AVANS ENTREPRENØR AS

0975 OSLO

Finances

Share Ownership

Return on Equity

31,22 %

Current Ratio

1,29

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	59 867 000	34 779 000	67 122 000	31 067 000
Net Income	1 317 000	369 000	1 946 000	1 303 000
Total Assets	17 815 000	12 155 000	12 948 000	9 007 000
Total Equity	4 219 000	4 402 000	4 032 000	2 310 000

Income (NOK)	2022	2021	2020	2019
Revenue	59 867 000	34 779 000	67 122 000	31 067 000
Expenditure	58 447 000	34 360 000	64 035 000	29 458 000
Operating Profit	1 420 000	420 000	3 088 000	1 608 000
Financial Income	0	0	0	1 000
Financial Costs	42 000	50 000	32 000	29 000
Financial Balance	−42 000	−50 000	−32 000	−28 000
Earnings Before Tax	1 378 000	369 000	3 056 000	1 580 000
Tax	61 000	0	1 109 000	277 000
Net Income	1 317 000	369 000	1 946 000	1 303 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	639 000	423 000	349 000	439 000
Total Current Assets	17 176 000	11 731 000	12 599 000	8 569 000
Total Assets	17 815 000	12 155 000	12 948 000	9 007 000
Total Retained Equity	4 189 000	4 372 000	4 002 000	2 280 000
Total Equity	4 219 000	4 402 000	4 032 000	2 310 000
Total Long-Term Debt	265 000	382 000	327 000	515 000
Total Current Debt	13 331 000	7 371 000	8 589 000	6 182 000
Total Equity and Debt	17 815 000	12 155 000	12 948 000	9 007 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	58 600 000	35 381 000	69 481 000	28 377 000
Other Income	1 267 000	−601 000	−2 360 000	2 690 000
Revenue	59 867 000	34 779 000	67 122 000	31 067 000
Cost of Goods Sold	34 034 000	18 967 000	48 802 000	20 168 000
Salary Costs	20 069 000	12 312 000	11 847 000	7 546 000
Depreciation	129 000	75 000	135 000	135 000
Impairment	0	0	0	0
Expenditure	58 447 000	34 360 000	64 035 000	29 458 000
Operating Profit	1 420 000	420 000	3 088 000	1 608 000
Financial Income	0	0	0	1 000
Financial Costs	42 000	50 000	32 000	29 000
Financial Balance	−42 000	−50 000	−32 000	−28 000
Dividends	0	0	0	0
Net Income	1 317 000	369 000	1 946 000	1 303 000

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	439 000	409 000	290 000	424 000
Total Tangible Assets	439 000	409 000	290 000	424 000
Total Fiancial Fixed Assets	199 000	15 000	60 000	15 000
Total Fixed Assets	639 000	423 000	349 000	439 000
Stock	0	174 000	174 000	174 000
Total Investments	0	0	0	0
Cash, Bank	6 860 000	5 317 000	8 574 000	2 283 000
Total Current Assets	17 176 000	11 731 000	12 599 000	8 569 000
Total Assets	17 815 000	12 155 000	12 948 000	9 007 000
Total Equity	4 219 000	4 402 000	4 032 000	2 310 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	265 000	382 000	327 000	515 000
Creditors	7 891 000	3 449 000	2 542 000	3 593 000
Unpaid Taxes	1 829 000	1 574 000	1 426 000	621 000
Dividends	0	0	0	0
Other Current Debt	3 550 000	2 348 000	3 419 000	1 784 000
Total Current Debt	13 331 000	7 371 000	8 589 000	6 182 000
Total Equity and Debt	17 815 000	12 155 000	12 948 000	9 007 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,22 %	8,38 %	48,26 %	56,41 %
Debt-to-Equity Ratio	0,06	0,09	0,08	0,22
Operating Profit Margin	2,37 %	1,21 %	4,6 %	5,18 %
Current Ratio	1,29	1,59	1,47	1,39
Quick Ratio	1,29	1,63	1,5	1,43
Equity Ratio	0,24	0,36	0,31	0,26
Gross Profit Margin	43,15 %	45,46 %	27,29 %	35,08 %