ÅDNEKVAM MEKANISKE VERKSTED AS

5131 NYBORG

Finances

Share Ownership

Return on Equity

−62,6 %

Current Ratio

0,91

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 826 000	9 464 000	10 056 000	10 010 000
Net Income	−241 000	40 000	139 000	141 000
Total Assets	1 818 000	2 031 000	2 083 000	2 005 000
Total Equity	385 000	626 000	586 000	546 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 826 000	9 464 000	10 056 000	10 010 000
Expenditure	9 063 000	9 400 000	9 874 000	9 829 000
Operating Profit	−237 000	63 000	181 000	181 000
Financial Income	2 000	4 000	0	6 000
Financial Costs	6 000	5 000	4 000	6 000
Financial Balance	−4 000	−1 000	−4 000	0
Earnings Before Tax	−241 000	62 000	177 000	181 000
Tax	0	22 000	38 000	40 000
Net Income	−241 000	40 000	139 000	141 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	511 000	556 000	529 000	552 000
Total Current Assets	1 306 000	1 474 000	1 553 000	1 453 000
Total Assets	1 818 000	2 031 000	2 083 000	2 005 000
Total Retained Equity	285 000	0	486 000	446 000
Total Equity	385 000	626 000	586 000	546 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 433 000	1 405 000	1 497 000	1 459 000
Total Equity and Debt	1 818 000	2 031 000	2 083 000	2 005 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 826 000	9 464 000	10 056 000	10 010 000
Other Income	0	0	0	0
Revenue	8 826 000	9 464 000	10 056 000	10 010 000
Cost of Goods Sold	2 494 000	2 858 000	3 168 000	3 183 000
Salary Costs	4 740 000	4 762 000	4 889 000	4 964 000
Depreciation	83 000	78 000	38 000	51 000
Impairment	0	0	0	0
Expenditure	9 063 000	9 400 000	9 874 000	9 829 000
Operating Profit	−237 000	63 000	181 000	181 000
Financial Income	2 000	4 000	0	6 000
Financial Costs	6 000	5 000	4 000	6 000
Financial Balance	−4 000	−1 000	−4 000	0
Dividends	0	0	100 000	100 000
Net Income	−241 000	40 000	139 000	141 000

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	511 000	556 000	529 000	552 000
Total Tangible Assets	511 000	556 000	529 000	552 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	511 000	556 000	529 000	552 000
Stock	274 000	246 000	231 000	250 000
Total Investments	0	0	0	0
Cash, Bank	704 000	944 000	1 032 000	880 000
Total Current Assets	1 306 000	1 474 000	1 553 000	1 453 000
Total Assets	1 818 000	2 031 000	2 083 000	2 005 000
Total Equity	385 000	626 000	586 000	546 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	279 000	286 000	305 000	252 000
Unpaid Taxes	619 000	595 000	587 000	599 000
Dividends	0	0	100 000	100 000
Other Current Debt	535 000	501 000	467 000	469 000
Total Current Debt	1 433 000	1 405 000	1 497 000	1 459 000
Total Equity and Debt	1 818 000	2 031 000	2 083 000	2 005 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−62,6 %	6,39 %	23,72 %	25,82 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−2,69 %	0,67 %	1,8 %	1,81 %
Current Ratio	0,91	1,05	1,04	1
Quick Ratio	1,13	1,27	1,23	1,2
Equity Ratio	0,21	0,31	0,28	0,27
Gross Profit Margin	71,74 %	69,8 %	68,5 %	68,2 %