ADVENTURE GROUP AS

0154 OSLO

Finances

Return on Equity

−158,85 %

Current Ratio

1,58

Debt-to-Equity Ratio

1,45

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 920 000	1 640 000	836 000	249 000
Net Income	−2 621 000	−2 140 000	95 000	−1 557 000
Total Assets	5 377 000	3 439 000	1 580 000	873 000
Total Equity	1 650 000	1 351 000	1 280 000	584 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 920 000	1 640 000	836 000	249 000
Expenditure	7 505 000	3 781 000	741 000	1 802 000
Operating Profit	−2 585 000	−2 139 000	96 000	−1 552 000
Financial Income	13 000	1 000	5 000	1 000
Financial Costs	48 000	1 000	6 000	5 000
Financial Balance	−35 000	0	−1 000	−4 000
Earnings Before Tax	−2 621 000	−2 140 000	95 000	−1 557 000
Tax	0	0	0	0
Net Income	−2 621 000	−2 140 000	95 000	−1 557 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 259 000	1 867 000	770 000	0
Total Current Assets	2 118 000	1 572 000	810 000	873 000
Total Assets	5 377 000	3 439 000	1 580 000	873 000
Total Retained Equity	−6 709 000	−2 044 000	95 000	−2 044 000
Total Equity	1 650 000	1 351 000	1 280 000	584 000
Total Long-Term Debt	2 388 000	1 194 000	0	0
Total Current Debt	1 339 000	894 000	300 000	288 000
Total Equity and Debt	5 377 000	3 439 000	1 580 000	873 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 033 000	919 000	96 000	42 000
Other Income	2 887 000	721 000	740 000	207 000
Revenue	4 920 000	1 640 000	836 000	249 000
Cost of Goods Sold	1 771 000	802 000	98 000	42 000
Salary Costs	1 401 000	847 000	311 000	3 000
Depreciation	445 000	209 000	48 000	0
Impairment	0	0	0	0
Expenditure	7 505 000	3 781 000	741 000	1 802 000
Operating Profit	−2 585 000	−2 139 000	96 000	−1 552 000
Financial Income	13 000	1 000	5 000	1 000
Financial Costs	48 000	1 000	6 000	5 000
Financial Balance	−35 000	0	−1 000	−4 000
Dividends	0	0	0	0
Net Income	−2 621 000	−2 140 000	95 000	−1 557 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 226 000	1 816 000	770 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	34 000	52 000	0	0
Total Tangible Assets	34 000	52 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 259 000	1 867 000	770 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	723 000	681 000	464 000	422 000
Total Current Assets	2 118 000	1 572 000	810 000	873 000
Total Assets	5 377 000	3 439 000	1 580 000	873 000
Total Equity	1 650 000	1 351 000	1 280 000	584 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 388 000	1 194 000	0	0
Creditors	762 000	615 000	194 000	228 000
Unpaid Taxes	94 000	83 000	60 000	0
Dividends	0	0	0	0
Other Current Debt	483 000	197 000	46 000	60 000
Total Current Debt	1 339 000	894 000	300 000	288 000
Total Equity and Debt	5 377 000	3 439 000	1 580 000	873 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−158,85 %	−158,4 %	7,42 %	−266,61 %
Debt-to-Equity Ratio	1,45	0,88	0	0
Operating Profit Margin	−52,54 %	−130,43 %	11,48 %	−623,29 %
Current Ratio	1,58	1,76	2,7	3,03
Quick Ratio	1,58	1,76	2,7	3,03
Equity Ratio	0,31	0,39	0,81	0,67
Gross Profit Margin	64 %	51,1 %	88,28 %	83,13 %