AVANTE CONSULTING AS

0357 OSLO

Finances

Return on Equity

14,46 %

Current Ratio

6,47

Debt-to-Equity Ratio

0,38

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 121 000	4 827 000	5 384 000	5 430 000
Net Income	1 938 000	2 997 000	2 259 000	829 000
Total Assets	19 751 000	19 114 000	11 262 000	9 091 000
Total Equity	13 400 000	11 462 000	9 965 000	7 707 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 121 000	4 827 000	5 384 000	5 430 000
Expenditure	2 610 000	2 317 000	2 494 000	4 805 000
Operating Profit	2 510 000	2 510 000	2 890 000	625 000
Financial Income	39 000	1 075 000	23 000	373 000
Financial Costs	69 000	26 000	14 000	1 000
Financial Balance	−30 000	1 049 000	9 000	372 000
Earnings Before Tax	2 480 000	3 558 000	2 899 000	997 000
Tax	542 000	562 000	641 000	168 000
Net Income	1 938 000	2 997 000	2 259 000	829 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 597 000	11 644 000	1 219 000	1 258 000
Total Current Assets	8 154 000	7 470 000	10 043 000	7 834 000
Total Assets	19 751 000	19 114 000	11 262 000	9 091 000
Total Retained Equity	13 293 000	11 354 000	9 858 000	7 599 000
Total Equity	13 400 000	11 462 000	9 965 000	7 707 000
Total Long-Term Debt	5 091 000	5 026 000	6 000	9 000
Total Current Debt	1 260 000	2 626 000	1 292 000	1 376 000
Total Equity and Debt	19 751 000	19 114 000	11 262 000	9 091 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 121 000	4 827 000	5 384 000	5 430 000
Other Income	0	0	0	0
Revenue	5 121 000	4 827 000	5 384 000	5 430 000
Cost of Goods Sold	0	0	0	2 116 000
Salary Costs	2 572 000	2 180 000	2 324 000	2 266 000
Depreciation	0	4 000	14 000	14 000
Impairment	0	0	0	0
Expenditure	2 610 000	2 317 000	2 494 000	4 805 000
Operating Profit	2 510 000	2 510 000	2 890 000	625 000
Financial Income	39 000	1 075 000	23 000	373 000
Financial Costs	69 000	26 000	14 000	1 000
Financial Balance	−30 000	1 049 000	9 000	372 000
Dividends	0	1 500 000	0	0
Net Income	1 938 000	2 997 000	2 259 000	829 000

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	4 000	19 000
Total Tangible Assets	0	0	4 000	19 000
Total Fiancial Fixed Assets	11 597 000	11 644 000	1 215 000	1 239 000
Total Fixed Assets	11 597 000	11 644 000	1 219 000	1 258 000
Stock	0	0	0	0
Total Investments	1 474 000	1 621 000	2 142 000	2 155 000
Cash, Bank	5 545 000	5 630 000	6 940 000	4 871 000
Total Current Assets	8 154 000	7 470 000	10 043 000	7 834 000
Total Assets	19 751 000	19 114 000	11 262 000	9 091 000
Total Equity	13 400 000	11 462 000	9 965 000	7 707 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 091 000	5 026 000	6 000	9 000
Creditors	10 000	10 000	16 000	14 000
Unpaid Taxes	474 000	358 000	419 000	244 000
Dividends	0	1 500 000	0	0
Other Current Debt	233 000	197 000	212 000	945 000
Total Current Debt	1 260 000	2 626 000	1 292 000	1 376 000
Total Equity and Debt	19 751 000	19 114 000	11 262 000	9 091 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,46 %	26,15 %	22,67 %	10,76 %
Debt-to-Equity Ratio	0,38	0,44	0	0
Operating Profit Margin	49,01 %	52 %	53,68 %	11,51 %
Current Ratio	6,47	2,84	7,77	5,69
Quick Ratio	6,47	2,84	7,77	5,69
Equity Ratio	0,68	0,6	0,88	0,85
Gross Profit Margin	100 %	100 %	100 %	61,03 %