ADOLFSEN BÅTBYGGERI AS

1692 NEDGÅRDEN

Finances

Share Ownership

Return on Equity

24,97 %

Current Ratio

1,57

Debt-to-Equity Ratio

1,64

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 600 000	3 238 000	2 976 000	3 150 000
Net Income	422 000	280 000	135 000	485 000
Total Assets	5 931 000	5 615 000	5 505 000	4 139 000
Total Equity	1 690 000	1 268 000	988 000	853 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 600 000	3 238 000	2 976 000	3 150 000
Expenditure	2 923 000	2 721 000	2 666 000	2 443 000
Operating Profit	677 000	516 000	310 000	707 000
Financial Income	5 000	5 000	5 000	5 000
Financial Costs	134 000	111 000	90 000	84 000
Financial Balance	−129 000	−106 000	−85 000	−79 000
Earnings Before Tax	547 000	410 000	225 000	627 000
Tax	126 000	130 000	90 000	142 000
Net Income	422 000	280 000	135 000	485 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 614 000	3 716 000	3 596 000	2 500 000
Total Current Assets	2 317 000	1 899 000	1 909 000	1 639 000
Total Assets	5 931 000	5 615 000	5 505 000	4 139 000
Total Retained Equity	1 297 000	875 000	595 000	460 000
Total Equity	1 690 000	1 268 000	988 000	853 000
Total Long-Term Debt	2 764 000	2 919 000	3 074 000	2 340 000
Total Current Debt	1 476 000	1 427 000	1 443 000	946 000
Total Equity and Debt	5 931 000	5 615 000	5 505 000	4 139 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 576 000	3 167 000	2 914 000	3 149 000
Other Income	24 000	71 000	62 000	1 000
Revenue	3 600 000	3 238 000	2 976 000	3 150 000
Cost of Goods Sold	493 000	562 000	458 000	403 000
Salary Costs	1 569 000	1 218 000	1 259 000	1 201 000
Depreciation	215 000	316 000	319 000	188 000
Impairment	0	0	0	0
Expenditure	2 923 000	2 721 000	2 666 000	2 443 000
Operating Profit	677 000	516 000	310 000	707 000
Financial Income	5 000	5 000	5 000	5 000
Financial Costs	134 000	111 000	90 000	84 000
Financial Balance	−129 000	−106 000	−85 000	−79 000
Dividends	0	0	0	0
Net Income	422 000	280 000	135 000	485 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 308 000	3 453 000	3 306 000	2 175 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	148 000	72 000	34 000	5 000
Total Tangible Assets	3 614 000	3 716 000	3 596 000	2 500 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 614 000	3 716 000	3 596 000	2 500 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 539 000	1 475 000	1 477 000	1 132 000
Total Current Assets	2 317 000	1 899 000	1 909 000	1 639 000
Total Assets	5 931 000	5 615 000	5 505 000	4 139 000
Total Equity	1 690 000	1 268 000	988 000	853 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 764 000	2 919 000	3 074 000	2 340 000
Creditors	162 000	122 000	151 000	67 000
Unpaid Taxes	528 000	425 000	380 000	290 000
Dividends	0	0	0	0
Other Current Debt	662 000	750 000	822 000	447 000
Total Current Debt	1 476 000	1 427 000	1 443 000	946 000
Total Equity and Debt	5 931 000	5 615 000	5 505 000	4 139 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,97 %	22,08 %	13,66 %	56,86 %
Debt-to-Equity Ratio	1,64	2,3	3,11	2,74
Operating Profit Margin	18,81 %	15,94 %	10,42 %	22,44 %
Current Ratio	1,57	1,33	1,32	1,73
Quick Ratio	1,57	1,33	1,32	1,73
Equity Ratio	0,28	0,23	0,18	0,21
Gross Profit Margin	86,31 %	82,64 %	84,61 %	87,21 %