ADVANTEK AS

4632 KRISTIANSAND S

Finances

Return on Equity

532,2 %

Current Ratio

0,92

Debt-to-Equity Ratio

89,89

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 595 000	10 020 000	8 124 000	7 579 000
Net Income	1 884 000	1 000	−146 000	23 000
Total Assets	41 565 000	6 420 000	4 176 000	2 686 000
Total Equity	354 000	250 000	249 000	395 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 595 000	10 020 000	8 124 000	7 579 000
Expenditure	17 375 000	10 015 000	7 348 000	7 526 000
Operating Profit	220 000	5 000	775 000	53 000
Financial Income	2 007 000	0	0	−17 000
Financial Costs	11 000	3 000	750 000	0
Financial Balance	1 996 000	−3 000	−750 000	−17 000
Earnings Before Tax	2 217 000	1 000	26 000	36 000
Tax	332 000	0	172 000	13 000
Net Income	1 884 000	1 000	−146 000	23 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	32 904 000	2 009 000	996 000	262 000
Total Current Assets	8 661 000	4 411 000	3 180 000	2 424 000
Total Assets	41 565 000	6 420 000	4 176 000	2 686 000
Total Retained Equity	54 000	−50 000	−51 000	95 000
Total Equity	354 000	250 000	249 000	395 000
Total Long-Term Debt	31 821 000	896 000	0	5 000
Total Current Debt	9 389 000	5 274 000	3 927 000	2 286 000
Total Equity and Debt	41 565 000	6 420 000	4 176 000	2 686 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 595 000	10 020 000	8 124 000	7 579 000
Other Income	0	0	0	0
Revenue	17 595 000	10 020 000	8 124 000	7 579 000
Cost of Goods Sold	468 000	0	0	0
Salary Costs	14 601 000	8 753 000	6 387 000	6 606 000
Depreciation	129 000	11 000	0	0
Impairment	0	0	0	0
Expenditure	17 375 000	10 015 000	7 348 000	7 526 000
Operating Profit	220 000	5 000	775 000	53 000
Financial Income	2 007 000	0	0	−17 000
Financial Costs	11 000	3 000	750 000	0
Financial Balance	1 996 000	−3 000	−750 000	−17 000
Dividends	410 000	0	0	0
Net Income	1 884 000	1 000	−146 000	23 000

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	895 000	1 025 000	0	0
Total Tangible Assets	895 000	1 025 000	0	0
Total Fiancial Fixed Assets	32 009 000	985 000	996 000	262 000
Total Fixed Assets	32 904 000	2 009 000	996 000	262 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	919 000	1 847 000	1 150 000	1 368 000
Total Current Assets	8 661 000	4 411 000	3 180 000	2 424 000
Total Assets	41 565 000	6 420 000	4 176 000	2 686 000
Total Equity	354 000	250 000	249 000	395 000
Short-Term Group Debt	3 275 000	0	1 500 000	0
Total Long-Term Debt	31 821 000	896 000	0	5 000
Creditors	536 000	304 000	16 000	9 000
Unpaid Taxes	1 642 000	1 303 000	678 000	677 000
Dividends	410 000	0	0	0
Other Current Debt	3 245 000	3 667 000	1 557 000	1 587 000
Total Current Debt	9 389 000	5 274 000	3 927 000	2 286 000
Total Equity and Debt	41 565 000	6 420 000	4 176 000	2 686 000

Financial indicators	2022	2021	2020	2019
Return on Equity	532,2 %	0,4 %	−58,63 %	5,82 %
Debt-to-Equity Ratio	89,89	3,58	0	0,01
Operating Profit Margin	1,25 %	0,05 %	9,54 %	0,7 %
Current Ratio	0,92	0,84	0,81	1,06
Quick Ratio	0,92	0,84	0,81	1,06
Equity Ratio	0,01	0,04	0,06	0,15
Gross Profit Margin	97,34 %	100 %	100 %	100 %