ADVANTAGE DEVELOPMENT AS

0263 OSLO

Finances

Share Ownership

Return on Equity

190,2 %

Current Ratio

1,73

Debt-to-Equity Ratio

−1,96

Key figures (NOK)	2022	2021	2020
Revenue	1 152 000	831 000	622 000
Net Income	−97 000	−2 000	24 000
Total Assets	116 000	154 000	104 000
Total Equity	−51 000	46 000	48 000

Income (NOK)	2022	2021	2020
Revenue	1 152 000	831 000	622 000
Expenditure	1 249 000	812 000	581 000
Operating Profit	−97 000	19 000	41 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	−97 000	19 000	41 000
Tax	0	21 000	17 000
Net Income	−97 000	−2 000	24 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	0	0	0
Total Current Assets	116 000	154 000	104 000
Total Assets	116 000	154 000	104 000
Total Retained Equity	−81 000	16 000	24 000
Total Equity	−51 000	46 000	48 000
Total Long-Term Debt	100 000	0	0
Total Current Debt	67 000	108 000	55 000
Total Equity and Debt	116 000	154 000	104 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 152 000	831 000	622 000
Other Income	0	0	0
Revenue	1 152 000	831 000	622 000
Cost of Goods Sold	0	0	0
Salary Costs	457 000	332 000	103 000
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	1 249 000	812 000	581 000
Operating Profit	−97 000	19 000	41 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	0	0	0
Net Income	−97 000	−2 000	24 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	0	0	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	64 000	115 000	87 000
Total Current Assets	116 000	154 000	104 000
Total Assets	116 000	154 000	104 000
Total Equity	−51 000	46 000	48 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	100 000	0	0
Creditors	0	1 000	1 000
Unpaid Taxes	32 000	4 000	13 000
Dividends	0	0	0
Other Current Debt	35 000	83 000	25 000
Total Current Debt	67 000	108 000	55 000
Total Equity and Debt	116 000	154 000	104 000

Financial indicators	2022	2021	2020
Return on Equity	190,2 %	−4,35 %	50 %
Debt-to-Equity Ratio	−1,96	0	0
Operating Profit Margin	−8,42 %	2,29 %	6,59 %
Current Ratio	1,73	1,43	1,89
Quick Ratio	1,73	1,43	1,89
Equity Ratio	−0,44	0,3	0,46
Gross Profit Margin	100 %	100 %	100 %