AVIO NORWAY AS

0352 OSLO

Finances

Share Ownership

Return on Equity

13,94 %

Current Ratio

4,29

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 148 000	3 671 000	4 694 000	4 716 000
Net Income	199 000	0	90 000	55 000
Total Assets	1 867 000	2 424 000	2 321 000	2 259 000
Total Equity	1 428 000	1 425 000	1 425 000	1 335 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 148 000	3 671 000	4 694 000	4 716 000
Expenditure	3 898 000	3 679 000	4 590 000	4 660 000
Operating Profit	250 000	−7 000	104 000	56 000
Financial Income	8 000	7 000	12 000	14 000
Financial Costs	3 000	0	0	0
Financial Balance	5 000	7 000	12 000	14 000
Earnings Before Tax	256 000	0	116 000	70 000
Tax	56 000	0	26 000	15 000
Net Income	199 000	0	90 000	55 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	1 867 000	2 424 000	2 321 000	2 259 000
Total Assets	1 867 000	2 424 000	2 321 000	2 259 000
Total Retained Equity	386 000	384 000	384 000	293 000
Total Equity	1 428 000	1 425 000	1 425 000	1 335 000
Total Long-Term Debt	4 000	4 000	53 000	622 000
Total Current Debt	435 000	995 000	843 000	302 000
Total Equity and Debt	1 867 000	2 424 000	2 321 000	2 259 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 122 000	3 671 000	4 694 000	4 716 000
Other Income	27 000	0	0	0
Revenue	4 148 000	3 671 000	4 694 000	4 716 000
Cost of Goods Sold	2 790 000	2 411 000	3 395 000	3 002 000
Salary Costs	966 000	1 108 000	1 082 000	1 089 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	3 898 000	3 679 000	4 590 000	4 660 000
Operating Profit	250 000	−7 000	104 000	56 000
Financial Income	8 000	7 000	12 000	14 000
Financial Costs	3 000	0	0	0
Financial Balance	5 000	7 000	12 000	14 000
Dividends	0	0	0	0
Net Income	199 000	0	90 000	55 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	120 000	109 000	262 000	82 000
Total Current Assets	1 867 000	2 424 000	2 321 000	2 259 000
Total Assets	1 867 000	2 424 000	2 321 000	2 259 000
Total Equity	1 428 000	1 425 000	1 425 000	1 335 000
Short-Term Group Debt	0	0	0	91 000
Total Long-Term Debt	4 000	4 000	53 000	622 000
Creditors	279 000	384 000	430 000	155 000
Unpaid Taxes	−190 000	499 000	278 000	−18 000
Dividends	0	0	0	0
Other Current Debt	347 000	104 000	100 000	49 000
Total Current Debt	435 000	995 000	843 000	302 000
Total Equity and Debt	1 867 000	2 424 000	2 321 000	2 259 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,94 %	0 %	6,32 %	4,12 %
Debt-to-Equity Ratio	0	0	0,04	0,47
Operating Profit Margin	6,03 %	−0,19 %	2,22 %	1,19 %
Current Ratio	4,29	2,44	2,75	7,48
Quick Ratio	4,29	2,44	2,75	7,48
Equity Ratio	0,76	0,59	0,61	0,59
Gross Profit Margin	32,74 %	34,32 %	27,67 %	36,34 %