 000	0
Net Income	−1 171 000	−4 170 000	−1 091 000	−15 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	786 000	1 015 000	1 114 000	0
Total Current Assets	3 646 000	8 180 000	3 015 000	45 000
Total Assets	4 433 000	9 195 000	4 129 000	45 000
Total Retained Equity	−3 936 000	−2 765 000	103 000	−15 000
Total Equity	−906 000	−2 735 000	133 000	15 000
Total Long-Term Debt	386 000	5 741 000	1 208 000	0
Total Current Debt	4 953 000	6 188 000	2 788 000	30 000
Total Equity and Debt	4 433 000	9 195 000	4 129 000	45 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	19 608 000	16 198 000	2 426 000	0
Other Income	2 387 000	0	0	0
Revenue	21 995 000	16 198 000	2 426 000	0
Cost of Goods Sold	14 043 000	13 156 000	2 427 000	0
Salary Costs	4 728 000	4 501 000	346 000	0
Depreciation	157 000	145 000	44 000	0
Impairment	0	0	0	0
Expenditure	23 097 000	20 393 000	3 798 000	15 000
Operating Profit	−1 101 000	−4 196 000	−1 372 000	−15 000
Financial Income	1 000	0	0	0
Financial Costs	70 000	4 000	30 000	0
Financial Balance	−69 000	−4 000	−30 000	0
Dividends	0	0	0	0
Net Income	−1 171 000	−4 170 000	−1 091 000	−15 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	392 000	549 000	593 000	0
Total Tangible Assets	392 000	549 000	593 000	0
Total Fiancial Fixed Assets	394 000	466 000	521 000	0
Total Fixed Assets	786 000	1 015 000	1 114 000	0
Stock	50 000	418 000	0	0
Total Investments	0	0	0	0
Cash, Bank	562 000	313 000	87 000	26 000
Total Current Assets	3 646 000	8 180 000	3 015 000	45 000
Total Assets	4 433 000	9 195 000	4 129 000	45 000
Total Equity	−906 000	−2 735 000	133 000	15 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	386 000	5 741 000	1 208 000	0
Creditors	3 871 000	5 253 000	1 419 000	0
Unpaid Taxes	686 000	285 000	107 000	0
Dividends	0	0	0	0
Other Current Debt	396 000	649 000	1 261 000	30 000
Total Current Debt	4 953 000	6 188 000	2 788 000	30 000
Total Equity and Debt	4 433 000	9 195 000	4 129 000	45 000

Financial indicators	2022	2021	2020	2019
Return on Equity	129,25 %	152,47 %	−820,3 %	−100 %
Debt-to-Equity Ratio	−0,43	−2,1	9,08	0
Operating Profit Margin	−5,01 %	−25,9 %	−56,55 %	-
Current Ratio	0,74	1,32	1,08	1,5
Quick Ratio	0,74	1,42	1,08	1,5
Equity Ratio	−0,2	−0,3	0,03	0,33
Gross Profit Margin	36,15 %	18,78 %	−0,04 %	-