ANDVARI AS

7818 LUND

Finances

Return on Equity

−11,31 %

Current Ratio

30,12

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	326 000	369 000	73 000	1 424 000
Net Income	−77 598 000	551 405 000	24 470 000	42 644 000
Total Assets	708 579 000	790 222 000	252 192 000	232 396 000
Total Equity	686 045 000	783 643 000	244 238 000	225 768 000

Income (NOK)	2022	2021	2020	2019
Revenue	326 000	369 000	73 000	1 424 000
Expenditure	3 928 000	1 435 000	658 000	84 000
Operating Profit	−3 602 000	−1 065 000	−585 000	−84 000
Financial Income	16 395 000	555 613 000	26 459 000	43 451 000
Financial Costs	90 464 000	3 023 000	586 000	105 000
Financial Balance	−74 069 000	552 590 000	25 873 000	43 346 000
Earnings Before Tax	−77 671 000	551 525 000	25 288 000	43 262 000
Tax	−73 000	120 000	819 000	618 000
Net Income	−77 598 000	551 405 000	24 470 000	42 644 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	29 758 000	14 424 000	82 337 000	140 842 000
Total Current Assets	678 821 000	775 798 000	169 855 000	91 555 000
Total Assets	708 579 000	790 222 000	252 192 000	232 396 000
Total Retained Equity	685 943 000	783 541 000	244 136 000	225 666 000
Total Equity	686 045 000	783 643 000	244 238 000	225 768 000
Total Long-Term Debt	0	73 000	1 219 000	500 000
Total Current Debt	22 534 000	6 506 000	6 735 000	6 128 000
Total Equity and Debt	708 579 000	790 222 000	252 192 000	232 396 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	5 000	0	1 424 000
Other Income	326 000	364 000	73 000	0
Revenue	326 000	369 000	73 000	1 424 000
Cost of Goods Sold	10 000	0	0	0
Salary Costs	974 000	819 000	174 000	0
Depreciation	1 566 000	64 000	0	0
Impairment	0	0	0	0
Expenditure	3 928 000	1 435 000	658 000	84 000
Operating Profit	−3 602 000	−1 065 000	−585 000	−84 000
Financial Income	16 395 000	555 613 000	26 459 000	43 451 000
Financial Costs	90 464 000	3 023 000	586 000	105 000
Financial Balance	−74 069 000	552 590 000	25 873 000	43 346 000
Dividends	20 000 000	4 000 000	6 000 000	5 500 000
Net Income	−77 598 000	551 405 000	24 470 000	42 644 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	24 306 000	11 538 000	0	0
Machinery and Plant Facilities	1 318 000	826 000	0	0
Fixtures	1 125 000	86 000	0	0
Total Tangible Assets	26 749 000	12 449 000	0	0
Total Fiancial Fixed Assets	3 009 000	1 975 000	82 337 000	140 842 000
Total Fixed Assets	29 758 000	14 424 000	82 337 000	140 842 000
Stock	0	4 267 000	5 702 000	3 599 000
Total Investments	639 891 000	763 917 000	67 179 000	61 753 000
Cash, Bank	37 964 000	7 328 000	15 577 000	4 806 000
Total Current Assets	678 821 000	775 798 000	169 855 000	91 555 000
Total Assets	708 579 000	790 222 000	252 192 000	232 396 000
Total Equity	686 045 000	783 643 000	244 238 000	225 768 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	73 000	1 219 000	500 000
Creditors	2 265 000	626 000	154 000	43 000
Unpaid Taxes	68 000	39 000	18 000	0
Dividends	20 000 000	4 000 000	6 000 000	5 500 000
Other Current Debt	201 000	575 000	463 000	406 000
Total Current Debt	22 534 000	6 506 000	6 735 000	6 128 000
Total Equity and Debt	708 579 000	790 222 000	252 192 000	232 396 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−11,31 %	70,36 %	10,02 %	18,89 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−1 104,91 %	−288,62 %	−801,37 %	−5,9 %
Current Ratio	30,12	119,24	25,22	14,94
Quick Ratio	30,12	346,49	164,43	36,2
Equity Ratio	0,97	0,99	0,97	0,97
Gross Profit Margin	96,93 %	100 %	100 %	100 %