COPERNICUS AVALON AS

7374 RØROS

Finances

Share Ownership

Return on Equity

−32,65 %

Current Ratio

2,54

Debt-to-Equity Ratio

0,31

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 016 000	6 085 000	5 657 000	5 902 000
Net Income	−271 000	183 000	180 000	183 000
Total Assets	1 757 000	2 134 000	1 860 000	1 819 000
Total Equity	830 000	1 101 000	938 000	774 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 016 000	6 085 000	5 657 000	5 902 000
Expenditure	5 365 000	5 841 000	5 415 000	5 665 000
Operating Profit	−348 000	244 000	242 000	237 000
Financial Income	3 000	3 000	3 000	4 000
Financial Costs	1 000	10 000	12 000	3 000
Financial Balance	2 000	−7 000	−9 000	1 000
Earnings Before Tax	−347 000	237 000	233 000	238 000
Tax	−76 000	54 000	53 000	54 000
Net Income	−271 000	183 000	180 000	183 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	65 000	18 000	27 000	36 000
Total Current Assets	1 691 000	2 116 000	1 834 000	1 783 000
Total Assets	1 757 000	2 134 000	1 860 000	1 819 000
Total Retained Equity	730 000	1 001 000	838 000	674 000
Total Equity	830 000	1 101 000	938 000	774 000
Total Long-Term Debt	259 000	271 000	278 000	285 000
Total Current Debt	667 000	762 000	645 000	760 000
Total Equity and Debt	1 757 000	2 134 000	1 860 000	1 819 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 018 000	5 934 000	5 606 000	5 901 000
Other Income	−2 000	152 000	51 000	1 000
Revenue	5 016 000	6 085 000	5 657 000	5 902 000
Cost of Goods Sold	2 438 000	2 665 000	2 629 000	2 666 000
Salary Costs	2 091 000	2 196 000	1 830 000	2 183 000
Depreciation	9 000	9 000	10 000	14 000
Impairment	0	0	0	0
Expenditure	5 365 000	5 841 000	5 415 000	5 665 000
Operating Profit	−348 000	244 000	242 000	237 000
Financial Income	3 000	3 000	3 000	4 000
Financial Costs	1 000	10 000	12 000	3 000
Financial Balance	2 000	−7 000	−9 000	1 000
Dividends	0	0	0	0
Net Income	−271 000	183 000	180 000	183 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	56 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	10 000	18 000	27 000	36 000
Total Tangible Assets	10 000	18 000	27 000	36 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	65 000	18 000	27 000	36 000
Stock	1 037 000	1 116 000	1 045 000	887 000
Total Investments	0	0	0	0
Cash, Bank	602 000	966 000	763 000	868 000
Total Current Assets	1 691 000	2 116 000	1 834 000	1 783 000
Total Assets	1 757 000	2 134 000	1 860 000	1 819 000
Total Equity	830 000	1 101 000	938 000	774 000
Short-Term Group Debt	0	24 000	21 000	16 000
Total Long-Term Debt	259 000	271 000	278 000	285 000
Creditors	188 000	140 000	173 000	89 000
Unpaid Taxes	219 000	292 000	192 000	375 000
Dividends	0	0	0	0
Other Current Debt	259 000	255 000	207 000	222 000
Total Current Debt	667 000	762 000	645 000	760 000
Total Equity and Debt	1 757 000	2 134 000	1 860 000	1 819 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−32,65 %	16,62 %	19,19 %	23,64 %
Debt-to-Equity Ratio	0,31	0,25	0,3	0,37
Operating Profit Margin	−6,94 %	4,01 %	4,28 %	4,02 %
Current Ratio	2,54	2,78	2,84	2,35
Quick Ratio	−4,57	−5,98	−4,59	−14,04
Equity Ratio	0,47	0,52	0,5	0,43
Gross Profit Margin	51,4 %	56,2 %	53,53 %	54,83 %