ADDBRAND NORWAY AS

3045 DRAMMEN

Finances

Share Ownership

Return on Equity

16,21 %

Current Ratio

2,76

Debt-to-Equity Ratio

0,75

Key figures (NOK)	2022	2021	2020	2019
Revenue	37 676 000	36 923 000	37 815 000	46 515 000
Net Income	1 022 000	405 000	−765 000	−282 000
Total Assets	15 517 000	14 351 000	17 165 000	15 828 000
Total Equity	6 304 000	5 282 000	4 877 000	5 642 000

Income (NOK)	2022	2021	2020	2019
Revenue	37 676 000	36 923 000	37 815 000	46 515 000
Expenditure	36 339 000	36 325 000	38 732 000	46 773 000
Operating Profit	1 337 000	598 000	−918 000	−258 000
Financial Income	49 000	12 000	25 000	8 000
Financial Costs	74 000	84 000	83 000	98 000
Financial Balance	−25 000	−72 000	−58 000	−90 000
Earnings Before Tax	1 313 000	526 000	−977 000	−348 000
Tax	290 000	122 000	−212 000	−66 000
Net Income	1 022 000	405 000	−765 000	−282 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 210 000	3 848 000	4 412 000	4 435 000
Total Current Assets	12 308 000	10 502 000	12 754 000	11 393 000
Total Assets	15 517 000	14 351 000	17 165 000	15 828 000
Total Retained Equity	4 826 000	3 803 000	3 399 000	4 164 000
Total Equity	6 304 000	5 282 000	4 877 000	5 642 000
Total Long-Term Debt	4 755 000	5 387 000	5 846 000	5 223 000
Total Current Debt	4 458 000	3 682 000	6 442 000	4 963 000
Total Equity and Debt	15 517 000	14 351 000	17 165 000	15 828 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	37 676 000	36 723 000	37 498 000	46 515 000
Other Income	0	200 000	317 000	0
Revenue	37 676 000	36 923 000	37 815 000	46 515 000
Cost of Goods Sold	25 359 000	24 532 000	25 429 000	29 319 000
Salary Costs	5 901 000	6 927 000	8 311 000	11 555 000
Depreciation	140 000	205 000	332 000	356 000
Impairment	0	0	0	0
Expenditure	36 339 000	36 325 000	38 732 000	46 773 000
Operating Profit	1 337 000	598 000	−918 000	−258 000
Financial Income	49 000	12 000	25 000	8 000
Financial Costs	74 000	84 000	83 000	98 000
Financial Balance	−25 000	−72 000	−58 000	−90 000
Dividends	0	0	0	0
Net Income	1 022 000	405 000	−765 000	−282 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 024 000	2 314 000	2 436 000	2 224 000
Real Eastate	827 000	1 064 000	1 300 000	1 536 000
Machinery and Plant Facilities	144 000	144 000	227 000	366 000
Fixtures	215 000	327 000	449 000	309 000
Total Tangible Assets	1 186 000	1 534 000	1 976 000	2 211 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 210 000	3 848 000	4 412 000	4 435 000
Stock	2 909 000	2 605 000	4 080 000	4 953 000
Total Investments	0	0	0	0
Cash, Bank	4 671 000	3 738 000	3 932 000	891 000
Total Current Assets	12 308 000	10 502 000	12 754 000	11 393 000
Total Assets	15 517 000	14 351 000	17 165 000	15 828 000
Total Equity	6 304 000	5 282 000	4 877 000	5 642 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 755 000	5 387 000	5 846 000	5 223 000
Creditors	1 689 000	1 363 000	3 500 000	1 656 000
Unpaid Taxes	1 672 000	1 643 000	1 888 000	2 185 000
Dividends	0	0	0	0
Other Current Debt	1 097 000	676 000	1 054 000	1 121 000
Total Current Debt	4 458 000	3 682 000	6 442 000	4 963 000
Total Equity and Debt	15 517 000	14 351 000	17 165 000	15 828 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,21 %	7,67 %	−15,69 %	−5 %
Debt-to-Equity Ratio	0,75	1,02	1,2	0,93
Operating Profit Margin	3,55 %	1,62 %	−2,43 %	−0,55 %
Current Ratio	2,76	2,85	1,98	2,3
Quick Ratio	7,95	9,75	5,4	1 139,3
Equity Ratio	0,41	0,37	0,28	0,36
Gross Profit Margin	32,69 %	33,56 %	32,75 %	36,97 %