AVINEERING AS

2500 TYNSET

Finances

Share Ownership

Return on Equity

−12,78 %

Current Ratio

1,11

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	18 294 000	11 719 000	8 869 000	3 488 000
Net Income	−98 000	−21 000	469 000	46 000
Total Assets	3 971 000	3 681 000	3 099 000	442 000
Total Equity	767 000	865 000	887 000	417 000

Income (NOK)	2022	2021	2020	2019
Revenue	18 294 000	11 719 000	8 869 000	3 488 000
Expenditure	18 536 000	11 496 000	8 287 000	3 413 000
Operating Profit	−242 000	223 000	582 000	74 000
Financial Income	320 000	94 000	80 000	4 000
Financial Costs	203 000	341 000	61 000	19 000
Financial Balance	117 000	−247 000	19 000	−15 000
Earnings Before Tax	−124 000	−24 000	602 000	59 000
Tax	−26 000	−3 000	132 000	13 000
Net Income	−98 000	−21 000	469 000	46 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	429 000	699 000	122 000	145 000
Total Current Assets	3 542 000	2 982 000	2 977 000	297 000
Total Assets	3 971 000	3 681 000	3 099 000	442 000
Total Retained Equity	737 000	835 000	857 000	393 000
Total Equity	767 000	865 000	887 000	417 000
Total Long-Term Debt	0	1 000	4 000	3 000
Total Current Debt	3 204 000	2 814 000	2 209 000	22 000
Total Equity and Debt	3 971 000	3 681 000	3 099 000	442 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	18 294 000	11 690 000	8 869 000	3 488 000
Other Income	0	30 000	0	0
Revenue	18 294 000	11 719 000	8 869 000	3 488 000
Cost of Goods Sold	15 183 000	8 733 000	7 474 000	1 728 000
Salary Costs	1 386 000	1 434 000	0	0
Depreciation	107 000	51 000	23 000	17 000
Impairment	0	0	0	0
Expenditure	18 536 000	11 496 000	8 287 000	3 413 000
Operating Profit	−242 000	223 000	582 000	74 000
Financial Income	320 000	94 000	80 000	4 000
Financial Costs	203 000	341 000	61 000	19 000
Financial Balance	117 000	−247 000	19 000	−15 000
Dividends	0	0	0	0
Net Income	−98 000	−21 000	469 000	46 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	25 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	75 000	313 000	122 000	145 000
Total Tangible Assets	404 000	699 000	122 000	145 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	429 000	699 000	122 000	145 000
Stock	0	719 000	0	0
Total Investments	0	0	0	0
Cash, Bank	1 167 000	783 000	1 360 000	233 000
Total Current Assets	3 542 000	2 982 000	2 977 000	297 000
Total Assets	3 971 000	3 681 000	3 099 000	442 000
Total Equity	767 000	865 000	887 000	417 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 000	4 000	3 000
Creditors	1 594 000	1 436 000	1 664 000	10 000
Unpaid Taxes	144 000	105 000	10 000	0
Dividends	0	0	0	0
Other Current Debt	1 465 000	1 273 000	403 000	0
Total Current Debt	3 204 000	2 814 000	2 209 000	22 000
Total Equity and Debt	3 971 000	3 681 000	3 099 000	442 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−12,78 %	−2,43 %	52,87 %	11,03 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	−1,32 %	1,9 %	6,56 %	2,12 %
Current Ratio	1,11	1,06	1,35	13,5
Quick Ratio	1,11	1,42	1,35	13,5
Equity Ratio	0,19	0,23	0,29	0,94
Gross Profit Margin	17,01 %	25,48 %	15,73 %	50,46 %