ADAPTIVE AS

1337 SANDVIKA

Finances

Share Ownership

Return on Equity

65,63 %

Current Ratio

3,45

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	24 226 000	20 245 000	18 372 000	18 204 000
Net Income	7 813 000	6 646 000	5 990 000	4 484 000
Total Assets	16 644 000	14 209 000	12 245 000	11 175 000
Total Equity	11 904 000	10 092 000	9 445 000	7 940 000

Income (NOK)	2022	2021	2020	2019
Revenue	24 226 000	20 245 000	18 372 000	18 204 000
Expenditure	14 304 000	11 730 000	10 925 000	12 498 000
Operating Profit	9 921 000	8 514 000	7 447 000	5 707 000
Financial Income	105 000	16 000	42 000	51 000
Financial Costs	9 000	9 000	7 000	7 000
Financial Balance	96 000	7 000	35 000	44 000
Earnings Before Tax	10 018 000	8 521 000	7 482 000	5 751 000
Tax	2 205 000	1 875 000	1 492 000	1 267 000
Net Income	7 813 000	6 646 000	5 990 000	4 484 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	317 000	142 000	166 000	195 000
Total Current Assets	16 327 000	14 067 000	12 079 000	10 980 000
Total Assets	16 644 000	14 209 000	12 245 000	11 175 000
Total Retained Equity	10 904 000	9 092 000	8 445 000	6 940 000
Total Equity	11 904 000	10 092 000	9 445 000	7 940 000
Total Long-Term Debt	14 000	10 000	10 000	7 000
Total Current Debt	4 726 000	4 107 000	2 790 000	3 229 000
Total Equity and Debt	16 644 000	14 209 000	12 245 000	11 175 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	23 938 000	20 273 000	18 239 000	18 159 000
Other Income	288 000	−28 000	133 000	45 000
Revenue	24 226 000	20 245 000	18 372 000	18 204 000
Cost of Goods Sold	4 800 000	3 370 000	3 523 000	4 161 000
Salary Costs	6 352 000	5 681 000	5 132 000	6 077 000
Depreciation	28 000	24 000	30 000	36 000
Impairment	0	0	0	0
Expenditure	14 304 000	11 730 000	10 925 000	12 498 000
Operating Profit	9 921 000	8 514 000	7 447 000	5 707 000
Financial Income	105 000	16 000	42 000	51 000
Financial Costs	9 000	9 000	7 000	7 000
Financial Balance	96 000	7 000	35 000	44 000
Dividends	0	0	0	0
Net Income	7 813 000	6 646 000	5 990 000	4 484 000

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	197 000	142 000	166 000	195 000
Total Tangible Assets	197 000	142 000	166 000	195 000
Total Fiancial Fixed Assets	120 000	0	0	0
Total Fixed Assets	317 000	142 000	166 000	195 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	13 727 000	10 905 000	9 570 000	8 511 000
Total Current Assets	16 327 000	14 067 000	12 079 000	10 980 000
Total Assets	16 644 000	14 209 000	12 245 000	11 175 000
Total Equity	11 904 000	10 092 000	9 445 000	7 940 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	14 000	10 000	10 000	7 000
Creditors	744 000	730 000	486 000	114 000
Unpaid Taxes	761 000	419 000	692 000	934 000
Dividends	0	0	0	0
Other Current Debt	1 020 000	1 084 000	827 000	915 000
Total Current Debt	4 726 000	4 107 000	2 790 000	3 229 000
Total Equity and Debt	16 644 000	14 209 000	12 245 000	11 175 000

Financial indicators	2022	2021	2020	2019
Return on Equity	65,63 %	65,85 %	63,42 %	56,47 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	40,95 %	42,05 %	40,53 %	31,35 %
Current Ratio	3,45	3,43	4,33	3,4
Quick Ratio	3,45	3,43	4,33	3,4
Equity Ratio	0,72	0,71	0,77	0,71
Gross Profit Margin	80,19 %	83,35 %	80,82 %	77,14 %