ADAPA SYSTEMS AS

0256 OSLO

Finances

Share Ownership

Return on Equity

16,83 %

Current Ratio

0,8

Debt-to-Equity Ratio

−1,06

Key figures (NOK)	2021	2020	2019	2018
Revenue	75 000	138 000	30 000	131 000
Net Income	−260 000	1 000	−151 000	−138 000
Total Assets	123 000	70 000	109 000	102 000
Total Equity	−1 545 000	−1 284 000	−1 285 000	−610 000

Income (NOK)	2021	2020	2019	2018
Revenue	75 000	138 000	30 000	131 000
Expenditure	333 000	137 000	181 000	268 000
Operating Profit	−259 000	1 000	−151 000	−138 000
Financial Income	3 000	0	0	0
Financial Costs	4 000	0	0	0
Financial Balance	−1 000	0	0	0
Earnings Before Tax	−260 000	1 000	−151 000	−138 000
Tax	0	0	0	0
Net Income	−260 000	1 000	−151 000	−138 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	99 000	69 000	88 000	100 000
Total Current Assets	24 000	1 000	21 000	2 000
Total Assets	123 000	70 000	109 000	102 000
Total Retained Equity	−1 043 000	−782 000	−783 000	−632 000
Total Equity	−1 545 000	−1 284 000	−1 285 000	−610 000
Total Long-Term Debt	1 637 000	0	0	0
Total Current Debt	30 000	1 354 000	1 395 000	711 000
Total Equity and Debt	123 000	70 000	109 000	102 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	75 000	138 000	30 000	130 000
Other Income	0	0	0	1 000
Revenue	75 000	138 000	30 000	131 000
Cost of Goods Sold	222 000	38 000	7 000	52 000
Salary Costs	0	0	0	0
Depreciation	43 000	51 000	88 000	88 000
Impairment	0	0	0	0
Expenditure	333 000	137 000	181 000	268 000
Operating Profit	−259 000	1 000	−151 000	−138 000
Financial Income	3 000	0	0	0
Financial Costs	4 000	0	0	0
Financial Balance	−1 000	0	0	0
Dividends	0	0	0	0
Net Income	−260 000	1 000	−151 000	−138 000

Balance details (NOK)	2021	2020	2019	2018
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	99 000	69 000	88 000	100 000
Total Tangible Assets	99 000	69 000	88 000	100 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	99 000	69 000	88 000	100 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	23 000	0	1 000	7 000
Total Current Assets	24 000	1 000	21 000	2 000
Total Assets	123 000	70 000	109 000	102 000
Total Equity	−1 545 000	−1 284 000	−1 285 000	−610 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 637 000	0	0	0
Creditors	4 000	1 000	2 000	11 000
Unpaid Taxes	14 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	12 000	1 353 000	1 393 000	700 000
Total Current Debt	30 000	1 354 000	1 395 000	711 000
Total Equity and Debt	123 000	70 000	109 000	102 000

Financial indicators	2021	2020	2019	2018
Return on Equity	16,83 %	−0,08 %	11,75 %	22,62 %
Debt-to-Equity Ratio	−1,06	−0	−0	−0
Operating Profit Margin	−345,33 %	0,72 %	−503,33 %	−105,34 %
Current Ratio	0,8	0	0,02	0
Quick Ratio	0,8	0	0,02	0
Equity Ratio	−12,56	−18,34	−11,79	−5,98
Gross Profit Margin	−196 %	72,46 %	76,67 %	60,31 %