AVANTAGE AS

0374 OSLO

Finances

Return on Equity

15,12 %

Current Ratio

1 754

Debt-to-Equity Ratio

−1,56

Key figures (NOK)	2022	2021	2020	2019
Revenue	132 000	13 000	0	0
Net Income	−514 000	−218 000	232 000	412 000
Total Assets	1 890 000	2 405 000	2 634 000	2 399 000
Total Equity	−3 399 000	−2 885 000	−2 667 000	−2 899 000

Income (NOK)	2022	2021	2020	2019
Revenue	132 000	13 000	0	0
Expenditure	204 000	126 000	216 000	10 000
Operating Profit	−71 000	−113 000	−216 000	−10 000
Financial Income	0	274 000	448 000	423 000
Financial Costs	443 000	380 000	0	0
Financial Balance	−443 000	−106 000	448 000	423 000
Earnings Before Tax	−514 000	−218 000	232 000	412 000
Tax	0	0	0	0
Net Income	−514 000	−218 000	232 000	412 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	135 000	111 000	302 000	649 000
Total Current Assets	1 754 000	2 294 000	2 332 000	1 750 000
Total Assets	1 890 000	2 405 000	2 634 000	2 399 000
Total Retained Equity	−3 499 000	−2 985 000	−2 767 000	−2 999 000
Total Equity	−3 399 000	−2 885 000	−2 667 000	−2 899 000
Total Long-Term Debt	5 288 000	5 290 000	5 290 000	5 290 000
Total Current Debt	1 000	0	11 000	9 000
Total Equity and Debt	1 890 000	2 405 000	2 634 000	2 399 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	132 000	13 000	0	0
Other Income	0	0	0	0
Revenue	132 000	13 000	0	0
Cost of Goods Sold	111 000	20 000	0	0
Salary Costs	1 000	1 000	0	0
Depreciation	19 000	0	0	0
Impairment	0	0	0	0
Expenditure	204 000	126 000	216 000	10 000
Operating Profit	−71 000	−113 000	−216 000	−10 000
Financial Income	0	274 000	448 000	423 000
Financial Costs	443 000	380 000	0	0
Financial Balance	−443 000	−106 000	448 000	423 000
Dividends	0	0	0	0
Net Income	−514 000	−218 000	232 000	412 000

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	66 000	42 000	0	0
Fixtures	0	0	0	0
Total Tangible Assets	66 000	42 000	0	0
Total Fiancial Fixed Assets	69 000	69 000	302 000	649 000
Total Fixed Assets	135 000	111 000	302 000	649 000
Stock	153 000	251 000	0	0
Total Investments	501 000	944 000	0	0
Cash, Bank	1 098 000	1 098 000	2 332 000	1 750 000
Total Current Assets	1 754 000	2 294 000	2 332 000	1 750 000
Total Assets	1 890 000	2 405 000	2 634 000	2 399 000
Total Equity	−3 399 000	−2 885 000	−2 667 000	−2 899 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 288 000	5 290 000	5 290 000	5 290 000
Creditors	1 000	0	11 000	9 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	1 000	0	11 000	9 000
Total Equity and Debt	1 890 000	2 405 000	2 634 000	2 399 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,12 %	7,56 %	−8,7 %	−14,21 %
Debt-to-Equity Ratio	−1,56	−1,83	−1,98	−1,82
Operating Profit Margin	−53,79 %	−869,23 %	-	-
Current Ratio	1 754	-	212	194,44
Quick Ratio	−11,54	−9,14	212	194,44
Equity Ratio	−1,8	−1,2	−1,01	−1,21
Gross Profit Margin	15,91 %	−53,85 %	-	-