ADVICE AS

6150 ØRSTA

Finances

Return on Equity

−9,52 %

Current Ratio

6,03

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 000	0	0	170 000
Net Income	−595 000	567 000	1 142 000	636 000
Total Assets	7 166 000	7 914 000	7 112 000	5 778 000
Total Equity	6 249 000	6 844 000	6 278 000	5 135 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 000	0	0	170 000
Expenditure	91 000	80 000	60 000	155 000
Operating Profit	−89 000	−80 000	−60 000	15 000
Financial Income	388 000	2 014 000	1 536 000	635 000
Financial Costs	894 000	1 367 000	249 000	0
Financial Balance	−506 000	647 000	1 287 000	635 000
Earnings Before Tax	−595 000	567 000	1 226 000	650 000
Tax	0	0	84 000	14 000
Net Income	−595 000	567 000	1 142 000	636 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 631 000	1 631 000	2 912 000	3 047 000
Total Current Assets	5 534 000	6 282 000	4 200 000	2 730 000
Total Assets	7 166 000	7 914 000	7 112 000	5 778 000
Total Retained Equity	3 548 000	4 143 000	3 576 000	2 434 000
Total Equity	6 249 000	6 844 000	6 278 000	5 135 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	917 000	1 070 000	834 000	642 000
Total Equity and Debt	7 166 000	7 914 000	7 112 000	5 778 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	170 000
Other Income	2 000	0	0	0
Revenue	2 000	0	0	170 000
Cost of Goods Sold	11 000	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	91 000	80 000	60 000	155 000
Operating Profit	−89 000	−80 000	−60 000	15 000
Financial Income	388 000	2 014 000	1 536 000	635 000
Financial Costs	894 000	1 367 000	249 000	0
Financial Balance	−506 000	647 000	1 287 000	635 000
Dividends	0	0	0	0
Net Income	−595 000	567 000	1 142 000	636 000

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	1 631 000	1 631 000	2 912 000	3 047 000
Total Fixed Assets	1 631 000	1 631 000	2 912 000	3 047 000
Stock	0	0	0	0
Total Investments	5 494 000	6 211 000	3 984 000	0
Cash, Bank	41 000	71 000	213 000	2 730 000
Total Current Assets	5 534 000	6 282 000	4 200 000	2 730 000
Total Assets	7 166 000	7 914 000	7 112 000	5 778 000
Total Equity	6 249 000	6 844 000	6 278 000	5 135 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	86 000	46 000	2 000	45 000
Unpaid Taxes	0	0	0	24 000
Dividends	0	0	0	0
Other Current Debt	814 000	802 000	747 000	559 000
Total Current Debt	917 000	1 070 000	834 000	642 000
Total Equity and Debt	7 166 000	7 914 000	7 112 000	5 778 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−9,52 %	8,28 %	18,19 %	12,39 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−4 450 %	-	-	8,82 %
Current Ratio	6,03	5,87	5,04	4,25
Quick Ratio	6,03	5,87	5,04	4,25
Equity Ratio	0,87	0,86	0,88	0,89
Gross Profit Margin	−450 %	-	-	100 %