AVI ELEKTRO AS

1448 DRØBAK

Finances

Share Ownership

Return on Equity

23,76 %

Current Ratio

2,66

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 604 000	8 502 000	9 024 000	7 268 000
Net Income	743 000	1 691 000	1 094 000	1 208 000
Total Assets	5 072 000	4 884 000	4 075 000	3 108 000
Total Equity	3 127 000	2 984 000	1 892 000	1 398 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 604 000	8 502 000	9 024 000	7 268 000
Expenditure	6 707 000	6 326 000	7 620 000	5 719 000
Operating Profit	952 000	2 168 000	1 404 000	1 549 000
Financial Income	3 000	1 000	1 000	2 000
Financial Costs	2 000	0	2 000	1 000
Financial Balance	1 000	1 000	−1 000	1 000
Earnings Before Tax	953 000	2 168 000	1 403 000	1 550 000
Tax	210 000	477 000	309 000	341 000
Net Income	743 000	1 691 000	1 094 000	1 208 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 000	96 000	213 000	62 000
Total Current Assets	5 061 000	4 788 000	3 861 000	3 046 000
Total Assets	5 072 000	4 884 000	4 075 000	3 108 000
Total Retained Equity	3 097 000	2 954 000	1 862 000	1 368 000
Total Equity	3 127 000	2 984 000	1 892 000	1 398 000
Total Long-Term Debt	39 000	0	0	0
Total Current Debt	1 906 000	1 900 000	2 182 000	1 709 000
Total Equity and Debt	5 072 000	4 884 000	4 075 000	3 108 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 603 000	8 502 000	9 024 000	7 268 000
Other Income	0	0	0	0
Revenue	7 604 000	8 502 000	9 024 000	7 268 000
Cost of Goods Sold	2 764 000	3 273 000	3 677 000	2 397 000
Salary Costs	3 021 000	2 216 000	2 707 000	2 411 000
Depreciation	9 000	9 000	9 000	7 000
Impairment	0	0	0	0
Expenditure	6 707 000	6 326 000	7 620 000	5 719 000
Operating Profit	952 000	2 168 000	1 404 000	1 549 000
Financial Income	3 000	1 000	1 000	2 000
Financial Costs	2 000	0	2 000	1 000
Financial Balance	1 000	1 000	−1 000	1 000
Dividends	600 000	600 000	600 000	0
Net Income	743 000	1 691 000	1 094 000	1 208 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	76 000	120 000	25 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	11 000	20 000	28 000	37 000
Total Tangible Assets	11 000	20 000	28 000	37 000
Total Fiancial Fixed Assets	0	0	65 000	0
Total Fixed Assets	11 000	96 000	213 000	62 000
Stock	309 000	254 000	262 000	488 000
Total Investments	0	0	0	0
Cash, Bank	3 439 000	3 767 000	2 169 000	1 856 000
Total Current Assets	5 061 000	4 788 000	3 861 000	3 046 000
Total Assets	5 072 000	4 884 000	4 075 000	3 108 000
Total Equity	3 127 000	2 984 000	1 892 000	1 398 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	39 000	0	0	0
Creditors	195 000	254 000	238 000	221 000
Unpaid Taxes	690 000	374 000	641 000	523 000
Dividends	600 000	600 000	600 000	0
Other Current Debt	325 000	239 000	300 000	623 000
Total Current Debt	1 906 000	1 900 000	2 182 000	1 709 000
Total Equity and Debt	5 072 000	4 884 000	4 075 000	3 108 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,76 %	56,67 %	57,82 %	86,41 %
Debt-to-Equity Ratio	0,01	0	0	0
Operating Profit Margin	12,52 %	25,5 %	15,56 %	21,31 %
Current Ratio	2,66	2,52	1,77	1,78
Quick Ratio	3,17	2,91	2,01	2,49
Equity Ratio	0,62	0,61	0,46	0,45
Gross Profit Margin	63,65 %	61,5 %	59,25 %	67,02 %