AVIORGÅRDEN AS

4876 GRIMSTAD

Finances

Return on Equity

2,62 %

Current Ratio

2,43

Debt-to-Equity Ratio

29,36

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 820 000	3 604 000	3 968 000	3 990 000
Net Income	28 000	−35 000	343 000	127 000
Total Assets	33 103 000	33 575 000	34 768 000	35 382 000
Total Equity	1 068 000	1 040 000	1 076 000	933 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 820 000	3 604 000	3 968 000	3 990 000
Expenditure	3 674 000	2 925 000	2 617 000	2 689 000
Operating Profit	1 147 000	679 000	1 350 000	1 301 000
Financial Income	8 000	1 000	0	1 000
Financial Costs	1 119 000	726 000	910 000	1 138 000
Financial Balance	−1 111 000	−725 000	−910 000	−1 137 000
Earnings Before Tax	36 000	−45 000	440 000	163 000
Tax	8 000	−10 000	97 000	36 000
Net Income	28 000	−35 000	343 000	127 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	31 465 000	32 004 000	32 829 000	33 654 000
Total Current Assets	1 638 000	1 571 000	1 939 000	1 728 000
Total Assets	33 103 000	33 575 000	34 768 000	35 382 000
Total Retained Equity	−1 182 000	−1 210 000	−1 174 000	−1 317 000
Total Equity	1 068 000	1 040 000	1 076 000	933 000
Total Long-Term Debt	31 360 000	32 072 000	33 082 000	33 985 000
Total Current Debt	675 000	462 000	610 000	464 000
Total Equity and Debt	33 103 000	33 575 000	34 768 000	35 382 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 820 000	3 604 000	3 968 000	3 990 000
Other Income	0	0	0	0
Revenue	4 820 000	3 604 000	3 968 000	3 990 000
Cost of Goods Sold	0	0	0	0
Salary Costs	46 000	0	0	0
Depreciation	825 000	825 000	825 000	825 000
Impairment	0	0	0	0
Expenditure	3 674 000	2 925 000	2 617 000	2 689 000
Operating Profit	1 147 000	679 000	1 350 000	1 301 000
Financial Income	8 000	1 000	0	1 000
Financial Costs	1 119 000	726 000	910 000	1 138 000
Financial Balance	−1 111 000	−725 000	−910 000	−1 137 000
Dividends	0	0	200 000	0
Net Income	28 000	−35 000	343 000	127 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	29 725 000	30 399 000	31 224 000	32 049 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	29 725 000	30 399 000	31 224 000	32 049 000
Total Fiancial Fixed Assets	1 740 000	1 605 000	1 605 000	1 605 000
Total Fixed Assets	31 465 000	32 004 000	32 829 000	33 654 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	461 000	625 000	992 000	831 000
Total Current Assets	1 638 000	1 571 000	1 939 000	1 728 000
Total Assets	33 103 000	33 575 000	34 768 000	35 382 000
Total Equity	1 068 000	1 040 000	1 076 000	933 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	31 360 000	32 072 000	33 082 000	33 985 000
Creditors	127 000	124 000	128 000	118 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	200 000	0
Other Current Debt	548 000	338 000	282 000	346 000
Total Current Debt	675 000	462 000	610 000	464 000
Total Equity and Debt	33 103 000	33 575 000	34 768 000	35 382 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,62 %	−3,37 %	31,88 %	13,61 %
Debt-to-Equity Ratio	29,36	30,84	30,75	36,43
Operating Profit Margin	23,8 %	18,84 %	34,02 %	32,61 %
Current Ratio	2,43	3,4	3,18	3,72
Quick Ratio	2,43	3,4	3,18	3,72
Equity Ratio	0,03	0,03	0,03	0,03
Gross Profit Margin	100 %	100 %	100 %	100 %