AVEC AS

0157 OSLO

Finances

Share Ownership

Return on Equity

3 665,85 %

Current Ratio

1,54

Debt-to-Equity Ratio

25,61

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 813 000	10 174 000	193 000	0
Net Income	1 503 000	2 441 000	137 000	−13 000
Total Assets	3 050 000	6 600 000	246 000	0
Total Equity	41 000	462 000	100 000	−38 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 813 000	10 174 000	193 000	0
Expenditure	11 884 000	7 038 000	36 000	13 000
Operating Profit	1 929 000	3 135 000	157 000	−13 000
Financial Income	3 000	0	0	0
Financial Costs	3 000	3 000	0	0
Financial Balance	0	−3 000	0	0
Earnings Before Tax	1 929 000	3 133 000	157 000	−13 000
Tax	425 000	691 000	20 000	0
Net Income	1 503 000	2 441 000	137 000	−13 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	43 000	129 000	0	0
Total Current Assets	3 007 000	6 471 000	246 000	0
Total Assets	3 050 000	6 600 000	246 000	0
Total Retained Equity	11 000	432 000	70 000	−68 000
Total Equity	41 000	462 000	100 000	−38 000
Total Long-Term Debt	1 050 000	462 000	0	0
Total Current Debt	1 958 000	5 676 000	147 000	38 000
Total Equity and Debt	3 050 000	6 600 000	246 000	0

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 260 000	9 899 000	193 000	0
Other Income	552 000	275 000	0	0
Revenue	13 813 000	10 174 000	193 000	0
Cost of Goods Sold	1 795 000	864 000	0	0
Salary Costs	8 579 000	5 452 000	0	0
Depreciation	15 000	5 000	0	0
Impairment	0	0	0	0
Expenditure	11 884 000	7 038 000	36 000	13 000
Operating Profit	1 929 000	3 135 000	157 000	−13 000
Financial Income	3 000	0	0	0
Financial Costs	3 000	3 000	0	0
Financial Balance	0	−3 000	0	0
Dividends	1 924 000	2 079 000	0	0
Net Income	1 503 000	2 441 000	137 000	−13 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	30 000	23 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	13 000	106 000	0	0
Total Tangible Assets	13 000	106 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	43 000	129 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 933 000	3 009 000	69 000	0
Total Current Assets	3 007 000	6 471 000	246 000	0
Total Assets	3 050 000	6 600 000	246 000	0
Total Equity	41 000	462 000	100 000	−38 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 050 000	462 000	0	0
Creditors	149 000	233 000	41 000	13 000
Unpaid Taxes	542 000	2 032 000	40 000	0
Dividends	1 924 000	2 079 000	0	0
Other Current Debt	824 000	644 000	46 000	24 000
Total Current Debt	1 958 000	5 676 000	147 000	38 000
Total Equity and Debt	3 050 000	6 600 000	246 000	0

Financial indicators	2022	2021	2020	2019
Return on Equity	3 665,85 %	528,35 %	137 %	34,21 %
Debt-to-Equity Ratio	25,61	1	0	−0
Operating Profit Margin	13,97 %	30,81 %	81,35 %	-
Current Ratio	1,54	1,14	1,67	0
Quick Ratio	1,54	1,14	1,67	0
Equity Ratio	0,01	0,07	0,41	-
Gross Profit Margin	87 %	91,51 %	100 %	-