AVANDI AS

1927 RÅNÅSFOSS

Finances

Share Ownership

Return on Equity

−94,93 %

Current Ratio

2,14

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	816 000	967 000	1 265 000	1 063 000
Net Income	−206 000	96 000	410 000	−174 000
Total Assets	371 000	787 000	1 104 000	608 000
Total Equity	217 000	423 000	417 000	291 000

Income (NOK)	2022	2021	2020	2019
Revenue	816 000	967 000	1 265 000	1 063 000
Expenditure	1 015 000	845 000	786 000	1 224 000
Operating Profit	−198 000	122 000	480 000	−160 000
Financial Income	1 000	1 000	2 000	2 000
Financial Costs	10 000	0	0	0
Financial Balance	−9 000	1 000	2 000	2 000
Earnings Before Tax	−206 000	123 000	481 000	−158 000
Tax	0	27 000	71 000	16 000
Net Income	−206 000	96 000	410 000	−174 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	42 000	57 000	114 000	0
Total Current Assets	329 000	730 000	989 000	608 000
Total Assets	371 000	787 000	1 104 000	608 000
Total Retained Equity	187 000	393 000	387 000	261 000
Total Equity	217 000	423 000	417 000	291 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	154 000	364 000	686 000	317 000
Total Equity and Debt	371 000	787 000	1 104 000	608 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	816 000	967 000	1 109 000	1 063 000
Other Income	0	0	157 000	0
Revenue	816 000	967 000	1 265 000	1 063 000
Cost of Goods Sold	20 000	0	4 000	0
Salary Costs	782 000	782 000	612 000	1 115 000
Depreciation	15 000	20 000	7 000	0
Impairment	0	0	0	0
Expenditure	1 015 000	845 000	786 000	1 224 000
Operating Profit	−198 000	122 000	480 000	−160 000
Financial Income	1 000	1 000	2 000	2 000
Financial Costs	10 000	0	0	0
Financial Balance	−9 000	1 000	2 000	2 000
Dividends	0	90 000	300 000	0
Net Income	−206 000	96 000	410 000	−174 000

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	42 000	57 000	29 000	0
Total Tangible Assets	42 000	57 000	29 000	0
Total Fiancial Fixed Assets	0	0	86 000	0
Total Fixed Assets	42 000	57 000	114 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	329 000	711 000	987 000	447 000
Total Current Assets	329 000	730 000	989 000	608 000
Total Assets	371 000	787 000	1 104 000	608 000
Total Equity	217 000	423 000	417 000	291 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	48 000	45 000	258 000	58 000
Dividends	0	90 000	300 000	0
Other Current Debt	106 000	202 000	57 000	260 000
Total Current Debt	154 000	364 000	686 000	317 000
Total Equity and Debt	371 000	787 000	1 104 000	608 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−94,93 %	22,7 %	98,32 %	−59,79 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−24,26 %	12,62 %	37,94 %	−15,05 %
Current Ratio	2,14	2,01	1,44	1,92
Quick Ratio	2,14	2,01	1,44	1,92
Equity Ratio	0,58	0,54	0,38	0,48
Gross Profit Margin	97,55 %	100 %	99,68 %	100 %