ACE NORWAY AS

0250 OSLO

Finances

Share Ownership

Return on Equity

−163,73 %

Current Ratio

0,05

Debt-to-Equity Ratio

1,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	18 172 000	5 933 000	3 868 000	3 410 000
Net Income	−15 803 000	3 691 000	2 107 000	1 623 000
Total Assets	196 144 000	182 535 000	22 623 000	27 995 000
Total Equity	9 652 000	25 455 000	21 764 000	19 658 000

Income (NOK)	2022	2021	2020	2019
Revenue	18 172 000	5 933 000	3 868 000	3 410 000
Expenditure	16 289 000	3 166 000	1 759 000	1 721 000
Operating Profit	1 883 000	2 767 000	2 109 000	1 689 000
Financial Income	1 889 000	2 461 000	766 000	390 000
Financial Costs	19 575 000	639 000	174 000	59 000
Financial Balance	−17 686 000	1 822 000	592 000	331 000
Earnings Before Tax	−15 803 000	4 589 000	2 701 000	2 020 000
Tax	0	898 000	594 000	397 000
Net Income	−15 803 000	3 691 000	2 107 000	1 623 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	188 143 000	168 097 000	12 841 000	14 328 000
Total Current Assets	8 001 000	14 438 000	9 782 000	13 667 000
Total Assets	196 144 000	182 535 000	22 623 000	27 995 000
Total Retained Equity	−6 678 000	9 125 000	5 434 000	3 328 000
Total Equity	9 652 000	25 455 000	21 764 000	19 658 000
Total Long-Term Debt	10 765 000	0	0	0
Total Current Debt	175 727 000	157 080 000	858 000	8 337 000
Total Equity and Debt	196 144 000	182 535 000	22 623 000	27 995 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	18 172 000	5 933 000	3 868 000	3 410 000
Other Income	0	0	0	0
Revenue	18 172 000	5 933 000	3 868 000	3 410 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	9 973 000	1 487 000	1 487 000	1 487 000
Impairment	0	0	0	0
Expenditure	16 289 000	3 166 000	1 759 000	1 721 000
Operating Profit	1 883 000	2 767 000	2 109 000	1 689 000
Financial Income	1 889 000	2 461 000	766 000	390 000
Financial Costs	19 575 000	639 000	174 000	59 000
Financial Balance	−17 686 000	1 822 000	592 000	331 000
Dividends	0	0	0	0
Net Income	−15 803 000	3 691 000	2 107 000	1 623 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	157 783 000	167 756 000	12 642 000	14 129 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	424 000	341 000	199 000	199 000
Total Tangible Assets	424 000	341 000	199 000	199 000
Total Fiancial Fixed Assets	29 936 000	0	0	0
Total Fixed Assets	188 143 000	168 097 000	12 841 000	14 328 000
Stock	0	0	0	0
Total Investments	7 045 000	4 468 000	4 022 000	1 417 000
Cash, Bank	716 000	9 971 000	5 760 000	11 827 000
Total Current Assets	8 001 000	14 438 000	9 782 000	13 667 000
Total Assets	196 144 000	182 535 000	22 623 000	27 995 000
Total Equity	9 652 000	25 455 000	21 764 000	19 658 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 765 000	0	0	0
Creditors	1 257 000	−44 000	0	7 844 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	174 470 000	156 226 000	0	0
Total Current Debt	175 727 000	157 080 000	858 000	8 337 000
Total Equity and Debt	196 144 000	182 535 000	22 623 000	27 995 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−163,73 %	14,5 %	9,68 %	8,26 %
Debt-to-Equity Ratio	1,12	0	0	0
Operating Profit Margin	10,36 %	46,64 %	54,52 %	49,53 %
Current Ratio	0,05	0,09	11,4	1,64
Quick Ratio	0,05	0,09	11,4	1,64
Equity Ratio	0,05	0,14	0,96	0,7
Gross Profit Margin	100 %	100 %	100 %	100 %