AKVANTI AS

4950 RISØR

Finances

Share Ownership

Return on Equity

108,41 %

Current Ratio

3,28

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	911 000	420 000	956 000	657 000
Net Income	116 000	−40 000	75 000	−61 000
Total Assets	154 000	46 000	150 000	132 000
Total Equity	107 000	−10 000	31 000	−30 000

Income (NOK)	2022	2021	2020	2019
Revenue	911 000	420 000	956 000	657 000
Expenditure	776 000	459 000	879 000	720 000
Operating Profit	135 000	−38 000	77 000	−63 000
Financial Income	0	0	0	0
Financial Costs	0	2 000	1 000	0
Financial Balance	0	−2 000	−1 000	0
Earnings Before Tax	135 000	−40 000	75 000	−63 000
Tax	19 000	0	0	−2 000
Net Income	116 000	−40 000	75 000	−61 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	154 000	46 000	150 000	132 000
Total Assets	154 000	46 000	150 000	132 000
Total Retained Equity	82 000	−34 000	6 000	−54 000
Total Equity	107 000	−10 000	31 000	−30 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	47 000	55 000	119 000	161 000
Total Equity and Debt	154 000	46 000	150 000	132 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	882 000	420 000	511 000	1 000
Other Income	29 000	0	445 000	656 000
Revenue	911 000	420 000	956 000	657 000
Cost of Goods Sold	668 000	70 000	289 000	29 000
Salary Costs	0	163 000	251 000	352 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	776 000	459 000	879 000	720 000
Operating Profit	135 000	−38 000	77 000	−63 000
Financial Income	0	0	0	0
Financial Costs	0	2 000	1 000	0
Financial Balance	0	−2 000	−1 000	0
Dividends	0	0	15 000	0
Net Income	116 000	−40 000	75 000	−61 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	150 000	39 000	139 000	132 000
Total Current Assets	154 000	46 000	150 000	132 000
Total Assets	154 000	46 000	150 000	132 000
Total Equity	107 000	−10 000	31 000	−30 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 000	1 000	46 000	121 000
Unpaid Taxes	0	2 000	18 000	5 000
Dividends	0	0	15 000	0
Other Current Debt	11 000	37 000	41 000	36 000
Total Current Debt	47 000	55 000	119 000	161 000
Total Equity and Debt	154 000	46 000	150 000	132 000

Financial indicators	2022	2021	2020	2019
Return on Equity	108,41 %	400 %	241,94 %	203,33 %
Debt-to-Equity Ratio	0	−0	0	−0
Operating Profit Margin	14,82 %	−9,05 %	8,05 %	−9,59 %
Current Ratio	3,28	0,84	1,26	0,82
Quick Ratio	3,28	0,84	1,26	0,82
Equity Ratio	0,69	−0,22	0,21	−0,23
Gross Profit Margin	26,67 %	83,33 %	69,77 %	95,59 %