AVARON AS

1368 STABEKK

Finances

Return on Equity

30,63 %

Current Ratio

1,05

Debt-to-Equity Ratio

3,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 057 000	2 619 000	2 464 000	2 291 000
Net Income	975 000	420 000	594 000	−84 000
Total Assets	14 584 000	6 782 000	6 796 000	3 675 000
Total Equity	3 183 000	2 207 000	1 899 000	1 306 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 057 000	2 619 000	2 464 000	2 291 000
Expenditure	1 477 000	1 898 000	1 607 000	2 340 000
Operating Profit	1 580 000	722 000	858 000	−50 000
Financial Income	53 000	0	0	0
Financial Costs	377 000	163 000	97 000	58 000
Financial Balance	−324 000	−163 000	−97 000	−58 000
Earnings Before Tax	1 256 000	559 000	761 000	−107 000
Tax	280 000	139 000	167 000	−24 000
Net Income	975 000	420 000	594 000	−84 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 824 000	6 320 000	6 488 000	3 316 000
Total Current Assets	1 760 000	461 000	308 000	359 000
Total Assets	14 584 000	6 782 000	6 796 000	3 675 000
Total Retained Equity	3 153 000	2 177 000	1 869 000	1 276 000
Total Equity	3 183 000	2 207 000	1 899 000	1 306 000
Total Long-Term Debt	9 732 000	4 858 000	5 135 000	2 826 000
Total Current Debt	1 670 000	−284 000	−239 000	−457 000
Total Equity and Debt	14 584 000	6 782 000	6 796 000	3 675 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 979 000	2 518 000	2 464 000	2 291 000
Other Income	78 000	102 000	0	0
Revenue	3 057 000	2 619 000	2 464 000	2 291 000
Cost of Goods Sold	101 000	3 000	39 000	0
Salary Costs	654 000	1 166 000	945 000	1 582 000
Depreciation	253 000	225 000	212 000	212 000
Impairment	0	0	0	0
Expenditure	1 477 000	1 898 000	1 607 000	2 340 000
Operating Profit	1 580 000	722 000	858 000	−50 000
Financial Income	53 000	0	0	0
Financial Costs	377 000	163 000	97 000	58 000
Financial Balance	−324 000	−163 000	−97 000	−58 000
Dividends	0	112 000	0	0
Net Income	975 000	420 000	594 000	−84 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	11 356 000	5 922 000	5 922 000	2 538 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 468 000	398 000	566 000	778 000
Total Tangible Assets	12 824 000	6 320 000	6 488 000	3 316 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	12 824 000	6 320 000	6 488 000	3 316 000
Stock	0	0	0	0
Total Investments	900 000	0	0	0
Cash, Bank	861 000	147 000	53 000	108 000
Total Current Assets	1 760 000	461 000	308 000	359 000
Total Assets	14 584 000	6 782 000	6 796 000	3 675 000
Total Equity	3 183 000	2 207 000	1 899 000	1 306 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	9 732 000	4 858 000	5 135 000	2 826 000
Creditors	8 000	62 000	25 000	23 000
Unpaid Taxes	81 000	159 000	177 000	131 000
Dividends	0	112 000	0	0
Other Current Debt	1 307 000	−652 000	−612 000	−612 000
Total Current Debt	1 670 000	−284 000	−239 000	−457 000
Total Equity and Debt	14 584 000	6 782 000	6 796 000	3 675 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,63 %	19,03 %	31,28 %	−6,43 %
Debt-to-Equity Ratio	3,06	2,2	2,7	2,16
Operating Profit Margin	51,68 %	27,57 %	34,82 %	−2,18 %
Current Ratio	1,05	−1,62	−1,29	−0,79
Quick Ratio	1,05	−1,62	−1,29	−0,79
Equity Ratio	0,22	0,33	0,28	0,36
Gross Profit Margin	96,7 %	99,89 %	98,42 %	100 %