ADVEN NORWAY AS

0167 OSLO

Finances

Share Ownership

Return on Equity

−1 723,3 %

Current Ratio

4,86

Debt-to-Equity Ratio

306,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 955 000	5 321 000	5 319 000	0
Net Income	−1 775 000	1 157 000	−2 179 000	−130 000
Total Assets	32 686 000	41 769 000	38 119 000	43 000
Total Equity	103 000	1 879 000	−2 279 000	−100 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 955 000	5 321 000	5 319 000	0
Expenditure	5 358 000	4 544 000	3 934 000	134 000
Operating Profit	598 000	777 000	1 384 000	−134 000
Financial Income	101 000	1 847 000	101 000	4 000
Financial Costs	2 475 000	1 466 000	3 664 000	0
Financial Balance	−2 374 000	381 000	−3 563 000	4 000
Earnings Before Tax	−1 775 000	1 157 000	−2 179 000	−130 000
Tax	0	0	0	0
Net Income	−1 775 000	1 157 000	−2 179 000	−130 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	27 582 000	30 646 000	33 653 000	0
Total Current Assets	5 104 000	11 123 000	4 466 000	43 000
Total Assets	32 686 000	41 769 000	38 119 000	43 000
Total Retained Equity	−2 927 000	−1 151 000	−2 309 000	−130 000
Total Equity	103 000	1 879 000	−2 279 000	−100 000
Total Long-Term Debt	31 533 000	37 007 000	39 955 000	0
Total Current Debt	1 050 000	2 883 000	442 000	143 000
Total Equity and Debt	32 686 000	41 769 000	38 119 000	43 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 955 000	5 321 000	5 319 000	0
Other Income	0	0	0	0
Revenue	5 955 000	5 321 000	5 319 000	0
Cost of Goods Sold	7 000	0	0	0
Salary Costs	0	0	0	0
Depreciation	3 065 000	3 064 000	3 038 000	0
Impairment	0	0	0	0
Expenditure	5 358 000	4 544 000	3 934 000	134 000
Operating Profit	598 000	777 000	1 384 000	−134 000
Financial Income	101 000	1 847 000	101 000	4 000
Financial Costs	2 475 000	1 466 000	3 664 000	0
Financial Balance	−2 374 000	381 000	−3 563 000	4 000
Dividends	0	0	0	0
Net Income	−1 775 000	1 157 000	−2 179 000	−130 000

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	27 582 000	0	0	0
Fixtures	0	30 646 000	33 653 000	0
Total Tangible Assets	27 582 000	30 646 000	33 653 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	27 582 000	30 646 000	33 653 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 344 000	10 979 000	3 858 000	43 000
Total Current Assets	5 104 000	11 123 000	4 466 000	43 000
Total Assets	32 686 000	41 769 000	38 119 000	43 000
Total Equity	103 000	1 879 000	−2 279 000	−100 000
Short-Term Group Debt	334 000	2 274 000	0	104 000
Total Long-Term Debt	31 533 000	37 007 000	39 955 000	0
Creditors	392 000	280 000	270 000	0
Unpaid Taxes	184 000	170 000	157 000	0
Dividends	0	0	0	0
Other Current Debt	139 000	159 000	15 000	39 000
Total Current Debt	1 050 000	2 883 000	442 000	143 000
Total Equity and Debt	32 686 000	41 769 000	38 119 000	43 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1 723,3 %	61,58 %	95,61 %	130 %
Debt-to-Equity Ratio	306,15	19,7	−17,53	−0
Operating Profit Margin	10,04 %	14,6 %	26,02 %	-
Current Ratio	4,86	3,86	10,1	0,3
Quick Ratio	4,86	3,86	10,1	0,3
Equity Ratio	0	0,04	−0,06	−2,33
Gross Profit Margin	99,88 %	100 %	100 %	-