AVICENNA AS

7340 OPPDAL

Finances

Return on Equity

−46,31 %

Current Ratio

1,21

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 869 000	2 443 000	495 000	34 000
Net Income	−3 014 000	16 587 000	662 000	−2 945 000
Total Assets	22 537 000	27 953 000	22 550 000	16 380 000
Total Equity	6 509 000	12 123 000	2 537 000	1 874 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 869 000	2 443 000	495 000	34 000
Expenditure	724 000	723 000	491 000	506 000
Operating Profit	1 145 000	1 719 000	4 000	−472 000
Financial Income	3 584 000	24 181 000	1 169 000	3 094 000
Financial Costs	7 743 000	9 314 000	511 000	5 567 000
Financial Balance	−4 159 000	14 867 000	658 000	−2 473 000
Earnings Before Tax	−3 014 000	16 587 000	662 000	−2 945 000
Tax	0	0	0	0
Net Income	−3 014 000	16 587 000	662 000	−2 945 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 632 000	4 325 000	8 732 000	8 301 000
Total Current Assets	18 905 000	23 629 000	13 818 000	8 079 000
Total Assets	22 537 000	27 953 000	22 550 000	16 380 000
Total Retained Equity	6 479 000	12 093 000	2 507 000	1 844 000
Total Equity	6 509 000	12 123 000	2 537 000	1 874 000
Total Long-Term Debt	447 000	619 000	789 000	971 000
Total Current Debt	15 580 000	15 210 000	19 224 000	13 535 000
Total Equity and Debt	22 537 000	27 953 000	22 550 000	16 380 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 269 000	2 443 000	495 000	0
Other Income	600 000	0	0	34 000
Revenue	1 869 000	2 443 000	495 000	34 000
Cost of Goods Sold	0	0	0	0
Salary Costs	22 000	17 000	20 000	21 000
Depreciation	100 000	287 000	287 000	287 000
Impairment	0	0	0	0
Expenditure	724 000	723 000	491 000	506 000
Operating Profit	1 145 000	1 719 000	4 000	−472 000
Financial Income	3 584 000	24 181 000	1 169 000	3 094 000
Financial Costs	7 743 000	9 314 000	511 000	5 567 000
Financial Balance	−4 159 000	14 867 000	658 000	−2 473 000
Dividends	0	2 000 000	0	0
Net Income	−3 014 000	16 587 000	662 000	−2 945 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 094 000	2 094 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	228 000	296 000	582 000	669 000
Total Tangible Assets	2 322 000	2 389 000	582 000	669 000
Total Fiancial Fixed Assets	1 310 000	1 935 000	8 150 000	7 632 000
Total Fixed Assets	3 632 000	4 325 000	8 732 000	8 301 000
Stock	0	0	0	0
Total Investments	18 801 000	21 622 000	11 527 000	6 312 000
Cash, Bank	72 000	1 226 000	29 000	50 000
Total Current Assets	18 905 000	23 629 000	13 818 000	8 079 000
Total Assets	22 537 000	27 953 000	22 550 000	16 380 000
Total Equity	6 509 000	12 123 000	2 537 000	1 874 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	447 000	619 000	789 000	971 000
Creditors	66 000	54 000	52 000	43 000
Unpaid Taxes	11 000	6 000	14 000	4 000
Dividends	0	2 000 000	0	0
Other Current Debt	558 000	495 000	8 998 000	8 956 000
Total Current Debt	15 580 000	15 210 000	19 224 000	13 535 000
Total Equity and Debt	22 537 000	27 953 000	22 550 000	16 380 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−46,31 %	136,82 %	26,09 %	−157,15 %
Debt-to-Equity Ratio	0,07	0,05	0,31	0,52
Operating Profit Margin	61,26 %	70,36 %	0,81 %	−1 388,24 %
Current Ratio	1,21	1,55	0,72	0,6
Quick Ratio	1,21	1,55	0,72	0,6
Equity Ratio	0,29	0,43	0,11	0,11
Gross Profit Margin	100 %	100 %	100 %	100 %