ADD ENERGY GROUP AS

4020 STAVANGER

Finances

Return on Equity

−25,96 %

Current Ratio

4,28

Debt-to-Equity Ratio

1,87

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 726 000	205 523 000	291 403 000	304 240 000
Net Income	−8 911 000	−71 109 000	−18 958 000	−15 296 000
Total Assets	107 816 000	87 784 000	153 864 000	177 663 000
Total Equity	34 329 000	−13 037 000	59 733 000	70 159 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 726 000	205 523 000	291 403 000	304 240 000
Expenditure	15 118 000	277 421 000	296 991 000	313 011 000
Operating Profit	−8 392 000	−71 898 000	−5 588 000	−8 771 000
Financial Income	20 887 000	944 000	1 655 000	2 359 000
Financial Costs	28 586 000	4 652 000	8 440 000	9 244 000
Financial Balance	−7 699 000	−3 708 000	−6 785 000	−6 885 000
Earnings Before Tax	−16 091 000	−75 606 000	−12 373 000	−15 656 000
Tax	−7 180 000	−4 497 000	6 585 000	−360 000
Net Income	−8 911 000	−71 109 000	−18 958 000	−15 296 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	67 865 000	35 427 000	84 349 000	70 782 000
Total Current Assets	39 951 000	52 357 000	69 515 000	106 881 000
Total Assets	107 816 000	87 784 000	153 864 000	177 663 000
Total Retained Equity	−56 797 000	−366 383 000	−293 613 000	−164 945 000
Total Equity	34 329 000	−13 037 000	59 733 000	70 159 000
Total Long-Term Debt	64 155 000	14 712 000	22 247 000	9 908 000
Total Current Debt	9 332 000	86 108 000	71 884 000	97 598 000
Total Equity and Debt	107 816 000	87 783 000	153 864 000	177 665 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 726 000	205 523 000	291 403 000	304 240 000
Other Income	0	0	0	0
Revenue	6 726 000	205 523 000	291 403 000	304 240 000
Cost of Goods Sold	3 201 000	73 973 000	108 609 000	119 190 000
Salary Costs	6 897 000	122 020 000	132 512 000	143 018 000
Depreciation	266 000	13 689 000	8 134 000	6 585 000
Impairment	0	44 325 000	5 769 000	5 686 000
Expenditure	15 118 000	277 421 000	296 991 000	313 011 000
Operating Profit	−8 392 000	−71 898 000	−5 588 000	−8 771 000
Financial Income	20 887 000	944 000	1 655 000	2 359 000
Financial Costs	28 586 000	4 652 000	8 440 000	9 244 000
Financial Balance	−7 699 000	−3 708 000	−6 785 000	−6 885 000
Dividends	0	0	0	0
Net Income	−8 911 000	−71 109 000	−18 958 000	−15 296 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	16 758 000	61 423 000	60 475 000
Total Intangible Assets	0	16 999 000	61 423 000	60 475 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	16 000	0	0	0
Fixtures	0	2 317 000	3 172 000	3 044 000
Total Tangible Assets	16 000	2 317 000	3 172 000	3 044 000
Total Fiancial Fixed Assets	67 849 000	16 111 000	19 754 000	7 263 000
Total Fixed Assets	67 865 000	35 427 000	84 349 000	70 782 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 426 000	3 650 000	1 459 000	280 000
Total Current Assets	39 951 000	52 357 000	69 515 000	106 881 000
Total Assets	107 816 000	87 784 000	153 864 000	177 663 000
Total Equity	34 329 000	−13 037 000	59 733 000	70 159 000
Short-Term Group Debt	7 719 000	0	0	0
Total Long-Term Debt	64 155 000	14 712 000	22 247 000	9 908 000
Creditors	732 000	17 458 000	17 376 000	27 817 000
Unpaid Taxes	168 000	4 300 000	4 081 000	4 715 000
Dividends	0	0	0	0
Other Current Debt	713 000	17 515 000	17 452 000	45 401 000
Total Current Debt	9 332 000	86 108 000	71 884 000	97 598 000
Total Equity and Debt	107 816 000	87 783 000	153 864 000	177 665 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−25,96 %	545,44 %	−31,74 %	−21,8 %
Debt-to-Equity Ratio	1,87	−1,13	0,37	0,14
Operating Profit Margin	−124,77 %	−34,98 %	−1,92 %	−2,88 %
Current Ratio	4,28	0,61	0,97	1,1
Quick Ratio	4,28	0,61	0,97	1,1
Equity Ratio	0,32	−0,15	0,39	0,39
Gross Profit Margin	52,41 %	64,01 %	62,73 %	60,82 %