ADAN MACHINERY AS

1592 VÅLER I ØSTFOLD

Finances

Share Ownership

Return on Equity

−47,93 %

Current Ratio

1,59

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	740 000	509 000	393 000	668 000
Net Income	−104 000	−183 000	358 000	−31 000
Total Assets	458 000	442 000	570 000	379 000
Total Equity	217 000	320 000	503 000	145 000

Income (NOK)	2022	2021	2020	2019
Revenue	740 000	509 000	393 000	668 000
Expenditure	837 000	699 000	−41 000	687 000
Operating Profit	−96 000	−188 000	433 000	−19 000
Financial Income	1 000	5 000	0	1 000
Financial Costs	8 000	7 000	14 000	13 000
Financial Balance	−7 000	−2 000	−14 000	−12 000
Earnings Before Tax	−104 000	−190 000	420 000	−31 000
Tax	0	−7 000	62 000	0
Net Income	−104 000	−183 000	358 000	−31 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	75 000	156 000	258 000	0
Total Current Assets	383 000	286 000	312 000	379 000
Total Assets	458 000	442 000	570 000	379 000
Total Retained Equity	187 000	290 000	473 000	115 000
Total Equity	217 000	320 000	503 000	145 000
Total Long-Term Debt	0	0	7 000	0
Total Current Debt	241 000	122 000	60 000	233 000
Total Equity and Debt	458 000	442 000	570 000	379 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	723 000	458 000	393 000	668 000
Other Income	18 000	51 000	0	0
Revenue	740 000	509 000	393 000	668 000
Cost of Goods Sold	643 000	441 000	−135 000	584 000
Salary Costs	0	0	0	0
Depreciation	22 000	27 000	39 000	14 000
Impairment	0	0	0	0
Expenditure	837 000	699 000	−41 000	687 000
Operating Profit	−96 000	−188 000	433 000	−19 000
Financial Income	1 000	5 000	0	1 000
Financial Costs	8 000	7 000	14 000	13 000
Financial Balance	−7 000	−2 000	−14 000	−12 000
Dividends	0	0	0	0
Net Income	−104 000	−183 000	358 000	−31 000

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	11 000	156 000	0	0
Fixtures	64 000	0	258 000	0
Total Tangible Assets	75 000	156 000	258 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	75 000	156 000	258 000	0
Stock	0	0	0	100 000
Total Investments	0	0	0	0
Cash, Bank	98 000	1 000	7 000	6 000
Total Current Assets	383 000	286 000	312 000	379 000
Total Assets	458 000	442 000	570 000	379 000
Total Equity	217 000	320 000	503 000	145 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	7 000	0
Creditors	4 000	18 000	0	−3 000
Unpaid Taxes	129 000	25 000	0	1 000
Dividends	0	0	0	0
Other Current Debt	75 000	46 000	5 000	235 000
Total Current Debt	241 000	122 000	60 000	233 000
Total Equity and Debt	458 000	442 000	570 000	379 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−47,93 %	−57,19 %	71,17 %	−21,38 %
Debt-to-Equity Ratio	0	0	0,01	0
Operating Profit Margin	−12,97 %	−36,94 %	110,18 %	−2,84 %
Current Ratio	1,59	2,34	5,2	1,63
Quick Ratio	1,59	2,34	5,2	2,85
Equity Ratio	0,47	0,72	0,88	0,38
Gross Profit Margin	13,11 %	13,36 %	134,35 %	12,57 %