AVATAR AS

9950 VARDØ

Finances

Share Ownership

Return on Equity

43,75 %

Current Ratio

2,82

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 689 000	26 000	351 000	0
Net Income	434 000	−81 000	−318 000	−139 000
Total Assets	1 464 000	1 041 000	883 000	1 056 000
Total Equity	992 000	558 000	638 000	956 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 689 000	26 000	351 000	0
Expenditure	1 134 000	102 000	754 000	188 000
Operating Profit	555 000	−77 000	−403 000	−187 000
Financial Income	1 000	0	1 000	3 000
Financial Costs	0	6 000	6 000	1 000
Financial Balance	1 000	−6 000	−5 000	2 000
Earnings Before Tax	557 000	−83 000	−408 000	−186 000
Tax	122 000	−2 000	−90 000	−47 000
Net Income	434 000	−81 000	−318 000	−139 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	129 000	252 000	270 000	180 000
Total Current Assets	1 335 000	789 000	613 000	876 000
Total Assets	1 464 000	1 041 000	883 000	1 056 000
Total Retained Equity	859 000	425 000	505 000	823 000
Total Equity	992 000	558 000	638 000	956 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	473 000	484 000	244 000	100 000
Total Equity and Debt	1 464 000	1 041 000	883 000	1 056 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 686 000	0	351 000	0
Other Income	3 000	26 000	0	0
Revenue	1 689 000	26 000	351 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	930 000	0	0	26 000
Depreciation	0	20 000	0	9 000
Impairment	0	0	0	0
Expenditure	1 134 000	102 000	754 000	188 000
Operating Profit	555 000	−77 000	−403 000	−187 000
Financial Income	1 000	0	1 000	3 000
Financial Costs	0	6 000	6 000	1 000
Financial Balance	1 000	−6 000	−5 000	2 000
Dividends	0	0	0	0
Net Income	434 000	−81 000	−318 000	−139 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	129 000	252 000	250 000	160 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	20 000	20 000
Total Tangible Assets	0	0	20 000	20 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	129 000	252 000	270 000	180 000
Stock	254 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	119 000	460 000	529 000	737 000
Total Current Assets	1 335 000	789 000	613 000	876 000
Total Assets	1 464 000	1 041 000	883 000	1 056 000
Total Equity	992 000	558 000	638 000	956 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	281 000	0	−1 000	0
Dividends	0	0	0	0
Other Current Debt	191 000	484 000	245 000	100 000
Total Current Debt	473 000	484 000	244 000	100 000
Total Equity and Debt	1 464 000	1 041 000	883 000	1 056 000

Financial indicators	2022	2021	2020	2019
Return on Equity	43,75 %	−14,52 %	−49,84 %	−14,54 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	32,86 %	−296,15 %	−114,81 %	-
Current Ratio	2,82	1,63	2,51	8,76
Quick Ratio	6,1	1,63	2,51	8,76
Equity Ratio	0,68	0,54	0,72	0,91
Gross Profit Margin	100 %	100 %	100 %	-