AV NORWAY AS

4370 EGERSUND

Finances

Share Ownership

Return on Equity

352,27 %

Current Ratio

0,75

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 348 000	3 519 000	1 683 000	0
Net Income	−155 000	−523 000	−366 000	0
Total Assets	1 322 000	1 366 000	1 008 000	1 008 000
Total Equity	−44 000	110 000	634 000	1 000 000

Income (NOK)	2022	2021	2020
Revenue	4 348 000	3 519 000	1 683 000
Expenditure	4 560 000	4 449 000	2 362 000
Operating Profit	−144 000	−648 000	−457 000
Financial Income	8 000	2 000	2 000
Financial Costs	63 000	24 000	12 000
Financial Balance	−55 000	−22 000	−10 000
Earnings Before Tax	−198 000	−670 000	−467 000
Tax	−43 000	−147 000	−101 000
Net Income	−155 000	−523 000	−366 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	291 000	247 000	101 000	0
Total Current Assets	1 031 000	1 118 000	907 000	1 008 000
Total Assets	1 322 000	1 366 000	1 008 000	1 008 000
Total Retained Equity	−1 044 000	−890 000	−366 000	0
Total Equity	−44 000	110 000	634 000	1 000 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 366 000	1 255 000	374 000	8 000
Total Equity and Debt	1 322 000	1 366 000	1 008 000	1 008 000

Cash flow (NOK)	2022	2021	2020
Sales Income	4 348 000	3 519 000	1 624 000
Other Income	0	0	59 000
Revenue	4 348 000	3 519 000	1 683 000
Cost of Goods Sold	2 701 000	2 480 000	1 342 000
Salary Costs	1 194 000	1 486 000	596 000
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	4 560 000	4 449 000	2 362 000
Operating Profit	−144 000	−648 000	−457 000
Financial Income	8 000	2 000	2 000
Financial Costs	63 000	24 000	12 000
Financial Balance	−55 000	−22 000	−10 000
Dividends	0	0	0
Net Income	−155 000	−523 000	−366 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	291 000	247 000	101 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	291 000	247 000	101 000	0
Stock	607 000	539 000	221 000	0
Total Investments	0	0	0	0
Cash, Bank	57 000	88 000	−66 000	1 008 000
Total Current Assets	1 031 000	1 118 000	907 000	1 008 000
Total Assets	1 322 000	1 366 000	1 008 000	1 008 000
Total Equity	−44 000	110 000	634 000	1 000 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	161 000	331 000	145 000	0
Unpaid Taxes	243 000	220 000	167 000	0
Dividends	0	0	0	0
Other Current Debt	137 000	158 000	62 000	8 000
Total Current Debt	1 366 000	1 255 000	374 000	8 000
Total Equity and Debt	1 322 000	1 366 000	1 008 000	1 008 000

Financial indicators	2022	2021	2020	2019
Return on Equity	352,27 %	−475,45 %	−57,73 %	0 %
Debt-to-Equity Ratio	−0	0	0	0
Operating Profit Margin	−3,31 %	−18,41 %	−27,15 %	-
Current Ratio	0,75	0,89	2,43	126
Quick Ratio	1,36	1,56	5,93	126
Equity Ratio	−0,03	0,08	0,63	0,99
Gross Profit Margin	37,88 %	29,53 %	20,26 %	-