ADVANTAGE AS

4345 BRYNE

Finances

Return on Equity

757,14 %

Current Ratio

0,19

Debt-to-Equity Ratio

−61,43

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 000	18 000	330 000	29 000
Net Income	−106 000	−79 000	293 000	−76 000
Total Assets	2 804 000	1 325 000	648 000	342 000
Total Equity	−14 000	93 000	172 000	−121 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 000	18 000	330 000	29 000
Expenditure	62 000	72 000	36 000	105 000
Operating Profit	−43 000	−54 000	293 000	−76 000
Financial Income	0	1 000	0	0
Financial Costs	64 000	25 000	0	0
Financial Balance	−64 000	−24 000	0	0
Earnings Before Tax	−106 000	−79 000	293 000	−76 000
Tax	0	0	0	0
Net Income	−106 000	−79 000	293 000	−76 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 426 000	950 000	339 000	341 000
Total Current Assets	379 000	375 000	309 000	1 000
Total Assets	2 804 000	1 325 000	648 000	342 000
Total Retained Equity	−297 000	−190 000	−111 000	−404 000
Total Equity	−14 000	93 000	172 000	−121 000
Total Long-Term Debt	860 000	610 000	0	0
Total Current Debt	1 958 000	622 000	476 000	463 000
Total Equity and Debt	2 804 000	1 325 000	648 000	342 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	20 000	18 000	330 000	16 000
Other Income	0	0	0	13 000
Revenue	20 000	18 000	330 000	29 000
Cost of Goods Sold	41 000	0	17 000	16 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	62 000	72 000	36 000	105 000
Operating Profit	−43 000	−54 000	293 000	−76 000
Financial Income	0	1 000	0	0
Financial Costs	64 000	25 000	0	0
Financial Balance	−64 000	−24 000	0	0
Dividends	0	0	0	0
Net Income	−106 000	−79 000	293 000	−76 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	295 000	295 000	295 000	295 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	295 000	295 000	295 000	295 000
Total Fiancial Fixed Assets	2 131 000	655 000	44 000	46 000
Total Fixed Assets	2 426 000	950 000	339 000	341 000
Stock	0	0	0	0
Total Investments	24 000	0	0	0
Cash, Bank	2 000	1 000	1 000	1 000
Total Current Assets	379 000	375 000	309 000	1 000
Total Assets	2 804 000	1 325 000	648 000	342 000
Total Equity	−14 000	93 000	172 000	−121 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	860 000	610 000	0	0
Creditors	2 000	3 000	2 000	3 000
Unpaid Taxes	18 000	20 000	9 000	12 000
Dividends	0	0	0	0
Other Current Debt	1 938 000	599 000	465 000	449 000
Total Current Debt	1 958 000	622 000	476 000	463 000
Total Equity and Debt	2 804 000	1 325 000	648 000	342 000

Financial indicators	2022	2021	2020	2019
Return on Equity	757,14 %	−84,95 %	170,35 %	62,81 %
Debt-to-Equity Ratio	−61,43	6,56	0	−0
Operating Profit Margin	−215 %	−300 %	88,79 %	−262,07 %
Current Ratio	0,19	0,6	0,65	0
Quick Ratio	0,19	0,6	0,65	0
Equity Ratio	−0	0,07	0,27	−0,35
Gross Profit Margin	−105 %	100 %	94,85 %	44,83 %