AVARIS AS

3322 FISKUM

Finances

Return on Equity

526,67 %

Current Ratio

1,11

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	499 000	102 000	0	5 000
Net Income	158 000	−58 000	−16 000	−23 000
Total Assets	310 000	130 000	190 000	2 000
Total Equity	30 000	−72 000	−15 000	2 000

Income (NOK)	2022	2021	2020	2019
Revenue	499 000	102 000	0	5 000
Expenditure	324 000	151 000	26 000	18 000
Operating Profit	174 000	−49 000	−26 000	−13 000
Financial Income	9 000	0	10 000	0
Financial Costs	7 000	9 000	0	10 000
Financial Balance	2 000	−9 000	10 000	−10 000
Earnings Before Tax	175 000	−58 000	−16 000	−23 000
Tax	18 000	0	0	0
Net Income	158 000	−58 000	−16 000	−23 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	310 000	130 000	190 000	2 000
Total Assets	310 000	130 000	190 000	2 000
Total Retained Equity	6 000	−97 000	−39 000	−23 000
Total Equity	30 000	−72 000	−15 000	2 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	280 000	203 000	204 000	0
Total Equity and Debt	310 000	130 000	190 000	2 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	499 000	102 000	0	5 000
Other Income	0	0	0	0
Revenue	499 000	102 000	0	5 000
Cost of Goods Sold	53 000	47 000	4 000	0
Salary Costs	176 000	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	324 000	151 000	26 000	18 000
Operating Profit	174 000	−49 000	−26 000	−13 000
Financial Income	9 000	0	10 000	0
Financial Costs	7 000	9 000	0	10 000
Financial Balance	2 000	−9 000	10 000	−10 000
Dividends	55 000	0	0	0
Net Income	158 000	−58 000	−16 000	−23 000

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	93 000	91 000	0	0
Cash, Bank	218 000	39 000	190 000	2 000
Total Current Assets	310 000	130 000	190 000	2 000
Total Assets	310 000	130 000	190 000	2 000
Total Equity	30 000	−72 000	−15 000	2 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	5 000	4 000	0
Unpaid Taxes	92 000	−3 000	0	0
Dividends	55 000	0	0	0
Other Current Debt	115 000	200 000	200 000	0
Total Current Debt	280 000	203 000	204 000	0
Total Equity and Debt	310 000	130 000	190 000	2 000

Financial indicators	2022	2021	2020	2019
Return on Equity	526,67 %	80,56 %	106,67 %	−1 150 %
Debt-to-Equity Ratio	0	−0	−0	0
Operating Profit Margin	34,87 %	−48,04 %	-	−260 %
Current Ratio	1,11	0,64	0,93	-
Quick Ratio	1,11	0,64	0,93	-
Equity Ratio	0,1	−0,55	−0,08	1
Gross Profit Margin	89,38 %	53,92 %	-	100 %