AVONOVA GROUP AS

0855 OSLO

Finances

Return on Equity

−1,33 %

Current Ratio

0,57

Debt-to-Equity Ratio

0,37

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	42 575 000	36 971 000
Net Income	−4 820 000	10 780 000	13 154 000	−7 801 000
Total Assets	777 943 000	698 540 000	685 002 000	626 932 000
Total Equity	362 030 000	366 850 000	356 132 000	342 977 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	42 575 000	36 971 000
Expenditure	3 777 000	3 812 000	50 325 000	40 818 000
Operating Profit	−3 777 000	−3 812 000	−7 750 000	−3 846 000
Financial Income	30 633 000	37 617 000	33 647 000	881 000
Financial Costs	33 025 000	19 995 000	9 031 000	7 036 000
Financial Balance	−2 392 000	17 622 000	24 616 000	−6 155 000
Earnings Before Tax	−6 170 000	13 810 000	16 866 000	−10 001 000
Tax	−1 350 000	3 030 000	3 711 000	−2 200 000
Net Income	−4 820 000	10 780 000	13 154 000	−7 801 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	617 795 000	585 144 000	546 529 000	578 751 000
Total Current Assets	160 148 000	113 396 000	138 473 000	48 181 000
Total Assets	777 943 000	698 540 000	685 002 000	626 932 000
Total Retained Equity	−548 517 000	−543 698 000	−554 416 000	−567 570 000
Total Equity	362 030 000	366 850 000	356 132 000	342 977 000
Total Long-Term Debt	133 791 000	78 598 000	114 648 000	92 009 000
Total Current Debt	282 122 000	253 092 000	214 222 000	191 945 000
Total Equity and Debt	777 943 000	698 540 000	685 002 000	626 932 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	42 575 000	36 971 000
Other Income	0	0	0	0
Revenue	0	0	42 575 000	36 971 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	24 419 000	17 220 000
Depreciation	3 529 000	3 601 000	3 212 000	3 113 000
Impairment	0	0	0	1 120 000
Expenditure	3 777 000	3 812 000	50 325 000	40 818 000
Operating Profit	−3 777 000	−3 812 000	−7 750 000	−3 846 000
Financial Income	30 633 000	37 617 000	33 647 000	881 000
Financial Costs	33 025 000	19 995 000	9 031 000	7 036 000
Financial Balance	−2 392 000	17 622 000	24 616 000	−6 155 000
Dividends	0	0	0	0
Net Income	−4 820 000	10 780 000	13 154 000	−7 801 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	21 986 000	20 662 000	23 732 000	27 481 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	6 497 000	10 000 000	13 563 000	7 678 000
Total Tangible Assets	6 497 000	10 000 000	13 563 000	7 678 000
Total Fiancial Fixed Assets	589 312 000	554 482 000	509 234 000	543 592 000
Total Fixed Assets	617 795 000	585 144 000	546 529 000	578 751 000
Stock	0	14 000	14 000	0
Total Investments	0	0	0	0
Cash, Bank	159 984 000	112 551 000	134 360 000	46 127 000
Total Current Assets	160 148 000	113 396 000	138 473 000	48 181 000
Total Assets	777 943 000	698 540 000	685 002 000	626 932 000
Total Equity	362 030 000	366 850 000	356 132 000	342 977 000
Short-Term Group Debt	282 097 000	251 751 000	203 339 000	180 721 000
Total Long-Term Debt	133 791 000	78 598 000	114 648 000	92 009 000
Creditors	0	724 000	3 245 000	4 487 000
Unpaid Taxes	25 000	44 000	1 426 000	1 407 000
Dividends	0	0	0	0
Other Current Debt	0	573 000	6 212 000	5 330 000
Total Current Debt	282 122 000	253 092 000	214 222 000	191 945 000
Total Equity and Debt	777 943 000	698 540 000	685 002 000	626 932 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,33 %	2,94 %	3,69 %	−2,27 %
Debt-to-Equity Ratio	0,37	0,21	0,32	0,27
Operating Profit Margin	-	-	−18,2 %	−10,4 %
Current Ratio	0,57	0,45	0,65	0,25
Quick Ratio	0,57	0,45	0,65	0,25
Equity Ratio	0,47	0,53	0,52	0,55
Gross Profit Margin	-	-	100 %	100 %