AVDEM GARDSYSTERI AS

2665 LESJA

Finances

Share Ownership

Return on Equity

17,29 %

Current Ratio

2,06

Debt-to-Equity Ratio

1,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 590 000	11 216 000	9 854 000	7 166 000
Net Income	171 000	380 000	210 000	−469 000
Total Assets	3 365 000	3 248 000	2 941 000	3 063 000
Total Equity	989 000	818 000	439 000	228 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 590 000	11 216 000	9 854 000	7 166 000
Expenditure	10 303 000	10 740 000	9 572 000	7 549 000
Operating Profit	287 000	477 000	282 000	−384 000
Financial Income	3 000	1 000	1 000	4 000
Financial Costs	58 000	58 000	73 000	77 000
Financial Balance	−55 000	−57 000	−72 000	−73 000
Earnings Before Tax	232 000	421 000	210 000	−456 000
Tax	60 000	41 000	0	12 000
Net Income	171 000	380 000	210 000	−469 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 071 000	1 191 000	1 383 000	1 610 000
Total Current Assets	2 294 000	2 058 000	1 557 000	1 454 000
Total Assets	3 365 000	3 248 000	2 941 000	3 063 000
Total Retained Equity	489 000	318 000	−61 000	−272 000
Total Equity	989 000	818 000	439 000	228 000
Total Long-Term Debt	1 263 000	1 423 000	1 576 000	1 710 000
Total Current Debt	1 113 000	1 007 000	926 000	1 125 000
Total Equity and Debt	3 365 000	3 248 000	2 941 000	3 063 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 566 000	10 363 000	9 795 000	6 960 000
Other Income	1 024 000	853 000	60 000	206 000
Revenue	10 590 000	11 216 000	9 854 000	7 166 000
Cost of Goods Sold	3 586 000	4 055 000	3 829 000	2 698 000
Salary Costs	4 096 000	4 138 000	3 264 000	2 755 000
Depreciation	253 000	243 000	261 000	178 000
Impairment	0	0	0	0
Expenditure	10 303 000	10 740 000	9 572 000	7 549 000
Operating Profit	287 000	477 000	282 000	−384 000
Financial Income	3 000	1 000	1 000	4 000
Financial Costs	58 000	58 000	73 000	77 000
Financial Balance	−55 000	−57 000	−72 000	−73 000
Dividends	0	0	0	0
Net Income	171 000	380 000	210 000	−469 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	14 000	16 000	17 000	19 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	998 000	1 155 000	1 346 000	1 570 000
Total Tangible Assets	1 012 000	1 171 000	1 363 000	1 589 000
Total Fiancial Fixed Assets	59 000	20 000	20 000	21 000
Total Fixed Assets	1 071 000	1 191 000	1 383 000	1 610 000
Stock	1 275 000	1 317 000	1 062 000	980 000
Total Investments	0	0	0	0
Cash, Bank	706 000	453 000	267 000	252 000
Total Current Assets	2 294 000	2 058 000	1 557 000	1 454 000
Total Assets	3 365 000	3 248 000	2 941 000	3 063 000
Total Equity	989 000	818 000	439 000	228 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 263 000	1 423 000	1 576 000	1 710 000
Creditors	354 000	257 000	269 000	544 000
Unpaid Taxes	229 000	223 000	226 000	188 000
Dividends	0	0	0	0
Other Current Debt	469 000	486 000	431 000	393 000
Total Current Debt	1 113 000	1 007 000	926 000	1 125 000
Total Equity and Debt	3 365 000	3 248 000	2 941 000	3 063 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,29 %	46,45 %	47,84 %	−205,7 %
Debt-to-Equity Ratio	1,28	1,74	3,59	7,5
Operating Profit Margin	2,71 %	4,25 %	2,86 %	−5,36 %
Current Ratio	2,06	2,04	1,68	1,29
Quick Ratio	−14,16	−6,64	−11,45	10,03
Equity Ratio	0,29	0,25	0,15	0,07
Gross Profit Margin	66,14 %	63,85 %	61,14 %	62,35 %