AVANT-GARDEN AS

7061 TRONDHEIM

Finances

Share Ownership

Return on Equity

171,25 %

Current Ratio

1,65

Debt-to-Equity Ratio

−3,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	606 000	723 000	887 000	837 000
Net Income	−137 000	−36 000	41 000	−150 000
Total Assets	233 000	427 000	494 000	643 000
Total Equity	−80 000	57 000	93 000	52 000

Income (NOK)	2022	2021	2020	2019
Revenue	606 000	723 000	887 000	837 000
Expenditure	713 000	728 000	803 000	961 000
Operating Profit	−107 000	−4 000	84 000	−124 000
Financial Income	0	0	0	0
Financial Costs	31 000	32 000	43 000	26 000
Financial Balance	−31 000	−32 000	−43 000	−26 000
Earnings Before Tax	−137 000	−36 000	41 000	−150 000
Tax	0	0	0	0
Net Income	−137 000	−36 000	41 000	−150 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	129 000	189 000	248 000	322 000
Total Current Assets	104 000	238 000	246 000	321 000
Total Assets	233 000	427 000	494 000	643 000
Total Retained Equity	−2 480 000	−2 343 000	−2 307 000	−2 348 000
Total Equity	−80 000	57 000	93 000	52 000
Total Long-Term Debt	250 000	296 000	363 000	517 000
Total Current Debt	63 000	73 000	38 000	74 000
Total Equity and Debt	233 000	427 000	494 000	643 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	606 000	723 000	834 000	837 000
Other Income	0	0	53 000	0
Revenue	606 000	723 000	887 000	837 000
Cost of Goods Sold	219 000	152 000	96 000	224 000
Salary Costs	57 000	94 000	141 000	246 000
Depreciation	60 000	60 000	69 000	89 000
Impairment	0	0	0	0
Expenditure	713 000	728 000	803 000	961 000
Operating Profit	−107 000	−4 000	84 000	−124 000
Financial Income	0	0	0	0
Financial Costs	31 000	32 000	43 000	26 000
Financial Balance	−31 000	−32 000	−43 000	−26 000
Dividends	0	0	0	0
Net Income	−137 000	−36 000	41 000	−150 000

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	129 000	189 000	248 000	322 000
Total Tangible Assets	129 000	189 000	248 000	322 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	129 000	189 000	248 000	322 000
Stock	24 000	101 000	137 000	49 000
Total Investments	0	0	0	0
Cash, Bank	32 000	37 000	43 000	229 000
Total Current Assets	104 000	238 000	246 000	321 000
Total Assets	233 000	427 000	494 000	643 000
Total Equity	−80 000	57 000	93 000	52 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	250 000	296 000	363 000	517 000
Creditors	42 000	52 000	13 000	48 000
Unpaid Taxes	18 000	15 000	25 000	26 000
Dividends	0	0	0	0
Other Current Debt	3 000	6 000	0	0
Total Current Debt	63 000	73 000	38 000	74 000
Total Equity and Debt	233 000	427 000	494 000	643 000

Financial indicators	2022	2021	2020	2019
Return on Equity	171,25 %	−63,16 %	44,09 %	−288,46 %
Debt-to-Equity Ratio	−3,13	5,19	3,9	9,94
Operating Profit Margin	−17,66 %	−0,55 %	9,47 %	−14,81 %
Current Ratio	1,65	3,26	6,47	4,34
Quick Ratio	2,67	−8,5	−2,48	12,84
Equity Ratio	−0,34	0,13	0,19	0,08
Gross Profit Margin	63,86 %	78,98 %	89,18 %	73,24 %