AVO NO AS

4640 SØGNE

Finances

Return on Equity

−19,5 %

Current Ratio

1,57

Debt-to-Equity Ratio

3,24

Key figures (NOK)	2022	2021	2020	2019
Revenue	145 000	143 000	137 000	547 000
Net Income	−116 000	−63 000	−73 000	−910 000
Total Assets	2 634 000	2 705 000	2 767 000	2 830 000
Total Equity	595 000	710 000	774 000	847 000

Income (NOK)	2022	2021	2020	2019
Revenue	145 000	143 000	137 000	547 000
Expenditure	161 000	135 000	132 000	287 000
Operating Profit	−16 000	8 000	4 000	−823 000
Financial Income	0	0	0	0
Financial Costs	100 000	71 000	78 000	87 000
Financial Balance	−100 000	−71 000	−78 000	−87 000
Earnings Before Tax	−116 000	−63 000	−73 000	−910 000
Tax	0	0	0	0
Net Income	−116 000	−63 000	−73 000	−910 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 460 000	2 520 000	2 580 000	2 640 000
Total Current Assets	174 000	185 000	187 000	190 000
Total Assets	2 634 000	2 705 000	2 767 000	2 830 000
Total Retained Equity	485 000	600 000	664 000	737 000
Total Equity	595 000	710 000	774 000	847 000
Total Long-Term Debt	1 927 000	1 951 000	1 971 000	1 954 000
Total Current Debt	111 000	44 000	22 000	28 000
Total Equity and Debt	2 634 000	2 705 000	2 767 000	2 830 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	400 000
Other Income	145 000	143 000	137 000	147 000
Revenue	145 000	143 000	137 000	547 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	60 000	60 000	60 000	65 000
Impairment	0	0	0	0
Expenditure	161 000	135 000	132 000	287 000
Operating Profit	−16 000	8 000	4 000	−823 000
Financial Income	0	0	0	0
Financial Costs	100 000	71 000	78 000	87 000
Financial Balance	−100 000	−71 000	−78 000	−87 000
Dividends	0	0	0	0
Net Income	−116 000	−63 000	−73 000	−910 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 460 000	2 520 000	2 580 000	2 640 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 460 000	2 520 000	2 580 000	2 640 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 460 000	2 520 000	2 580 000	2 640 000
Stock	172 000	172 000	172 000	172 000
Total Investments	0	0	0	0
Cash, Bank	1 000	0	2 000	0
Total Current Assets	174 000	185 000	187 000	190 000
Total Assets	2 634 000	2 705 000	2 767 000	2 830 000
Total Equity	595 000	710 000	774 000	847 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 927 000	1 951 000	1 971 000	1 954 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	111 000	44 000	22 000	28 000
Total Current Debt	111 000	44 000	22 000	28 000
Total Equity and Debt	2 634 000	2 705 000	2 767 000	2 830 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−19,5 %	−8,87 %	−9,43 %	−107,44 %
Debt-to-Equity Ratio	3,24	2,75	2,55	2,31
Operating Profit Margin	−11,03 %	5,59 %	2,92 %	−150,46 %
Current Ratio	1,57	4,2	8,5	6,79
Quick Ratio	−2,85	−1,45	−1,25	−1,32
Equity Ratio	0,23	0,26	0,28	0,3
Gross Profit Margin	100 %	100 %	100 %	100 %