ACCENDO INVESTMENT MANAGEMENT AS

1162 OSLO

Finances

Return on Equity

95,01 %

Current Ratio

2,03

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 687 000	1 272 000	550 000	550 000
Net Income	400 000	−2 000	−7 000	72 000
Total Assets	807 000	233 000	62 000	515 000
Total Equity	421 000	22 000	23 000	116 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 687 000	1 272 000	550 000	550 000
Expenditure	1 185 000	1 274 000	556 000	466 000
Operating Profit	502 000	−2 000	−6 000	84 000
Financial Income	4 000	0	4 000	0
Financial Costs	15 000	0	4 000	12 000
Financial Balance	−11 000	0	0	−12 000
Earnings Before Tax	491 000	−2 000	−7 000	72 000
Tax	91 000	0	0	0
Net Income	400 000	−2 000	−7 000	72 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	26 000	8 000	0	0
Total Current Assets	781 000	225 000	62 000	515 000
Total Assets	807 000	233 000	62 000	515 000
Total Retained Equity	391 000	−8 000	−7 000	86 000
Total Equity	421 000	22 000	23 000	116 000
Total Long-Term Debt	1 000	0	0	0
Total Current Debt	385 000	211 000	39 000	399 000
Total Equity and Debt	807 000	233 000	62 000	515 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 687 000	1 272 000	550 000	550 000
Other Income	0	0	0	0
Revenue	1 687 000	1 272 000	550 000	550 000
Cost of Goods Sold	0	0	3 000	0
Salary Costs	1 053 000	1 198 000	457 000	367 000
Depreciation	1 000	0	0	0
Impairment	0	0	0	0
Expenditure	1 185 000	1 274 000	556 000	466 000
Operating Profit	502 000	−2 000	−6 000	84 000
Financial Income	4 000	0	4 000	0
Financial Costs	15 000	0	4 000	12 000
Financial Balance	−11 000	0	0	−12 000
Dividends	0	0	0	0
Net Income	400 000	−2 000	−7 000	72 000

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	16 000	0	0	0
Total Tangible Assets	16 000	0	0	0
Total Fiancial Fixed Assets	10 000	8 000	0	0
Total Fixed Assets	26 000	8 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	596 000	225 000	55 000	510 000
Total Current Assets	781 000	225 000	62 000	515 000
Total Assets	807 000	233 000	62 000	515 000
Total Equity	421 000	22 000	23 000	116 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	0	0	0
Creditors	1 000	1 000	1 000	60 000
Unpaid Taxes	195 000	88 000	18 000	279 000
Dividends	0	0	0	0
Other Current Debt	99 000	122 000	19 000	60 000
Total Current Debt	385 000	211 000	39 000	399 000
Total Equity and Debt	807 000	233 000	62 000	515 000

Financial indicators	2022	2021	2020	2019
Return on Equity	95,01 %	−9,09 %	−30,43 %	62,07 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	29,76 %	−0,16 %	−1,09 %	15,27 %
Current Ratio	2,03	1,07	1,59	1,29
Quick Ratio	2,03	1,07	1,59	1,29
Equity Ratio	0,52	0,09	0,37	0,23
Gross Profit Margin	100 %	100 %	99,45 %	100 %