ACE AGENCY AS

1395 HVALSTAD

Finances

Share Ownership

Return on Equity

−4,9 %

Current Ratio

1,96

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 065 000	884 000	259 000	275 000
Net Income	−7 000	46 000	0	66 000
Total Assets	269 000	269 000	121 000	118 000
Total Equity	143 000	150 000	104 000	103 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 065 000	884 000	259 000	275 000
Expenditure	1 072 000	822 000	257 000	186 000
Operating Profit	−7 000	62 000	2 000	89 000
Financial Income	0	0	0	0
Financial Costs	2 000	3 000	1 000	5 000
Financial Balance	−2 000	−3 000	−1 000	−5 000
Earnings Before Tax	−9 000	59 000	1 000	84 000
Tax	−2 000	13 000	0	19 000
Net Income	−7 000	46 000	0	66 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	22 000	20 000	13 000	13 000
Total Current Assets	247 000	249 000	108 000	105 000
Total Assets	269 000	269 000	121 000	118 000
Total Retained Equity	−7 000	0	−46 000	−47 000
Total Equity	143 000	150 000	104 000	103 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	126 000	119 000	18 000	15 000
Total Equity and Debt	269 000	269 000	121 000	118 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 065 000	884 000	259 000	275 000
Other Income	0	0	0	0
Revenue	1 065 000	884 000	259 000	275 000
Cost of Goods Sold	552 000	322 000	76 000	45 000
Salary Costs	345 000	333 000	93 000	32 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 072 000	822 000	257 000	186 000
Operating Profit	−7 000	62 000	2 000	89 000
Financial Income	0	0	0	0
Financial Costs	2 000	3 000	1 000	5 000
Financial Balance	−2 000	−3 000	−1 000	−5 000
Dividends	0	0	0	0
Net Income	−7 000	46 000	0	66 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 000	0	13 000	13 000
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	20 000	20 000	0	0
Total Fixed Assets	22 000	20 000	13 000	13 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	8 000	4 000	99 000	104 000
Total Current Assets	247 000	249 000	108 000	105 000
Total Assets	269 000	269 000	121 000	118 000
Total Equity	143 000	150 000	104 000	103 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	4 000	0	0	0
Unpaid Taxes	16 000	24 000	9 000	12 000
Dividends	0	0	0	0
Other Current Debt	107 000	95 000	8 000	3 000
Total Current Debt	126 000	119 000	18 000	15 000
Total Equity and Debt	269 000	269 000	121 000	118 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,9 %	30,67 %	0 %	64,08 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−0,66 %	7,01 %	0,77 %	32,36 %
Current Ratio	1,96	2,09	6	7
Quick Ratio	1,96	2,09	6	7
Equity Ratio	0,53	0,56	0,86	0,87
Gross Profit Margin	48,17 %	63,57 %	70,66 %	83,64 %