ADRIATIC + AS

0553 OSLO

Finances

Share Ownership

Return on Equity

−8,23 %

Current Ratio

0,06

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 777 000	5 919 000	5 232 000	3 921 000
Net Income	93 000	835 000	423 000	−752 000
Total Assets	99 000	96 000	67 000	135 000
Total Equity	−1 130 000	−1 223 000	−2 058 000	−2 481 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 777 000	5 919 000	5 232 000	3 921 000
Expenditure	7 683 000	5 080 000	4 782 000	4 153 000
Operating Profit	94 000	839 000	451 000	−232 000
Financial Income	0	0	0	0
Financial Costs	1 000	4 000	27 000	25 000
Financial Balance	−1 000	−4 000	−27 000	−25 000
Earnings Before Tax	93 000	835 000	423 000	−257 000
Tax	0	0	0	495 000
Net Income	93 000	835 000	423 000	−752 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	30 000	17 000	48 000	102 000
Total Current Assets	69 000	79 000	19 000	33 000
Total Assets	99 000	96 000	67 000	135 000
Total Retained Equity	−1 160 000	−1 253 000	−2 088 000	−2 511 000
Total Equity	−1 130 000	−1 223 000	−2 058 000	−2 481 000
Total Long-Term Debt	0	0	0	28 000
Total Current Debt	1 229 000	1 319 000	2 125 000	2 588 000
Total Equity and Debt	99 000	96 000	67 000	135 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 763 000	5 919 000	5 222 000	3 921 000
Other Income	14 000	0	10 000	0
Revenue	7 777 000	5 919 000	5 232 000	3 921 000
Cost of Goods Sold	2 838 000	1 892 000	1 868 000	1 324 000
Salary Costs	3 167 000	2 093 000	1 862 000	2 015 000
Depreciation	12 000	31 000	55 000	52 000
Impairment	0	0	0	0
Expenditure	7 683 000	5 080 000	4 782 000	4 153 000
Operating Profit	94 000	839 000	451 000	−232 000
Financial Income	0	0	0	0
Financial Costs	1 000	4 000	27 000	25 000
Financial Balance	−1 000	−4 000	−27 000	−25 000
Dividends	0	0	0	0
Net Income	93 000	835 000	423 000	−752 000

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	20 000	0	0	0
Fixtures	10 000	17 000	48 000	102 000
Total Tangible Assets	30 000	17 000	48 000	102 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	30 000	17 000	48 000	102 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	65 000	63 000	5 000	12 000
Total Current Assets	69 000	79 000	19 000	33 000
Total Assets	99 000	96 000	67 000	135 000
Total Equity	−1 130 000	−1 223 000	−2 058 000	−2 481 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	28 000
Creditors	245 000	0	2 000	208 000
Unpaid Taxes	211 000	134 000	165 000	133 000
Dividends	0	0	0	0
Other Current Debt	774 000	1 185 000	1 957 000	2 247 000
Total Current Debt	1 229 000	1 319 000	2 125 000	2 588 000
Total Equity and Debt	99 000	96 000	67 000	135 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−8,23 %	−68,27 %	−20,55 %	30,31 %
Debt-to-Equity Ratio	−0	−0	−0	−0,01
Operating Profit Margin	1,21 %	14,17 %	8,62 %	−5,92 %
Current Ratio	0,06	0,06	0,01	0,01
Quick Ratio	0,06	0,06	0,01	0,01
Equity Ratio	−11,41	−12,74	−30,72	−18,38
Gross Profit Margin	63,51 %	68,04 %	64,3 %	66,23 %