ADDCON NORDIC AS

3936 PORSGRUNN

Finances

Share Ownership

Return on Equity

25,41 %

Current Ratio

3,01

Debt-to-Equity Ratio

1,73

Key figures (NOK)	2022	2021	2020	2019
Revenue	561 473 000	357 903 000	324 851 000	346 817 000
Net Income	29 620 000	1 200 000	17 672 000	12 184 000
Total Assets	432 995 000	196 712 000	218 946 000	210 239 000
Total Equity	116 546 000	86 926 000	85 726 000	83 760 000

Income (NOK)	2022	2021	2020	2019
Revenue	561 473 000	357 903 000	324 851 000	346 817 000
Expenditure	513 913 000	353 172 000	300 732 000	328 582 000
Operating Profit	46 932 000	3 541 000	22 393 000	16 996 000
Financial Income	14 669 000	7 221 000	10 642 000	13 576 000
Financial Costs	23 623 000	9 213 000	10 341 000	14 936 000
Financial Balance	−8 954 000	−1 992 000	301 000	−1 360 000
Earnings Before Tax	37 978 000	1 549 000	22 695 000	15 635 000
Tax	8 358 000	348 000	5 023 000	3 452 000
Net Income	29 620 000	1 200 000	17 672 000	12 184 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	85 732 000	70 470 000	56 683 000	83 990 000
Total Current Assets	347 263 000	126 242 000	162 263 000	126 249 000
Total Assets	432 995 000	196 712 000	218 946 000	210 239 000
Total Retained Equity	110 299 000	80 679 000	79 478 000	77 512 000
Total Equity	116 546 000	86 926 000	85 726 000	83 760 000
Total Long-Term Debt	201 164 000	41 037 000	32 651 000	8 827 000
Total Current Debt	115 286 000	68 749 000	100 568 000	117 653 000
Total Equity and Debt	432 995 000	196 712 000	218 946 000	210 239 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	561 342 000	357 903 000	324 851 000	346 812 000
Other Income	131 000	0	0	5 000
Revenue	561 473 000	357 903 000	324 851 000	346 817 000
Cost of Goods Sold	405 518 000	257 147 000	203 322 000	231 870 000
Salary Costs	52 055 000	48 452 000	41 364 000	43 029 000
Depreciation	7 558 000	7 014 000	6 845 000	6 558 000
Impairment	0	0	0	0
Expenditure	513 913 000	353 172 000	300 732 000	328 582 000
Operating Profit	46 932 000	3 541 000	22 393 000	16 996 000
Financial Income	14 669 000	7 221 000	10 642 000	13 576 000
Financial Costs	23 623 000	9 213 000	10 341 000	14 936 000
Financial Balance	−8 954 000	−1 992 000	301 000	−1 360 000
Dividends	0	0	15 705 000	0
Net Income	29 620 000	1 200 000	17 672 000	12 184 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 123 000	1 263 000	1 469 000	1 829 000
Real Eastate	28 206 000	37 610 000	27 160 000	28 642 000
Machinery and Plant Facilities	56 335 000	31 376 000	27 677 000	26 537 000
Fixtures	68 000	221 000	377 000	54 000
Total Tangible Assets	84 609 000	69 206 000	55 214 000	55 233 000
Total Fiancial Fixed Assets	0	0	0	26 928 000
Total Fixed Assets	85 732 000	70 470 000	56 683 000	83 990 000
Stock	159 416 000	49 412 000	77 816 000	57 382 000
Total Investments	0	0	0	0
Cash, Bank	18 666 000	4 289 000	15 620 000	3 306 000
Total Current Assets	347 263 000	126 242 000	162 263 000	126 249 000
Total Assets	432 995 000	196 712 000	218 946 000	210 239 000
Total Equity	116 546 000	86 926 000	85 726 000	83 760 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	201 164 000	41 037 000	32 651 000	8 827 000
Creditors	70 460 000	49 541 000	66 517 000	77 511 000
Unpaid Taxes	20 752 000	9 978 000	7 529 000	13 270 000
Dividends	0	0	15 705 000	0
Other Current Debt	16 947 000	8 049 000	20 795 000	5 218 000
Total Current Debt	115 286 000	68 749 000	100 568 000	117 653 000
Total Equity and Debt	432 995 000	196 712 000	218 946 000	210 239 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,41 %	1,38 %	20,61 %	14,55 %
Debt-to-Equity Ratio	1,73	0,47	0,38	0,11
Operating Profit Margin	8,36 %	0,99 %	6,89 %	4,9 %
Current Ratio	3,01	1,84	1,61	1,07
Quick Ratio	−7,87	6,53	7,13	2,09
Equity Ratio	0,27	0,44	0,39	0,4
Gross Profit Margin	27,78 %	28,15 %	37,41 %	33,14 %