ADDERO AS

1630 GAMLE FREDRIKSTAD

Finances

Share Ownership

Return on Equity

963,98 %

Current Ratio

0,86

Debt-to-Equity Ratio

0,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 828 000	5 600 000	4 046 000	2 210 000
Net Income	1 552 000	989 000	514 000	6 000
Total Assets	3 725 000	2 225 000	1 416 000	470 000
Total Equity	161 000	109 000	120 000	106 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 828 000	5 600 000	4 046 000	2 210 000
Expenditure	6 847 000	4 334 000	3 387 000	2 203 000
Operating Profit	1 981 000	1 266 000	659 000	7 000
Financial Income	9 000	2 000	1 000	1 000
Financial Costs	0	0	0	0
Financial Balance	9 000	2 000	1 000	1 000
Earnings Before Tax	1 991 000	1 268 000	660 000	8 000
Tax	438 000	279 000	145 000	2 000
Net Income	1 552 000	989 000	514 000	6 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	680 000	24 000	24 000	24 000
Total Current Assets	3 044 000	2 201 000	1 393 000	446 000
Total Assets	3 725 000	2 225 000	1 416 000	470 000
Total Retained Equity	61 000	9 000	20 000	6 000
Total Equity	161 000	109 000	120 000	106 000
Total Long-Term Debt	20 000	0	1 000	0
Total Current Debt	3 543 000	2 116 000	1 296 000	364 000
Total Equity and Debt	3 725 000	2 225 000	1 416 000	470 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 331 000	5 290 000	3 834 000	2 167 000
Other Income	498 000	310 000	213 000	43 000
Revenue	8 828 000	5 600 000	4 046 000	2 210 000
Cost of Goods Sold	5 000	0	7 000	0
Salary Costs	5 605 000	3 556 000	2 685 000	1 610 000
Depreciation	44 000	0	0	0
Impairment	0	0	0	0
Expenditure	6 847 000	4 334 000	3 387 000	2 203 000
Operating Profit	1 981 000	1 266 000	659 000	7 000
Financial Income	9 000	2 000	1 000	1 000
Financial Costs	0	0	0	0
Financial Balance	9 000	2 000	1 000	1 000
Dividends	1 500 000	1 000 000	500 000	0
Net Income	1 552 000	989 000	514 000	6 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	656 000	0	0	0
Total Intangible Assets	656 000	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	24 000	24 000	24 000	24 000
Total Fixed Assets	680 000	24 000	24 000	24 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 293 000	2 052 000	1 255 000	399 000
Total Current Assets	3 044 000	2 201 000	1 393 000	446 000
Total Assets	3 725 000	2 225 000	1 416 000	470 000
Total Equity	161 000	109 000	120 000	106 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	20 000	0	1 000	0
Creditors	199 000	29 000	49 000	5 000
Unpaid Taxes	935 000	489 000	374 000	217 000
Dividends	1 500 000	1 000 000	500 000	0
Other Current Debt	491 000	318 000	228 000	140 000
Total Current Debt	3 543 000	2 116 000	1 296 000	364 000
Total Equity and Debt	3 725 000	2 225 000	1 416 000	470 000

Financial indicators	2022	2021	2020	2019
Return on Equity	963,98 %	907,34 %	428,33 %	5,66 %
Debt-to-Equity Ratio	0,12	0	0,01	0
Operating Profit Margin	22,44 %	22,61 %	16,29 %	0,32 %
Current Ratio	0,86	1,04	1,07	1,23
Quick Ratio	0,86	1,04	1,07	1,23
Equity Ratio	0,04	0,05	0,08	0,23
Gross Profit Margin	99,94 %	100 %	99,83 %	100 %