AD PROPERTY AS

6004 ÅLESUND

Finances

Share Ownership

Return on Equity

−71,99 %

Current Ratio

7,17

Debt-to-Equity Ratio

6,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	449 000	1 123 000	595 000	1 812 000
Net Income	−1 547 000	1 653 000	347 000	1 153 000
Total Assets	15 245 000	8 275 000	8 395 000	3 593 000
Total Equity	2 149 000	3 616 000	1 962 000	1 816 000

Income (NOK)	2022	2021	2020	2019
Revenue	449 000	1 123 000	595 000	1 812 000
Expenditure	893 000	491 000	96 000	212 000
Operating Profit	−443 000	632 000	499 000	1 599 000
Financial Income	0	3 000	0	0
Financial Costs	450 000	203 000	54 000	121 000
Financial Balance	−450 000	−200 000	−54 000	−121 000
Earnings Before Tax	−893 000	432 000	445 000	1 478 000
Tax	654 000	−1 221 000	98 000	325 000
Net Income	−1 547 000	1 653 000	347 000	1 153 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 657 000	6 755 000	7 426 000	3 431 000
Total Current Assets	588 000	1 520 000	968 000	162 000
Total Assets	15 245 000	8 275 000	8 395 000	3 593 000
Total Retained Equity	1 349 000	2 816 000	1 162 000	1 016 000
Total Equity	2 149 000	3 616 000	1 962 000	1 816 000
Total Long-Term Debt	13 014 000	4 629 000	5 750 000	1 770 000
Total Current Debt	82 000	31 000	682 000	7 000
Total Equity and Debt	15 245 000	8 275 000	8 395 000	3 593 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	449 000	1 123 000	595 000	1 812 000
Revenue	449 000	1 123 000	595 000	1 812 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	597 000	244 000	0	47 000
Impairment	0	0	0	0
Expenditure	893 000	491 000	96 000	212 000
Operating Profit	−443 000	632 000	499 000	1 599 000
Financial Income	0	3 000	0	0
Financial Costs	450 000	203 000	54 000	121 000
Financial Balance	−450 000	−200 000	−54 000	−121 000
Dividends	0	0	0	0
Net Income	−1 547 000	1 653 000	347 000	1 153 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	325 000	898 000	0	0
Real Eastate	14 332 000	5 857 000	7 426 000	2 313 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	14 332 000	5 857 000	7 426 000	2 313 000
Total Fiancial Fixed Assets	0	0	0	1 117 000
Total Fixed Assets	14 657 000	6 755 000	7 426 000	3 431 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	154 000	1 489 000	956 000	154 000
Total Current Assets	588 000	1 520 000	968 000	162 000
Total Assets	15 245 000	8 275 000	8 395 000	3 593 000
Total Equity	2 149 000	3 616 000	1 962 000	1 816 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	13 014 000	4 629 000	5 750 000	1 770 000
Creditors	0	0	17 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	82 000	31 000	666 000	7 000
Total Current Debt	82 000	31 000	682 000	7 000
Total Equity and Debt	15 245 000	8 275 000	8 395 000	3 593 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−71,99 %	45,71 %	17,69 %	63,49 %
Debt-to-Equity Ratio	6,06	1,28	2,93	0,97
Operating Profit Margin	−98,66 %	56,28 %	83,87 %	88,25 %
Current Ratio	7,17	49,03	1,42	23,14
Quick Ratio	7,17	49,03	1,42	23,14
Equity Ratio	0,14	0,44	0,23	0,51
Gross Profit Margin	100 %	100 %	100 %	100 %