AVA SYSTEMS AS

1414 TROLLÅSEN

Finances

Share Ownership

Return on Equity

45,07 %

Current Ratio

1,53

Debt-to-Equity Ratio

−2,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 791 000	2 709 000	6 335 000	11 456 000
Net Income	−279 000	−229 000	1 526 000	−996 000
Total Assets	1 794 000	1 894 000	4 781 000	2 922 000
Total Equity	−619 000	−341 000	−112 000	−1 638 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 791 000	2 709 000	6 335 000	11 456 000
Expenditure	4 068 000	2 874 000	4 705 000	12 206 000
Operating Profit	−277 000	−164 000	1 630 000	−750 000
Financial Income	21 000	6 000	12 000	7 000
Financial Costs	23 000	71 000	116 000	253 000
Financial Balance	−2 000	−65 000	−104 000	−246 000
Earnings Before Tax	−279 000	−229 000	1 526 000	−996 000
Tax	0	0	0	0
Net Income	−279 000	−229 000	1 526 000	−996 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	259 000	525 000	850 000	1 135 000
Total Current Assets	1 536 000	1 368 000	3 931 000	1 787 000
Total Assets	1 794 000	1 894 000	4 781 000	2 922 000
Total Retained Equity	−2 019 000	−1 741 000	−1 512 000	−3 038 000
Total Equity	−619 000	−341 000	−112 000	−1 638 000
Total Long-Term Debt	1 412 000	1 412 000	3 997 000	3 721 000
Total Current Debt	1 002 000	822 000	895 000	839 000
Total Equity and Debt	1 794 000	1 894 000	4 781 000	2 922 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 791 000	2 703 000	6 335 000	11 413 000
Other Income	0	6 000	0	43 000
Revenue	3 791 000	2 709 000	6 335 000	11 456 000
Cost of Goods Sold	1 006 000	621 000	1 146 000	8 034 000
Salary Costs	2 182 000	1 493 000	2 494 000	3 069 000
Depreciation	301 000	271 000	286 000	277 000
Impairment	0	0	0	0
Expenditure	4 068 000	2 874 000	4 705 000	12 206 000
Operating Profit	−277 000	−164 000	1 630 000	−750 000
Financial Income	21 000	6 000	12 000	7 000
Financial Costs	23 000	71 000	116 000	253 000
Financial Balance	−2 000	−65 000	−104 000	−246 000
Dividends	0	0	0	0
Net Income	−279 000	−229 000	1 526 000	−996 000

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	259 000	525 000	850 000	1 135 000
Total Tangible Assets	259 000	525 000	850 000	1 135 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	259 000	525 000	850 000	1 135 000
Stock	372 000	208 000	320 000	339 000
Total Investments	0	0	0	0
Cash, Bank	311 000	782 000	856 000	664 000
Total Current Assets	1 536 000	1 368 000	3 931 000	1 787 000
Total Assets	1 794 000	1 894 000	4 781 000	2 922 000
Total Equity	−619 000	−341 000	−112 000	−1 638 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 412 000	1 412 000	3 997 000	3 721 000
Creditors	81 000	186 000	89 000	133 000
Unpaid Taxes	410 000	160 000	250 000	289 000
Dividends	0	0	0	0
Other Current Debt	511 000	477 000	556 000	418 000
Total Current Debt	1 002 000	822 000	895 000	839 000
Total Equity and Debt	1 794 000	1 894 000	4 781 000	2 922 000

Financial indicators	2022	2021	2020	2019
Return on Equity	45,07 %	67,16 %	−1 362,5 %	60,81 %
Debt-to-Equity Ratio	−2,28	−4,14	−35,69	−2,27
Operating Profit Margin	−7,31 %	−6,05 %	25,73 %	−6,55 %
Current Ratio	1,53	1,66	4,39	2,13
Quick Ratio	2,44	2,23	6,84	3,57
Equity Ratio	−0,35	−0,18	−0,02	−0,56
Gross Profit Margin	73,46 %	77,08 %	81,91 %	29,87 %