ASVITO AS

3029 DRAMMEN

Finances

Return on Equity

14,92 %

Current Ratio

1,47

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 620 000	1 821 000	3 969 000	0
Net Income	467 000	188 000	2 466 000	−16 000
Total Assets	3 558 000	3 245 000	3 345 000	34 000
Total Equity	3 130 000	2 662 000	2 474 000	8 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 620 000	1 821 000	3 969 000	0
Expenditure	2 257 000	1 567 000	829 000	16 000
Operating Profit	363 000	254 000	3 140 000	−16 000
Financial Income	195 000	0	0	0
Financial Costs	12 000	13 000	0	0
Financial Balance	183 000	−13 000	0	0
Earnings Before Tax	545 000	241 000	3 139 000	−16 000
Tax	78 000	53 000	673 000	0
Net Income	467 000	188 000	2 466 000	−16 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 928 000	72 000	27 000	27 000
Total Current Assets	629 000	3 173 000	3 319 000	8 000
Total Assets	3 558 000	3 245 000	3 345 000	34 000
Total Retained Equity	3 100 000	2 632 000	2 444 000	−22 000
Total Equity	3 130 000	2 662 000	2 474 000	8 000
Total Long-Term Debt	0	2 000	0	0
Total Current Debt	428 000	581 000	871 000	26 000
Total Equity and Debt	3 558 000	3 245 000	3 345 000	34 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 620 000	1 821 000	3 969 000	0
Other Income	0	0	0	0
Revenue	2 620 000	1 821 000	3 969 000	0
Cost of Goods Sold	16 000	17 000	1 000	0
Salary Costs	2 013 000	1 434 000	773 000	0
Depreciation	17 000	5 000	0	0
Impairment	0	0	0	0
Expenditure	2 257 000	1 567 000	829 000	16 000
Operating Profit	363 000	254 000	3 140 000	−16 000
Financial Income	195 000	0	0	0
Financial Costs	12 000	13 000	0	0
Financial Balance	183 000	−13 000	0	0
Dividends	0	0	0	0
Net Income	467 000	188 000	2 466 000	−16 000

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	0	0	0	0
Fixtures	29 000	46 000	0	0
Total Tangible Assets	29 000	46 000	0	0
Total Fiancial Fixed Assets	2 899 000	27 000	27 000	27 000
Total Fixed Assets	2 928 000	72 000	27 000	27 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	397 000	309 000	50 000	7 000
Total Current Assets	629 000	3 173 000	3 319 000	8 000
Total Assets	3 558 000	3 245 000	3 345 000	34 000
Total Equity	3 130 000	2 662 000	2 474 000	8 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	2 000	0	0
Creditors	22 000	33 000	7 000	0
Unpaid Taxes	237 000	304 000	114 000	0
Dividends	0	0	0	0
Other Current Debt	90 000	193 000	77 000	26 000
Total Current Debt	428 000	581 000	871 000	26 000
Total Equity and Debt	3 558 000	3 245 000	3 345 000	34 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,92 %	7,06 %	99,68 %	−200 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	13,85 %	13,95 %	79,11 %	-
Current Ratio	1,47	5,46	3,81	0,31
Quick Ratio	1,47	5,46	3,81	0,31
Equity Ratio	0,88	0,82	0,74	0,24
Gross Profit Margin	99,39 %	99,07 %	99,97 %	-