AVO CONSULTING AS

5011 BERGEN

Finances

Return on Equity

241,36 %

Current Ratio

1,01

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	174 814 000	123 821 000	86 741 000	76 179 000
Net Income	5 882 000	7 024 000	4 049 000	4 422 000
Total Assets	70 588 000	52 611 000	32 179 000	28 658 000
Total Equity	2 437 000	1 685 000	1 661 000	1 652 000

Income (NOK)	2022	2021	2020	2019
Revenue	174 814 000	123 821 000	86 741 000	76 179 000
Expenditure	166 993 000	114 800 000	81 497 000	70 506 000
Operating Profit	7 821 000	9 022 000	5 245 000	5 672 000
Financial Income	123 000	91 000	30 000	27 000
Financial Costs	332 000	61 000	82 000	27 000
Financial Balance	−209 000	30 000	−52 000	0
Earnings Before Tax	7 612 000	9 052 000	5 193 000	5 672 000
Tax	1 730 000	2 029 000	1 145 000	1 250 000
Net Income	5 882 000	7 024 000	4 049 000	4 422 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 473 000	487 000	733 000	887 000
Total Current Assets	69 115 000	52 123 000	31 445 000	27 771 000
Total Assets	70 588 000	52 611 000	32 179 000	28 658 000
Total Retained Equity	804 000	52 000	28 000	20 000
Total Equity	2 437 000	1 685 000	1 661 000	1 652 000
Total Long-Term Debt	0	22 000	60 000	94 000
Total Current Debt	68 151 000	50 904 000	30 458 000	26 912 000
Total Equity and Debt	70 588 000	52 611 000	32 179 000	28 658 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	174 796 000	123 820 000	86 733 000	76 164 000
Other Income	18 000	2 000	8 000	15 000
Revenue	174 814 000	123 821 000	86 741 000	76 179 000
Cost of Goods Sold	26 205 000	16 141 000	6 939 000	3 289 000
Salary Costs	118 730 000	87 006 000	63 274 000	54 815 000
Depreciation	308 000	275 000	286 000	188 000
Impairment	0	0	0	0
Expenditure	166 993 000	114 800 000	81 497 000	70 506 000
Operating Profit	7 821 000	9 022 000	5 245 000	5 672 000
Financial Income	123 000	91 000	30 000	27 000
Financial Costs	332 000	61 000	82 000	27 000
Financial Balance	−209 000	30 000	−52 000	0
Dividends	5 130 000	7 000 000	4 040 000	4 410 000
Net Income	5 882 000	7 024 000	4 049 000	4 422 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 440 000	487 000	733 000	887 000
Total Tangible Assets	1 440 000	487 000	733 000	887 000
Total Fiancial Fixed Assets	30 000	0	0	0
Total Fixed Assets	1 473 000	487 000	733 000	887 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	23 451 000	22 397 000	12 590 000	8 639 000
Total Current Assets	69 115 000	52 123 000	31 445 000	27 771 000
Total Assets	70 588 000	52 611 000	32 179 000	28 658 000
Total Equity	2 437 000	1 685 000	1 661 000	1 652 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	22 000	60 000	94 000
Creditors	10 142 000	4 638 000	3 385 000	4 145 000
Unpaid Taxes	17 024 000	11 767 000	7 416 000	6 440 000
Dividends	5 130 000	7 000 000	4 040 000	4 410 000
Other Current Debt	39 229 000	32 432 000	18 476 000	15 065 000
Total Current Debt	68 151 000	50 904 000	30 458 000	26 912 000
Total Equity and Debt	70 588 000	52 611 000	32 179 000	28 658 000

Financial indicators	2022	2021	2020	2019
Return on Equity	241,36 %	416,85 %	243,77 %	267,68 %
Debt-to-Equity Ratio	0	0,01	0,04	0,06
Operating Profit Margin	4,47 %	7,29 %	6,05 %	7,45 %
Current Ratio	1,01	1,02	1,03	1,03
Quick Ratio	1,01	1,02	1,03	1,03
Equity Ratio	0,03	0,03	0,05	0,06
Gross Profit Margin	85,01 %	86,96 %	92 %	95,68 %