EXHIB AS

2345 ÅDALSBRUK

Finances

Share Ownership

Return on Equity

−4,25 %

Current Ratio

7,35

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	120 000	756 000	631 000	339 000
Net Income	−128 000	346 000	213 000	42 000
Total Assets	3 490 000	3 916 000	3 914 000	3 550 000
Total Equity	3 015 000	3 143 000	2 797 000	2 584 000

Income (NOK)	2022	2021	2020	2019
Revenue	120 000	756 000	631 000	339 000
Expenditure	249 000	409 000	418 000	357 000
Operating Profit	−129 000	347 000	213 000	−18 000
Financial Income	1 000	0	0	60 000
Financial Costs	0	1 000	0	0
Financial Balance	1 000	−1 000	0	60 000
Earnings Before Tax	−128 000	346 000	213 000	42 000
Tax	0	0	0	0
Net Income	−128 000	346 000	213 000	42 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	3 000
Total Current Assets	3 490 000	3 916 000	3 914 000	3 547 000
Total Assets	3 490 000	3 916 000	3 914 000	3 550 000
Total Retained Equity	2 915 000	3 043 000	2 697 000	2 484 000
Total Equity	3 015 000	3 143 000	2 797 000	2 584 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	475 000	773 000	1 116 000	965 000
Total Equity and Debt	3 490 000	3 916 000	3 914 000	3 550 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	120 000	756 000	631 000	339 000
Other Income	0	0	0	0
Revenue	120 000	756 000	631 000	339 000
Cost of Goods Sold	27 000	170 000	126 000	31 000
Salary Costs	141 000	141 000	144 000	156 000
Depreciation	0	0	3 000	5 000
Impairment	0	0	0	0
Expenditure	249 000	409 000	418 000	357 000
Operating Profit	−129 000	347 000	213 000	−18 000
Financial Income	1 000	0	0	60 000
Financial Costs	0	1 000	0	0
Financial Balance	1 000	−1 000	0	60 000
Dividends	0	0	0	0
Net Income	−128 000	346 000	213 000	42 000

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	0	0	0	3 000
Total Tangible Assets	0	0	0	3 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	3 000
Stock	77 000	90 000	112 000	102 000
Total Investments	0	0	0	0
Cash, Bank	44 000	443 000	508 000	180 000
Total Current Assets	3 490 000	3 916 000	3 914 000	3 547 000
Total Assets	3 490 000	3 916 000	3 914 000	3 550 000
Total Equity	3 015 000	3 143 000	2 797 000	2 584 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 000	3 000	0	0
Unpaid Taxes	19 000	137 000	121 000	67 000
Dividends	0	0	0	0
Other Current Debt	454 000	633 000	996 000	898 000
Total Current Debt	475 000	773 000	1 116 000	965 000
Total Equity and Debt	3 490 000	3 916 000	3 914 000	3 550 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,25 %	11,01 %	7,62 %	1,63 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−107,5 %	45,9 %	33,76 %	−5,31 %
Current Ratio	7,35	5,07	3,51	3,68
Quick Ratio	8,77	5,73	3,9	4,11
Equity Ratio	0,86	0,8	0,71	0,73
Gross Profit Margin	77,5 %	77,51 %	80,03 %	90,86 %