AV SYSTEMDESIGN AS

4007 STAVANGER

Finances

Share Ownership

Return on Equity

−345,95 %

Current Ratio

2,06

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	923 000	2 027 000	1 689 000	1 659 000
Net Income	−384 000	198 000	−24 000	−202 000
Total Assets	218 000	644 000	463 000	542 000
Total Equity	111 000	496 000	298 000	322 000

Income (NOK)	2022	2021	2020	2019
Revenue	923 000	2 027 000	1 689 000	1 659 000
Expenditure	1 305 000	1 825 000	1 712 000	1 862 000
Operating Profit	−383 000	202 000	−23 000	−203 000
Financial Income	0	1 000	0	1 000
Financial Costs	2 000	4 000	2 000	0
Financial Balance	−2 000	−3 000	−2 000	1 000
Earnings Before Tax	−384 000	198 000	−24 000	−202 000
Tax	0	0	0	0
Net Income	−384 000	198 000	−24 000	−202 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	24 000
Total Current Assets	218 000	644 000	463 000	518 000
Total Assets	218 000	644 000	463 000	542 000
Total Retained Equity	11 000	396 000	198 000	222 000
Total Equity	111 000	496 000	298 000	322 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	106 000	149 000	166 000	220 000
Total Equity and Debt	218 000	644 000	463 000	542 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	923 000	2 027 000	1 689 000	1 659 000
Other Income	0	0	0	1 000
Revenue	923 000	2 027 000	1 689 000	1 659 000
Cost of Goods Sold	516 000	1 062 000	747 000	841 000
Salary Costs	626 000	599 000	761 000	852 000
Depreciation	0	0	24 000	32 000
Impairment	0	0	0	0
Expenditure	1 305 000	1 825 000	1 712 000	1 862 000
Operating Profit	−383 000	202 000	−23 000	−203 000
Financial Income	0	1 000	0	1 000
Financial Costs	2 000	4 000	2 000	0
Financial Balance	−2 000	−3 000	−2 000	1 000
Dividends	0	0	0	0
Net Income	−384 000	198 000	−24 000	−202 000

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	0	0	0	24 000
Total Tangible Assets	0	0	0	24 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	24 000
Stock	50 000	60 000	70 000	56 000
Total Investments	0	0	0	0
Cash, Bank	166 000	414 000	341 000	223 000
Total Current Assets	218 000	644 000	463 000	518 000
Total Assets	218 000	644 000	463 000	542 000
Total Equity	111 000	496 000	298 000	322 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	6 000	31 000	30 000	79 000
Unpaid Taxes	39 000	65 000	53 000	45 000
Dividends	0	0	0	0
Other Current Debt	61 000	53 000	83 000	96 000
Total Current Debt	106 000	149 000	166 000	220 000
Total Equity and Debt	218 000	644 000	463 000	542 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−345,95 %	39,92 %	−8,05 %	−62,73 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−41,5 %	9,97 %	−1,36 %	−12,24 %
Current Ratio	2,06	4,32	2,79	2,35
Quick Ratio	3,89	7,24	4,82	3,16
Equity Ratio	0,51	0,77	0,64	0,59
Gross Profit Margin	44,1 %	47,61 %	55,77 %	49,31 %