OACE AS

9740 LEBESBY

Finances

Return on Equity

43,29 %

Current Ratio

0,79

Debt-to-Equity Ratio

1,24

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 115 000	2 608 000	1 403 000	324 000
Net Income	213 000	1 000	35 000	339 000
Total Assets	2 441 000	1 645 000	786 000	472 000
Total Equity	492 000	439 000	438 000	403 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 115 000	2 608 000	1 403 000	324 000
Expenditure	2 787 000	2 582 000	1 358 000	16 000
Operating Profit	328 000	25 000	45 000	308 000
Financial Income	0	0	0	99 000
Financial Costs	48 000	23 000	1 000	0
Financial Balance	−48 000	−23 000	−1 000	99 000
Earnings Before Tax	279 000	2 000	44 000	406 000
Tax	66 000	1 000	10 000	68 000
Net Income	213 000	1 000	35 000	339 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 381 000	983 000	401 000	456 000
Total Current Assets	1 060 000	662 000	385 000	16 000
Total Assets	2 441 000	1 645 000	786 000	472 000
Total Retained Equity	462 000	409 000	408 000	373 000
Total Equity	492 000	439 000	438 000	403 000
Total Long-Term Debt	610 000	523 000	0	0
Total Current Debt	1 339 000	684 000	348 000	69 000
Total Equity and Debt	2 441 000	1 645 000	786 000	472 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 115 000	2 620 000	1 403 000	324 000
Other Income	0	−13 000	0	0
Revenue	3 115 000	2 608 000	1 403 000	324 000
Cost of Goods Sold	1 343 000	1 673 000	434 000	0
Salary Costs	461 000	−43 000	426 000	0
Depreciation	132 000	66 000	0	0
Impairment	0	0	0	0
Expenditure	2 787 000	2 582 000	1 358 000	16 000
Operating Profit	328 000	25 000	45 000	308 000
Financial Income	0	0	0	99 000
Financial Costs	48 000	23 000	1 000	0
Financial Balance	−48 000	−23 000	−1 000	99 000
Dividends	0	0	0	100 000
Net Income	213 000	1 000	35 000	339 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	1 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	581 000	583 000	0	0
Total Tangible Assets	581 000	583 000	0	0
Total Fiancial Fixed Assets	800 000	400 000	400 000	456 000
Total Fixed Assets	1 381 000	983 000	401 000	456 000
Stock	43 000	142 000	351 000	0
Total Investments	0	0	0	0
Cash, Bank	56 000	45 000	36 000	16 000
Total Current Assets	1 060 000	662 000	385 000	16 000
Total Assets	2 441 000	1 645 000	786 000	472 000
Total Equity	492 000	439 000	438 000	403 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	610 000	523 000	0	0
Creditors	27 000	30 000	62 000	1 000
Unpaid Taxes	76 000	0	0	0
Dividends	0	0	0	100 000
Other Current Debt	1 236 000	654 000	275 000	0
Total Current Debt	1 339 000	684 000	348 000	69 000
Total Equity and Debt	2 441 000	1 645 000	786 000	472 000

Financial indicators	2022	2021	2020	2019
Return on Equity	43,29 %	0,23 %	7,99 %	84,12 %
Debt-to-Equity Ratio	1,24	1,19	0	0
Operating Profit Margin	10,53 %	0,96 %	3,21 %	95,06 %
Current Ratio	0,79	0,97	1,11	0,23
Quick Ratio	0,82	1,22	−128,33	0,23
Equity Ratio	0,2	0,27	0,56	0,85
Gross Profit Margin	56,89 %	35,85 %	69,07 %	100 %