ADORE AS

5017 BERGEN

Finances

Share Ownership

Return on Equity

9,82 %

Current Ratio

1,17

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 441 000	1 289 000	1 230 000	1 522 000
Net Income	16 000	−51 000	−24 000	−109 000
Total Assets	598 000	703 000	826 000	543 000
Total Equity	163 000	146 000	197 000	221 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 441 000	1 289 000	1 230 000	1 522 000
Expenditure	1 450 000	1 360 000	1 252 000	1 658 000
Operating Profit	−8 000	−71 000	−22 000	−136 000
Financial Income	34 000	21 000	6 000	0
Financial Costs	5 000	6 000	23 000	4 000
Financial Balance	29 000	15 000	−17 000	−4 000
Earnings Before Tax	21 000	−56 000	−39 000	−140 000
Tax	5 000	−5 000	−15 000	−31 000
Net Income	16 000	−51 000	−24 000	−109 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	90 000	95 000	83 000	75 000
Total Current Assets	508 000	608 000	743 000	468 000
Total Assets	598 000	703 000	826 000	543 000
Total Retained Equity	−204 000	−220 000	−169 000	−145 000
Total Equity	163 000	146 000	197 000	221 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	435 000	557 000	629 000	321 000
Total Equity and Debt	598 000	703 000	826 000	543 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 439 000	1 279 000	1 200 000	1 522 000
Other Income	3 000	10 000	30 000	0
Revenue	1 441 000	1 289 000	1 230 000	1 522 000
Cost of Goods Sold	705 000	539 000	530 000	659 000
Salary Costs	378 000	518 000	426 000	664 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 450 000	1 360 000	1 252 000	1 658 000
Operating Profit	−8 000	−71 000	−22 000	−136 000
Financial Income	34 000	21 000	6 000	0
Financial Costs	5 000	6 000	23 000	4 000
Financial Balance	29 000	15 000	−17 000	−4 000
Dividends	0	0	0	0
Net Income	16 000	−51 000	−24 000	−109 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	90 000	95 000	83 000	75 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	90 000	95 000	83 000	75 000
Stock	405 000	281 000	438 000	362 000
Total Investments	0	0	0	0
Cash, Bank	78 000	305 000	283 000	103 000
Total Current Assets	508 000	608 000	743 000	468 000
Total Assets	598 000	703 000	826 000	543 000
Total Equity	163 000	146 000	197 000	221 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	86 000	56 000	29 000	91 000
Unpaid Taxes	81 000	124 000	65 000	84 000
Dividends	0	0	0	0
Other Current Debt	269 000	377 000	534 000	146 000
Total Current Debt	435 000	557 000	629 000	321 000
Total Equity and Debt	598 000	703 000	826 000	543 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,82 %	−34,93 %	−12,18 %	−49,32 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−0,56 %	−5,51 %	−1,79 %	−8,94 %
Current Ratio	1,17	1,09	1,18	1,46
Quick Ratio	16,93	2,2	3,89	−11,41
Equity Ratio	0,27	0,21	0,24	0,41
Gross Profit Margin	51,08 %	58,18 %	56,91 %	56,7 %