AVSETH AKTIV AS

6052 GISKE

Finances

Share Ownership

Return on Equity

−24,4 %

Current Ratio

2,65

Debt-to-Equity Ratio

0,77

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 179 000	2 299 000	1 698 000	1 016 000
Net Income	−430 000	1 166 000	564 000	244 000
Total Assets	3 298 000	4 956 000	2 512 000	1 631 000
Total Equity	1 762 000	2 192 000	1 026 000	461 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 179 000	2 299 000	1 698 000	1 016 000
Expenditure	1 652 000	760 000	909 000	634 000
Operating Profit	−472 000	1 539 000	789 000	383 000
Financial Income	5 000	1 000	1 000	1 000
Financial Costs	64 000	43 000	55 000	65 000
Financial Balance	−59 000	−42 000	−54 000	−64 000
Earnings Before Tax	−531 000	1 496 000	735 000	319 000
Tax	−101 000	330 000	171 000	74 000
Net Income	−430 000	1 166 000	564 000	244 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 800 000	2 513 000	2 113 000	1 368 000
Total Current Assets	499 000	2 443 000	399 000	262 000
Total Assets	3 298 000	4 956 000	2 512 000	1 631 000
Total Retained Equity	1 662 000	2 092 000	926 000	361 000
Total Equity	1 762 000	2 192 000	1 026 000	461 000
Total Long-Term Debt	1 348 000	1 532 000	1 214 000	1 102 000
Total Current Debt	188 000	1 232 000	273 000	67 000
Total Equity and Debt	3 298 000	4 956 000	2 512 000	1 631 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 179 000	2 274 000	1 692 000	1 016 000
Other Income	0	25 000	6 000	0
Revenue	1 179 000	2 299 000	1 698 000	1 016 000
Cost of Goods Sold	481 000	151 000	38 000	145 000
Salary Costs	354 000	200 000	289 000	−44 000
Depreciation	172 000	135 000	104 000	126 000
Impairment	0	0	0	0
Expenditure	1 652 000	760 000	909 000	634 000
Operating Profit	−472 000	1 539 000	789 000	383 000
Financial Income	5 000	1 000	1 000	1 000
Financial Costs	64 000	43 000	55 000	65 000
Financial Balance	−59 000	−42 000	−54 000	−64 000
Dividends	0	0	0	0
Net Income	−430 000	1 166 000	564 000	244 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	96 000	0	14 000	45 000
Real Eastate	1 498 000	1 595 000	1 596 000	1 221 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	644 000	694 000	280 000	103 000
Total Tangible Assets	2 142 000	2 289 000	1 876 000	1 324 000
Total Fiancial Fixed Assets	562 000	223 000	222 000	0
Total Fixed Assets	2 800 000	2 513 000	2 113 000	1 368 000
Stock	0	285 000	285 000	0
Total Investments	0	0	0	0
Cash, Bank	318 000	1 271 000	63 000	110 000
Total Current Assets	499 000	2 443 000	399 000	262 000
Total Assets	3 298 000	4 956 000	2 512 000	1 631 000
Total Equity	1 762 000	2 192 000	1 026 000	461 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 348 000	1 532 000	1 214 000	1 102 000
Creditors	75 000	25 000	46 000	36 000
Unpaid Taxes	43 000	24 000	24 000	18 000
Dividends	0	0	0	0
Other Current Debt	70 000	872 000	62 000	13 000
Total Current Debt	188 000	1 232 000	273 000	67 000
Total Equity and Debt	3 298 000	4 956 000	2 512 000	1 631 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−24,4 %	53,19 %	54,97 %	52,93 %
Debt-to-Equity Ratio	0,77	0,7	1,18	2,39
Operating Profit Margin	−40,03 %	66,94 %	46,47 %	37,7 %
Current Ratio	2,65	1,98	1,46	3,91
Quick Ratio	2,65	2,58	−33,25	3,91
Equity Ratio	0,53	0,44	0,41	0,28
Gross Profit Margin	59,2 %	93,43 %	97,76 %	85,73 %