ADVENGE CONSULTING AS

0470 OSLO

Finances

Return on Equity

−74,84 %

Current Ratio

1,56

Debt-to-Equity Ratio

1,53

Key figures (NOK)	2022	2021	2020	2019
Revenue	334 000	145 000	20 000	864 000
Net Income	−119 000	69 000	−70 000	75 000
Total Assets	921 000	556 000	509 000	1 486 000
Total Equity	159 000	278 000	209 000	279 000

Income (NOK)	2022	2021	2020	2019
Revenue	334 000	145 000	20 000	864 000
Expenditure	454 000	76 000	90 000	768 000
Operating Profit	−120 000	69 000	−70 000	95 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	1 000
Earnings Before Tax	−119 000	69 000	−70 000	96 000
Tax	0	0	0	21 000
Net Income	−119 000	69 000	−70 000	75 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	115 000	265 000	210 000	210 000
Total Current Assets	806 000	291 000	299 000	1 276 000
Total Assets	921 000	556 000	509 000	1 486 000
Total Retained Equity	0	0	0	0
Total Equity	159 000	278 000	209 000	279 000
Total Long-Term Debt	244 000	200 000	0	38 000
Total Current Debt	518 000	78 000	303 000	1 169 000
Total Equity and Debt	921 000	556 000	512 000	1 486 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	334 000	145 000	20 000	864 000
Other Income	0	0	0	0
Revenue	334 000	145 000	20 000	864 000
Cost of Goods Sold	0	0	0	0
Salary Costs	365 000	0	0	495 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	454 000	76 000	90 000	768 000
Operating Profit	−120 000	69 000	−70 000	95 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	1 000
Dividends	0	0	0	0
Net Income	−119 000	69 000	−70 000	75 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	115 000	265 000	210 000	210 000
Total Fixed Assets	115 000	265 000	210 000	210 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	806 000	291 000	299 000	1 276 000
Total Current Assets	806 000	291 000	299 000	1 276 000
Total Assets	921 000	556 000	509 000	1 486 000
Total Equity	159 000	278 000	209 000	279 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	244 000	200 000	0	38 000
Creditors	0	0	0	0
Unpaid Taxes	115 000	−9 000	−7 000	264 000
Dividends	0	0	0	0
Other Current Debt	403 000	87 000	310 000	905 000
Total Current Debt	518 000	78 000	303 000	1 169 000
Total Equity and Debt	921 000	556 000	512 000	1 486 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−74,84 %	24,82 %	−33,49 %	26,88 %
Debt-to-Equity Ratio	1,53	0,72	0	0,14
Operating Profit Margin	−35,93 %	47,59 %	−350 %	11 %
Current Ratio	1,56	3,73	0,99	1,09
Quick Ratio	1,56	3,73	0,99	1,09
Equity Ratio	0,17	0,5	0,41	0,19
Gross Profit Margin	100 %	100 %	100 %	100 %