AVETTI MOTOR AS

4351 KLEPPE

Finances

Return on Equity

34,88 %

Current Ratio

1,21

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	124 447 000	103 499 000	92 500 000	72 139 000
Net Income	1 726 000	1 683 000	1 352 000	−1 760 000
Total Assets	24 606 000	22 220 000	13 831 000	14 861 000
Total Equity	4 948 000	4 473 000	3 590 000	2 238 000

Income (NOK)	2022	2021	2020	2019
Revenue	124 447 000	103 499 000	92 500 000	72 139 000
Expenditure	121 646 000	100 985 000	90 448 000	73 832 000
Operating Profit	2 802 000	2 513 000	2 052 000	−1 693 000
Financial Income	190 000	79 000	51 000	78 000
Financial Costs	778 000	430 000	367 000	640 000
Financial Balance	−588 000	−351 000	−316 000	−562 000
Earnings Before Tax	2 214 000	2 162 000	1 736 000	−2 254 000
Tax	488 000	479 000	384 000	−495 000
Net Income	1 726 000	1 683 000	1 352 000	−1 760 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	846 000	395 000	945 000	1 254 000
Total Current Assets	23 760 000	21 825 000	12 886 000	13 607 000
Total Assets	24 606 000	22 220 000	13 831 000	14 861 000
Total Retained Equity	4 439 000	3 963 000	3 080 000	1 728 000
Total Equity	4 948 000	4 473 000	3 590 000	2 238 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	19 658 000	17 747 000	10 241 000	12 623 000
Total Equity and Debt	24 606 000	22 220 000	13 831 000	14 861 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	121 966 000	101 576 000	90 320 000	70 574 000
Other Income	2 481 000	1 922 000	2 180 000	1 565 000
Revenue	124 447 000	103 499 000	92 500 000	72 139 000
Cost of Goods Sold	114 835 000	94 738 000	84 339 000	67 623 000
Salary Costs	3 249 000	3 118 000	2 803 000	2 956 000
Depreciation	126 000	71 000	92 000	102 000
Impairment	0	0	0	0
Expenditure	121 646 000	100 985 000	90 448 000	73 832 000
Operating Profit	2 802 000	2 513 000	2 052 000	−1 693 000
Financial Income	190 000	79 000	51 000	78 000
Financial Costs	778 000	430 000	367 000	640 000
Financial Balance	−588 000	−351 000	−316 000	−562 000
Dividends	1 075 000	0	0	0
Net Income	1 726 000	1 683 000	1 352 000	−1 760 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	25 000	116 000	596 000	979 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	575 000	0	0	0
Fixtures	126 000	158 000	229 000	175 000
Total Tangible Assets	701 000	158 000	229 000	175 000
Total Fiancial Fixed Assets	120 000	120 000	120 000	100 000
Total Fixed Assets	846 000	395 000	945 000	1 254 000
Stock	19 116 000	17 822 000	9 489 000	10 969 000
Total Investments	0	0	0	0
Cash, Bank	505 000	555 000	244 000	214 000
Total Current Assets	23 760 000	21 825 000	12 886 000	13 607 000
Total Assets	24 606 000	22 220 000	13 831 000	14 861 000
Total Equity	4 948 000	4 473 000	3 590 000	2 238 000
Short-Term Group Debt	228 000	800 000	−1 000	44 000
Total Long-Term Debt	0	0	0	0
Creditors	5 749 000	321 000	1 142 000	800 000
Unpaid Taxes	471 000	635 000	412 000	322 000
Dividends	1 075 000	0	0	0
Other Current Debt	382 000	663 000	1 495 000	1 016 000
Total Current Debt	19 658 000	17 747 000	10 241 000	12 623 000
Total Equity and Debt	24 606 000	22 220 000	13 831 000	14 861 000

Financial indicators	2022	2021	2020	2019
Return on Equity	34,88 %	37,63 %	37,66 %	−78,64 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,25 %	2,43 %	2,22 %	−2,35 %
Current Ratio	1,21	1,23	1,26	1,08
Quick Ratio	43,84	−291	17,14	8,23
Equity Ratio	0,2	0,2	0,26	0,15
Gross Profit Margin	7,72 %	8,46 %	8,82 %	6,26 %