ADVANTEK DIGITAL AS

4636 KRISTIANSAND S

Finances

Return on Equity

−231,99 %

Current Ratio

1,34

Debt-to-Equity Ratio

2,54

Key figures (NOK)	2022	2021	2020	2019
Revenue	19 765 000	15 118 000	15 469 000	8 839 000
Net Income	−1 320 000	29 000	−718 000	59 000
Total Assets	6 920 000	6 069 000	7 506 000	3 731 000
Total Equity	569 000	519 000	490 000	623 000

Income (NOK)	2022	2021	2020	2019
Revenue	19 765 000	15 118 000	15 469 000	8 839 000
Expenditure	20 557 000	14 436 000	16 361 000	8 759 000
Operating Profit	−791 000	681 000	−892 000	81 000
Financial Income	22 000	11 000	3 000	0
Financial Costs	719 000	511 000	21 000	0
Financial Balance	−697 000	−500 000	−18 000	0
Earnings Before Tax	−1 488 000	182 000	−910 000	81 000
Tax	−168 000	153 000	−191 000	22 000
Net Income	−1 320 000	29 000	−718 000	59 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	333 000	912 000	342 000	472 000
Total Current Assets	6 588 000	5 157 000	7 163 000	3 258 000
Total Assets	6 920 000	6 069 000	7 506 000	3 731 000
Total Retained Equity	−1 586 000	−566 000	−595 000	123 000
Total Equity	569 000	519 000	490 000	623 000
Total Long-Term Debt	1 448 000	1 948 000	2 611 000	630 000
Total Current Debt	4 904 000	3 602 000	4 405 000	2 477 000
Total Equity and Debt	6 920 000	6 069 000	7 506 000	3 731 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	20 131 000	13 704 000	15 469 000	8 839 000
Other Income	−366 000	1 414 000	0	0
Revenue	19 765 000	15 118 000	15 469 000	8 839 000
Cost of Goods Sold	5 713 000	4 531 000	4 788 000	1 001 000
Salary Costs	11 023 000	7 463 000	8 564 000	6 492 000
Depreciation	133 000	134 000	131 000	131 000
Impairment	0	0	0	0
Expenditure	20 557 000	14 436 000	16 361 000	8 759 000
Operating Profit	−791 000	681 000	−892 000	81 000
Financial Income	22 000	11 000	3 000	0
Financial Costs	719 000	511 000	21 000	0
Financial Balance	−697 000	−500 000	−18 000	0
Dividends	0	0	0	0
Net Income	−1 320 000	29 000	−718 000	59 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	83 000	183 000	283 000	383 000
Total Intangible Assets	302 000	188 000	283 000	383 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	31 000	42 000	58 000	89 000
Total Tangible Assets	31 000	42 000	58 000	89 000
Total Fiancial Fixed Assets	0	682 000	1 000	0
Total Fixed Assets	333 000	912 000	342 000	472 000
Stock	0	0	0	0
Total Investments	0	0	1 000 000	0
Cash, Bank	646 000	429 000	324 000	438 000
Total Current Assets	6 588 000	5 157 000	7 163 000	3 258 000
Total Assets	6 920 000	6 069 000	7 506 000	3 731 000
Total Equity	569 000	519 000	490 000	623 000
Short-Term Group Debt	75 000	156 000	515 000	123 000
Total Long-Term Debt	1 448 000	1 948 000	2 611 000	630 000
Creditors	1 289 000	828 000	727 000	277 000
Unpaid Taxes	1 558 000	903 000	961 000	699 000
Dividends	0	0	0	0
Other Current Debt	1 935 000	1 544 000	2 202 000	1 372 000
Total Current Debt	4 904 000	3 602 000	4 405 000	2 477 000
Total Equity and Debt	6 920 000	6 069 000	7 506 000	3 731 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−231,99 %	5,59 %	−146,53 %	9,47 %
Debt-to-Equity Ratio	2,54	3,75	5,33	1,01
Operating Profit Margin	−4 %	4,5 %	−5,77 %	0,92 %
Current Ratio	1,34	1,43	1,63	1,32
Quick Ratio	1,34	1,43	1,63	1,32
Equity Ratio	0,08	0,09	0,07	0,17
Gross Profit Margin	71,1 %	70,03 %	69,05 %	88,68 %