ADOLFSEN SERVICE AS

9304 VANGSVIK

Finances

Share Ownership

Return on Equity

4,08 %

Current Ratio

2,91

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 766 000	3 455 000	1 874 000	2 253 000
Net Income	72 000	714 000	36 000	158 000
Total Assets	2 146 000	2 319 000	1 192 000	1 159 000
Total Equity	1 764 000	1 692 000	978 000	942 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 766 000	3 455 000	1 874 000	2 253 000
Expenditure	2 673 000	2 539 000	1 824 000	2 047 000
Operating Profit	93 000	916 000	51 000	204 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	4 000	3 000
Financial Balance	0	0	−4 000	−2 000
Earnings Before Tax	92 000	916 000	47 000	202 000
Tax	20 000	201 000	10 000	45 000
Net Income	72 000	714 000	36 000	158 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 049 000	926 000	563 000	197 000
Total Current Assets	1 097 000	1 392 000	629 000	962 000
Total Assets	2 146 000	2 319 000	1 192 000	1 159 000
Total Retained Equity	1 734 000	1 662 000	948 000	912 000
Total Equity	1 764 000	1 692 000	978 000	942 000
Total Long-Term Debt	4 000	3 000	0	0
Total Current Debt	377 000	623 000	213 000	217 000
Total Equity and Debt	2 146 000	2 319 000	1 192 000	1 159 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 766 000	3 455 000	1 874 000	2 253 000
Other Income	0	0	0	0
Revenue	2 766 000	3 455 000	1 874 000	2 253 000
Cost of Goods Sold	1 473 000	1 369 000	1 056 000	1 285 000
Salary Costs	515 000	512 000	356 000	506 000
Depreciation	220 000	194 000	165 000	105 000
Impairment	0	0	0	0
Expenditure	2 673 000	2 539 000	1 824 000	2 047 000
Operating Profit	93 000	916 000	51 000	204 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	4 000	3 000
Financial Balance	0	0	−4 000	−2 000
Dividends	0	0	0	0
Net Income	72 000	714 000	36 000	158 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	5 000	2 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	1 049 000	823 000	442 000	0
Fixtures	0	103 000	116 000	196 000
Total Tangible Assets	1 049 000	926 000	558 000	196 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 049 000	926 000	563 000	197 000
Stock	60 000	105 000	38 000	48 000
Total Investments	0	0	0	0
Cash, Bank	908 000	1 190 000	566 000	857 000
Total Current Assets	1 097 000	1 392 000	629 000	962 000
Total Assets	2 146 000	2 319 000	1 192 000	1 159 000
Total Equity	1 764 000	1 692 000	978 000	942 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 000	3 000	0	0
Creditors	224 000	316 000	70 000	12 000
Unpaid Taxes	40 000	58 000	60 000	38 000
Dividends	0	0	0	0
Other Current Debt	94 000	55 000	70 000	112 000
Total Current Debt	377 000	623 000	213 000	217 000
Total Equity and Debt	2 146 000	2 319 000	1 192 000	1 159 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,08 %	42,2 %	3,68 %	16,77 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,36 %	26,51 %	2,72 %	9,05 %
Current Ratio	2,91	2,23	2,95	4,43
Quick Ratio	3,46	2,69	3,59	5,69
Equity Ratio	0,82	0,73	0,82	0,81
Gross Profit Margin	46,75 %	60,38 %	43,65 %	42,96 %