AVANTIDESIGN AS

1339 VØYENENGA

Finances

Share Ownership

Return on Equity

−22,89 %

Current Ratio

1,86

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 652 000	1 484 000	1 214 000	1 318 000
Net Income	−65 000	217 000	143 000	−75 000
Total Assets	587 000	502 000	423 000	200 000
Total Equity	284 000	381 000	164 000	21 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 652 000	1 484 000	1 214 000	1 318 000
Expenditure	1 717 000	1 247 000	1 070 000	1 393 000
Operating Profit	−65 000	237 000	145 000	−75 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−65 000	237 000	145 000	−75 000
Tax	0	20 000	1 000	0
Net Income	−65 000	217 000	143 000	−75 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	26 000	0	0	0
Total Current Assets	561 000	502 000	423 000	200 000
Total Assets	587 000	502 000	423 000	200 000
Total Retained Equity	184 000	281 000	64 000	−79 000
Total Equity	284 000	381 000	164 000	21 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	302 000	120 000	258 000	178 000
Total Equity and Debt	587 000	502 000	423 000	200 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 652 000	1 462 000	1 214 000	1 302 000
Other Income	0	22 000	0	16 000
Revenue	1 652 000	1 484 000	1 214 000	1 318 000
Cost of Goods Sold	873 000	865 000	780 000	837 000
Salary Costs	609 000	274 000	200 000	465 000
Depreciation	2 000	0	0	0
Impairment	0	0	0	0
Expenditure	1 717 000	1 247 000	1 070 000	1 393 000
Operating Profit	−65 000	237 000	145 000	−75 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−65 000	217 000	143 000	−75 000

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	26 000	0	0	0
Total Tangible Assets	26 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	26 000	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	455 000	471 000	384 000	172 000
Total Current Assets	561 000	502 000	423 000	200 000
Total Assets	587 000	502 000	423 000	200 000
Total Equity	284 000	381 000	164 000	21 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	153 000	18 000	38 000	86 000
Unpaid Taxes	92 000	54 000	57 000	36 000
Dividends	0	0	0	0
Other Current Debt	56 000	28 000	162 000	57 000
Total Current Debt	302 000	120 000	258 000	178 000
Total Equity and Debt	587 000	502 000	423 000	200 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−22,89 %	56,96 %	87,2 %	−357,14 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−3,93 %	15,97 %	11,94 %	−5,69 %
Current Ratio	1,86	4,18	1,64	1,12
Quick Ratio	1,86	4,18	1,64	1,12
Equity Ratio	0,48	0,76	0,39	0,11
Gross Profit Margin	47,15 %	41,71 %	35,75 %	36,49 %