AVAB NORGE AS

2618 LILLEHAMMER

Finances

Return on Equity

36,48 %

Current Ratio

2,06

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	1 120 000	1 207 000	−1 172 000	−1 049 000
Total Assets	4 144 000	3 537 000	2 459 000	3 610 000
Total Equity	3 070 000	2 710 000	1 503 000	2 855 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	114 000	62 000	138 000	52 000
Operating Profit	−115 000	−62 000	−138 000	−51 000
Financial Income	1 235 000	1 271 000	1 000	20 000
Financial Costs	0	2 000	1 047 000	1 025 000
Financial Balance	1 235 000	1 269 000	−1 046 000	−1 005 000
Earnings Before Tax	1 120 000	1 207 000	−1 184 000	−1 056 000
Tax	0	0	−12 000	−7 000
Net Income	1 120 000	1 207 000	−1 172 000	−1 049 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 935 000	737 000	1 123 000	2 172 000
Total Current Assets	2 209 000	2 800 000	1 336 000	1 438 000
Total Assets	4 144 000	3 537 000	2 459 000	3 610 000
Total Retained Equity	2 860 000	2 500 000	1 293 000	2 645 000
Total Equity	3 070 000	2 710 000	1 503 000	2 855 000
Total Long-Term Debt	0	0	0	12 000
Total Current Debt	1 074 000	827 000	957 000	743 000
Total Equity and Debt	4 144 000	3 537 000	2 459 000	3 610 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	93 000	0
Salary Costs	0	0	0	0
Depreciation	21 000	12 000	12 000	12 000
Impairment	0	0	0	0
Expenditure	114 000	62 000	138 000	52 000
Operating Profit	−115 000	−62 000	−138 000	−51 000
Financial Income	1 235 000	1 271 000	1 000	20 000
Financial Costs	0	2 000	1 047 000	1 025 000
Financial Balance	1 235 000	1 269 000	−1 046 000	−1 005 000
Dividends	760 000	0	180 000	0
Net Income	1 120 000	1 207 000	−1 172 000	−1 049 000

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	193 000	0	12 000	24 000
Total Tangible Assets	193 000	0	12 000	24 000
Total Fiancial Fixed Assets	1 743 000	737 000	1 112 000	2 148 000
Total Fixed Assets	1 935 000	737 000	1 123 000	2 172 000
Stock	0	0	0	93 000
Total Investments	10 000	10 000	12 000	77 000
Cash, Bank	2 085 000	1 858 000	211 000	213 000
Total Current Assets	2 209 000	2 800 000	1 336 000	1 438 000
Total Assets	4 144 000	3 537 000	2 459 000	3 610 000
Total Equity	3 070 000	2 710 000	1 503 000	2 855 000
Short-Term Group Debt	1 029 000	827 000	777 000	743 000
Total Long-Term Debt	0	0	0	12 000
Creditors	45 000	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	760 000	0	180 000	0
Other Current Debt	0	0	0	0
Total Current Debt	1 074 000	827 000	957 000	743 000
Total Equity and Debt	4 144 000	3 537 000	2 459 000	3 610 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,48 %	44,54 %	−77,98 %	−36,74 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	2,06	3,39	1,4	1,94
Quick Ratio	2,06	3,39	1,4	2,21
Equity Ratio	0,74	0,77	0,61	0,79
Gross Profit Margin	-	-	-	-