AVAXO EIENDOM AS

1390 VOLLEN

Finances

Share Ownership

Return on Equity

−1,85 %

Current Ratio

1,89

Debt-to-Equity Ratio

1,63

Key figures (NOK)	2022	2021	2020
Revenue	1 260 000	692 000	69 000
Net Income	−134 000	−222 000	−245 000
Total Assets	19 305 000	19 540 000	21 322 000
Total Equity	7 235 000	7 369 000	7 591 000

Income (NOK)	2022	2021	2020
Revenue	1 260 000	692 000	69 000
Expenditure	944 000	616 000	221 000
Operating Profit	316 000	76 000	−153 000
Financial Income	0	0	0
Financial Costs	488 000	361 000	164 000
Financial Balance	−488 000	−361 000	−164 000
Earnings Before Tax	−172 000	−285 000	−316 000
Tax	−38 000	−63 000	−71 000
Net Income	−134 000	−222 000	−245 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	18 818 000	19 038 000	19 233 000
Total Current Assets	487 000	503 000	2 090 000
Total Assets	19 305 000	19 540 000	21 322 000
Total Retained Equity	0	0	0
Total Equity	7 235 000	7 369 000	7 591 000
Total Long-Term Debt	11 814 000	11 952 000	12 105 000
Total Current Debt	257 000	220 000	1 627 000
Total Equity and Debt	19 305 000	19 540 000	21 322 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	1 260 000	692 000	69 000
Revenue	1 260 000	692 000	69 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	258 000	258 000	66 000
Impairment	0	0	0
Expenditure	944 000	616 000	221 000
Operating Profit	316 000	76 000	−153 000
Financial Income	0	0	0
Financial Costs	488 000	361 000	164 000
Financial Balance	−488 000	−361 000	−164 000
Dividends	0	0	1 400 000
Net Income	−134 000	−222 000	−245 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	103 000	65 000	3 000
Real Eastate	18 715 000	18 973 000	19 230 000
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	18 715 000	18 973 000	19 230 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	18 818 000	19 038 000	19 233 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	415 000	471 000	1 765 000
Total Current Assets	487 000	503 000	2 090 000
Total Assets	19 305 000	19 540 000	21 322 000
Total Equity	7 235 000	7 369 000	7 591 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	11 814 000	11 952 000	12 105 000
Creditors	28 000	5 000	0
Unpaid Taxes	0	0	0
Dividends	0	0	1 400 000
Other Current Debt	229 000	214 000	227 000
Total Current Debt	257 000	220 000	1 627 000
Total Equity and Debt	19 305 000	19 540 000	21 322 000

Financial indicators	2022	2021	2020
Return on Equity	−1,85 %	−3,01 %	−3,23 %
Debt-to-Equity Ratio	1,63	1,62	1,59
Operating Profit Margin	25,08 %	10,98 %	−221,74 %
Current Ratio	1,89	2,29	1,28
Quick Ratio	1,89	2,29	1,28
Equity Ratio	0,37	0,38	0,36
Gross Profit Margin	100 %	100 %	100 %