ADCO EIENDOMMER AS

8480 ANDENES

Finances

Return on Equity

24,86 %

Current Ratio

3,8

Debt-to-Equity Ratio

0,87

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 861 000	7 363 000	2 700 000	2 701 000
Net Income	1 736 000	3 967 000	191 000	141 000
Total Assets	13 417 000	17 240 000	23 805 000	23 689 000
Total Equity	6 984 000	7 097 000	5 279 000	5 533 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 861 000	7 363 000	2 700 000	2 701 000
Expenditure	2 362 000	2 626 000	1 967 000	1 942 000
Operating Profit	−501 000	4 737 000	734 000	759 000
Financial Income	1 874 000	462 000	0	1 000
Financial Costs	194 000	302 000	416 000	579 000
Financial Balance	1 680 000	160 000	−416 000	−578 000
Earnings Before Tax	1 179 000	4 897 000	318 000	181 000
Tax	−557 000	930 000	127 000	40 000
Net Income	1 736 000	3 967 000	191 000	141 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 092 000	10 671 000	21 457 000	22 039 000
Total Current Assets	1 324 000	6 570 000	2 348 000	1 650 000
Total Assets	13 417 000	17 240 000	23 805 000	23 689 000
Total Retained Equity	4 203 000	4 316 000	2 498 000	2 752 000
Total Equity	6 984 000	7 097 000	5 279 000	5 533 000
Total Long-Term Debt	6 085 000	6 533 000	17 324 000	17 465 000
Total Current Debt	348 000	3 610 000	1 201 000	691 000
Total Equity and Debt	13 417 000	17 240 000	23 805 000	23 689 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	31 000	95 000	121 000	132 000
Other Income	1 831 000	7 268 000	2 579 000	2 569 000
Revenue	1 861 000	7 363 000	2 700 000	2 701 000
Cost of Goods Sold	183 000	245 000	131 000	149 000
Salary Costs	108 000	194 000	112 000	105 000
Depreciation	254 000	635 000	715 000	711 000
Impairment	0	0	0	0
Expenditure	2 362 000	2 626 000	1 967 000	1 942 000
Operating Profit	−501 000	4 737 000	734 000	759 000
Financial Income	1 874 000	462 000	0	1 000
Financial Costs	194 000	302 000	416 000	579 000
Financial Balance	1 680 000	160 000	−416 000	−578 000
Dividends	0	1 424 000	0	0
Net Income	1 736 000	3 967 000	191 000	141 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	9 768 000	8 143 000	18 925 000	19 235 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	37 000	9 000	13 000	17 000
Total Tangible Assets	9 805 000	8 152 000	18 938 000	19 252 000
Total Fiancial Fixed Assets	2 287 000	2 519 000	2 519 000	2 787 000
Total Fixed Assets	12 092 000	10 671 000	21 457 000	22 039 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	473 000	3 804 000	711 000	126 000
Total Current Assets	1 324 000	6 570 000	2 348 000	1 650 000
Total Assets	13 417 000	17 240 000	23 805 000	23 689 000
Total Equity	6 984 000	7 097 000	5 279 000	5 533 000
Short-Term Group Debt	186 000	1 925 000	981 000	411 000
Total Long-Term Debt	6 085 000	6 533 000	17 324 000	17 465 000
Creditors	104 000	163 000	87 000	148 000
Unpaid Taxes	30 000	14 000	41 000	43 000
Dividends	0	1 424 000	0	0
Other Current Debt	29 000	84 000	82 000	89 000
Total Current Debt	348 000	3 610 000	1 201 000	691 000
Total Equity and Debt	13 417 000	17 240 000	23 805 000	23 689 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,86 %	55,9 %	3,62 %	2,55 %
Debt-to-Equity Ratio	0,87	0,92	3,28	3,16
Operating Profit Margin	−26,92 %	64,34 %	27,19 %	28,1 %
Current Ratio	3,8	1,82	1,96	2,39
Quick Ratio	3,8	1,82	1,96	2,39
Equity Ratio	0,52	0,41	0,22	0,23
Gross Profit Margin	90,17 %	96,67 %	95,15 %	94,48 %