AVEE AS

1353 BÆRUMS VERK

Finances

Share Ownership

Return on Equity

−59,17 %

Current Ratio

1,46

Debt-to-Equity Ratio

−1,44

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 723 000	2 399 000	2 046 000	2 656 000
Net Income	242 000	−146 000	297 000	219 000
Total Assets	493 000	337 000	510 000	610 000
Total Equity	−409 000	−651 000	−506 000	−803 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 723 000	2 399 000	2 046 000	2 656 000
Expenditure	2 438 000	2 486 000	1 686 000	2 368 000
Operating Profit	285 000	−86 000	361 000	288 000
Financial Income	18 000	2 000	3 000	19 000
Financial Costs	61 000	62 000	67 000	88 000
Financial Balance	−43 000	−60 000	−64 000	−69 000
Earnings Before Tax	242 000	−146 000	297 000	219 000
Tax	0	0	0	0
Net Income	242 000	−146 000	297 000	219 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	36 000	56 000	76 000	69 000
Total Current Assets	457 000	281 000	434 000	540 000
Total Assets	493 000	337 000	510 000	610 000
Total Retained Equity	−439 000	−681 000	−536 000	−833 000
Total Equity	−409 000	−651 000	−506 000	−803 000
Total Long-Term Debt	590 000	700 000	850 000	1 028 000
Total Current Debt	312 000	289 000	165 000	384 000
Total Equity and Debt	493 000	337 000	510 000	610 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 723 000	2 399 000	2 046 000	2 656 000
Other Income	0	0	0	0
Revenue	2 723 000	2 399 000	2 046 000	2 656 000
Cost of Goods Sold	614 000	908 000	762 000	1 073 000
Salary Costs	610 000	579 000	185 000	3 000
Depreciation	20 000	20 000	16 000	94 000
Impairment	0	0	0	0
Expenditure	2 438 000	2 486 000	1 686 000	2 368 000
Operating Profit	285 000	−86 000	361 000	288 000
Financial Income	18 000	2 000	3 000	19 000
Financial Costs	61 000	62 000	67 000	88 000
Financial Balance	−43 000	−60 000	−64 000	−69 000
Dividends	0	0	0	0
Net Income	242 000	−146 000	297 000	219 000

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	36 000	56 000	76 000	69 000
Total Tangible Assets	36 000	56 000	76 000	69 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	36 000	56 000	76 000	69 000
Stock	94 000	26 000	21 000	184 000
Total Investments	0	0	0	0
Cash, Bank	318 000	241 000	413 000	296 000
Total Current Assets	457 000	281 000	434 000	540 000
Total Assets	493 000	337 000	510 000	610 000
Total Equity	−409 000	−651 000	−506 000	−803 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	590 000	700 000	850 000	1 028 000
Creditors	208 000	199 000	153 000	318 000
Unpaid Taxes	48 000	36 000	1 000	0
Dividends	0	0	0	0
Other Current Debt	55 000	53 000	11 000	66 000
Total Current Debt	312 000	289 000	165 000	384 000
Total Equity and Debt	493 000	337 000	510 000	610 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−59,17 %	22,43 %	−58,7 %	−27,27 %
Debt-to-Equity Ratio	−1,44	−1,08	−1,68	−1,28
Operating Profit Margin	10,47 %	−3,58 %	17,64 %	10,84 %
Current Ratio	1,46	0,97	2,63	1,41
Quick Ratio	2,1	1,07	3,01	2,7
Equity Ratio	−0,83	−1,93	−0,99	−1,32
Gross Profit Margin	77,45 %	62,15 %	62,76 %	59,6 %