AVK NORGE AS

3236 SANDEFJORD

Finances

Share Ownership

Return on Equity

35,64 %

Current Ratio

1,37

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	207 038 000	183 200 000	184 427 000	191 512 000
Net Income	9 075 000	9 271 000	4 722 000	8 162 000
Total Assets	83 980 000	78 073 000	75 228 000	84 116 000
Total Equity	25 460 000	21 385 000	21 114 000	20 892 000

Income (NOK)	2022	2021	2020	2019
Revenue	207 038 000	183 200 000	184 427 000	191 512 000
Expenditure	194 497 000	171 324 000	177 491 000	180 146 000
Operating Profit	12 541 000	11 877 000	6 936 000	11 365 000
Financial Income	1 387 000	1 200 000	1 614 000	517 000
Financial Costs	2 064 000	1 048 000	2 252 000	998 000
Financial Balance	−677 000	152 000	−638 000	−481 000
Earnings Before Tax	11 864 000	12 029 000	6 298 000	10 885 000
Tax	2 790 000	2 758 000	1 576 000	2 722 000
Net Income	9 075 000	9 271 000	4 722 000	8 162 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 029 000	3 837 000	5 037 000	4 957 000
Total Current Assets	79 951 000	74 237 000	70 191 000	79 158 000
Total Assets	83 980 000	78 073 000	75 228 000	84 116 000
Total Retained Equity	0	0	0	17 893 000
Total Equity	25 460 000	21 385 000	21 114 000	20 892 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	58 520 000	56 688 000	54 114 000	63 224 000
Total Equity and Debt	83 980 000	78 073 000	75 228 000	84 116 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	206 478 000	183 012 000	184 128 000	191 337 000
Other Income	559 000	188 000	299 000	175 000
Revenue	207 038 000	183 200 000	184 427 000	191 512 000
Cost of Goods Sold	152 873 000	132 761 000	137 932 000	141 764 000
Salary Costs	22 188 000	22 893 000	23 241 000	21 441 000
Depreciation	1 257 000	1 586 000	1 895 000	1 875 000
Impairment	0	0	0	0
Expenditure	194 497 000	171 324 000	177 491 000	180 146 000
Operating Profit	12 541 000	11 877 000	6 936 000	11 365 000
Financial Income	1 387 000	1 200 000	1 614 000	517 000
Financial Costs	2 064 000	1 048 000	2 252 000	998 000
Financial Balance	−677 000	152 000	−638 000	−481 000
Dividends	5 000 000	9 000 000	4 500 000	8 000 000
Net Income	9 075 000	9 271 000	4 722 000	8 162 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	638 000	528 000	509 000	449 000
Real Eastate	0	0	0	82 000
Machinery and Plant Facilities	1 017 000	306 000	351 000	4 426 000
Fixtures	0	12 000	47 000	0
Total Tangible Assets	3 391 000	3 308 000	4 528 000	4 508 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 029 000	3 837 000	5 037 000	4 957 000
Stock	24 660 000	19 913 000	18 051 000	20 124 000
Total Investments	0	0	0	0
Cash, Bank	562 000	593 000	583 000	594 000
Total Current Assets	79 951 000	74 237 000	70 191 000	79 158 000
Total Assets	83 980 000	78 073 000	75 228 000	84 116 000
Total Equity	25 460 000	21 385 000	21 114 000	20 892 000
Short-Term Group Debt	0	0	7 364 000	679 000
Total Long-Term Debt	0	0	0	0
Creditors	26 959 000	24 246 000	19 830 000	29 902 000
Unpaid Taxes	11 352 000	11 823 000	12 360 000	12 994 000
Dividends	5 000 000	9 000 000	4 500 000	8 000 000
Other Current Debt	11 114 000	8 814 000	8 483 000	8 244 000
Total Current Debt	58 520 000	56 688 000	54 114 000	63 224 000
Total Equity and Debt	83 980 000	78 073 000	75 228 000	84 116 000

Financial indicators	2022	2021	2020	2019
Return on Equity	35,64 %	43,35 %	22,36 %	39,07 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	6,06 %	6,48 %	3,76 %	5,93 %
Current Ratio	1,37	1,31	1,3	1,25
Quick Ratio	2,36	2,02	1,95	1,84
Equity Ratio	0,3	0,27	0,28	0,25
Gross Profit Margin	26,16 %	27,53 %	25,21 %	25,98 %