AVEN AS

3089 HOLMESTRAND

Finances

Share Ownership

Return on Equity

60,37 %

Current Ratio

2,38

Debt-to-Equity Ratio

1,26

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 475 000	2 261 000	2 567 000	2 099 000
Net Income	2 218 000	−700 000	306 000	−764 000
Total Assets	8 933 000	6 768 000	6 852 000	7 404 000
Total Equity	3 674 000	1 456 000	1 376 000	1 070 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 475 000	2 261 000	2 567 000	2 099 000
Expenditure	2 448 000	3 011 000	1 998 000	2 678 000
Operating Profit	3 027 000	−750 000	569 000	−579 000
Financial Income	0	0	0	0
Financial Costs	183 000	147 000	176 000	180 000
Financial Balance	−183 000	−147 000	−176 000	−180 000
Earnings Before Tax	2 844 000	−897 000	393 000	−758 000
Tax	626 000	−197 000	87 000	6 000
Net Income	2 218 000	−700 000	306 000	−764 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 415 000	5 955 000	6 043 000	6 135 000
Total Current Assets	1 518 000	813 000	810 000	1 269 000
Total Assets	8 933 000	6 768 000	6 852 000	7 404 000
Total Retained Equity	3 316 000	1 098 000	1 018 000	712 000
Total Equity	3 674 000	1 456 000	1 376 000	1 070 000
Total Long-Term Debt	4 621 000	4 690 000	4 661 000	4 963 000
Total Current Debt	638 000	622 000	815 000	1 370 000
Total Equity and Debt	8 933 000	6 768 000	6 852 000	7 404 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 649 000	1 767 000	1 965 000	1 622 000
Other Income	3 826 000	494 000	602 000	477 000
Revenue	5 475 000	2 261 000	2 567 000	2 099 000
Cost of Goods Sold	467 000	346 000	354 000	724 000
Salary Costs	1 266 000	1 514 000	900 000	1 177 000
Depreciation	93 000	88 000	92 000	97 000
Impairment	0	0	0	0
Expenditure	2 448 000	3 011 000	1 998 000	2 678 000
Operating Profit	3 027 000	−750 000	569 000	−579 000
Financial Income	0	0	0	0
Financial Costs	183 000	147 000	176 000	180 000
Financial Balance	−183 000	−147 000	−176 000	−180 000
Dividends	0	0	0	0
Net Income	2 218 000	−700 000	306 000	−764 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 315 000	5 943 000	6 025 000	6 109 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	12 000	18 000	25 000
Total Tangible Assets	5 315 000	5 955 000	6 043 000	6 135 000
Total Fiancial Fixed Assets	2 100 000	0	0	0
Total Fixed Assets	7 415 000	5 955 000	6 043 000	6 135 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 193 000	260 000	497 000	185 000
Total Current Assets	1 518 000	813 000	810 000	1 269 000
Total Assets	8 933 000	6 768 000	6 852 000	7 404 000
Total Equity	3 674 000	1 456 000	1 376 000	1 070 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 621 000	4 690 000	4 661 000	4 963 000
Creditors	290 000	141 000	168 000	905 000
Unpaid Taxes	98 000	267 000	412 000	257 000
Dividends	0	0	0	0
Other Current Debt	127 000	151 000	97 000	124 000
Total Current Debt	638 000	622 000	815 000	1 370 000
Total Equity and Debt	8 933 000	6 768 000	6 852 000	7 404 000

Financial indicators	2022	2021	2020	2019
Return on Equity	60,37 %	−48,08 %	22,24 %	−71,4 %
Debt-to-Equity Ratio	1,26	3,22	3,39	4,64
Operating Profit Margin	55,29 %	−33,17 %	22,17 %	−27,58 %
Current Ratio	2,38	1,31	0,99	0,93
Quick Ratio	2,38	1,31	0,99	0,93
Equity Ratio	0,41	0,22	0,2	0,14
Gross Profit Margin	91,47 %	84,7 %	86,21 %	65,51 %