ADSFUNNELS AS

0355 OSLO

Finances

Share Ownership

Return on Equity

−89,9 %

Current Ratio

0,81

Debt-to-Equity Ratio

−0,01

Key figures (NOK)	2022	2021	2020
Revenue	3 402 000	3 749 000	1 023 000
Net Income	89 000	411 000	408 000
Total Assets	418 000	560 000	307 000
Total Equity	−99 000	−80 000	188 000

Income (NOK)	2022	2021	2020
Revenue	3 402 000	3 749 000	1 023 000
Expenditure	3 261 000	3 067 000	516 000
Operating Profit	140 000	682 000	507 000
Financial Income	4 000	11 000	18 000
Financial Costs	17 000	14 000	2 000
Financial Balance	−13 000	−3 000	16 000
Earnings Before Tax	127 000	680 000	523 000
Tax	38 000	268 000	115 000
Net Income	89 000	411 000	408 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	0	0	0
Total Current Assets	418 000	560 000	307 000
Total Assets	418 000	560 000	307 000
Total Retained Equity	−124 000	−105 000	164 000
Total Equity	−99 000	−80 000	188 000
Total Long-Term Debt	1 000	0	0
Total Current Debt	516 000	641 000	119 000
Total Equity and Debt	418 000	560 000	307 000

Cash flow (NOK)	2022	2021	2020
Sales Income	3 402 000	3 749 000	1 023 000
Other Income	0	0	0
Revenue	3 402 000	3 749 000	1 023 000
Cost of Goods Sold	436 000	1 100 000	287 000
Salary Costs	2 074 000	995 000	1 000
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	3 261 000	3 067 000	516 000
Operating Profit	140 000	682 000	507 000
Financial Income	4 000	11 000	18 000
Financial Costs	17 000	14 000	2 000
Financial Balance	−13 000	−3 000	16 000
Dividends	0	680 000	244 000
Net Income	89 000	411 000	408 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	0	0	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	108 000	418 000	215 000
Total Current Assets	418 000	560 000	307 000
Total Assets	418 000	560 000	307 000
Total Equity	−99 000	−80 000	188 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	1 000	0	0
Creditors	83 000	105 000	0
Unpaid Taxes	267 000	299 000	84 000
Dividends	0	680 000	244 000
Other Current Debt	129 000	80 000	0
Total Current Debt	516 000	641 000	119 000
Total Equity and Debt	418 000	560 000	307 000

Financial indicators	2022	2021	2020
Return on Equity	−89,9 %	−513,75 %	217,02 %
Debt-to-Equity Ratio	−0,01	−0	0
Operating Profit Margin	4,12 %	18,19 %	49,56 %
Current Ratio	0,81	0,87	2,58
Quick Ratio	0,81	0,87	2,58
Equity Ratio	−0,24	−0,14	0,61
Gross Profit Margin	87,18 %	70,66 %	71,95 %