ADAPTIC AS

5257 KOKSTAD

Finances

Return on Equity

2,72 %

Current Ratio

0,78

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 327 000	8 710 000	11 269 000	13 463 000
Net Income	450 000	1 100 000	−2 203 000	−2 250 000
Total Assets	34 350 000	19 460 000	11 551 000	10 360 000
Total Equity	16 555 000	5 954 000	561 000	1 691 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 327 000	8 710 000	11 269 000	13 463 000
Expenditure	8 247 000	7 362 000	14 483 000	16 598 000
Operating Profit	1 081 000	1 348 000	−3 215 000	−3 135 000
Financial Income	34 000	83 000	509 000	457 000
Financial Costs	432 000	44 000	221 000	186 000
Financial Balance	−398 000	39 000	288 000	271 000
Earnings Before Tax	683 000	1 388 000	−2 927 000	−2 864 000
Tax	233 000	288 000	−724 000	−614 000
Net Income	450 000	1 100 000	−2 203 000	−2 250 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 454 000	5 424 000	5 178 000	4 200 000
Total Current Assets	13 896 000	14 036 000	6 373 000	6 160 000
Total Assets	34 350 000	19 460 000	11 551 000	10 360 000
Total Retained Equity	1 550 000	1 100 000	0	0
Total Equity	16 555 000	5 954 000	561 000	1 691 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	17 796 000	13 506 000	10 990 000	8 669 000
Total Equity and Debt	34 350 000	19 460 000	11 551 000	10 360 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 221 000	8 710 000	11 269 000	13 463 000
Other Income	107 000	0	0	0
Revenue	9 327 000	8 710 000	11 269 000	13 463 000
Cost of Goods Sold	3 118 000	2 891 000	3 989 000	4 617 000
Salary Costs	3 925 000	3 575 000	6 470 000	7 494 000
Depreciation	26 000	8 000	1 898 000	2 249 000
Impairment	0	0	0	0
Expenditure	8 247 000	7 362 000	14 483 000	16 598 000
Operating Profit	1 081 000	1 348 000	−3 215 000	−3 135 000
Financial Income	34 000	83 000	509 000	457 000
Financial Costs	432 000	44 000	221 000	186 000
Financial Balance	−398 000	39 000	288 000	271 000
Dividends	0	0	0	0
Net Income	450 000	1 100 000	−2 203 000	−2 250 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	30 000	112 000	5 031 000	4 167 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	54 000	62 000	147 000	33 000
Total Tangible Assets	54 000	62 000	147 000	33 000
Total Fiancial Fixed Assets	20 370 000	5 250 000	0	0
Total Fixed Assets	20 454 000	5 424 000	5 178 000	4 200 000
Stock	1 683 000	815 000	480 000	266 000
Total Investments	0	0	0	0
Cash, Bank	201 000	670 000	438 000	280 000
Total Current Assets	13 896 000	14 036 000	6 373 000	6 160 000
Total Assets	34 350 000	19 460 000	11 551 000	10 360 000
Total Equity	16 555 000	5 954 000	561 000	1 691 000
Short-Term Group Debt	5 151 000	0	2 524 000	0
Total Long-Term Debt	0	0	0	0
Creditors	555 000	1 417 000	712 000	838 000
Unpaid Taxes	608 000	1 975 000	1 154 000	1 324 000
Dividends	0	0	0	0
Other Current Debt	415 000	1 387 000	819 000	798 000
Total Current Debt	17 796 000	13 506 000	10 990 000	8 669 000
Total Equity and Debt	34 350 000	19 460 000	11 551 000	10 360 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,72 %	18,47 %	−392,69 %	−133,06 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	11,59 %	15,48 %	−28,53 %	−23,29 %
Current Ratio	0,78	1,04	0,58	0,71
Quick Ratio	0,86	1,11	0,61	0,73
Equity Ratio	0,48	0,31	0,05	0,16
Gross Profit Margin	66,57 %	66,81 %	64,6 %	65,71 %