AVALON SPA & HELSE AS

3921 PORSGRUNN

Finances

Share Ownership

Return on Equity

−10,08 %

Current Ratio

0,04

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	969 000	1 165 000	1 154 000	1 522 000
Net Income	110 000	−337 000	−235 000	−96 000
Total Assets	70 000	170 000	486 000	720 000
Total Equity	−1 091 000	−1 201 000	−864 000	−629 000

Income (NOK)	2022	2021	2020	2019
Revenue	969 000	1 165 000	1 154 000	1 522 000
Expenditure	844 000	1 241 000	1 427 000	1 626 000
Operating Profit	124 000	−76 000	−274 000	−103 000
Financial Income	0	0	0	11 000
Financial Costs	14 000	25 000	28 000	28 000
Financial Balance	−14 000	−25 000	−28 000	−17 000
Earnings Before Tax	110 000	−101 000	−301 000	−120 000
Tax	0	235 000	−66 000	−24 000
Net Income	110 000	−337 000	−235 000	−96 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	23 000	34 000	288 000	185 000
Total Current Assets	46 000	136 000	198 000	536 000
Total Assets	70 000	170 000	486 000	720 000
Total Retained Equity	−1 121 000	−1 231 000	−894 000	−659 000
Total Equity	−1 091 000	−1 201 000	−864 000	−629 000
Total Long-Term Debt	0	78 000	227 000	334 000
Total Current Debt	1 160 000	1 294 000	1 124 000	1 016 000
Total Equity and Debt	70 000	170 000	486 000	720 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	965 000	1 163 000	1 154 000	1 509 000
Other Income	4 000	2 000	0	13 000
Revenue	969 000	1 165 000	1 154 000	1 522 000
Cost of Goods Sold	111 000	69 000	147 000	217 000
Salary Costs	253 000	584 000	650 000	887 000
Depreciation	11 000	19 000	17 000	8 000
Impairment	0	0	0	0
Expenditure	844 000	1 241 000	1 427 000	1 626 000
Operating Profit	124 000	−76 000	−274 000	−103 000
Financial Income	0	0	0	11 000
Financial Costs	14 000	25 000	28 000	28 000
Financial Balance	−14 000	−25 000	−28 000	−17 000
Dividends	0	0	0	0
Net Income	110 000	−337 000	−235 000	−96 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	235 000	169 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	23 000	34 000	53 000	16 000
Total Tangible Assets	23 000	34 000	53 000	16 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	23 000	34 000	288 000	185 000
Stock	31 000	79 000	48 000	59 000
Total Investments	0	0	0	0
Cash, Bank	16 000	57 000	70 000	308 000
Total Current Assets	46 000	136 000	198 000	536 000
Total Assets	70 000	170 000	486 000	720 000
Total Equity	−1 091 000	−1 201 000	−864 000	−629 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	78 000	227 000	334 000
Creditors	32 000	91 000	13 000	163 000
Unpaid Taxes	1 000	33 000	58 000	90 000
Dividends	0	0	0	0
Other Current Debt	1 127 000	1 169 000	1 053 000	762 000
Total Current Debt	1 160 000	1 294 000	1 124 000	1 016 000
Total Equity and Debt	70 000	170 000	486 000	720 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−10,08 %	28,06 %	27,2 %	15,26 %
Debt-to-Equity Ratio	−0	−0,06	−0,26	−0,53
Operating Profit Margin	12,8 %	−6,52 %	−23,74 %	−6,77 %
Current Ratio	0,04	0,11	0,18	0,53
Quick Ratio	0,04	0,11	0,18	0,56
Equity Ratio	−15,59	−7,06	−1,78	−0,87
Gross Profit Margin	88,54 %	94,08 %	87,26 %	85,74 %