AVANCIA SPORT CENTER SKEDSMO AS

2020 SKEDSMOKORSET

Finances

Share Ownership

Return on Equity

−40 %

Current Ratio

0,8

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 926 000	11 779 000	13 248 000	15 565 000
Net Income	−154 000	−205 000	964 000	1 003 000
Total Assets	3 312 000	3 138 000	2 687 000	2 709 000
Total Equity	385 000	1 579 000	1 784 000	821 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 926 000	11 779 000	13 248 000	15 565 000
Expenditure	14 424 000	12 050 000	12 276 000	14 498 000
Operating Profit	−497 000	−271 000	970 000	1 067 000
Financial Income	8 000	8 000	7 000	7 000
Financial Costs	0	0	18 000	72 000
Financial Balance	8 000	8 000	−11 000	−65 000
Earnings Before Tax	−489 000	−263 000	960 000	1 003 000
Tax	−335 000	−58 000	−4 000	0
Net Income	−154 000	−205 000	964 000	1 003 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	972 000	608 000	717 000	874 000
Total Current Assets	2 340 000	2 530 000	1 970 000	1 835 000
Total Assets	3 312 000	3 138 000	2 687 000	2 709 000
Total Retained Equity	0	859 000	1 064 000	101 000
Total Equity	385 000	1 579 000	1 784 000	821 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 927 000	1 559 000	902 000	1 888 000
Total Equity and Debt	3 312 000	3 138 000	2 687 000	2 709 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 790 000	11 720 000	12 894 000	15 138 000
Other Income	137 000	59 000	353 000	428 000
Revenue	13 926 000	11 779 000	13 248 000	15 565 000
Cost of Goods Sold	2 364 000	1 316 000	2 116 000	2 432 000
Salary Costs	3 556 000	3 207 000	2 991 000	4 167 000
Depreciation	238 000	227 000	302 000	309 000
Impairment	0	0	0	0
Expenditure	14 424 000	12 050 000	12 276 000	14 498 000
Operating Profit	−497 000	−271 000	970 000	1 067 000
Financial Income	8 000	8 000	7 000	7 000
Financial Costs	0	0	18 000	72 000
Financial Balance	8 000	8 000	−11 000	−65 000
Dividends	0	0	0	0
Net Income	−154 000	−205 000	964 000	1 003 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	478 000	143 000	85 000	0
Real Eastate	0	0	276 000	0
Machinery and Plant Facilities	0	0	202 000	0
Fixtures	478 000	466 000	153 000	874 000
Total Tangible Assets	478 000	466 000	632 000	874 000
Total Fiancial Fixed Assets	16 000	0	0	0
Total Fixed Assets	972 000	608 000	717 000	874 000
Stock	64 000	55 000	87 000	180 000
Total Investments	0	0	0	0
Cash, Bank	1 265 000	559 000	109 000	267 000
Total Current Assets	2 340 000	2 530 000	1 970 000	1 835 000
Total Assets	3 312 000	3 138 000	2 687 000	2 709 000
Total Equity	385 000	1 579 000	1 784 000	821 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	685 000	396 000	222 000	430 000
Unpaid Taxes	168 000	230 000	140 000	262 000
Dividends	0	0	0	0
Other Current Debt	2 074 000	934 000	395 000	791 000
Total Current Debt	2 927 000	1 559 000	902 000	1 888 000
Total Equity and Debt	3 312 000	3 138 000	2 687 000	2 709 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−40 %	−12,98 %	54,04 %	122,17 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−3,57 %	−2,3 %	7,32 %	6,86 %
Current Ratio	0,8	1,62	2,18	0,97
Quick Ratio	0,82	1,68	2,42	1,07
Equity Ratio	0,12	0,5	0,66	0,3
Gross Profit Margin	83,02 %	88,83 %	84,03 %	84,38 %