ÅDALEN AS

6260 SKODJE

Finances

Share Ownership

Return on Equity

20,51 %

Current Ratio

3,74

Debt-to-Equity Ratio

17,22

Key figures (NOK)	2022	2021	2020	2019
Revenue	309 000	4 753 000	8 588 000	13 143 000
Net Income	40 000	−880 000	−539 000	169 000
Total Assets	4 843 000	7 634 000	4 956 000	7 413 000
Total Equity	195 000	154 000	1 034 000	1 573 000

Income (NOK)	2022	2021	2020	2019
Revenue	309 000	4 753 000	8 588 000	13 143 000
Expenditure	161 000	5 249 000	8 999 000	12 587 000
Operating Profit	148 000	−495 000	−411 000	557 000
Financial Income	0	0	0	0
Financial Costs	108 000	373 000	279 000	340 000
Financial Balance	−108 000	−373 000	−279 000	−340 000
Earnings Before Tax	40 000	−868 000	−689 000	218 000
Tax	0	11 000	−150 000	48 000
Net Income	40 000	−880 000	−539 000	169 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 000	26 000	43 000	37 000
Total Current Assets	4 823 000	7 608 000	4 913 000	7 375 000
Total Assets	4 843 000	7 634 000	4 956 000	7 413 000
Total Retained Equity	−729 000	−769 000	110 000	649 000
Total Equity	195 000	154 000	1 034 000	1 573 000
Total Long-Term Debt	3 357 000	6 199 000	3 769 000	5 198 000
Total Current Debt	1 291 000	1 280 000	153 000	641 000
Total Equity and Debt	4 843 000	7 634 000	4 956 000	7 413 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	309 000	4 753 000	8 588 000	13 143 000
Other Income	0	0	0	0
Revenue	309 000	4 753 000	8 588 000	13 143 000
Cost of Goods Sold	−26 000	4 966 000	8 288 000	11 570 000
Salary Costs	33 000	30 000	394 000	633 000
Depreciation	6 000	6 000	6 000	6 000
Impairment	0	0	0	0
Expenditure	161 000	5 249 000	8 999 000	12 587 000
Operating Profit	148 000	−495 000	−411 000	557 000
Financial Income	0	0	0	0
Financial Costs	108 000	373 000	279 000	340 000
Financial Balance	−108 000	−373 000	−279 000	−340 000
Dividends	0	0	0	0
Net Income	40 000	−880 000	−539 000	169 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	11 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	20 000	26 000	31 000	37 000
Fixtures	0	0	0	0
Total Tangible Assets	20 000	26 000	31 000	37 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	20 000	26 000	43 000	37 000
Stock	4 472 000	7 190 000	4 380 000	6 675 000
Total Investments	0	0	0	0
Cash, Bank	1 000	7 000	108 000	260 000
Total Current Assets	4 823 000	7 608 000	4 913 000	7 375 000
Total Assets	4 843 000	7 634 000	4 956 000	7 413 000
Total Equity	195 000	154 000	1 034 000	1 573 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 357 000	6 199 000	3 769 000	5 198 000
Creditors	1 246 000	1 271 000	15 000	532 000
Unpaid Taxes	2 000	2 000	49 000	46 000
Dividends	0	0	0	0
Other Current Debt	43 000	8 000	89 000	63 000
Total Current Debt	1 291 000	1 280 000	153 000	641 000
Total Equity and Debt	4 843 000	7 634 000	4 956 000	7 413 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,51 %	−571,43 %	−52,13 %	10,74 %
Debt-to-Equity Ratio	17,22	40,25	3,65	3,3
Operating Profit Margin	47,9 %	−10,41 %	−4,79 %	4,24 %
Current Ratio	3,74	5,94	32,11	11,51
Quick Ratio	−1,52	−1,29	−1,16	−1,22
Equity Ratio	0,04	0,02	0,21	0,21
Gross Profit Margin	108,41 %	−4,48 %	3,49 %	11,97 %