ADFORM NORWAY AS

0157 OSLO

Finances

Share Ownership

Return on Equity

299,22 %

Current Ratio

0,98

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 714 000	10 913 000	8 156 000	11 862 000
Net Income	383 000	504 000	402 000	271 000
Total Assets	2 706 000	2 512 000	2 578 000	2 485 000
Total Equity	128 000	128 000	531 000	399 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 714 000	10 913 000	8 156 000	11 862 000
Expenditure	9 161 000	10 239 000	7 600 000	11 401 000
Operating Profit	553 000	673 000	556 000	461 000
Financial Income	0	2 000	0	0
Financial Costs	10 000	9 000	10 000	14 000
Financial Balance	−10 000	−7 000	−10 000	−14 000
Earnings Before Tax	543 000	666 000	546 000	448 000
Tax	160 000	162 000	144 000	177 000
Net Income	383 000	504 000	402 000	271 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	175 000	110 000	55 000	0
Total Current Assets	2 531 000	2 402 000	2 523 000	2 485 000
Total Assets	2 706 000	2 512 000	2 578 000	2 485 000
Total Retained Equity	−2 000	−2 000	401 000	269 000
Total Equity	128 000	128 000	531 000	399 000
Total Long-Term Debt	6 000	4 000	2 000	0
Total Current Debt	2 572 000	2 379 000	2 046 000	2 087 000
Total Equity and Debt	2 706 000	2 512 000	2 578 000	2 485 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 714 000	10 913 000	8 156 000	11 862 000
Other Income	0	0	0	0
Revenue	9 714 000	10 913 000	8 156 000	11 862 000
Cost of Goods Sold	0	0	0	0
Salary Costs	7 157 000	8 405 000	5 903 000	9 109 000
Depreciation	34 000	14 000	12 000	0
Impairment	0	0	0	0
Expenditure	9 161 000	10 239 000	7 600 000	11 401 000
Operating Profit	553 000	673 000	556 000	461 000
Financial Income	0	2 000	0	0
Financial Costs	10 000	9 000	10 000	14 000
Financial Balance	−10 000	−7 000	−10 000	−14 000
Dividends	383 000	504 000	0	0
Net Income	383 000	504 000	402 000	271 000

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	125 000	81 000	55 000	0
Total Tangible Assets	125 000	81 000	55 000	0
Total Fiancial Fixed Assets	50 000	29 000	0	0
Total Fixed Assets	175 000	110 000	55 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	340 000	−128 000	81 000	342 000
Total Current Assets	2 531 000	2 402 000	2 523 000	2 485 000
Total Assets	2 706 000	2 512 000	2 578 000	2 485 000
Total Equity	128 000	128 000	531 000	399 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 000	4 000	2 000	0
Creditors	68 000	88 000	255 000	181 000
Unpaid Taxes	507 000	431 000	395 000	499 000
Dividends	383 000	504 000	0	0
Other Current Debt	1 455 000	1 197 000	1 254 000	1 230 000
Total Current Debt	2 572 000	2 379 000	2 046 000	2 087 000
Total Equity and Debt	2 706 000	2 512 000	2 578 000	2 485 000

Financial indicators	2022	2021	2020	2019
Return on Equity	299,22 %	393,75 %	75,71 %	67,92 %
Debt-to-Equity Ratio	0,05	0,03	0	0
Operating Profit Margin	5,69 %	6,17 %	6,82 %	3,89 %
Current Ratio	0,98	1,01	1,23	1,19
Quick Ratio	0,98	1,01	1,23	1,19
Equity Ratio	0,05	0,05	0,21	0,16
Gross Profit Margin	100 %	100 %	100 %	100 %