ADVANCE EIENDOM AS

2816 GJØVIK

Finances

Share Ownership

Return on Equity

58 %

Current Ratio

5,29

Debt-to-Equity Ratio

99,5

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 352 000	1 285 000	1 167 000	1 002 000
Net Income	29 000	261 000	114 000	31 000
Total Assets	5 165 000	5 583 000	6 130 000	6 214 000
Total Equity	50 000	−198 000	−459 000	−573 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 352 000	1 285 000	1 167 000	1 002 000
Expenditure	1 037 000	764 000	773 000	750 000
Operating Profit	315 000	521 000	393 000	252 000
Financial Income	5 000	0	3 000	4 000
Financial Costs	202 000	170 000	205 000	217 000
Financial Balance	−197 000	−170 000	−202 000	−213 000
Earnings Before Tax	118 000	352 000	191 000	39 000
Tax	88 000	91 000	77 000	9 000
Net Income	29 000	261 000	114 000	31 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 424 000	4 817 000	5 232 000	5 705 000
Total Current Assets	741 000	766 000	898 000	510 000
Total Assets	5 165 000	5 583 000	6 130 000	6 214 000
Total Retained Equity	−230 000	−228 000	−489 000	−603 000
Total Equity	50 000	−198 000	−459 000	−573 000
Total Long-Term Debt	4 975 000	5 675 000	6 535 000	6 732 000
Total Current Debt	140 000	105 000	54 000	55 000
Total Equity and Debt	5 165 000	5 583 000	6 130 000	6 214 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	206 000	1 285 000	1 167 000	109 000
Other Income	1 146 000	0	0	893 000
Revenue	1 352 000	1 285 000	1 167 000	1 002 000
Cost of Goods Sold	0	6 000	0	5 000
Salary Costs	0	0	0	0
Depreciation	435 000	464 000	500 000	485 000
Impairment	0	294 000	0	0
Expenditure	1 037 000	764 000	773 000	750 000
Operating Profit	315 000	521 000	393 000	252 000
Financial Income	5 000	0	3 000	4 000
Financial Costs	202 000	170 000	205 000	217 000
Financial Balance	−197 000	−170 000	−202 000	−213 000
Dividends	0	0	0	0
Net Income	29 000	261 000	114 000	31 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	36 000	71 000	102 000	179 000
Real Eastate	4 138 000	4 525 000	4 939 000	5 374 000
Machinery and Plant Facilities	0	0	191 000	152 000
Fixtures	0	0	0	0
Total Tangible Assets	4 138 000	4 525 000	5 130 000	5 526 000
Total Fiancial Fixed Assets	250 000	220 000	0	0
Total Fixed Assets	4 424 000	4 817 000	5 232 000	5 705 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	625 000	605 000	765 000	369 000
Total Current Assets	741 000	766 000	898 000	510 000
Total Assets	5 165 000	5 583 000	6 130 000	6 214 000
Total Equity	50 000	−198 000	−459 000	−573 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 975 000	5 675 000	6 535 000	6 732 000
Creditors	6 000	2 000	12 000	23 000
Unpaid Taxes	21 000	43 000	42 000	31 000
Dividends	0	0	0	0
Other Current Debt	28 000	0	0	0
Total Current Debt	140 000	105 000	54 000	55 000
Total Equity and Debt	5 165 000	5 583 000	6 130 000	6 214 000

Financial indicators	2022	2021	2020	2019
Return on Equity	58 %	−131,82 %	−24,84 %	−5,41 %
Debt-to-Equity Ratio	99,5	−28,66	−14,24	−11,75
Operating Profit Margin	23,3 %	40,54 %	33,68 %	25,15 %
Current Ratio	5,29	7,3	16,63	9,27
Quick Ratio	5,29	7,3	16,63	9,27
Equity Ratio	0,01	−0,04	−0,07	−0,09
Gross Profit Margin	100 %	99,53 %	100 %	99,5 %