AVARN SECURITY AVIATION AS

2060 GARDERMOEN

Finances

Share Ownership

Return on Equity

−4,42 %

Current Ratio

1,07

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	677 160 000	466 625 000	385 620 000	352 420 000
Net Income	−757 000	13 600 000	3 286 000	−3 398 000
Total Assets	222 304 000	178 918 000	150 633 000	112 925 000
Total Equity	17 109 000	18 470 000	17 697 000	14 650 000

Income (NOK)	2022	2021	2020	2019
Revenue	677 160 000	466 625 000	385 620 000	352 420 000
Expenditure	677 891 000	449 764 000	382 327 000	359 041 000
Operating Profit	−732 000	16 861 000	3 294 000	−6 620 000
Financial Income	3 389 000	575 000	2 845 000	4 239 000
Financial Costs	3 295 000	0	1 915 000	1 990 000
Financial Balance	94 000	575 000	930 000	2 249 000
Earnings Before Tax	−638 000	17 436 000	4 224 000	−4 371 000
Tax	118 000	3 836 000	938 000	−973 000
Net Income	−757 000	13 600 000	3 286 000	−3 398 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 299 000	2 654 000	3 995 000	1 905 000
Total Current Assets	220 005 000	176 264 000	146 638 000	111 020 000
Total Assets	222 304 000	178 918 000	150 633 000	112 925 000
Total Retained Equity	12 109 000	13 470 000	12 697 000	9 650 000
Total Equity	17 109 000	18 470 000	17 697 000	14 650 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	205 196 000	160 448 000	132 936 000	98 275 000
Total Equity and Debt	222 304 000	178 918 000	150 633 000	112 925 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	677 038 000	466 625 000	385 620 000	352 420 000
Other Income	122 000	0	0	0
Revenue	677 160 000	466 625 000	385 620 000	352 420 000
Cost of Goods Sold	1 270 000	4 708 000	318 000	2 016 000
Salary Costs	631 251 000	411 629 000	355 542 000	342 035 000
Depreciation	1 247 000	1 123 000	593 000	347 000
Impairment	0	0	0	0
Expenditure	677 891 000	449 764 000	382 327 000	359 041 000
Operating Profit	−732 000	16 861 000	3 294 000	−6 620 000
Financial Income	3 389 000	575 000	2 845 000	4 239 000
Financial Costs	3 295 000	0	1 915 000	1 990 000
Financial Balance	94 000	575 000	930 000	2 249 000
Dividends	0	0	0	0
Net Income	−757 000	13 600 000	3 286 000	−3 398 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	235 000	183 000	401 000	1 272 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 064 000	2 471 000	3 594 000	633 000
Total Tangible Assets	2 064 000	2 471 000	3 594 000	633 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 299 000	2 654 000	3 995 000	1 905 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 000 000	3 000 000	800 000	800 000
Total Current Assets	220 005 000	176 264 000	146 638 000	111 020 000
Total Assets	222 304 000	178 918 000	150 633 000	112 925 000
Total Equity	17 109 000	18 470 000	17 697 000	14 650 000
Short-Term Group Debt	0	0	3 948 000	27 000
Total Long-Term Debt	0	0	0	0
Creditors	7 580 000	23 495 000	3 541 000	1 403 000
Unpaid Taxes	83 659 000	51 344 000	36 878 000	42 412 000
Dividends	0	0	0	0
Other Current Debt	113 957 000	85 609 000	88 568 000	54 434 000
Total Current Debt	205 196 000	160 448 000	132 936 000	98 275 000
Total Equity and Debt	222 304 000	178 918 000	150 633 000	112 925 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,42 %	73,63 %	18,57 %	−23,19 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−0,11 %	3,61 %	0,85 %	−1,88 %
Current Ratio	1,07	1,1	1,1	1,13
Quick Ratio	1,07	1,1	1,1	1,13
Equity Ratio	0,08	0,1	0,12	0,13
Gross Profit Margin	99,81 %	98,99 %	99,92 %	99,43 %