ADSERØ BILVERKSTED AS

7044 TRONDHEIM

Finances

Share Ownership

Return on Equity

60,73 %

Current Ratio

1,7

Debt-to-Equity Ratio

0,61

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 853 000	14 883 000	13 890 000	12 926 000
Net Income	1 772 000	1 515 000	1 324 000	1 122 000
Total Assets	8 752 000	6 809 000	5 535 000	4 074 000
Total Equity	2 918 000	2 146 000	1 531 000	1 107 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 853 000	14 883 000	13 890 000	12 926 000
Expenditure	13 528 000	12 916 000	12 173 000	11 467 000
Operating Profit	2 325 000	1 967 000	1 716 000	1 459 000
Financial Income	1 000	0	3 000	6 000
Financial Costs	53 000	25 000	21 000	26 000
Financial Balance	−52 000	−25 000	−18 000	−20 000
Earnings Before Tax	2 272 000	1 943 000	1 698 000	1 439 000
Tax	500 000	428 000	374 000	317 000
Net Income	1 772 000	1 515 000	1 324 000	1 122 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 855 000	1 213 000	919 000	301 000
Total Current Assets	6 897 000	5 596 000	4 615 000	3 773 000
Total Assets	8 752 000	6 809 000	5 535 000	4 074 000
Total Retained Equity	2 033 000	1 260 000	645 000	222 000
Total Equity	2 918 000	2 146 000	1 531 000	1 107 000
Total Long-Term Debt	1 788 000	969 000	662 000	247 000
Total Current Debt	4 046 000	3 694 000	3 342 000	2 720 000
Total Equity and Debt	8 752 000	6 809 000	5 535 000	4 074 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 923 000	14 883 000	13 890 000	12 924 000
Other Income	−70 000	0	0	2 000
Revenue	15 853 000	14 883 000	13 890 000	12 926 000
Cost of Goods Sold	5 090 000	5 056 000	4 846 000	4 462 000
Salary Costs	5 404 000	4 972 000	4 160 000	3 546 000
Depreciation	341 000	281 000	240 000	270 000
Impairment	0	0	0	0
Expenditure	13 528 000	12 916 000	12 173 000	11 467 000
Operating Profit	2 325 000	1 967 000	1 716 000	1 459 000
Financial Income	1 000	0	3 000	6 000
Financial Costs	53 000	25 000	21 000	26 000
Financial Balance	−52 000	−25 000	−18 000	−20 000
Dividends	1 000 000	900 000	900 000	900 000
Net Income	1 772 000	1 515 000	1 324 000	1 122 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 000	27 000	36 000	55 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	10 000	134 000
Fixtures	1 853 000	1 186 000	874 000	108 000
Total Tangible Assets	1 853 000	1 186 000	884 000	242 000
Total Fiancial Fixed Assets	0	0	0	3 000
Total Fixed Assets	1 855 000	1 213 000	919 000	301 000
Stock	91 000	157 000	120 000	91 000
Total Investments	0	0	0	0
Cash, Bank	4 802 000	3 658 000	3 073 000	2 354 000
Total Current Assets	6 897 000	5 596 000	4 615 000	3 773 000
Total Assets	8 752 000	6 809 000	5 535 000	4 074 000
Total Equity	2 918 000	2 146 000	1 531 000	1 107 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 788 000	969 000	662 000	247 000
Creditors	1 081 000	732 000	868 000	547 000
Unpaid Taxes	662 000	903 000	554 000	439 000
Dividends	1 000 000	900 000	900 000	900 000
Other Current Debt	828 000	740 000	665 000	484 000
Total Current Debt	4 046 000	3 694 000	3 342 000	2 720 000
Total Equity and Debt	8 752 000	6 809 000	5 535 000	4 074 000

Financial indicators	2022	2021	2020	2019
Return on Equity	60,73 %	70,6 %	86,48 %	101,36 %
Debt-to-Equity Ratio	0,61	0,45	0,43	0,22
Operating Profit Margin	14,67 %	13,22 %	12,35 %	11,29 %
Current Ratio	1,7	1,51	1,38	1,39
Quick Ratio	1,74	1,58	1,43	1,44
Equity Ratio	0,33	0,32	0,28	0,27
Gross Profit Margin	67,89 %	66,03 %	65,11 %	65,48 %