ACCORD INDUSTRIES AS

3050 MJØNDALEN

Finances

Share Ownership

Return on Equity

64,75 %

Current Ratio

2,12

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	30 315 000	18 524 000	11 524 000	11 003 000
Net Income	2 235 000	885 000	43 000	130 000
Total Assets	6 523 000	3 856 000	2 612 000	1 162 000
Total Equity	3 452 000	1 217 000	332 000	288 000

Income (NOK)	2022	2021	2020	2019
Revenue	30 315 000	18 524 000	11 524 000	11 003 000
Expenditure	27 531 000	17 366 000	11 132 000	10 838 000
Operating Profit	2 784 000	1 158 000	392 000	165 000
Financial Income	491 000	273 000	222 000	69 000
Financial Costs	363 000	295 000	391 000	66 000
Financial Balance	128 000	−22 000	−169 000	3 000
Earnings Before Tax	2 911 000	1 136 000	223 000	168 000
Tax	676 000	251 000	180 000	38 000
Net Income	2 235 000	885 000	43 000	130 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	6 523 000	3 856 000	2 612 000	1 162 000
Total Assets	6 523 000	3 856 000	2 612 000	1 162 000
Total Retained Equity	3 352 000	1 117 000	232 000	188 000
Total Equity	3 452 000	1 217 000	332 000	288 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 071 000	2 640 000	2 280 000	873 000
Total Equity and Debt	6 523 000	3 856 000	2 612 000	1 162 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	30 315 000	18 524 000	11 524 000	11 003 000
Other Income	0	0	0	0
Revenue	30 315 000	18 524 000	11 524 000	11 003 000
Cost of Goods Sold	23 339 000	15 000 000	9 069 000	8 788 000
Salary Costs	1 825 000	1 551 000	1 080 000	982 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	27 531 000	17 366 000	11 132 000	10 838 000
Operating Profit	2 784 000	1 158 000	392 000	165 000
Financial Income	491 000	273 000	222 000	69 000
Financial Costs	363 000	295 000	391 000	66 000
Financial Balance	128 000	−22 000	−169 000	3 000
Dividends	0	0	0	0
Net Income	2 235 000	885 000	43 000	130 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 234 000	1 567 000	1 073 000	1 142 000
Total Current Assets	6 523 000	3 856 000	2 612 000	1 162 000
Total Assets	6 523 000	3 856 000	2 612 000	1 162 000
Total Equity	3 452 000	1 217 000	332 000	288 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	327 000	11 000	794 000	48 000
Unpaid Taxes	769 000	1 650 000	623 000	427 000
Dividends	0	0	0	0
Other Current Debt	1 300 000	728 000	683 000	360 000
Total Current Debt	3 071 000	2 640 000	2 280 000	873 000
Total Equity and Debt	6 523 000	3 856 000	2 612 000	1 162 000

Financial indicators	2022	2021	2020	2019
Return on Equity	64,75 %	72,72 %	12,95 %	45,14 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	9,18 %	6,25 %	3,4 %	1,5 %
Current Ratio	2,12	1,46	1,15	1,33
Quick Ratio	2,12	1,46	1,15	1,33
Equity Ratio	0,53	0,32	0,13	0,25
Gross Profit Margin	23,01 %	19,02 %	21,3 %	20,13 %