AVANCE GAS AS

0250 OSLO

Finances

Share Ownership

Return on Equity

11,51 %

Current Ratio

1,89

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	38 785 000	36 695 000	21 293 000	33 434 000
Net Income	1 383 000	1 096 000	662 000	1 197 000
Total Assets	25 037 000	18 125 000	11 818 000	17 139 000
Total Equity	12 013 000	10 630 000	9 534 000	8 872 000

Income (NOK)	2022	2021	2020	2019
Revenue	38 785 000	36 695 000	21 293 000	33 434 000
Expenditure	37 051 000	35 265 000	20 442 000	31 848 000
Operating Profit	1 735 000	1 430 000	850 000	1 585 000
Financial Income	59 000	13 000	11 000	10 000
Financial Costs	7 000	21 000	7 000	4 000
Financial Balance	52 000	−8 000	4 000	6 000
Earnings Before Tax	1 787 000	1 421 000	854 000	1 592 000
Tax	403 000	326 000	192 000	395 000
Net Income	1 383 000	1 096 000	662 000	1 197 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	455 000	622 000	763 000	874 000
Total Current Assets	24 582 000	17 504 000	11 056 000	16 265 000
Total Assets	25 037 000	18 125 000	11 818 000	17 139 000
Total Retained Equity	11 873 000	10 490 000	9 394 000	8 732 000
Total Equity	12 013 000	10 630 000	9 534 000	8 872 000
Total Long-Term Debt	2 000	4 000	5 000	4 000
Total Current Debt	13 022 000	7 491 000	2 280 000	8 263 000
Total Equity and Debt	25 037 000	18 125 000	11 818 000	17 139 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	38 785 000	36 695 000	21 283 000	33 428 000
Other Income	0	0	10 000	6 000
Revenue	38 785 000	36 695 000	21 293 000	33 434 000
Cost of Goods Sold	0	0	0	0
Salary Costs	30 645 000	28 950 000	14 669 000	24 515 000
Depreciation	167 000	167 000	161 000	243 000
Impairment	0	0	0	0
Expenditure	37 051 000	35 265 000	20 442 000	31 848 000
Operating Profit	1 735 000	1 430 000	850 000	1 585 000
Financial Income	59 000	13 000	11 000	10 000
Financial Costs	7 000	21 000	7 000	4 000
Financial Balance	52 000	−8 000	4 000	6 000
Dividends	0	0	0	0
Net Income	1 383 000	1 096 000	662 000	1 197 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	455 000	622 000	763 000	874 000
Total Tangible Assets	455 000	622 000	763 000	874 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	455 000	622 000	763 000	874 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	6 626 000	14 177 000	5 004 000	5 533 000
Total Current Assets	24 582 000	17 504 000	11 056 000	16 265 000
Total Assets	25 037 000	18 125 000	11 818 000	17 139 000
Total Equity	12 013 000	10 630 000	9 534 000	8 872 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 000	4 000	5 000	4 000
Creditors	128 000	96 000	68 000	1 665 000
Unpaid Taxes	3 476 000	1 140 000	552 000	1 297 000
Dividends	0	0	0	0
Other Current Debt	9 012 000	5 929 000	1 468 000	4 889 000
Total Current Debt	13 022 000	7 491 000	2 280 000	8 263 000
Total Equity and Debt	25 037 000	18 125 000	11 818 000	17 139 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,51 %	10,31 %	6,94 %	13,49 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,47 %	3,9 %	3,99 %	4,74 %
Current Ratio	1,89	2,34	4,85	1,97
Quick Ratio	1,89	2,34	4,85	1,97
Equity Ratio	0,48	0,59	0,81	0,52
Gross Profit Margin	100 %	100 %	100 %	100 %