ADDSECURE AS

0661 OSLO

Finances

Share Ownership

Return on Equity

36,69 %

Current Ratio

0,83

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	239 529 000	226 387 000	208 206 000	202 709 000
Net Income	97 538 000	89 271 000	72 742 000	61 147 000
Total Assets	484 022 000	390 836 000	363 927 000	363 760 000
Total Equity	265 847 000	175 994 000	95 489 000	93 506 000

Income (NOK)	2022	2021	2020	2019
Revenue	239 529 000	226 387 000	208 206 000	202 709 000
Expenditure	130 447 000	118 116 000	128 005 000	128 827 000
Operating Profit	109 082 000	108 271 000	80 201 000	73 883 000
Financial Income	20 063 000	17 389 000	13 518 000	8 083 000
Financial Costs	4 215 000	11 408 000	767 000	3 876 000
Financial Balance	15 848 000	5 981 000	12 751 000	4 207 000
Earnings Before Tax	124 929 000	114 252 000	92 952 000	78 090 000
Tax	27 391 000	24 980 000	20 210 000	16 942 000
Net Income	97 538 000	89 271 000	72 742 000	61 147 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	302 439 000	258 291 000	161 523 000	23 014 000
Total Current Assets	181 584 000	132 545 000	202 404 000	340 746 000
Total Assets	484 022 000	390 836 000	363 927 000	363 760 000
Total Retained Equity	231 775 000	141 923 000	61 418 000	59 434 000
Total Equity	265 847 000	175 994 000	95 489 000	93 506 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	218 176 000	214 842 000	268 438 000	270 254 000
Total Equity and Debt	484 022 000	390 836 000	363 927 000	363 760 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	239 529 000	226 387 000	208 206 000	200 263 000
Other Income	0	0	0	2 446 000
Revenue	239 529 000	226 387 000	208 206 000	202 709 000
Cost of Goods Sold	54 637 000	48 312 000	49 557 000	51 032 000
Salary Costs	48 170 000	41 819 000	36 137 000	39 520 000
Depreciation	5 724 000	7 365 000	9 024 000	0
Impairment	0	400 000	0	0
Expenditure	130 447 000	118 116 000	128 005 000	128 827 000
Operating Profit	109 082 000	108 271 000	80 201 000	73 883 000
Financial Income	20 063 000	17 389 000	13 518 000	8 083 000
Financial Costs	4 215 000	11 408 000	767 000	3 876 000
Financial Balance	15 848 000	5 981 000	12 751 000	4 207 000
Dividends	0	0	0	50 000 000
Net Income	97 538 000	89 271 000	72 742 000	61 147 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	7 175 000	12 119 000	18 625 000	21 704 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 049 000	2 656 000	3 253 000	1 012 000
Total Tangible Assets	2 049 000	2 656 000	3 253 000	1 012 000
Total Fiancial Fixed Assets	293 215 000	243 517 000	139 645 000	298 000
Total Fixed Assets	302 439 000	258 291 000	161 523 000	23 014 000
Stock	6 008 000	3 984 000	3 171 000	6 300 000
Total Investments	0	0	0	0
Cash, Bank	138 646 000	95 808 000	160 260 000	145 799 000
Total Current Assets	181 584 000	132 545 000	202 404 000	340 746 000
Total Assets	484 022 000	390 836 000	363 927 000	363 760 000
Total Equity	265 847 000	175 994 000	95 489 000	93 506 000
Short-Term Group Debt	18 861 000	22 788 000	98 036 000	0
Total Long-Term Debt	0	0	0	0
Creditors	3 556 000	5 608 000	3 331 000	3 777 000
Unpaid Taxes	36 585 000	34 363 000	38 334 000	51 922 000
Dividends	0	0	0	50 000 000
Other Current Debt	134 126 000	131 294 000	128 737 000	100 144 000
Total Current Debt	218 176 000	214 842 000	268 438 000	270 254 000
Total Equity and Debt	484 022 000	390 836 000	363 927 000	363 760 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,69 %	50,72 %	76,18 %	65,39 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	45,54 %	47,83 %	38,52 %	36,45 %
Current Ratio	0,83	0,62	0,75	1,26
Quick Ratio	0,86	0,63	0,76	1,29
Equity Ratio	0,55	0,45	0,26	0,26
Gross Profit Margin	77,19 %	78,66 %	76,2 %	74,82 %