ADMIRATION AS

1459 NESODDEN

Finances

Share Ownership

Return on Equity

−37,85 %

Current Ratio

0,64

Debt-to-Equity Ratio

−1,32

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 093 000	1 631 000	856 000	854 000
Net Income	190 000	273 000	110 000	110 000
Total Assets	526 000	874 000	628 000	217 000
Total Equity	−502 000	−392 000	255 000	245 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 093 000	1 631 000	856 000	854 000
Expenditure	1 793 000	1 234 000	692 000	684 000
Operating Profit	300 000	397 000	164 000	170 000
Financial Income	0	0	0	0
Financial Costs	48 000	47 000	22 000	28 000
Financial Balance	−48 000	−47 000	−22 000	−28 000
Earnings Before Tax	251 000	350 000	142 000	141 000
Tax	61 000	77 000	31 000	31 000
Net Income	190 000	273 000	110 000	110 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	292 000	384 000	494 000	175 000
Total Current Assets	234 000	490 000	134 000	42 000
Total Assets	526 000	874 000	628 000	217 000
Total Retained Equity	−532 000	−422 000	225 000	215 000
Total Equity	−502 000	−392 000	255 000	245 000
Total Long-Term Debt	664 000	729 000	850 000	80 000
Total Current Debt	364 000	537 000	−476 000	−107 000
Total Equity and Debt	526 000	874 000	628 000	217 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 093 000	1 631 000	743 000	854 000
Other Income	0	0	113 000	0
Revenue	2 093 000	1 631 000	856 000	854 000
Cost of Goods Sold	0	102 000	123 000	0
Salary Costs	1 369 000	775 000	68 000	465 000
Depreciation	114 000	110 000	55 000	50 000
Impairment	0	0	0	0
Expenditure	1 793 000	1 234 000	692 000	684 000
Operating Profit	300 000	397 000	164 000	170 000
Financial Income	0	0	0	0
Financial Costs	48 000	47 000	22 000	28 000
Financial Balance	−48 000	−47 000	−22 000	−28 000
Dividends	300 000	919 000	100 000	0
Net Income	190 000	273 000	110 000	110 000

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	63 000
Fixtures	292 000	384 000	494 000	0
Total Tangible Assets	292 000	384 000	494 000	63 000
Total Fiancial Fixed Assets	0	0	0	112 000
Total Fixed Assets	292 000	384 000	494 000	175 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	216 000	228 000	104 000	42 000
Total Current Assets	234 000	490 000	134 000	42 000
Total Assets	526 000	874 000	628 000	217 000
Total Equity	−502 000	−392 000	255 000	245 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	664 000	729 000	850 000	80 000
Creditors	28 000	−5 000	0	0
Unpaid Taxes	130 000	378 000	156 000	340 000
Dividends	300 000	919 000	100 000	0
Other Current Debt	131 000	76 000	−733 000	−566 000
Total Current Debt	364 000	537 000	−476 000	−107 000
Total Equity and Debt	526 000	874 000	628 000	217 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−37,85 %	−69,64 %	43,14 %	44,9 %
Debt-to-Equity Ratio	−1,32	−1,86	3,33	0,33
Operating Profit Margin	14,33 %	24,34 %	19,16 %	19,91 %
Current Ratio	0,64	0,91	−0,28	−0,39
Quick Ratio	0,64	0,91	−0,28	−0,39
Equity Ratio	−0,95	−0,45	0,41	1,13
Gross Profit Margin	100 %	93,75 %	85,63 %	100 %