AVKO AS

1408 KRÅKSTAD

Finances

Share Ownership

Return on Equity

38,1 %

Current Ratio

1,04

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	422 000	223 000	231 000	281 000
Net Income	8 000	10 000	11 000	31 000
Total Assets	98 000	101 000	47 000	74 000
Total Equity	21 000	13 000	3 000	−8 000

Income (NOK)	2022	2021	2020	2019
Revenue	422 000	223 000	231 000	281 000
Expenditure	414 000	212 000	220 000	250 000
Operating Profit	8 000	10 000	11 000	31 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	8 000	10 000	11 000	31 000
Tax	0	0	0	0
Net Income	8 000	10 000	11 000	31 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 000	0	0	0
Total Current Assets	80 000	101 000	47 000	74 000
Total Assets	98 000	101 000	47 000	74 000
Total Retained Equity	−4 000	−11 000	−22 000	−33 000
Total Equity	21 000	13 000	3 000	−8 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	77 000	88 000	44 000	83 000
Total Equity and Debt	98 000	101 000	47 000	74 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	422 000	223 000	231 000	281 000
Other Income	0	0	0	0
Revenue	422 000	223 000	231 000	281 000
Cost of Goods Sold	10 000	15 000	9 000	0
Salary Costs	331 000	113 000	165 000	188 000
Depreciation	1 000	0	0	0
Impairment	0	0	0	0
Expenditure	414 000	212 000	220 000	250 000
Operating Profit	8 000	10 000	11 000	31 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	8 000	10 000	11 000	31 000

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	18 000	0	0	0
Total Tangible Assets	18 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	18 000	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	64 000	101 000	38 000	74 000
Total Current Assets	80 000	101 000	47 000	74 000
Total Assets	98 000	101 000	47 000	74 000
Total Equity	21 000	13 000	3 000	−8 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 000	2 000	0	0
Unpaid Taxes	40 000	27 000	12 000	68 000
Dividends	0	0	0	0
Other Current Debt	35 000	60 000	32 000	15 000
Total Current Debt	77 000	88 000	44 000	83 000
Total Equity and Debt	98 000	101 000	47 000	74 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,1 %	76,92 %	366,67 %	−387,5 %
Debt-to-Equity Ratio	0	0	0	−0
Operating Profit Margin	1,9 %	4,48 %	4,76 %	11,03 %
Current Ratio	1,04	1,15	1,07	0,89
Quick Ratio	1,04	1,15	1,07	0,89
Equity Ratio	0,21	0,13	0,06	−0,11
Gross Profit Margin	97,63 %	93,27 %	96,1 %	100 %