ADCO AS

3158 ANDEBU

Finances

Return on Equity

−0,62 %

Current Ratio

2,04

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	274 000	109 000
Net Income	−85 000	18 193 000	1 447 000	82 000
Total Assets	17 045 000	19 710 000	2 768 000	1 644 000
Total Equity	13 756 000	16 926 000	2 439 000	1 200 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	274 000	109 000
Expenditure	66 000	33 000	17 000	12 000
Operating Profit	−66 000	−33 000	257 000	97 000
Financial Income	13 000	18 248 000	1 261 000	0
Financial Costs	32 000	2 000	12 000	5 000
Financial Balance	−19 000	18 246 000	1 249 000	−5 000
Earnings Before Tax	−85 000	18 212 000	1 507 000	92 000
Tax	−1 000	20 000	60 000	10 000
Net Income	−85 000	18 193 000	1 447 000	82 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 337 000	9 846 000	1 600 000	1 512 000
Total Current Assets	6 708 000	9 864 000	1 168 000	132 000
Total Assets	17 045 000	19 710 000	2 768 000	1 644 000
Total Retained Equity	13 411 000	16 581 000	2 094 000	855 000
Total Equity	13 756 000	16 926 000	2 439 000	1 200 000
Total Long-Term Debt	0	120 000	273 000	411 000
Total Current Debt	3 289 000	2 664 000	56 000	34 000
Total Equity and Debt	17 045 000	19 710 000	2 768 000	1 644 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	274 000	109 000
Other Income	0	0	0	0
Revenue	0	0	274 000	109 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	9 000	9 000	4 000	0
Impairment	0	0	0	0
Expenditure	66 000	33 000	17 000	12 000
Operating Profit	−66 000	−33 000	257 000	97 000
Financial Income	13 000	18 248 000	1 261 000	0
Financial Costs	32 000	2 000	12 000	5 000
Financial Balance	−19 000	18 246 000	1 249 000	−5 000
Dividends	3 085 000	2 460 000	0	0
Net Income	−85 000	18 193 000	1 447 000	82 000

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	39 000	0
Fixtures	22 000	31 000	0	0
Total Tangible Assets	22 000	31 000	39 000	0
Total Fiancial Fixed Assets	10 315 000	9 815 000	1 561 000	1 512 000
Total Fixed Assets	10 337 000	9 846 000	1 600 000	1 512 000
Stock	0	0	0	0
Total Investments	879 000	0	0	0
Cash, Bank	2 736 000	6 898 000	1 168 000	128 000
Total Current Assets	6 708 000	9 864 000	1 168 000	132 000
Total Assets	17 045 000	19 710 000	2 768 000	1 644 000
Total Equity	13 756 000	16 926 000	2 439 000	1 200 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	120 000	273 000	411 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	56 000	24 000
Dividends	3 085 000	2 460 000	0	0
Other Current Debt	204 000	204 000	0	0
Total Current Debt	3 289 000	2 664 000	56 000	34 000
Total Equity and Debt	17 045 000	19 710 000	2 768 000	1 644 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,62 %	107,49 %	59,33 %	6,83 %
Debt-to-Equity Ratio	0	0,01	0,11	0,34
Operating Profit Margin	-	-	93,8 %	88,99 %
Current Ratio	2,04	3,7	20,86	3,88
Quick Ratio	2,04	3,7	20,86	3,88
Equity Ratio	0,81	0,86	0,88	0,73
Gross Profit Margin	-	-	100 %	100 %