AVITA INNOVATION AS

3128 NØTTERØY

Finances

Share Ownership

Return on Equity

21,94 %

Current Ratio

3,25

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	306 000	49 000	338 000	208 000
Net Income	167 000	−12 000	214 000	149 000
Total Assets	1 096 000	872 000	914 000	712 000
Total Equity	761 000	594 000	605 000	391 000

Income (NOK)	2022	2021	2020	2019
Revenue	306 000	49 000	338 000	208 000
Expenditure	97 000	61 000	119 000	55 000
Operating Profit	209 000	−12 000	218 000	153 000
Financial Income	4 000	0	1 000	1 000
Financial Costs	5 000	0	5 000	6 000
Financial Balance	−1 000	0	−4 000	−5 000
Earnings Before Tax	208 000	−12 000	214 000	149 000
Tax	41 000	0	0	0
Net Income	167 000	−12 000	214 000	149 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 000	23 000	0	0
Total Current Assets	1 088 000	849 000	914 000	712 000
Total Assets	1 096 000	872 000	914 000	712 000
Total Retained Equity	731 000	564 000	575 000	361 000
Total Equity	761 000	594 000	605 000	391 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	335 000	278 000	309 000	320 000
Total Equity and Debt	1 096 000	872 000	914 000	712 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	306 000	49 000	338 000	208 000
Other Income	0	0	0	0
Revenue	306 000	49 000	338 000	208 000
Cost of Goods Sold	0	0	0	0
Salary Costs	6 000	7 000	2 000	0
Depreciation	19 000	13 000	0	8 000
Impairment	0	0	0	0
Expenditure	97 000	61 000	119 000	55 000
Operating Profit	209 000	−12 000	218 000	153 000
Financial Income	4 000	0	1 000	1 000
Financial Costs	5 000	0	5 000	6 000
Financial Balance	−1 000	0	−4 000	−5 000
Dividends	0	0	0	0
Net Income	167 000	−12 000	214 000	149 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	4 000	23 000	0	0
Total Tangible Assets	4 000	23 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	8 000	23 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 014 000	807 000	914 000	636 000
Total Current Assets	1 088 000	849 000	914 000	712 000
Total Assets	1 096 000	872 000	914 000	712 000
Total Equity	761 000	594 000	605 000	391 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 000	0	0	0
Unpaid Taxes	13 000	6 000	11 000	14 000
Dividends	0	0	0	0
Other Current Debt	275 000	272 000	98 000	107 000
Total Current Debt	335 000	278 000	309 000	320 000
Total Equity and Debt	1 096 000	872 000	914 000	712 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,94 %	−2,02 %	35,37 %	38,11 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	68,3 %	−24,49 %	64,5 %	73,56 %
Current Ratio	3,25	3,05	2,96	2,23
Quick Ratio	3,25	3,05	2,96	2,23
Equity Ratio	0,69	0,68	0,66	0,55
Gross Profit Margin	100 %	100 %	100 %	100 %