ÅDNEGARD AS

3570 ÅL

Finances

Share Ownership

Return on Equity

−66,3 %

Current Ratio

0,81

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 540 000	1 784 000	2 474 000	2 168 000
Net Income	−183 000	−56 000	460 000	−9 000
Total Assets	1 129 000	1 507 000	1 319 000	1 353 000
Total Equity	276 000	459 000	515 000	55 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 540 000	1 784 000	2 474 000	2 168 000
Expenditure	1 722 000	1 855 000	2 001 000	2 193 000
Operating Profit	−182 000	−72 000	474 000	−25 000
Financial Income	0	3 000	4 000	18 000
Financial Costs	1 000	1 000	4 000	2 000
Financial Balance	−1 000	2 000	0	16 000
Earnings Before Tax	−183 000	−69 000	474 000	−9 000
Tax	0	−14 000	14 000	0
Net Income	−183 000	−56 000	460 000	−9 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	440 000	550 000	0	1 000
Total Current Assets	689 000	957 000	1 319 000	1 352 000
Total Assets	1 129 000	1 507 000	1 319 000	1 353 000
Total Retained Equity	246 000	429 000	485 000	25 000
Total Equity	276 000	459 000	515 000	55 000
Total Long-Term Debt	0	0	14 000	0
Total Current Debt	853 000	1 048 000	790 000	1 299 000
Total Equity and Debt	1 129 000	1 507 000	1 319 000	1 353 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 540 000	1 784 000	2 275 000	2 168 000
Other Income	0	0	199 000	0
Revenue	1 540 000	1 784 000	2 474 000	2 168 000
Cost of Goods Sold	736 000	983 000	1 230 000	1 418 000
Salary Costs	689 000	685 000	557 000	576 000
Depreciation	110 000	0	1 000	3 000
Impairment	0	0	0	0
Expenditure	1 722 000	1 855 000	2 001 000	2 193 000
Operating Profit	−182 000	−72 000	474 000	−25 000
Financial Income	0	3 000	4 000	18 000
Financial Costs	1 000	1 000	4 000	2 000
Financial Balance	−1 000	2 000	0	16 000
Dividends	0	0	0	0
Net Income	−183 000	−56 000	460 000	−9 000

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	0
Fixtures	440 000	550 000	0	1 000
Total Tangible Assets	440 000	550 000	0	1 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	440 000	550 000	0	1 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	286 000	374 000	196 000	98 000
Total Current Assets	689 000	957 000	1 319 000	1 352 000
Total Assets	1 129 000	1 507 000	1 319 000	1 353 000
Total Equity	276 000	459 000	515 000	55 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	14 000	0
Creditors	283 000	608 000	198 000	535 000
Unpaid Taxes	115 000	145 000	159 000	264 000
Dividends	0	0	0	0
Other Current Debt	455 000	296 000	434 000	500 000
Total Current Debt	853 000	1 048 000	790 000	1 299 000
Total Equity and Debt	1 129 000	1 507 000	1 319 000	1 353 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−66,3 %	−12,2 %	89,32 %	−16,36 %
Debt-to-Equity Ratio	0	0	0,03	0
Operating Profit Margin	−11,82 %	−4,04 %	19,16 %	−1,15 %
Current Ratio	0,81	0,91	1,67	1,04
Quick Ratio	0,81	0,91	1,67	1,04
Equity Ratio	0,24	0,3	0,39	0,04
Gross Profit Margin	52,21 %	44,9 %	50,28 %	34,59 %