AVELA HOLDING AS

6067 ULSTEINVIK

Finances

Return on Equity

0,86 %

Current Ratio

0,51

Debt-to-Equity Ratio

0,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	282 000	282 000	323 000	282 000
Net Income	17 000	64 000	110 000	68 000
Total Assets	3 039 000	3 464 000	3 746 000	3 677 000
Total Equity	1 983 000	2 566 000	2 701 000	2 842 000

Income (NOK)	2022	2021	2020	2019
Revenue	282 000	282 000	323 000	282 000
Expenditure	222 000	167 000	149 000	162 000
Operating Profit	60 000	115 000	174 000	120 000
Financial Income	0	0	0	0
Financial Costs	28 000	25 000	27 000	32 000
Financial Balance	−28 000	−25 000	−27 000	−32 000
Earnings Before Tax	33 000	90 000	147 000	88 000
Tax	16 000	26 000	37 000	20 000
Net Income	17 000	64 000	110 000	68 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 717 000	2 903 000	3 328 000	3 301 000
Total Current Assets	322 000	561 000	418 000	377 000
Total Assets	3 039 000	3 464 000	3 746 000	3 677 000
Total Retained Equity	1 883 000	2 466 000	2 601 000	2 742 000
Total Equity	1 983 000	2 566 000	2 701 000	2 842 000
Total Long-Term Debt	425 000	510 000	594 000	526 000
Total Current Debt	631 000	388 000	451 000	310 000
Total Equity and Debt	3 039 000	3 464 000	3 746 000	3 677 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	41 000	0
Other Income	282 000	282 000	282 000	282 000
Revenue	282 000	282 000	323 000	282 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	78 000	78 000	78 000	78 000
Impairment	0	0	0	0
Expenditure	222 000	167 000	149 000	162 000
Operating Profit	60 000	115 000	174 000	120 000
Financial Income	0	0	0	0
Financial Costs	28 000	25 000	27 000	32 000
Financial Balance	−28 000	−25 000	−27 000	−32 000
Dividends	600 000	200 000	250 000	140 000
Net Income	17 000	64 000	110 000	68 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 314 000	2 390 000	2 465 000	2 382 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	10 000	13 000	9 000
Total Tangible Assets	2 314 000	2 400 000	2 478 000	2 391 000
Total Fiancial Fixed Assets	403 000	503 000	851 000	909 000
Total Fixed Assets	2 717 000	2 903 000	3 328 000	3 301 000
Stock	0	0	0	0
Total Investments	30 000	30 000	30 000	30 000
Cash, Bank	292 000	531 000	334 000	347 000
Total Current Assets	322 000	561 000	418 000	377 000
Total Assets	3 039 000	3 464 000	3 746 000	3 677 000
Total Equity	1 983 000	2 566 000	2 701 000	2 842 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	425 000	510 000	594 000	526 000
Creditors	0	3 000	0	5 000
Unpaid Taxes	11 000	10 000	14 000	10 000
Dividends	600 000	200 000	250 000	140 000
Other Current Debt	5 000	150 000	150 000	135 000
Total Current Debt	631 000	388 000	451 000	310 000
Total Equity and Debt	3 039 000	3 464 000	3 746 000	3 677 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,86 %	2,49 %	4,07 %	2,39 %
Debt-to-Equity Ratio	0,21	0,2	0,22	0,19
Operating Profit Margin	21,28 %	40,78 %	53,87 %	42,55 %
Current Ratio	0,51	1,45	0,93	1,22
Quick Ratio	0,51	1,45	0,93	1,22
Equity Ratio	0,65	0,74	0,72	0,77
Gross Profit Margin	100 %	100 %	100 %	100 %