AVANTE HOLDING AS

1676 KRÅKERØY

Finances

Share Ownership

Return on Equity

−8,04 %

Current Ratio

3,67

Debt-to-Equity Ratio

0,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	320 000	330 000	0	0
Net Income	−1 144 000	2 257 000	27 255 000	793 000
Total Assets	21 657 000	28 294 000	28 121 000	1 163 000
Total Equity	14 229 000	21 043 000	27 208 000	853 000

Income (NOK)	2022	2021	2020	2019
Revenue	320 000	330 000	0	0
Expenditure	195 000	157 000	355 000	9 000
Operating Profit	125 000	173 000	−355 000	−9 000
Financial Income	3 000	2 198 000	27 534 000	800 000
Financial Costs	1 278 000	95 000	0	0
Financial Balance	−1 275 000	2 103 000	27 534 000	800 000
Earnings Before Tax	−1 151 000	2 275 000	27 179 000	791 000
Tax	−7 000	18 000	−76 000	−2 000
Net Income	−1 144 000	2 257 000	27 255 000	793 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 193 000	9 161 000	9 027 000	835 000
Total Current Assets	12 463 000	19 134 000	19 094 000	329 000
Total Assets	21 657 000	28 294 000	28 121 000	1 163 000
Total Retained Equity	13 670 000	20 483 000	26 648 000	293 000
Total Equity	14 229 000	21 043 000	27 208 000	853 000
Total Long-Term Debt	4 028 000	4 171 000	0	0
Total Current Debt	3 400 000	3 081 000	914 000	311 000
Total Equity and Debt	21 657 000	28 294 000	28 121 000	1 163 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	320 000	330 000	0	0
Revenue	320 000	330 000	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	16 000	6 000	6 000	0
Impairment	0	0	0	0
Expenditure	195 000	157 000	355 000	9 000
Operating Profit	125 000	173 000	−355 000	−9 000
Financial Income	3 000	2 198 000	27 534 000	800 000
Financial Costs	1 278 000	95 000	0	0
Financial Balance	−1 275 000	2 103 000	27 534 000	800 000
Dividends	5 670 000	8 422 000	900 000	500 000
Net Income	−1 144 000	2 257 000	27 255 000	793 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	67 000	60 000	78 000	2 000
Real Eastate	9 084 000	9 084 000	8 927 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	43 000	17 000	22 000	0
Total Tangible Assets	9 126 000	9 100 000	8 949 000	0
Total Fiancial Fixed Assets	0	0	0	833 000
Total Fixed Assets	9 193 000	9 161 000	9 027 000	835 000
Stock	0	0	0	0
Total Investments	11 834 000	16 995 000	18 482 000	0
Cash, Bank	624 000	2 061 000	52 000	300 000
Total Current Assets	12 463 000	19 134 000	19 094 000	329 000
Total Assets	21 657 000	28 294 000	28 121 000	1 163 000
Total Equity	14 229 000	21 043 000	27 208 000	853 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 028 000	4 171 000	0	0
Creditors	0	4 000	14 000	9 000
Unpaid Taxes	0	0	0	0
Dividends	5 670 000	8 422 000	900 000	500 000
Other Current Debt	0	0	0	302 000
Total Current Debt	3 400 000	3 081 000	914 000	311 000
Total Equity and Debt	21 657 000	28 294 000	28 121 000	1 163 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−8,04 %	10,73 %	100,17 %	92,97 %
Debt-to-Equity Ratio	0,28	0,2	0	0
Operating Profit Margin	39,06 %	52,42 %	-	-
Current Ratio	3,67	6,21	20,89	1,06
Quick Ratio	3,67	6,21	20,89	1,06
Equity Ratio	0,66	0,74	0,97	0,73
Gross Profit Margin	100 %	100 %	-	-