ADMIT AS

6009 ÅLESUND

Finances

Return on Equity

−64,71 %

Current Ratio

0,21

Debt-to-Equity Ratio

1,33

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 578 000	1 439 000	1 533 000	881 000
Net Income	−528 000	−1 116 000	−559 000	114 000
Total Assets	3 113 000	2 751 000	2 149 000	2 655 000
Total Equity	816 000	1 344 000	1 169 000	876 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 578 000	1 439 000	1 533 000	881 000
Expenditure	2 092 000	2 559 000	2 090 000	769 000
Operating Profit	−514 000	−1 120 000	−557 000	112 000
Financial Income	11 000	19 000	0	3 000
Financial Costs	26 000	15 000	2 000	0
Financial Balance	−15 000	4 000	−2 000	3 000
Earnings Before Tax	−528 000	−1 116 000	−559 000	114 000
Tax	0	0	0	0
Net Income	−528 000	−1 116 000	−559 000	114 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 865 000	2 530 000	1 866 000	150 000
Total Current Assets	249 000	221 000	283 000	2 505 000
Total Assets	3 113 000	2 751 000	2 149 000	2 655 000
Total Retained Equity	−2 476 000	−1 948 000	−1 001 000	672 000
Total Equity	816 000	1 344 000	1 169 000	876 000
Total Long-Term Debt	1 087 000	0	0	0
Total Current Debt	1 211 000	1 407 000	980 000	1 779 000
Total Equity and Debt	3 113 000	2 751 000	2 149 000	2 655 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 578 000	1 429 000	1 253 000	731 000
Other Income	0	10 000	280 000	150 000
Revenue	1 578 000	1 439 000	1 533 000	881 000
Cost of Goods Sold	1 463 000	1 215 000	716 000	492 000
Salary Costs	0	38 000	0	0
Depreciation	55 000	28 000	0	0
Impairment	0	0	0	0
Expenditure	2 092 000	2 559 000	2 090 000	769 000
Operating Profit	−514 000	−1 120 000	−557 000	112 000
Financial Income	11 000	19 000	0	3 000
Financial Costs	26 000	15 000	2 000	0
Financial Balance	−15 000	4 000	−2 000	3 000
Dividends	0	0	0	1 500 000
Net Income	−528 000	−1 116 000	−559 000	114 000

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	193 000	248 000	0	0
Total Tangible Assets	193 000	248 000	0	0
Total Fiancial Fixed Assets	2 672 000	2 282 000	1 866 000	150 000
Total Fixed Assets	2 865 000	2 530 000	1 866 000	150 000
Stock	0	0	0	0
Total Investments	51 000	51 000	51 000	101 000
Cash, Bank	1 000	14 000	47 000	1 386 000
Total Current Assets	249 000	221 000	283 000	2 505 000
Total Assets	3 113 000	2 751 000	2 149 000	2 655 000
Total Equity	816 000	1 344 000	1 169 000	876 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 087 000	0	0	0
Creditors	312 000	125 000	68 000	199 000
Unpaid Taxes	0	15 000	145 000	42 000
Dividends	0	0	0	1 500 000
Other Current Debt	64 000	149 000	440 000	38 000
Total Current Debt	1 211 000	1 407 000	980 000	1 779 000
Total Equity and Debt	3 113 000	2 751 000	2 149 000	2 655 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−64,71 %	−83,04 %	−47,82 %	13,01 %
Debt-to-Equity Ratio	1,33	0	0	0
Operating Profit Margin	−32,57 %	−77,83 %	−36,33 %	12,71 %
Current Ratio	0,21	0,16	0,29	1,41
Quick Ratio	0,21	0,16	0,29	1,41
Equity Ratio	0,26	0,49	0,54	0,33
Gross Profit Margin	7,29 %	15,57 %	53,29 %	44,15 %