AD UTVIKLING AS

1605 FREDRIKSTAD

Finances

Share Ownership

Return on Equity

170,16 %

Current Ratio

1,53

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	29 684 000	23 577 000	25 249 000	0
Net Income	5 663 000	2 713 000	−594 000	−354 000
Total Assets	9 585 000	18 043 000	26 802 000	19 759 000
Total Equity	3 328 000	1 865 000	−848 000	−254 000

Income (NOK)	2022	2021	2020	2019
Revenue	29 684 000	23 577 000	25 249 000	0
Expenditure	22 172 000	19 724 000	24 639 000	16 000
Operating Profit	7 511 000	3 853 000	609 000	−16 000
Financial Income	75 000	1 000	0	0
Financial Costs	324 000	645 000	1 203 000	338 000
Financial Balance	−249 000	−644 000	−1 203 000	−338 000
Earnings Before Tax	7 261 000	3 209 000	−594 000	−354 000
Tax	1 598 000	496 000	0	0
Net Income	5 663 000	2 713 000	−594 000	−354 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	9 585 000	18 043 000	26 802 000	19 759 000
Total Assets	9 585 000	18 043 000	26 802 000	19 759 000
Total Retained Equity	3 228 000	1 765 000	−948 000	−354 000
Total Equity	3 328 000	1 865 000	−848 000	−254 000
Total Long-Term Debt	0	0	17 500 000	0
Total Current Debt	6 257 000	16 178 000	10 150 000	20 013 000
Total Equity and Debt	9 585 000	18 043 000	26 802 000	19 759 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	29 684 000	23 577 000	25 249 000	0
Other Income	0	0	0	0
Revenue	29 684 000	23 577 000	25 249 000	0
Cost of Goods Sold	21 833 000	17 460 000	24 369 000	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	22 172 000	19 724 000	24 639 000	16 000
Operating Profit	7 511 000	3 853 000	609 000	−16 000
Financial Income	75 000	1 000	0	0
Financial Costs	324 000	645 000	1 203 000	338 000
Financial Balance	−249 000	−644 000	−1 203 000	−338 000
Dividends	4 200 000	0	0	0
Net Income	5 663 000	2 713 000	−594 000	−354 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	17 515 000	20 341 000	19 734 000
Total Investments	0	0	0	0
Cash, Bank	1 320 000	372 000	659 000	25 000
Total Current Assets	9 585 000	18 043 000	26 802 000	19 759 000
Total Assets	9 585 000	18 043 000	26 802 000	19 759 000
Total Equity	3 328 000	1 865 000	−848 000	−254 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	17 500 000	0
Creditors	21 000	3 210 000	2 290 000	4 021 000
Unpaid Taxes	0	0	0	0
Dividends	4 200 000	0	0	0
Other Current Debt	439 000	5 654 000	7 860 000	6 413 000
Total Current Debt	6 257 000	16 178 000	10 150 000	20 013 000
Total Equity and Debt	9 585 000	18 043 000	26 802 000	19 759 000

Financial indicators	2022	2021	2020	2019
Return on Equity	170,16 %	145,47 %	70,05 %	139,37 %
Debt-to-Equity Ratio	0	0	−20,64	−0
Operating Profit Margin	25,3 %	16,34 %	2,41 %	-
Current Ratio	1,53	1,12	2,64	0,99
Quick Ratio	1,53	−13,5	−2,63	70,82
Equity Ratio	0,35	0,1	−0,03	−0,01
Gross Profit Margin	26,45 %	25,94 %	3,49 %	-