ÅDALEN EIENDOM AS

1708 SARPSBORG

Finances

Return on Equity

82,09 %

Current Ratio

8,95

Debt-to-Equity Ratio

9,77

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 560 000	5 167 000	1 700 000	6 284 000
Net Income	3 983 000	−359 000	−552 000	−766 000
Total Assets	54 973 000	58 287 000	35 445 000	39 690 000
Total Equity	4 852 000	2 828 000	3 188 000	3 739 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 560 000	5 167 000	1 700 000	6 284 000
Expenditure	9 468 000	4 883 000	1 595 000	6 619 000
Operating Profit	6 093 000	284 000	104 000	−336 000
Financial Income	120 000	0	0	2 000
Financial Costs	1 332 000	644 000	688 000	648 000
Financial Balance	−1 212 000	−644 000	−688 000	−646 000
Earnings Before Tax	4 881 000	−359 000	−583 000	−983 000
Tax	898 000	0	−32 000	−216 000
Net Income	3 983 000	−359 000	−552 000	−766 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	30 479 000	33 264 000	32 754 000	31 636 000
Total Current Assets	24 493 000	25 022 000	2 692 000	8 055 000
Total Assets	54 973 000	58 287 000	35 445 000	39 690 000
Total Retained Equity	658 000	−1 366 000	−1 007 000	−455 000
Total Equity	4 852 000	2 828 000	3 188 000	3 739 000
Total Long-Term Debt	47 384 000	50 276 000	32 121 000	31 115 000
Total Current Debt	2 736 000	5 182 000	136 000	4 836 000
Total Equity and Debt	54 973 000	58 287 000	35 445 000	39 690 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 840 000	3 294 000	0	5 000 000
Other Income	1 720 000	1 874 000	1 700 000	1 284 000
Revenue	15 560 000	5 167 000	1 700 000	6 284 000
Cost of Goods Sold	7 229 000	3 144 000	0	5 146 000
Salary Costs	596 000	445 000	523 000	307 000
Depreciation	12 000	162 000	176 000	176 000
Impairment	0	0	0	0
Expenditure	9 468 000	4 883 000	1 595 000	6 619 000
Operating Profit	6 093 000	284 000	104 000	−336 000
Financial Income	120 000	0	0	2 000
Financial Costs	1 332 000	644 000	688 000	648 000
Financial Balance	−1 212 000	−644 000	−688 000	−646 000
Dividends	0	0	0	0
Net Income	3 983 000	−359 000	−552 000	−766 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	27 173 000	29 696 000	32 717 000	31 586 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	12 000	25 000	37 000	49 000
Total Tangible Assets	27 185 000	29 720 000	32 754 000	31 636 000
Total Fiancial Fixed Assets	3 294 000	3 544 000	0	0
Total Fixed Assets	30 479 000	33 264 000	32 754 000	31 636 000
Stock	12 105 000	18 802 000	0	0
Total Investments	0	0	0	0
Cash, Bank	1 782 000	5 181 000	1 493 000	5 401 000
Total Current Assets	24 493 000	25 022 000	2 692 000	8 055 000
Total Assets	54 973 000	58 287 000	35 445 000	39 690 000
Total Equity	4 852 000	2 828 000	3 188 000	3 739 000
Short-Term Group Debt	2 544 000	5 000 000	0	4 643 000
Total Long-Term Debt	47 384 000	50 276 000	32 121 000	31 115 000
Creditors	73 000	0	0	0
Unpaid Taxes	11 000	22 000	24 000	10 000
Dividends	0	0	0	0
Other Current Debt	108 000	160 000	112 000	183 000
Total Current Debt	2 736 000	5 182 000	136 000	4 836 000
Total Equity and Debt	54 973 000	58 287 000	35 445 000	39 690 000

Financial indicators	2022	2021	2020	2019
Return on Equity	82,09 %	−12,69 %	−17,31 %	−20,49 %
Debt-to-Equity Ratio	9,77	17,78	10,08	8,32
Operating Profit Margin	39,16 %	5,5 %	6,12 %	−5,35 %
Current Ratio	8,95	4,83	19,79	1,67
Quick Ratio	−2,61	−1,84	19,79	1,67
Equity Ratio	0,09	0,05	0,09	0,09
Gross Profit Margin	53,54 %	39,15 %	100 %	18,11 %