AVANTIO AS

0489 OSLO

Finances

Return on Equity

32,3 %

Current Ratio

2,87

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 265 000	491 000	385 000	0
Net Income	135 000	250 000	17 000	−11 000
Total Assets	624 000	439 000	114 000	29 000
Total Equity	418 000	283 000	34 000	17 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 265 000	491 000	385 000	0
Expenditure	1 111 000	228 000	363 000	5 000
Operating Profit	155 000	263 000	22 000	−5 000
Financial Income	45 000	0	0	0
Financial Costs	32 000	1 000	5 000	7 000
Financial Balance	13 000	−1 000	−5 000	−7 000
Earnings Before Tax	169 000	263 000	17 000	−11 000
Tax	34 000	13 000	0	0
Net Income	135 000	250 000	17 000	−11 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	33 000	33 000	30 000	0
Total Current Assets	591 000	406 000	84 000	29 000
Total Assets	624 000	439 000	114 000	29 000
Total Retained Equity	388 000	253 000	4 000	−13 000
Total Equity	418 000	283 000	34 000	17 000
Total Long-Term Debt	0	0	0	12 000
Total Current Debt	206 000	156 000	81 000	0
Total Equity and Debt	624 000	439 000	114 000	29 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 265 000	489 000	385 000	0
Other Income	0	2 000	0	0
Revenue	1 265 000	491 000	385 000	0
Cost of Goods Sold	38 000	0	25 000	5 000
Salary Costs	968 000	158 000	308 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 111 000	228 000	363 000	5 000
Operating Profit	155 000	263 000	22 000	−5 000
Financial Income	45 000	0	0	0
Financial Costs	32 000	1 000	5 000	7 000
Financial Balance	13 000	−1 000	−5 000	−7 000
Dividends	0	0	0	0
Net Income	135 000	250 000	17 000	−11 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	33 000	33 000	30 000	0
Total Fixed Assets	33 000	33 000	30 000	0
Stock	0	0	0	0
Total Investments	112 000	8 000	9 000	14 000
Cash, Bank	271 000	386 000	75 000	15 000
Total Current Assets	591 000	406 000	84 000	29 000
Total Assets	624 000	439 000	114 000	29 000
Total Equity	418 000	283 000	34 000	17 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	12 000
Creditors	0	3 000	0	0
Unpaid Taxes	59 000	58 000	2 000	0
Dividends	0	0	0	0
Other Current Debt	113 000	82 000	75 000	0
Total Current Debt	206 000	156 000	81 000	0
Total Equity and Debt	624 000	439 000	114 000	29 000

Financial indicators	2022	2021	2020	2019
Return on Equity	32,3 %	88,34 %	50 %	−64,71 %
Debt-to-Equity Ratio	0	0	0	0,71
Operating Profit Margin	12,25 %	53,56 %	5,71 %	-
Current Ratio	2,87	2,6	1,04	-
Quick Ratio	2,87	2,6	1,04	-
Equity Ratio	0,67	0,64	0,3	0,59
Gross Profit Margin	97 %	100 %	93,51 %	-