AVALON NORWAY AS

4007 STAVANGER

Finances

Share Ownership

Return on Equity

93,84 %

Current Ratio

0,73

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 275 000	3 751 000	4 577 000	2 841 000
Net Income	1 523 000	2 205 000	2 328 000	1 033 000
Total Assets	4 908 000	5 112 000	3 326 000	2 043 000
Total Equity	1 623 000	100 000	2 428 000	572 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 275 000	3 751 000	4 577 000	2 841 000
Expenditure	1 358 000	853 000	1 632 000	1 527 000
Operating Profit	1 917 000	2 899 000	2 945 000	1 313 000
Financial Income	0	−12 000	14 000	3 000
Financial Costs	0	0	17 000	3 000
Financial Balance	0	−12 000	−3 000	0
Earnings Before Tax	1 917 000	2 886 000	2 941 000	1 314 000
Tax	394 000	681 000	613 000	281 000
Net Income	1 523 000	2 205 000	2 328 000	1 033 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 518 000	1 483 000	1 173 000	0
Total Current Assets	2 390 000	3 629 000	2 154 000	2 043 000
Total Assets	4 908 000	5 112 000	3 326 000	2 043 000
Total Retained Equity	1 523 000	0	2 328 000	472 000
Total Equity	1 623 000	100 000	2 428 000	572 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 285 000	5 012 000	898 000	1 472 000
Total Equity and Debt	4 908 000	5 112 000	3 326 000	2 043 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 275 000	3 751 000	4 577 000	2 841 000
Other Income	0	0	0	0
Revenue	3 275 000	3 751 000	4 577 000	2 841 000
Cost of Goods Sold	0	0	0	1 000
Salary Costs	312 000	256 000	948 000	1 066 000
Depreciation	669 000	386 000	177 000	0
Impairment	0	0	0	0
Expenditure	1 358 000	853 000	1 632 000	1 527 000
Operating Profit	1 917 000	2 899 000	2 945 000	1 313 000
Financial Income	0	−12 000	14 000	3 000
Financial Costs	0	0	17 000	3 000
Financial Balance	0	−12 000	−3 000	0
Dividends	0	4 533 000	472 000	600 000
Net Income	1 523 000	2 205 000	2 328 000	1 033 000

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	2 518 000	1 483 000	1 173 000	0
Total Tangible Assets	2 518 000	1 483 000	1 173 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 518 000	1 483 000	1 173 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 588 000	1 859 000	262 000	858 000
Total Current Assets	2 390 000	3 629 000	2 154 000	2 043 000
Total Assets	4 908 000	5 112 000	3 326 000	2 043 000
Total Equity	1 623 000	100 000	2 428 000	572 000
Short-Term Group Debt	2 712 000	0	0	3 000
Total Long-Term Debt	0	0	0	0
Creditors	82 000	13 000	2 000	172 000
Unpaid Taxes	16 000	16 000	179 000	322 000
Dividends	0	4 533 000	472 000	600 000
Other Current Debt	82 000	2 090 000	104 000	94 000
Total Current Debt	3 285 000	5 012 000	898 000	1 472 000
Total Equity and Debt	4 908 000	5 112 000	3 326 000	2 043 000

Financial indicators	2022	2021	2020	2019
Return on Equity	93,84 %	2 205 %	95,88 %	180,59 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	58,53 %	77,29 %	64,34 %	46,22 %
Current Ratio	0,73	0,72	2,4	1,39
Quick Ratio	0,73	0,72	2,4	1,39
Equity Ratio	0,33	0,02	0,73	0,28
Gross Profit Margin	100 %	100 %	100 %	99,96 %