ADAPTIVE FROG AS

4619 MOSBY

Finances

Share Ownership

Return on Equity

26,87 %

Current Ratio

5,71

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 382 000	1 267 000	1 354 000	502 000
Net Income	338 000	258 000	351 000	142 000
Total Assets	1 525 000	1 152 000	984 000	588 000
Total Equity	1 258 000	920 000	662 000	311 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 382 000	1 267 000	1 354 000	502 000
Expenditure	948 000	1 024 000	904 000	320 000
Operating Profit	434 000	241 000	450 000	182 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	435 000	241 000	450 000	182 000
Tax	97 000	−16 000	99 000	40 000
Net Income	338 000	258 000	351 000	142 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 000	44 000	46 000	40 000
Total Current Assets	1 524 000	1 108 000	937 000	548 000
Total Assets	1 525 000	1 152 000	984 000	588 000
Total Retained Equity	1 228 000	890 000	632 000	281 000
Total Equity	1 258 000	920 000	662 000	311 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	267 000	232 000	321 000	277 000
Total Equity and Debt	1 525 000	1 152 000	984 000	588 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 382 000	1 267 000	1 354 000	502 000
Other Income	0	0	0	0
Revenue	1 382 000	1 267 000	1 354 000	502 000
Cost of Goods Sold	0	0	15 000	0
Salary Costs	880 000	960 000	857 000	302 000
Depreciation	3 000	2 000	2 000	0
Impairment	0	0	0	0
Expenditure	948 000	1 024 000	904 000	320 000
Operating Profit	434 000	241 000	450 000	182 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	338 000	258 000	351 000	142 000

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	0	0	0	0
Fixtures	1 000	4 000	6 000	0
Total Tangible Assets	1 000	4 000	6 000	0
Total Fiancial Fixed Assets	0	40 000	40 000	40 000
Total Fixed Assets	1 000	44 000	46 000	40 000
Stock	0	0	0	0
Total Investments	0	−40 000	−40 000	−40 000
Cash, Bank	1 355 000	979 000	682 000	480 000
Total Current Assets	1 524 000	1 108 000	937 000	548 000
Total Assets	1 525 000	1 152 000	984 000	588 000
Total Equity	1 258 000	920 000	662 000	311 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 000	8 000	0	2 000
Unpaid Taxes	71 000	72 000	63 000	141 000
Dividends	0	0	0	0
Other Current Debt	90 000	99 000	91 000	25 000
Total Current Debt	267 000	232 000	321 000	277 000
Total Equity and Debt	1 525 000	1 152 000	984 000	588 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,87 %	28,04 %	53,02 %	45,66 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	31,4 %	19,02 %	33,23 %	36,25 %
Current Ratio	5,71	4,78	2,92	1,98
Quick Ratio	5,71	4,78	2,92	1,98
Equity Ratio	0,82	0,8	0,67	0,53
Gross Profit Margin	100 %	100 %	98,89 %	100 %