AVENUE INVEST AS

1351 RUD

Finances

Return on Equity

3,72 %

Current Ratio

0,3

Debt-to-Equity Ratio

0,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 006 000	4 000	125 000	300 000
Net Income	8 471 000	−580 000	−2 491 000	−7 295 000
Total Assets	302 623 000	296 459 000	288 725 000	288 061 000
Total Equity	227 452 000	218 981 000	219 561 000	222 052 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 006 000	4 000	125 000	300 000
Expenditure	516 000	129 000	2 182 000	6 102 000
Operating Profit	9 490 000	−125 000	−2 056 000	−5 801 000
Financial Income	367 000	200 000	119 000	10 000
Financial Costs	1 386 000	655 000	554 000	1 503 000
Financial Balance	−1 019 000	−455 000	−435 000	−1 493 000
Earnings Before Tax	8 471 000	−580 000	−2 491 000	−7 295 000
Tax	0	0	0	0
Net Income	8 471 000	−580 000	−2 491 000	−7 295 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	296 983 000	293 917 000	287 622 000	283 086 000
Total Current Assets	5 640 000	2 542 000	1 103 000	4 975 000
Total Assets	302 623 000	296 459 000	288 725 000	288 061 000
Total Retained Equity	221 327 000	212 856 000	213 436 000	215 927 000
Total Equity	227 452 000	218 981 000	219 561 000	222 052 000
Total Long-Term Debt	56 459 000	59 954 000	52 177 000	49 216 000
Total Current Debt	18 713 000	17 525 000	16 987 000	16 793 000
Total Equity and Debt	302 623 000	296 459 000	288 725 000	288 061 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 006 000	0	125 000	300 000
Other Income	0	4 000	0	0
Revenue	10 006 000	4 000	125 000	300 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	16 000	551 000	1 624 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	516 000	129 000	2 182 000	6 102 000
Operating Profit	9 490 000	−125 000	−2 056 000	−5 801 000
Financial Income	367 000	200 000	119 000	10 000
Financial Costs	1 386 000	655 000	554 000	1 503 000
Financial Balance	−1 019 000	−455 000	−435 000	−1 493 000
Dividends	0	0	0	0
Net Income	8 471 000	−580 000	−2 491 000	−7 295 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	296 983 000	293 917 000	287 622 000	283 086 000
Total Fixed Assets	296 983 000	293 917 000	287 622 000	283 086 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 861 000	1 715 000	280 000	4 176 000
Total Current Assets	5 640 000	2 542 000	1 103 000	4 975 000
Total Assets	302 623 000	296 459 000	288 725 000	288 061 000
Total Equity	227 452 000	218 981 000	219 561 000	222 052 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	56 459 000	59 954 000	52 177 000	49 216 000
Creditors	1 756 000	1 967 000	1 946 000	1 916 000
Unpaid Taxes	0	0	9 000	107 000
Dividends	0	0	0	0
Other Current Debt	16 957 000	15 558 000	15 032 000	14 770 000
Total Current Debt	18 713 000	17 525 000	16 987 000	16 793 000
Total Equity and Debt	302 623 000	296 459 000	288 725 000	288 061 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,72 %	−0,26 %	−1,13 %	−3,29 %
Debt-to-Equity Ratio	0,25	0,27	0,24	0,22
Operating Profit Margin	94,84 %	−3 125 %	−1 644,8 %	−1 933,67 %
Current Ratio	0,3	0,15	0,06	0,3
Quick Ratio	0,3	0,15	0,06	0,3
Equity Ratio	0,75	0,74	0,76	0,77
Gross Profit Margin	100 %	100 %	100 %	100 %