ACEA DEVELOPMENT AS

8006 BODØ

Finances

Return on Equity

14,79 %

Current Ratio

1,72

Debt-to-Equity Ratio

−1,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 500 000	250 000	0	225 000
Net Income	−6 622 000	−28 807 000	−6 178 000	−7 248 000
Total Assets	7 042 000	7 964 000	27 076 000	26 969 000
Total Equity	−44 775 000	−38 152 000	−12 091 000	−5 913 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 500 000	250 000	0	225 000
Expenditure	6 652 000	27 979 000	5 122 000	6 593 000
Operating Profit	−5 152 000	−27 728 000	−5 123 000	−6 368 000
Financial Income	1 000	0	0	0
Financial Costs	1 471 000	1 079 000	1 056 000	881 000
Financial Balance	−1 470 000	−1 079 000	−1 056 000	−881 000
Earnings Before Tax	−6 622 000	−28 807 000	−6 178 000	−7 248 000
Tax	0	0	0	0
Net Income	−6 622 000	−28 807 000	−6 178 000	−7 248 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 125 000	5 002 000	26 981 000	23 015 000
Total Current Assets	1 917 000	2 963 000	96 000	3 954 000
Total Assets	7 042 000	7 964 000	27 076 000	26 969 000
Total Retained Equity	−46 231 000	−39 609 000	−13 548 000	−7 369 000
Total Equity	−44 775 000	−38 152 000	−12 091 000	−5 913 000
Total Long-Term Debt	50 704 000	45 727 000	38 647 000	30 804 000
Total Current Debt	1 112 000	390 000	521 000	2 078 000
Total Equity and Debt	7 042 000	7 964 000	27 076 000	26 969 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 500 000	250 000	0	225 000
Other Income	0	0	0	0
Revenue	1 500 000	250 000	0	225 000
Cost of Goods Sold	0	0	0	0
Salary Costs	3 382 000	1 584 000	1 085 000	1 095 000
Depreciation	3 000	11 000	12 000	28 000
Impairment	0	0	0	0
Expenditure	6 652 000	27 979 000	5 122 000	6 593 000
Operating Profit	−5 152 000	−27 728 000	−5 123 000	−6 368 000
Financial Income	1 000	0	0	0
Financial Costs	1 471 000	1 079 000	1 056 000	881 000
Financial Balance	−1 470 000	−1 079 000	−1 056 000	−881 000
Dividends	0	0	0	0
Net Income	−6 622 000	−28 807 000	−6 178 000	−7 248 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	46 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	79 000	2 000	13 000	24 000
Total Tangible Assets	79 000	2 000	13 000	24 000
Total Fiancial Fixed Assets	5 000 000	5 000 000	26 968 000	22 991 000
Total Fixed Assets	5 125 000	5 002 000	26 981 000	23 015 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	700 000	193 000	65 000	68 000
Total Current Assets	1 917 000	2 963 000	96 000	3 954 000
Total Assets	7 042 000	7 964 000	27 076 000	26 969 000
Total Equity	−44 775 000	−38 152 000	−12 091 000	−5 913 000
Short-Term Group Debt	0	11 000	0	371 000
Total Long-Term Debt	50 704 000	45 727 000	38 647 000	30 804 000
Creditors	460 000	49 000	256 000	304 000
Unpaid Taxes	209 000	75 000	72 000	70 000
Dividends	0	0	0	0
Other Current Debt	444 000	255 000	193 000	1 334 000
Total Current Debt	1 112 000	390 000	521 000	2 078 000
Total Equity and Debt	7 042 000	7 964 000	27 076 000	26 969 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,79 %	75,51 %	51,1 %	122,58 %
Debt-to-Equity Ratio	−1,13	−1,2	−3,2	−5,21
Operating Profit Margin	−343,47 %	−11 091,2 %	-	−2 830,22 %
Current Ratio	1,72	7,6	0,18	1,9
Quick Ratio	1,72	7,6	0,18	1,9
Equity Ratio	−6,36	−4,79	−0,45	−0,22
Gross Profit Margin	100 %	100 %	-	100 %