AVALG AS

3430 SPIKKESTAD

Finances

Return on Equity

101,4 %

Current Ratio

2,22

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	100 000	1 727 000	1 074 000	0
Net Income	1 090 000	319 000	256 000	−25 000
Total Assets	1 638 000	1 050 000	1 588 000	363 000
Total Equity	1 075 000	485 000	566 000	309 000

Income (NOK)	2022	2021	2020	2019
Revenue	100 000	1 727 000	1 074 000	0
Expenditure	526 000	1 317 000	753 000	25 000
Operating Profit	−426 000	411 000	321 000	−25 000
Financial Income	1 514 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	1 514 000	0	0	0
Earnings Before Tax	1 088 000	410 000	321 000	−25 000
Tax	−2 000	91 000	65 000	0
Net Income	1 090 000	319 000	256 000	−25 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	385 000	82 000	371 000	357 000
Total Current Assets	1 254 000	968 000	1 217 000	5 000
Total Assets	1 638 000	1 050 000	1 588 000	363 000
Total Retained Equity	975 000	385 000	466 000	209 000
Total Equity	1 075 000	485 000	566 000	309 000
Total Long-Term Debt	0	2 000	709 000	21 000
Total Current Debt	564 000	564 000	314 000	32 000
Total Equity and Debt	1 638 000	1 050 000	1 588 000	363 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	285 000	1 884 000	475 000	0
Other Income	−185 000	−157 000	599 000	0
Revenue	100 000	1 727 000	1 074 000	0
Cost of Goods Sold	18 000	972 000	705 000	0
Salary Costs	415 000	189 000	0	0
Depreciation	6 000	6 000	4 000	0
Impairment	0	0	0	0
Expenditure	526 000	1 317 000	753 000	25 000
Operating Profit	−426 000	411 000	321 000	−25 000
Financial Income	1 514 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	1 514 000	0	0	0
Dividends	500 000	400 000	0	0
Net Income	1 090 000	319 000	256 000	−25 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	308 000	0	282 000	282 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 000	7 000	13 000	0
Total Tangible Assets	310 000	7 000	296 000	282 000
Total Fiancial Fixed Assets	75 000	75 000	75 000	75 000
Total Fixed Assets	385 000	82 000	371 000	357 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	716 000	47 000	63 000	5 000
Total Current Assets	1 254 000	968 000	1 217 000	5 000
Total Assets	1 638 000	1 050 000	1 588 000	363 000
Total Equity	1 075 000	485 000	566 000	309 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	2 000	709 000	21 000
Creditors	6 000	39 000	249 000	32 000
Unpaid Taxes	19 000	17 000	0	0
Dividends	500 000	400 000	0	0
Other Current Debt	38 000	17 000	0	0
Total Current Debt	564 000	564 000	314 000	32 000
Total Equity and Debt	1 638 000	1 050 000	1 588 000	363 000

Financial indicators	2022	2021	2020	2019
Return on Equity	101,4 %	65,77 %	45,23 %	−8,09 %
Debt-to-Equity Ratio	0	0	1,25	0,07
Operating Profit Margin	−426 %	23,8 %	29,89 %	-
Current Ratio	2,22	1,72	3,88	0,16
Quick Ratio	2,22	1,72	3,88	0,16
Equity Ratio	0,66	0,46	0,36	0,85
Gross Profit Margin	82 %	43,72 %	34,36 %	-