AVARUS AS

4026 STAVANGER

Finances

Share Ownership

Return on Equity

509,84 %

Current Ratio

1,46

Debt-to-Equity Ratio

9,77

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 614 000	3 375 000	1 673 000	1 877 000
Net Income	1 244 000	2 171 000	520 000	1 104 000
Total Assets	4 125 000	1 358 000	2 064 000	1 604 000
Total Equity	244 000	200 000	1 649 000	1 129 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 614 000	3 375 000	1 673 000	1 877 000
Expenditure	1 085 000	596 000	1 003 000	465 000
Operating Profit	1 530 000	2 779 000	670 000	1 413 000
Financial Income	4 000	5 000	0	2 000
Financial Costs	42 000	1 000	2 000	0
Financial Balance	−38 000	4 000	−2 000	2 000
Earnings Before Tax	1 492 000	2 784 000	668 000	1 414 000
Tax	249 000	612 000	147 000	310 000
Net Income	1 244 000	2 171 000	520 000	1 104 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 934 000	0	984 000	0
Total Current Assets	2 191 000	1 358 000	1 080 000	1 604 000
Total Assets	4 125 000	1 358 000	2 064 000	1 604 000
Total Retained Equity	214 000	170 000	1 619 000	1 099 000
Total Equity	244 000	200 000	1 649 000	1 129 000
Total Long-Term Debt	2 384 000	0	0	0
Total Current Debt	1 498 000	1 158 000	415 000	475 000
Total Equity and Debt	4 125 000	1 358 000	2 064 000	1 604 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 614 000	3 375 000	1 673 000	1 825 000
Other Income	0	0	0	52 000
Revenue	2 614 000	3 375 000	1 673 000	1 877 000
Cost of Goods Sold	0	0	0	0
Salary Costs	756 000	535 000	698 000	344 000
Depreciation	102 000	0	0	0
Impairment	0	0	0	0
Expenditure	1 085 000	596 000	1 003 000	465 000
Operating Profit	1 530 000	2 779 000	670 000	1 413 000
Financial Income	4 000	5 000	0	2 000
Financial Costs	42 000	1 000	2 000	0
Financial Balance	−38 000	4 000	−2 000	2 000
Dividends	1 200 000	3 620 000	0	0
Net Income	1 244 000	2 171 000	520 000	1 104 000

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	1 934 000	0	0	0
Total Tangible Assets	1 934 000	0	0	0
Total Fiancial Fixed Assets	0	0	984 000	0
Total Fixed Assets	1 934 000	0	984 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	969 000	95 000	64 000	906 000
Total Current Assets	2 191 000	1 358 000	1 080 000	1 604 000
Total Assets	4 125 000	1 358 000	2 064 000	1 604 000
Total Equity	244 000	200 000	1 649 000	1 129 000
Short-Term Group Debt	1 200 000	436 000	0	0
Total Long-Term Debt	2 384 000	0	0	0
Creditors	38 000	0	0	5 000
Unpaid Taxes	55 000	110 000	233 000	156 000
Dividends	1 200 000	3 620 000	0	0
Other Current Debt	−44 000	0	35 000	5 000
Total Current Debt	1 498 000	1 158 000	415 000	475 000
Total Equity and Debt	4 125 000	1 358 000	2 064 000	1 604 000

Financial indicators	2022	2021	2020	2019
Return on Equity	509,84 %	1 085,5 %	31,53 %	97,79 %
Debt-to-Equity Ratio	9,77	0	0	0
Operating Profit Margin	58,53 %	82,34 %	40,05 %	75,28 %
Current Ratio	1,46	1,17	2,6	3,38
Quick Ratio	1,46	1,17	2,6	3,38
Equity Ratio	0,06	0,15	0,8	0,7
Gross Profit Margin	100 %	100 %	100 %	100 %