AVOCET AS

4007 STAVANGER

Finances

Return on Equity

0,95 %

Current Ratio

0,08

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 255 000	13 127 000	18 000 000	4 800 000
Net Income	11 467 000	10 935 000	16 304 000	2 883 000
Total Assets	1 349 424 000	1 364 952 000	1 340 716 000	1 345 822 000
Total Equity	1 203 715 000	1 233 548 000	1 252 613 000	1 266 309 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 255 000	13 127 000	18 000 000	4 800 000
Expenditure	718 000	622 000	602 000	588 000
Operating Profit	13 537 000	12 505 000	17 397 000	4 212 000
Financial Income	73 000	29 000	22 000	52 000
Financial Costs	2 293 000	1 900 000	1 593 000	1 882 000
Financial Balance	−2 220 000	−1 871 000	−1 571 000	−1 830 000
Earnings Before Tax	11 316 000	10 634 000	15 826 000	2 382 000
Tax	−150 000	−300 000	−478 000	−500 000
Net Income	11 467 000	10 935 000	16 304 000	2 883 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 337 185 000	1 337 035 000	1 336 734 000	1 336 256 000
Total Current Assets	12 239 000	27 917 000	3 982 000	9 566 000
Total Assets	1 349 424 000	1 364 952 000	1 340 716 000	1 345 822 000
Total Retained Equity	1 090 165 000	1 079 998 000	1 069 563 000	1 053 959 000
Total Equity	1 203 715 000	1 233 548 000	1 252 613 000	1 266 309 000
Total Long-Term Debt	0	0	58 000 000	60 000 000
Total Current Debt	145 709 000	131 403 000	30 103 000	19 514 000
Total Equity and Debt	1 349 424 000	1 364 952 000	1 340 716 000	1 345 822 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	14 255 000	13 127 000	18 000 000	4 800 000
Revenue	14 255 000	13 127 000	18 000 000	4 800 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	718 000	622 000	602 000	588 000
Operating Profit	13 537 000	12 505 000	17 397 000	4 212 000
Financial Income	73 000	29 000	22 000	52 000
Financial Costs	2 293 000	1 900 000	1 593 000	1 882 000
Financial Balance	−2 220 000	−1 871 000	−1 571 000	−1 830 000
Dividends	41 300 000	30 000 000	30 000 000	19 300 000
Net Income	11 467 000	10 935 000	16 304 000	2 883 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	6 100 000	5 950 000	5 649 000	5 171 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	1 331 085 000	1 331 085 000	1 331 085 000	1 331 085 000
Total Fixed Assets	1 337 185 000	1 337 035 000	1 336 734 000	1 336 256 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	15 782 000	3 982 000	4 766 000
Total Current Assets	12 239 000	27 917 000	3 982 000	9 566 000
Total Assets	1 349 424 000	1 364 952 000	1 340 716 000	1 345 822 000
Total Equity	1 203 715 000	1 233 548 000	1 252 613 000	1 266 309 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	58 000 000	60 000 000
Creditors	31 000	135 000	0	24 000
Unpaid Taxes	0	0	0	0
Dividends	41 300 000	30 000 000	30 000 000	19 300 000
Other Current Debt	103 313 000	101 269 000	103 000	189 000
Total Current Debt	145 709 000	131 403 000	30 103 000	19 514 000
Total Equity and Debt	1 349 424 000	1 364 952 000	1 340 716 000	1 345 822 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,95 %	0,89 %	1,3 %	0,23 %
Debt-to-Equity Ratio	0	0	0,05	0,05
Operating Profit Margin	94,96 %	95,26 %	96,65 %	87,75 %
Current Ratio	0,08	0,21	0,13	0,49
Quick Ratio	0,08	0,21	0,13	0,49
Equity Ratio	0,89	0,9	0,93	0,94
Gross Profit Margin	100 %	100 %	100 %	100 %