ANVIL ASSET ADVISORS AS

0255 OSLO

Finances

Return on Equity

98,32 %

Current Ratio

1,1

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	27 345 000	23 731 000	41 165 000	18 721 000
Net Income	7 022 000	6 247 000	14 137 000	3 961 000
Total Assets	25 725 000	12 881 000	39 835 000	14 964 000
Total Equity	7 142 000	4 272 000	8 395 000	4 062 000

Income (NOK)	2022	2021	2020	2019
Revenue	27 345 000	23 731 000	41 165 000	18 721 000
Expenditure	18 404 000	16 465 000	23 365 000	13 668 000
Operating Profit	8 942 000	7 266 000	17 800 000	5 054 000
Financial Income	114 000	790 000	1 032 000	53 000
Financial Costs	44 000	219 000	706 000	10 000
Financial Balance	70 000	571 000	326 000	43 000
Earnings Before Tax	9 011 000	7 838 000	18 126 000	5 096 000
Tax	1 989 000	1 591 000	3 989 000	1 135 000
Net Income	7 022 000	6 247 000	14 137 000	3 961 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 321 000	1 485 000	1 055 000	143 000
Total Current Assets	20 404 000	11 396 000	38 779 000	14 820 000
Total Assets	25 725 000	12 881 000	39 835 000	14 964 000
Total Retained Equity	7 039 000	4 169 000	8 293 000	3 959 000
Total Equity	7 142 000	4 272 000	8 395 000	4 062 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	18 583 000	8 610 000	31 439 000	10 902 000
Total Equity and Debt	25 725 000	12 881 000	39 835 000	14 964 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	26 551 000	22 567 000	40 217 000	18 721 000
Other Income	793 000	1 165 000	947 000	0
Revenue	27 345 000	23 731 000	41 165 000	18 721 000
Cost of Goods Sold	1 210 000	1 376 000	993 000	91 000
Salary Costs	11 493 000	10 123 000	17 704 000	8 052 000
Depreciation	26 000	29 000	29 000	35 000
Impairment	0	0	0	0
Expenditure	18 404 000	16 465 000	23 365 000	13 668 000
Operating Profit	8 942 000	7 266 000	17 800 000	5 054 000
Financial Income	114 000	790 000	1 032 000	53 000
Financial Costs	44 000	219 000	706 000	10 000
Financial Balance	70 000	571 000	326 000	43 000
Dividends	4 151 000	10 370 000	9 804 000	0
Net Income	7 022 000	6 247 000	14 137 000	3 961 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	6 000	3 000	1 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	152 000	15 000	28 000	57 000
Total Tangible Assets	152 000	15 000	28 000	57 000
Total Fiancial Fixed Assets	5 169 000	1 464 000	1 024 000	86 000
Total Fixed Assets	5 321 000	1 485 000	1 055 000	143 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	16 202 000	7 551 000	34 150 000	985 000
Total Current Assets	20 404 000	11 396 000	38 779 000	14 820 000
Total Assets	25 725 000	12 881 000	39 835 000	14 964 000
Total Equity	7 142 000	4 272 000	8 395 000	4 062 000
Short-Term Group Debt	4 026 000	1 277 000	1 210 000	7 021 000
Total Long-Term Debt	0	0	0	0
Creditors	240 000	626 000	327 000	472 000
Unpaid Taxes	2 548 000	1 828 000	6 337 000	1 582 000
Dividends	4 151 000	10 370 000	9 804 000	0
Other Current Debt	5 784 000	553 000	10 036 000	689 000
Total Current Debt	18 583 000	8 610 000	31 439 000	10 902 000
Total Equity and Debt	25 725 000	12 881 000	39 835 000	14 964 000

Financial indicators	2022	2021	2020	2019
Return on Equity	98,32 %	146,23 %	168,4 %	97,51 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	32,7 %	30,62 %	43,24 %	27 %
Current Ratio	1,1	1,32	1,23	1,36
Quick Ratio	1,1	1,32	1,23	1,36
Equity Ratio	0,28	0,33	0,21	0,27
Gross Profit Margin	95,58 %	94,2 %	97,59 %	99,51 %