ADSEO AS

1364 FORNEBU

Finances

Share Ownership

Return on Equity

−170,91 %

Current Ratio

0,98

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	25 180 000	14 557 000	7 294 000	415 000
Net Income	−282 000	98 000	−156 000	61 000
Total Assets	6 175 000	2 822 000	1 408 000	231 000
Total Equity	165 000	297 000	199 000	−63 000

Income (NOK)	2022	2021	2020	2019
Revenue	25 180 000	14 557 000	7 294 000	415 000
Expenditure	25 443 000	14 458 000	7 438 000	354 000
Operating Profit	−263 000	99 000	−144 000	62 000
Financial Income	3 000	6 000	1 000	0
Financial Costs	23 000	7 000	13 000	1 000
Financial Balance	−20 000	−1 000	−12 000	−1 000
Earnings Before Tax	−282 000	98 000	−156 000	61 000
Tax	0	0	0	0
Net Income	−282 000	98 000	−156 000	61 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	299 000	328 000	0	0
Total Current Assets	5 876 000	2 494 000	1 408 000	231 000
Total Assets	6 175 000	2 822 000	1 408 000	231 000
Total Retained Equity	0	−152 000	−249 000	−93 000
Total Equity	165 000	297 000	199 000	−63 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	6 010 000	2 525 000	1 208 000	294 000
Total Equity and Debt	6 175 000	2 822 000	1 408 000	231 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	25 180 000	14 557 000	4 626 000	415 000
Other Income	0	0	2 668 000	0
Revenue	25 180 000	14 557 000	7 294 000	415 000
Cost of Goods Sold	13 338 000	7 814 000	3 438 000	46 000
Salary Costs	9 684 000	4 933 000	2 267 000	79 000
Depreciation	30 000	16 000	0	0
Impairment	0	0	0	0
Expenditure	25 443 000	14 458 000	7 438 000	354 000
Operating Profit	−263 000	99 000	−144 000	62 000
Financial Income	3 000	6 000	1 000	0
Financial Costs	23 000	7 000	13 000	1 000
Financial Balance	−20 000	−1 000	−12 000	−1 000
Dividends	0	0	0	0
Net Income	−282 000	98 000	−156 000	61 000

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	69 000	99 000	0	0
Total Tangible Assets	69 000	99 000	0	0
Total Fiancial Fixed Assets	230 000	230 000	0	0
Total Fixed Assets	299 000	328 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 049 000	375 000	590 000	134 000
Total Current Assets	5 876 000	2 494 000	1 408 000	231 000
Total Assets	6 175 000	2 822 000	1 408 000	231 000
Total Equity	165 000	297 000	199 000	−63 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 029 000	320 000	101 000	0
Unpaid Taxes	2 670 000	734 000	508 000	42 000
Dividends	0	0	0	0
Other Current Debt	1 532 000	1 120 000	600 000	251 000
Total Current Debt	6 010 000	2 525 000	1 208 000	294 000
Total Equity and Debt	6 175 000	2 822 000	1 408 000	231 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−170,91 %	33 %	−78,39 %	−96,83 %
Debt-to-Equity Ratio	0	0	0	−0
Operating Profit Margin	−1,04 %	0,68 %	−1,97 %	14,94 %
Current Ratio	0,98	0,99	1,17	0,79
Quick Ratio	0,98	0,99	1,17	0,79
Equity Ratio	0,03	0,11	0,14	−0,27
Gross Profit Margin	47,03 %	46,32 %	52,87 %	88,92 %