ADVANIA NORGE 51 AS

1930 AURSKOG

Finances

Share Ownership

Return on Equity

63,64 %

Current Ratio

1,42

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	67 347 000	59 042 000	34 086 000	30 341 000
Net Income	8 212 000	6 900 000	3 687 000	3 974 000
Total Assets	41 105 000	31 487 000	14 485 000	19 590 000
Total Equity	12 904 000	13 410 000	7 713 000	10 526 000

Income (NOK)	2022	2021	2020	2019
Revenue	67 347 000	59 042 000	34 086 000	30 341 000
Expenditure	57 137 000	50 245 000	29 507 000	25 676 000
Operating Profit	10 210 000	8 797 000	4 579 000	4 665 000
Financial Income	320 000	46 000	251 000	399 000
Financial Costs	2 000	139 000	34 000	3 000
Financial Balance	318 000	−93 000	217 000	396 000
Earnings Before Tax	10 528 000	8 704 000	4 796 000	5 061 000
Tax	2 316 000	1 803 000	1 109 000	1 086 000
Net Income	8 212 000	6 900 000	3 687 000	3 974 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 022 000	1 593 000	2 407 000	2 845 000
Total Current Assets	40 083 000	29 894 000	12 078 000	16 744 000
Total Assets	41 105 000	31 487 000	14 485 000	19 590 000
Total Retained Equity	9 902 000	10 410 000	7 357 000	10 170 000
Total Equity	12 904 000	13 410 000	7 713 000	10 526 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	28 201 000	18 077 000	6 772 000	9 064 000
Total Equity and Debt	41 105 000	31 487 000	14 485 000	19 590 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	65 612 000	59 018 000	33 868 000	30 203 000
Other Income	1 735 000	24 000	218 000	138 000
Revenue	67 347 000	59 042 000	34 086 000	30 341 000
Cost of Goods Sold	30 446 000	21 128 000	10 866 000	10 255 000
Salary Costs	21 604 000	20 998 000	14 016 000	11 153 000
Depreciation	885 000	1 124 000	1 218 000	1 086 000
Impairment	0	0	0	0
Expenditure	57 137 000	50 245 000	29 507 000	25 676 000
Operating Profit	10 210 000	8 797 000	4 579 000	4 665 000
Financial Income	320 000	46 000	251 000	399 000
Financial Costs	2 000	139 000	34 000	3 000
Financial Balance	318 000	−93 000	217 000	396 000
Dividends	0	0	6 500 000	3 500 000
Net Income	8 212 000	6 900 000	3 687 000	3 974 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	362 000	219 000	0	0
Real Eastate	0	0	0	33 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	660 000	1 374 000	2 407 000	2 802 000
Total Tangible Assets	660 000	1 374 000	2 407 000	2 835 000
Total Fiancial Fixed Assets	0	0	0	10 000
Total Fixed Assets	1 022 000	1 593 000	2 407 000	2 845 000
Stock	8 000	120 000	209 000	228 000
Total Investments	0	0	0	679 000
Cash, Bank	25 937 000	20 114 000	7 618 000	12 623 000
Total Current Assets	40 083 000	29 894 000	12 078 000	16 744 000
Total Assets	41 105 000	31 487 000	14 485 000	19 590 000
Total Equity	12 904 000	13 410 000	7 713 000	10 526 000
Short-Term Group Debt	11 179 000	9 118 000	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 247 000	2 612 000	900 000	1 031 000
Unpaid Taxes	10 443 000	2 859 000	2 142 000	1 736 000
Dividends	0	0	6 500 000	3 500 000
Other Current Debt	4 332 000	3 488 000	2 621 000	1 711 000
Total Current Debt	28 201 000	18 077 000	6 772 000	9 064 000
Total Equity and Debt	41 105 000	31 487 000	14 485 000	19 590 000

Financial indicators	2022	2021	2020	2019
Return on Equity	63,64 %	51,45 %	47,8 %	37,75 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	15,16 %	14,9 %	13,43 %	15,38 %
Current Ratio	1,42	1,65	1,78	1,85
Quick Ratio	1,42	1,66	1,84	1,89
Equity Ratio	0,31	0,43	0,53	0,54
Gross Profit Margin	54,79 %	64,22 %	68,12 %	66,2 %