AVICONS NORD AS

8255 RØKLAND

Finances

Share Ownership

Return on Equity

21,65 %

Current Ratio

1,83

Debt-to-Equity Ratio

0,82

Key figures (NOK)	2022	2021	2020
Revenue	2 942 000	2 119 000	342 000
Net Income	110 000	242 000	161 000
Total Assets	1 780 000	697 000	236 000
Total Equity	508 000	498 000	186 000

Income (NOK)	2022	2021	2020
Revenue	2 942 000	2 119 000	342 000
Expenditure	2 776 000	1 807 000	181 000
Operating Profit	165 000	312 000	161 000
Financial Income	0	1 000	0
Financial Costs	56 000	1 000	0
Financial Balance	−56 000	0	0
Earnings Before Tax	109 000	311 000	161 000
Tax	−1 000	68 000	0
Net Income	110 000	242 000	161 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	215 000	40 000	1 000
Total Current Assets	1 565 000	657 000	235 000
Total Assets	1 780 000	697 000	236 000
Total Retained Equity	208 000	404 000	161 000
Total Equity	508 000	498 000	186 000
Total Long-Term Debt	418 000	0	0
Total Current Debt	855 000	199 000	50 000
Total Equity and Debt	1 780 000	697 000	236 000

Cash flow (NOK)	2022	2021	2020
Sales Income	2 942 000	2 069 000	342 000
Other Income	0	50 000	0
Revenue	2 942 000	2 119 000	342 000
Cost of Goods Sold	1 350 000	1 001 000	176 000
Salary Costs	860 000	347 000	2 000
Depreciation	33 000	5 000	0
Impairment	0	0	0
Expenditure	2 776 000	1 807 000	181 000
Operating Profit	165 000	312 000	161 000
Financial Income	0	1 000	0
Financial Costs	56 000	1 000	0
Financial Balance	−56 000	0	0
Dividends	0	0	0
Net Income	110 000	242 000	161 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	1 000
Real Eastate	135 000	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	80 000	40 000	0
Total Tangible Assets	215 000	40 000	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	215 000	40 000	1 000
Stock	797 000	297 000	0
Total Investments	0	0	0
Cash, Bank	380 000	350 000	65 000
Total Current Assets	1 565 000	657 000	235 000
Total Assets	1 780 000	697 000	236 000
Total Equity	508 000	498 000	186 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	418 000	0	0
Creditors	103 000	63 000	0
Unpaid Taxes	387 000	53 000	50 000
Dividends	0	0	0
Other Current Debt	376 000	15 000	0
Total Current Debt	855 000	199 000	50 000
Total Equity and Debt	1 780 000	697 000	236 000

Financial indicators	2022	2021	2020
Return on Equity	21,65 %	48,59 %	86,56 %
Debt-to-Equity Ratio	0,82	0	0
Operating Profit Margin	5,61 %	14,72 %	47,08 %
Current Ratio	1,83	3,3	4,7
Quick Ratio	26,98	−6,7	4,7
Equity Ratio	0,29	0,71	0,79
Gross Profit Margin	54,11 %	52,76 %	48,54 %