AVALON DIGITAL MEDIA AS

1407 VINTERBRO

Finances

Share Ownership

Return on Equity

11,5 %

Current Ratio

5,1

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	59 000	58 000	12 000	0
Net Income	13 000	25 000	8 000	−4 000
Total Assets	132 000	162 000	84 000	76 000
Total Equity	113 000	100 000	74 000	66 000

Income (NOK)	2022	2021	2020	2019
Revenue	59 000	58 000	12 000	0
Expenditure	46 000	33 000	3 000	4 000
Operating Profit	13 000	25 000	8 000	−4 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	13 000	25 000	8 000	−4 000
Tax	0	0	0	0
Net Income	13 000	25 000	8 000	−4 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	30 000	38 000	14 000	17 000
Total Current Assets	102 000	124 000	70 000	59 000
Total Assets	132 000	162 000	84 000	76 000
Total Retained Equity	−87 000	−100 000	−126 000	−134 000
Total Equity	113 000	100 000	74 000	66 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	20 000	62 000	10 000	10 000
Total Equity and Debt	132 000	162 000	84 000	76 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	59 000	58 000	12 000	0
Other Income	0	0	0	0
Revenue	59 000	58 000	12 000	0
Cost of Goods Sold	14 000	0	0	0
Salary Costs	0	0	0	0
Depreciation	8 000	14 000	3 000	4 000
Impairment	0	0	0	0
Expenditure	46 000	33 000	3 000	4 000
Operating Profit	13 000	25 000	8 000	−4 000
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	13 000	25 000	8 000	−4 000

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	30 000	38 000	0	0
Fixtures	0	0	14 000	17 000
Total Tangible Assets	30 000	38 000	14 000	17 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	30 000	38 000	14 000	17 000
Stock	13 000	13 000	13 000	13 000
Total Investments	0	0	0	0
Cash, Bank	75 000	100 000	58 000	46 000
Total Current Assets	102 000	124 000	70 000	59 000
Total Assets	132 000	162 000	84 000	76 000
Total Equity	113 000	100 000	74 000	66 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 000	48 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	18 000	14 000	10 000	10 000
Total Current Debt	20 000	62 000	10 000	10 000
Total Equity and Debt	132 000	162 000	84 000	76 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,5 %	25 %	10,81 %	−6,06 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	22,03 %	43,1 %	66,67 %	-
Current Ratio	5,1	2	7	5,9
Quick Ratio	14,57	2,53	−23,33	−19,67
Equity Ratio	0,86	0,62	0,88	0,87
Gross Profit Margin	76,27 %	100 %	100 %	-