AVELLO AS

2642 KVAM

Finances

Share Ownership

Return on Equity

−21,35 %

Current Ratio

0,19

Debt-to-Equity Ratio

−0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	226 000	497 000	252 000	198 000
Net Income	19 000	233 000	75 000	15 000
Total Assets	78 000	134 000	134 000	133 000
Total Equity	−89 000	−109 000	−342 000	−417 000

Income (NOK)	2022	2021	2020	2019
Revenue	226 000	497 000	252 000	198 000
Expenditure	196 000	198 000	152 000	171 000
Operating Profit	30 000	300 000	100 000	27 000
Financial Income	0	0	0	0
Financial Costs	5 000	1 000	4 000	7 000
Financial Balance	−5 000	−1 000	−4 000	−7 000
Earnings Before Tax	25 000	299 000	97 000	19 000
Tax	6 000	66 000	21 000	4 000
Net Income	19 000	233 000	75 000	15 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	46 000	48 000	56 000	80 000
Total Current Assets	32 000	86 000	78 000	54 000
Total Assets	78 000	134 000	134 000	133 000
Total Retained Equity	−189 000	−209 000	−442 000	−517 000
Total Equity	−89 000	−109 000	−342 000	−417 000
Total Long-Term Debt	1 000	1 000	33 000	100 000
Total Current Debt	166 000	242 000	443 000	450 000
Total Equity and Debt	78 000	134 000	134 000	133 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	64 000	307 000	72 000	0
Other Income	163 000	190 000	180 000	198 000
Revenue	226 000	497 000	252 000	198 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	2 000	2 000	2 000	2 000
Impairment	0	0	0	0
Expenditure	196 000	198 000	152 000	171 000
Operating Profit	30 000	300 000	100 000	27 000
Financial Income	0	0	0	0
Financial Costs	5 000	1 000	4 000	7 000
Financial Balance	−5 000	−1 000	−4 000	−7 000
Dividends	0	0	0	0
Net Income	19 000	233 000	75 000	15 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	6 000	28 000
Real Eastate	46 000	48 000	50 000	52 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	46 000	48 000	50 000	52 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	46 000	48 000	56 000	80 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	65 000	50 000	46 000
Total Current Assets	32 000	86 000	78 000	54 000
Total Assets	78 000	134 000	134 000	133 000
Total Equity	−89 000	−109 000	−342 000	−417 000
Short-Term Group Debt	80 000	80 000	80 000	101 000
Total Long-Term Debt	1 000	1 000	33 000	100 000
Creditors	5 000	3 000	325 000	330 000
Unpaid Taxes	31 000	101 000	38 000	20 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	166 000	242 000	443 000	450 000
Total Equity and Debt	78 000	134 000	134 000	133 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−21,35 %	−213,76 %	−21,93 %	−3,6 %
Debt-to-Equity Ratio	−0,01	−0,01	−0,1	−0,24
Operating Profit Margin	13,27 %	60,36 %	39,68 %	13,64 %
Current Ratio	0,19	0,36	0,18	0,12
Quick Ratio	0,19	0,36	0,18	0,12
Equity Ratio	−1,14	−0,81	−2,55	−3,14
Gross Profit Margin	100 %	100 %	100 %	100 %