AKKA SYSTEMS AS

2256 GRUE FINNSKOG

Finances

Share Ownership

Return on Equity

5,52 %

Current Ratio

1,4

Debt-to-Equity Ratio

0,98

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 043 000	812 000	684 000	135 000
Net Income	9 000	99 000	50 000	−1 000
Total Assets	1 128 000	679 000	132 000	47 000
Total Equity	163 000	154 000	54 000	5 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 043 000	812 000	684 000	135 000
Expenditure	2 032 000	684 000	627 000	137 000
Operating Profit	10 000	127 000	57 000	−1 000
Financial Income	1 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	1 000	0	0	0
Earnings Before Tax	11 000	128 000	57 000	−1 000
Tax	3 000	28 000	8 000	0
Net Income	9 000	99 000	50 000	−1 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	1 128 000	679 000	132 000	47 000
Total Assets	1 128 000	679 000	132 000	47 000
Total Retained Equity	133 000	124 000	24 000	−25 000
Total Equity	163 000	154 000	54 000	5 000
Total Long-Term Debt	160 000	80 000	0	0
Total Current Debt	805 000	445 000	77 000	43 000
Total Equity and Debt	1 128 000	679 000	132 000	47 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 043 000	812 000	682 000	134 000
Other Income	0	0	1 000	2 000
Revenue	2 043 000	812 000	684 000	135 000
Cost of Goods Sold	1 581 000	624 000	564 000	129 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 032 000	684 000	627 000	137 000
Operating Profit	10 000	127 000	57 000	−1 000
Financial Income	1 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	1 000	0	0	0
Dividends	0	0	0	0
Net Income	9 000	99 000	50 000	−1 000

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	390 000	175 000	126 000	2 000
Total Current Assets	1 128 000	679 000	132 000	47 000
Total Assets	1 128 000	679 000	132 000	47 000
Total Equity	163 000	154 000	54 000	5 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	160 000	80 000	0	0
Creditors	772 000	287 000	64 000	38 000
Unpaid Taxes	10 000	103 000	6 000	0
Dividends	0	0	0	0
Other Current Debt	20 000	28 000	1 000	5 000
Total Current Debt	805 000	445 000	77 000	43 000
Total Equity and Debt	1 128 000	679 000	132 000	47 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,52 %	64,29 %	92,59 %	−20 %
Debt-to-Equity Ratio	0,98	0,52	0	0
Operating Profit Margin	0,49 %	15,64 %	8,33 %	−0,74 %
Current Ratio	1,4	1,53	1,71	1,09
Quick Ratio	1,4	1,53	1,71	1,09
Equity Ratio	0,14	0,23	0,41	0,11
Gross Profit Margin	22,61 %	23,15 %	17,54 %	4,44 %