AVANSE INVEST AS

0166 OSLO

Finances

Share Ownership

Return on Equity

2,97 %

Current Ratio

1,35

Debt-to-Equity Ratio

2,67

Key figures (NOK)	2022	2021	2020	2019
Revenue	22 434 000	20 985 000	19 657 000	20 800 000
Net Income	14 000	−361 000	−519 000	270 000
Total Assets	3 219 000	3 595 000	4 586 000	4 658 000
Total Equity	472 000	457 000	818 000	1 337 000

Income (NOK)	2022	2021	2020	2019
Revenue	22 434 000	20 985 000	19 657 000	20 800 000
Expenditure	22 337 000	21 365 000	20 222 000	20 390 000
Operating Profit	97 000	−381 000	−565 000	410 000
Financial Income	0	0	0	0
Financial Costs	78 000	81 000	99 000	65 000
Financial Balance	−78 000	−81 000	−99 000	−65 000
Earnings Before Tax	20 000	−462 000	−664 000	346 000
Tax	5 000	−101 000	−146 000	76 000
Net Income	14 000	−361 000	−519 000	270 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 206 000	1 635 000	1 981 000	2 502 000
Total Current Assets	2 012 000	1 960 000	2 604 000	2 156 000
Total Assets	3 219 000	3 595 000	4 586 000	4 658 000
Total Retained Equity	365 000	350 000	711 000	1 230 000
Total Equity	472 000	457 000	818 000	1 337 000
Total Long-Term Debt	1 259 000	1 952 000	2 638 000	1 955 000
Total Current Debt	1 488 000	1 186 000	1 129 000	1 367 000
Total Equity and Debt	3 219 000	3 595 000	4 586 000	4 658 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	22 387 000	20 948 000	19 516 000	20 720 000
Other Income	46 000	37 000	141 000	80 000
Revenue	22 434 000	20 985 000	19 657 000	20 800 000
Cost of Goods Sold	14 548 000	13 710 000	12 944 000	13 894 000
Salary Costs	3 966 000	3 741 000	3 767 000	3 579 000
Depreciation	461 000	615 000	607 000	525 000
Impairment	0	0	0	0
Expenditure	22 337 000	21 365 000	20 222 000	20 390 000
Operating Profit	97 000	−381 000	−565 000	410 000
Financial Income	0	0	0	0
Financial Costs	78 000	81 000	99 000	65 000
Financial Balance	−78 000	−81 000	−99 000	−65 000
Dividends	0	0	0	0
Net Income	14 000	−361 000	−519 000	270 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	134 000	139 000	38 000	5 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 073 000	1 496 000	1 912 000	2 426 000
Total Tangible Assets	1 073 000	1 496 000	1 912 000	2 426 000
Total Fiancial Fixed Assets	0	0	32 000	71 000
Total Fixed Assets	1 206 000	1 635 000	1 981 000	2 502 000
Stock	660 000	659 000	658 000	766 000
Total Investments	0	0	0	0
Cash, Bank	635 000	460 000	1 203 000	601 000
Total Current Assets	2 012 000	1 960 000	2 604 000	2 156 000
Total Assets	3 219 000	3 595 000	4 586 000	4 658 000
Total Equity	472 000	457 000	818 000	1 337 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 259 000	1 952 000	2 638 000	1 955 000
Creditors	700 000	469 000	414 000	517 000
Unpaid Taxes	437 000	421 000	396 000	486 000
Dividends	0	0	0	0
Other Current Debt	350 000	296 000	320 000	306 000
Total Current Debt	1 488 000	1 186 000	1 129 000	1 367 000
Total Equity and Debt	3 219 000	3 595 000	4 586 000	4 658 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,97 %	−78,99 %	−63,45 %	20,19 %
Debt-to-Equity Ratio	2,67	4,27	3,22	1,46
Operating Profit Margin	0,43 %	−1,82 %	−2,87 %	1,97 %
Current Ratio	1,35	1,65	2,31	1,58
Quick Ratio	2,43	3,72	5,53	3,59
Equity Ratio	0,15	0,13	0,18	0,29
Gross Profit Margin	35,15 %	34,67 %	34,15 %	33,2 %