Adive AS

ASDissolved

Org 922048215Bjønndalsveien 4, 1481 HaganBedriftsrådgivning og annen administrativ rådgivning· NACE 70220Est. 2018 · 7 years old0 employees

Overview

Adive AS is a Norwegian AS based in Hagan, operating in the Bedriftsrådgivning og annen administrativ rådgivning sector. Incorporated in 2018, the company has 0 employees and reported revenue of NOK 3.3m in its latest annual filing.

Revenue 2023

3.3M NOK

EBITDA margin

90.0 %

+28164% vs 2022

Net profit 2023

2M NOK

+215% vs 2022

Key ratios

See full ratios →

16.1 %

Weak

Among the 30% lowest rated companies in the industry

20192023

2.6×

Strong

Among the 40% highest rated companies in the industry

20192023

117.2 %

Very strong

Among the 10% highest rated companies in the industry

20192023

EBITDA — year on year

NOK thousands

Key figures

Annual report 2023

Revenue	3.3M NOK	—
EBITDA	3M NOK	+28164%
Net profit	2M NOK	+215%
Total assets	1.7M NOK	+56269%
Equity	0.3M NOK	+116%
Employees	0	—

Financial development

In its most recent annual report (2023), Adive AS reported revenue of NOK 3.3m. The figures on this page draw on 5 annual filings covering 2019 to 2023. The bottom line showed a net profit of NOK 2.0m, and the EBITDA margin stood at 90%.

At the end of 2023, equity financed 16.1% of the balance sheet, and current assets covered short-term debt 2.6 times.

Financials

Revenue

NOK thousands

EBITDA

NOK thousands

Income statement

NOK thousands

Item	2023	2022	2021	2020	2019
Revenue	3,291	0	0	0	0
Staff expenses	-57	-0	-0	-0	-0
EBITDA	2,963	-11	-16	-18	-6
Depreciation & amort.	-0	-0	-0	-0	-0
EBIT	2,963	-11	-16	-18	-6
Net financials	-274	-1,765	-7	-32	-13
Profit before tax	2,689	-1,775	-23	-51	-19
Tax	640	-0	-0	-0	-0
Net profit	2,049	-1,775	-23	-51	-19

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Balance sheet

NOK thousands

Item	2023	2022	2021	2020	2019
Total assets	1,748	3	1,803	1,804	1,091
Equity	281	-1,768	7	30	81
Long-term debt	798	1,771	1,795	1,774	1,010
Short-term debt	669	0	0	0	0
Total debt	1,467	1,771	1,795	1,774	1,010

Financial ratios

5-year trend

EBITDA margin

90.0 %

20192023

Equity ratio

16.1 %

Weak

Among the 30% lowest rated companies in the industry

20192023

Return on equity

729.0 %

Very strong

Among the 10% highest rated companies in the industry

20192023

Net profit margin

62.3 %

Very strong

Among the 20% highest rated companies in the industry

20192023

Asset turnover

1.88×

Strong

Among the 30% highest rated companies in the industry

20192023

Debt / equity

5.22×

Very weak

Among the 20% lowest rated companies in the industry

20192023

Sector performance

26 of 28 ratios graded

28 financial ratios from the latest filing, each graded against companies in the same industry.

Profitability

Gross marginAverage

Around the average of companies in the same industry

The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.

Operating marginVery strong

Among the 10% highest rated companies in the industry

EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.

Net profit marginVery strong

Among the 20% highest rated companies in the industry

The profit for the year as a share of revenue — the company's ability to turn revenue into profit.

Return on equity (ROE)Very strong

Among the 10% highest rated companies in the industry

Net profit as a percentage of equity — the return the owners earned on their invested capital this year.

Return on assets (ROA)Very strong

Among the 10% highest rated companies in the industry

Net profit as a percentage of total assets — the return generated on the capital employed.

Return on net assets (RONA)Very strong

Among the 10% highest rated companies in the industry

Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.

Basic earning power (BEP)Very strong

Among the 10% highest rated companies in the industry

EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.

Capacity ratioVery strong

Among the 10% highest rated companies in the industry

Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.

Liquidity

Current ratioStrong

Among the 40% highest rated companies in the industry

Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.

Quick ratioStrong

Among the 40% highest rated companies in the industry

Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.

Cash ratioVery weak

Among the 20% lowest rated companies in the industry

Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.

Current assets to equityVery weak

Among the 10% lowest rated companies in the industry

Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.

Fixed assets to long-term capitalVery strong

Among the 10% highest rated companies in the industry

Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.

Cash conversion ratioVery strong

Among the 20% highest rated companies in the industry

Cash flow relative to profit — the ability to convert reported profits into accessible cash.

Debt & solvency

Solidity ratioWeak

Among the 30% lowest rated companies in the industry

Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.

Debt ratioWeak

Among the 30% lowest rated companies in the industry

Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.

Debt to equityVery weak

Among the 20% lowest rated companies in the industry

Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.

Liabilities to equityVery weak

Among the 20% lowest rated companies in the industry

Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.

Income to debtVery strong

Among the 20% highest rated companies in the industry

Profit relative to debt — the ability to create earnings while operating with debt.

EBITDA to debtVery strong

Among the 10% highest rated companies in the industry

EBITDA relative to debt — how much operating earnings are available to service the debt.

Interest coverageStrong

Among the 40% highest rated companies in the industry

The ability to pay the interest on the company's debt out of its earnings.

Interest rate on debtVery weak

Among the 10% lowest rated companies in the industry

Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.

Interest marginVery strong

Among the 10% highest rated companies in the industry

The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.

Efficiency & development

Asset turnoverStrong

Among the 30% highest rated companies in the industry

Revenue relative to total assets — the ability to generate revenue from the asset base.

Equity to contributed capitalAverage

Around the average of companies in the same industry

Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.

One-year change in debtStrong

Among the 30% highest rated companies in the industry

The size of this year's increase or decrease in the company's debt.

Inventory turnoverNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.

One-year change in equityNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The size of this year's increase or decrease in the company's equity.

Annual reports & filings

Annual report 2023
Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
View PDF
Annual report 2022
Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
View PDF
Annual report 2021
Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
View PDF
Annual report 2020
Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
View PDF
Annual report 2019
Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
View PDF

People & ownership

Management

Actively employed in the business

No data on file.

Board of directors

Non-executive oversight

Name	Role	Member since
Current (1)
JT Jan Taug Chairman	Chairman	2019

Shareholders

Active legal owners

No shareholder data available.

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Related companies

Company hierarchy

No registered parent or subsidiaries

Board network connections

Board members of Adive AS also hold positions in 6 other companies.

Person	Role here	Other companies
Jan Taug	Chairman	6 companiesMany roles

Frequently asked questions

What is the Org number of Adive AS?

Adive AS is registered with Brønnøysundsregistrene under Org 922048215.

What is the revenue of Adive AS?

Adive AS reported revenue of NOK 3.3m in 2023.

Who is the chairman of Adive AS?

Jan Taug chairs the board of Adive AS, in role since 2019.

Where is Adive AS headquartered?

Adive AS's registered address is Bjønndalsveien 4.