ADELSMANN AS

7714 STEINKJER

Finances

Share Ownership

Return on Equity

22,67 %

Current Ratio

2,71

Debt-to-Equity Ratio

0,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 305 000	9 371 000	8 627 000	7 317 000
Net Income	635 000	183 000	61 000	140 000
Total Assets	4 662 000	4 602 000	4 614 000	3 199 000
Total Equity	2 801 000	2 166 000	1 984 000	1 923 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 305 000	9 371 000	8 627 000	7 317 000
Expenditure	9 457 000	9 078 000	8 503 000	7 120 000
Operating Profit	848 000	293 000	123 000	197 000
Financial Income	3 000	0	0	2 000
Financial Costs	37 000	59 000	45 000	19 000
Financial Balance	−34 000	−59 000	−45 000	−17 000
Earnings Before Tax	814 000	234 000	78 000	180 000
Tax	179 000	51 000	17 000	40 000
Net Income	635 000	183 000	61 000	140 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	210 000	276 000	373 000	57 000
Total Current Assets	4 452 000	4 326 000	4 241 000	3 141 000
Total Assets	4 662 000	4 602 000	4 614 000	3 199 000
Total Retained Equity	2 441 000	1 806 000	1 624 000	1 563 000
Total Equity	2 801 000	2 166 000	1 984 000	1 923 000
Total Long-Term Debt	220 000	601 000	919 000	86 000
Total Current Debt	1 641 000	1 834 000	1 711 000	1 190 000
Total Equity and Debt	4 662 000	4 602 000	4 614 000	3 199 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 326 000	9 060 000	8 516 000	7 317 000
Other Income	−20 000	311 000	110 000	0
Revenue	10 305 000	9 371 000	8 627 000	7 317 000
Cost of Goods Sold	4 899 000	4 524 000	4 144 000	3 538 000
Salary Costs	2 600 000	2 688 000	2 397 000	2 014 000
Depreciation	96 000	96 000	83 000	16 000
Impairment	0	0	0	0
Expenditure	9 457 000	9 078 000	8 503 000	7 120 000
Operating Profit	848 000	293 000	123 000	197 000
Financial Income	3 000	0	0	2 000
Financial Costs	37 000	59 000	45 000	19 000
Financial Balance	−34 000	−59 000	−45 000	−17 000
Dividends	0	0	0	0
Net Income	635 000	183 000	61 000	140 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	14 000	15 000	16 000	18 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	1 000	10 000	19 000
Fixtures	196 000	259 000	346 000	20 000
Total Tangible Assets	196 000	261 000	357 000	40 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	210 000	276 000	373 000	57 000
Stock	2 987 000	2 646 000	3 155 000	2 078 000
Total Investments	0	0	0	0
Cash, Bank	1 016 000	1 332 000	717 000	730 000
Total Current Assets	4 452 000	4 326 000	4 241 000	3 141 000
Total Assets	4 662 000	4 602 000	4 614 000	3 199 000
Total Equity	2 801 000	2 166 000	1 984 000	1 923 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	220 000	601 000	919 000	86 000
Creditors	742 000	673 000	667 000	525 000
Unpaid Taxes	373 000	484 000	424 000	444 000
Dividends	0	0	0	0
Other Current Debt	349 000	626 000	605 000	209 000
Total Current Debt	1 641 000	1 834 000	1 711 000	1 190 000
Total Equity and Debt	4 662 000	4 602 000	4 614 000	3 199 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,67 %	8,45 %	3,07 %	7,28 %
Debt-to-Equity Ratio	0,08	0,28	0,46	0,04
Operating Profit Margin	8,23 %	3,13 %	1,43 %	2,69 %
Current Ratio	2,71	2,36	2,48	2,64
Quick Ratio	−3,31	−5,33	−2,94	−3,54
Equity Ratio	0,6	0,47	0,43	0,6
Gross Profit Margin	52,46 %	51,72 %	51,96 %	51,65 %