ADDITECH AS

5035 BERGEN

Finances

Return on Equity

20,68 %

Current Ratio

0,45

Debt-to-Equity Ratio

0,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 260 000	4 034 000	1 071 000	0
Net Income	305 000	916 000	228 000	−4 000
Total Assets	26 067 000	12 238 000	11 248 000	7 276 000
Total Equity	1 475 000	1 170 000	254 000	26 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 260 000	4 034 000	1 071 000	0
Expenditure	9 870 000	2 835 000	782 000	5 000
Operating Profit	391 000	1 198 000	290 000	−5 000
Financial Income	71 000	19 000	2 000	0
Financial Costs	71 000	42 000	0	0
Financial Balance	0	−23 000	2 000	0
Earnings Before Tax	390 000	1 175 000	292 000	−5 000
Tax	86 000	258 000	64 000	−1 000
Net Income	305 000	916 000	228 000	−4 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 148 000	8 897 000	4 472 000	151 000
Total Current Assets	10 919 000	3 341 000	6 776 000	7 125 000
Total Assets	26 067 000	12 238 000	11 248 000	7 276 000
Total Retained Equity	1 445 000	1 140 000	224 000	−4 000
Total Equity	1 475 000	1 170 000	254 000	26 000
Total Long-Term Debt	404 000	318 000	63 000	0
Total Current Debt	24 188 000	10 749 000	10 932 000	7 250 000
Total Equity and Debt	26 067 000	12 238 000	11 248 000	7 276 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 219 000	986 000	403 000	0
Other Income	4 041 000	3 048 000	668 000	0
Revenue	10 260 000	4 034 000	1 071 000	0
Cost of Goods Sold	1 679 000	179 000	0	0
Salary Costs	3 082 000	1 144 000	231 000	0
Depreciation	2 580 000	915 000	428 000	0
Impairment	0	0	0	0
Expenditure	9 870 000	2 835 000	782 000	5 000
Operating Profit	391 000	1 198 000	290 000	−5 000
Financial Income	71 000	19 000	2 000	0
Financial Costs	71 000	42 000	0	0
Financial Balance	0	−23 000	2 000	0
Dividends	0	0	0	0
Net Income	305 000	916 000	228 000	−4 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	126 000	0	0	1 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	14 872 000	8 747 000	4 322 000	0
Total Tangible Assets	14 872 000	8 747 000	4 322 000	0
Total Fiancial Fixed Assets	150 000	150 000	150 000	150 000
Total Fixed Assets	15 148 000	8 897 000	4 472 000	151 000
Stock	507 000	76 000	0	0
Total Investments	0	0	0	0
Cash, Bank	6 381 000	3 055 000	6 513 000	7 125 000
Total Current Assets	10 919 000	3 341 000	6 776 000	7 125 000
Total Assets	26 067 000	12 238 000	11 248 000	7 276 000
Total Equity	1 475 000	1 170 000	254 000	26 000
Short-Term Group Debt	0	0	0	150 000
Total Long-Term Debt	404 000	318 000	63 000	0
Creditors	7 290 000	841 000	28 000	0
Unpaid Taxes	200 000	83 000	33 000	0
Dividends	0	0	0	0
Other Current Debt	16 699 000	9 822 000	10 871 000	7 100 000
Total Current Debt	24 188 000	10 749 000	10 932 000	7 250 000
Total Equity and Debt	26 067 000	12 238 000	11 248 000	7 276 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,68 %	78,29 %	89,76 %	−15,38 %
Debt-to-Equity Ratio	0,27	0,27	0,25	0
Operating Profit Margin	3,81 %	29,7 %	27,08 %	-
Current Ratio	0,45	0,31	0,62	0,98
Quick Ratio	0,46	0,31	0,62	0,98
Equity Ratio	0,06	0,1	0,02	0
Gross Profit Margin	83,64 %	95,56 %	100 %	-