AD NAVIGATION AS

3170 SEM

Finances

Share Ownership

Return on Equity

26,91 %

Current Ratio

2,82

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	28 142 000	26 018 000	14 373 000	14 583 000
Net Income	2 891 000	4 390 000	876 000	1 921 000
Total Assets	17 416 000	15 081 000	9 372 000	9 214 000
Total Equity	10 742 000	8 751 000	5 961 000	6 085 000

Income (NOK)	2022	2021	2020	2019
Revenue	28 142 000	26 018 000	14 373 000	14 583 000
Expenditure	24 741 000	19 666 000	13 920 000	12 322 000
Operating Profit	3 401 000	6 351 000	454 000	2 262 000
Financial Income	788 000	123 000	827 000	110 000
Financial Costs	501 000	802 000	148 000	130 000
Financial Balance	287 000	−679 000	679 000	−20 000
Earnings Before Tax	3 688 000	5 673 000	1 132 000	2 241 000
Tax	798 000	1 283 000	256 000	320 000
Net Income	2 891 000	4 390 000	876 000	1 921 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	32 000	15 000	92 000	203 000
Total Current Assets	17 384 000	15 066 000	9 280 000	9 011 000
Total Assets	17 416 000	15 081 000	9 372 000	9 214 000
Total Retained Equity	9 099 000	7 109 000	4 319 000	4 442 000
Total Equity	10 742 000	8 751 000	5 961 000	6 085 000
Total Long-Term Debt	500 000	1 100 000	0	0
Total Current Debt	6 174 000	5 229 000	3 410 000	3 129 000
Total Equity and Debt	17 416 000	15 081 000	9 372 000	9 214 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	28 142 000	25 418 000	14 373 000	14 583 000
Other Income	0	600 000	0	0
Revenue	28 142 000	26 018 000	14 373 000	14 583 000
Cost of Goods Sold	10 450 000	10 852 000	7 225 000	6 791 000
Salary Costs	7 988 000	4 169 000	3 256 000	2 652 000
Depreciation	15 000	77 000	31 000	20 000
Impairment	0	0	0	0
Expenditure	24 741 000	19 666 000	13 920 000	12 322 000
Operating Profit	3 401 000	6 351 000	454 000	2 262 000
Financial Income	788 000	123 000	827 000	110 000
Financial Costs	501 000	802 000	148 000	130 000
Financial Balance	287 000	−679 000	679 000	−20 000
Dividends	900 000	1 600 000	1 000 000	1 000 000
Net Income	2 891 000	4 390 000	876 000	1 921 000

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	32 000	15 000	92 000	123 000
Total Tangible Assets	32 000	15 000	92 000	123 000
Total Fiancial Fixed Assets	0	0	0	80 000
Total Fixed Assets	32 000	15 000	92 000	203 000
Stock	961 000	2 836 000	1 252 000	1 238 000
Total Investments	0	0	0	0
Cash, Bank	3 937 000	6 634 000	4 664 000	3 789 000
Total Current Assets	17 384 000	15 066 000	9 280 000	9 011 000
Total Assets	17 416 000	15 081 000	9 372 000	9 214 000
Total Equity	10 742 000	8 751 000	5 961 000	6 085 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	500 000	1 100 000	0	0
Creditors	861 000	473 000	2 139 000	557 000
Unpaid Taxes	456 000	552 000	325 000	256 000
Dividends	900 000	1 600 000	1 000 000	1 000 000
Other Current Debt	4 060 000	2 923 000	690 000	2 006 000
Total Current Debt	6 174 000	5 229 000	3 410 000	3 129 000
Total Equity and Debt	17 416 000	15 081 000	9 372 000	9 214 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,91 %	50,17 %	14,7 %	31,57 %
Debt-to-Equity Ratio	0,05	0,13	0	0
Operating Profit Margin	12,09 %	24,41 %	3,16 %	15,51 %
Current Ratio	2,82	2,88	2,72	2,88
Quick Ratio	3,33	6,3	4,3	4,77
Equity Ratio	0,62	0,58	0,64	0,66
Gross Profit Margin	62,87 %	58,29 %	49,73 %	53,43 %