AVANT MANAGEMENT AS

7052 TRONDHEIM

Finances

Return on Equity

−0,93 %

Current Ratio

11,44

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	101 000	761 000	53 000	138 000
Net Income	−58 000	611 000	1 000	6 837 000
Total Assets	6 861 000	6 948 000	6 285 000	7 094 000
Total Equity	6 266 000	6 824 000	6 273 000	6 272 000

Income (NOK)	2022	2021	2020	2019
Revenue	101 000	761 000	53 000	138 000
Expenditure	164 000	163 000	55 000	87 000
Operating Profit	−63 000	599 000	−2 000	51 000
Financial Income	5 000	31 000	9 000	6 809 000
Financial Costs	0	0	1 000	1 000
Financial Balance	5 000	31 000	8 000	6 808 000
Earnings Before Tax	−58 000	629 000	6 000	6 859 000
Tax	0	18 000	6 000	22 000
Net Income	−58 000	611 000	1 000	6 837 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	53 000	51 000	2 042 000	1 541 000
Total Current Assets	6 808 000	6 897 000	4 243 000	5 553 000
Total Assets	6 861 000	6 948 000	6 285 000	7 094 000
Total Retained Equity	6 166 000	6 724 000	6 173 000	6 172 000
Total Equity	6 266 000	6 824 000	6 273 000	6 272 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	595 000	124 000	12 000	821 000
Total Equity and Debt	6 861 000	6 948 000	6 285 000	7 094 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 000	215 000	53 000	138 000
Other Income	91 000	547 000	0	0
Revenue	101 000	761 000	53 000	138 000
Cost of Goods Sold	0	0	20 000	24 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	164 000	163 000	55 000	87 000
Operating Profit	−63 000	599 000	−2 000	51 000
Financial Income	5 000	31 000	9 000	6 809 000
Financial Costs	0	0	1 000	1 000
Financial Balance	5 000	31 000	8 000	6 808 000
Dividends	500 000	60 000	0	700 000
Net Income	−58 000	611 000	1 000	6 837 000

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	26 000	26 000	26 000	0
Total Tangible Assets	26 000	26 000	26 000	0
Total Fiancial Fixed Assets	27 000	25 000	2 016 000	1 541 000
Total Fixed Assets	53 000	51 000	2 042 000	1 541 000
Stock	0	0	0	0
Total Investments	6 024 000	5 837 000	0	0
Cash, Bank	771 000	950 000	4 240 000	5 553 000
Total Current Assets	6 808 000	6 897 000	4 243 000	5 553 000
Total Assets	6 861 000	6 948 000	6 285 000	7 094 000
Total Equity	6 266 000	6 824 000	6 273 000	6 272 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	36 000	10 000	0	0
Unpaid Taxes	7 000	26 000	7 000	27 000
Dividends	500 000	60 000	0	700 000
Other Current Debt	53 000	10 000	0	772 000
Total Current Debt	595 000	124 000	12 000	821 000
Total Equity and Debt	6 861 000	6 948 000	6 285 000	7 094 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,93 %	8,95 %	0,02 %	109,01 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−62,38 %	78,71 %	−3,77 %	36,96 %
Current Ratio	11,44	55,62	353,58	6,76
Quick Ratio	11,44	55,62	353,58	6,76
Equity Ratio	0,91	0,98	1	0,88
Gross Profit Margin	100 %	100 %	62,26 %	82,61 %