ÅDALEN INVEST AS

1708 SARPSBORG

Finances

Return on Equity

36,53 %

Current Ratio

1,18

Debt-to-Equity Ratio

3,3

Key figures (NOK)	2022	2021	2020	2019
Revenue	316 595 000	243 799 000	187 949 000	0
Net Income	12 200 000	11 366 000	7 582 000	3 100 000
Total Assets	263 716 000	204 903 000	179 323 000	54 065 000
Total Equity	33 393 000	38 571 000	37 225 000	37 511 000

Income (NOK)	2022	2021	2020	2019
Revenue	316 595 000	243 799 000	187 949 000	0
Expenditure	295 329 000	228 885 000	175 134 000	80 000
Operating Profit	21 265 000	14 914 000	12 815 000	−80 000
Financial Income	1 650 000	3 443 000	1 076 000	4 487 000
Financial Costs	7 524 000	3 767 000	4 188 000	433 000
Financial Balance	−5 874 000	−324 000	−3 112 000	4 054 000
Earnings Before Tax	15 390 000	14 590 000	9 703 000	3 974 000
Tax	3 190 000	3 224 000	2 121 000	874 000
Net Income	12 200 000	11 366 000	7 582 000	3 100 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	121 874 000	123 201 000	117 199 000	48 716 000
Total Current Assets	141 842 000	81 702 000	62 124 000	5 349 000
Total Assets	263 716 000	204 903 000	179 323 000	54 065 000
Total Retained Equity	31 948 000	37 776 000	37 125 000	37 411 000
Total Equity	33 393 000	38 571 000	37 225 000	37 511 000
Total Long-Term Debt	110 091 000	110 117 000	108 911 000	12 000 000
Total Current Debt	120 232 000	56 215 000	33 187 000	4 554 000
Total Equity and Debt	263 716 000	204 903 000	179 323 000	54 065 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	299 380 000	225 858 000	174 622 000	0
Other Income	17 215 000	17 941 000	13 327 000	0
Revenue	316 595 000	243 799 000	187 949 000	0
Cost of Goods Sold	191 205 000	137 602 000	97 041 000	0
Salary Costs	48 511 000	41 670 000	38 656 000	0
Depreciation	18 218 000	17 965 000	15 467 000	0
Impairment	0	0	0	0
Expenditure	295 329 000	228 885 000	175 134 000	80 000
Operating Profit	21 265 000	14 914 000	12 815 000	−80 000
Financial Income	1 650 000	3 443 000	1 076 000	4 487 000
Financial Costs	7 524 000	3 767 000	4 188 000	433 000
Financial Balance	−5 874 000	−324 000	−3 112 000	4 054 000
Dividends	0	0	3 428 000	416 000
Net Income	12 200 000	11 366 000	7 582 000	3 100 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	165 000	0	0	113 000
Real Eastate	65 586 000	61 296 000	45 579 000	0
Machinery and Plant Facilities	48 598 000	51 510 000	62 058 000	0
Fixtures	6 012 000	7 095 000	7 926 000	0
Total Tangible Assets	120 196 000	119 900 000	115 563 000	0
Total Fiancial Fixed Assets	1 513 000	3 300 000	1 636 000	48 603 000
Total Fixed Assets	121 874 000	123 201 000	117 199 000	48 716 000
Stock	64 027 000	12 821 000	5 728 000	0
Total Investments	0	0	0	0
Cash, Bank	23 808 000	25 309 000	25 161 000	444 000
Total Current Assets	141 842 000	81 702 000	62 124 000	5 349 000
Total Assets	263 716 000	204 903 000	179 323 000	54 065 000
Total Equity	33 393 000	38 571 000	37 225 000	37 511 000
Short-Term Group Debt	0	0	0	4 553 000
Total Long-Term Debt	110 091 000	110 117 000	108 911 000	12 000 000
Creditors	68 403 000	29 462 000	17 089 000	0
Unpaid Taxes	9 723 000	7 015 000	7 234 000	0
Dividends	0	0	3 428 000	416 000
Other Current Debt	35 977 000	17 272 000	6 638 000	1 000
Total Current Debt	120 232 000	56 215 000	33 187 000	4 554 000
Total Equity and Debt	263 716 000	204 903 000	179 323 000	54 065 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,53 %	29,47 %	20,37 %	8,26 %
Debt-to-Equity Ratio	3,3	2,85	2,93	0,32
Operating Profit Margin	6,72 %	6,12 %	6,82 %	-
Current Ratio	1,18	1,45	1,87	1,17
Quick Ratio	2,52	1,88	2,26	1,17
Equity Ratio	0,13	0,19	0,21	0,69
Gross Profit Margin	39,61 %	43,56 %	48,37 %	-