ADEKO AS

1337 SANDVIKA

Finances

Return on Equity

5,33 %

Current Ratio

2,1

Debt-to-Equity Ratio

0,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 405 000	4 200 000	6 176 000	7 205 000
Net Income	136 000	82 000	404 000	−435 000
Total Assets	4 279 000	5 530 000	3 546 000	2 135 000
Total Equity	2 550 000	2 414 000	2 332 000	1 927 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 405 000	4 200 000	6 176 000	7 205 000
Expenditure	6 829 000	4 175 000	5 773 000	7 641 000
Operating Profit	−423 000	25 000	402 000	−435 000
Financial Income	600 000	101 000	0	1 000
Financial Costs	41 000	31 000	1 000	0
Financial Balance	559 000	70 000	−1 000	1 000
Earnings Before Tax	136 000	95 000	402 000	−435 000
Tax	0	13 000	−3 000	0
Net Income	136 000	82 000	404 000	−435 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 800 000	1 800 000	1 553 000	110 000
Total Current Assets	2 479 000	3 730 000	1 993 000	2 025 000
Total Assets	4 279 000	5 530 000	3 546 000	2 135 000
Total Retained Equity	2 520 000	2 384 000	2 302 000	1 897 000
Total Equity	2 550 000	2 414 000	2 332 000	1 927 000
Total Long-Term Debt	548 000	1 191 000	0	0
Total Current Debt	1 181 000	1 926 000	1 214 000	208 000
Total Equity and Debt	4 279 000	5 530 000	3 546 000	2 135 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 009 000	4 200 000	6 166 000	7 194 000
Other Income	396 000	0	10 000	11 000
Revenue	6 405 000	4 200 000	6 176 000	7 205 000
Cost of Goods Sold	6 139 000	3 962 000	5 040 000	6 520 000
Salary Costs	413 000	4 000	438 000	407 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	6 829 000	4 175 000	5 773 000	7 641 000
Operating Profit	−423 000	25 000	402 000	−435 000
Financial Income	600 000	101 000	0	1 000
Financial Costs	41 000	31 000	1 000	0
Financial Balance	559 000	70 000	−1 000	1 000
Dividends	0	0	0	0
Net Income	136 000	82 000	404 000	−435 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	13 000	10 000
Real Eastate	1 800 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 800 000	0	0	0
Total Fiancial Fixed Assets	0	1 800 000	1 540 000	100 000
Total Fixed Assets	1 800 000	1 800 000	1 553 000	110 000
Stock	1 729 000	3 507 000	1 518 000	402 000
Total Investments	0	0	0	0
Cash, Bank	477 000	31 000	221 000	1 217 000
Total Current Assets	2 479 000	3 730 000	1 993 000	2 025 000
Total Assets	4 279 000	5 530 000	3 546 000	2 135 000
Total Equity	2 550 000	2 414 000	2 332 000	1 927 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	548 000	1 191 000	0	0
Creditors	750 000	1 737 000	902 000	56 000
Unpaid Taxes	214 000	5 000	123 000	98 000
Dividends	0	0	0	0
Other Current Debt	217 000	184 000	190 000	53 000
Total Current Debt	1 181 000	1 926 000	1 214 000	208 000
Total Equity and Debt	4 279 000	5 530 000	3 546 000	2 135 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,33 %	3,4 %	17,32 %	−22,57 %
Debt-to-Equity Ratio	0,21	0,49	0	0
Operating Profit Margin	−6,6 %	0,6 %	6,51 %	−6,04 %
Current Ratio	2,1	1,94	1,64	9,74
Quick Ratio	−4,52	−2,36	−6,56	−10,44
Equity Ratio	0,6	0,44	0,66	0,9
Gross Profit Margin	4,15 %	5,67 %	18,39 %	9,51 %