AVANCIAXPRESS KJELSÅS AS

0884 OSLO

Finances

Share Ownership

Return on Equity

14,95 %

Current Ratio

1,42

Debt-to-Equity Ratio

1,84

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 196 000	2 669 000	2 993 000	3 173 000
Net Income	773 000	487 000	491 000	1 052 000
Total Assets	15 097 000	15 589 000	15 216 000	6 588 000
Total Equity	5 171 000	4 398 000	3 912 000	3 420 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 196 000	2 669 000	2 993 000	3 173 000
Expenditure	1 712 000	1 658 000	2 012 000	1 687 000
Operating Profit	1 483 000	1 011 000	981 000	1 486 000
Financial Income	4 000	7 000	4 000	5 000
Financial Costs	484 000	388 000	355 000	137 000
Financial Balance	−480 000	−381 000	−351 000	−132 000
Earnings Before Tax	1 004 000	631 000	631 000	1 353 000
Tax	231 000	144 000	139 000	301 000
Net Income	773 000	487 000	491 000	1 052 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 544 000	14 761 000	15 013 000	5 303 000
Total Current Assets	553 000	828 000	202 000	1 285 000
Total Assets	15 097 000	15 589 000	15 216 000	6 588 000
Total Retained Equity	4 871 000	4 298 000	3 812 000	3 320 000
Total Equity	5 171 000	4 398 000	3 912 000	3 420 000
Total Long-Term Debt	9 537 000	9 853 000	9 855 000	2 861 000
Total Current Debt	389 000	1 337 000	1 448 000	306 000
Total Equity and Debt	15 097 000	15 589 000	15 216 000	6 588 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 680 000	2 188 000	2 680 000	2 951 000
Other Income	516 000	481 000	313 000	222 000
Revenue	3 196 000	2 669 000	2 993 000	3 173 000
Cost of Goods Sold	88 000	50 000	67 000	124 000
Salary Costs	2 000	3 000	5 000	26 000
Depreciation	242 000	282 000	401 000	190 000
Impairment	0	0	0	0
Expenditure	1 712 000	1 658 000	2 012 000	1 687 000
Operating Profit	1 483 000	1 011 000	981 000	1 486 000
Financial Income	4 000	7 000	4 000	5 000
Financial Costs	484 000	388 000	355 000	137 000
Financial Balance	−480 000	−381 000	−351 000	−132 000
Dividends	0	0	0	0
Net Income	773 000	487 000	491 000	1 052 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	13 632 000	13 632 000	13 632 000	4 509 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	912 000	1 128 000	1 381 000	761 000
Total Tangible Assets	14 544 000	14 761 000	15 013 000	5 270 000
Total Fiancial Fixed Assets	0	0	0	33 000
Total Fixed Assets	14 544 000	14 761 000	15 013 000	5 303 000
Stock	1 000	0	0	2 000
Total Investments	0	0	0	0
Cash, Bank	516 000	783 000	134 000	1 283 000
Total Current Assets	553 000	828 000	202 000	1 285 000
Total Assets	15 097 000	15 589 000	15 216 000	6 588 000
Total Equity	5 171 000	4 398 000	3 912 000	3 420 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	9 537 000	9 853 000	9 855 000	2 861 000
Creditors	5 000	32 000	155 000	2 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	149 000	1 158 000	1 155 000	0
Total Current Debt	389 000	1 337 000	1 448 000	306 000
Total Equity and Debt	15 097 000	15 589 000	15 216 000	6 588 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,95 %	11,07 %	12,55 %	30,76 %
Debt-to-Equity Ratio	1,84	2,24	2,52	0,84
Operating Profit Margin	46,4 %	37,88 %	32,78 %	46,83 %
Current Ratio	1,42	0,62	0,14	4,2
Quick Ratio	1,43	0,62	0,14	4,23
Equity Ratio	0,34	0,28	0,26	0,52
Gross Profit Margin	97,25 %	98,13 %	97,76 %	96,09 %