APACO AS

3262 LARVIK

Finances

Share Ownership

Return on Equity

11,8 %

Current Ratio

7,78

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	180 000	60 000	150 000	0
Net Income	44 000	−574 000	19 000	−6 000
Total Assets	428 000	646 000	1 177 000	24 000
Total Equity	373 000	329 000	512 000	24 000

Income (NOK)	2022	2021	2020	2019
Revenue	180 000	60 000	150 000	0
Expenditure	132 000	708 000	158 000	6 000
Operating Profit	48 000	−647 000	−8 000	−6 000
Financial Income	0	0	2 000	0
Financial Costs	0	1 000	2 000	0
Financial Balance	0	−1 000	0	0
Earnings Before Tax	48 000	−648 000	−8 000	−6 000
Tax	5 000	−74 000	−27 000	0
Net Income	44 000	−574 000	19 000	−6 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	338 000	0
Total Current Assets	428 000	646 000	840 000	24 000
Total Assets	428 000	646 000	1 177 000	24 000
Total Retained Equity	−516 000	−560 000	14 000	−6 000
Total Equity	373 000	329 000	512 000	24 000
Total Long-Term Debt	0	282 000	339 000	0
Total Current Debt	55 000	35 000	326 000	0
Total Equity and Debt	428 000	646 000	1 177 000	24 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	180 000	60 000	0	0
Other Income	0	0	150 000	0
Revenue	180 000	60 000	150 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	136 000	0
Depreciation	0	0	0	0
Impairment	0	338 000	0	0
Expenditure	132 000	708 000	158 000	6 000
Operating Profit	48 000	−647 000	−8 000	−6 000
Financial Income	0	0	2 000	0
Financial Costs	0	1 000	2 000	0
Financial Balance	0	−1 000	0	0
Dividends	0	0	0	0
Net Income	44 000	−574 000	19 000	−6 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	338 000	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	338 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	158 000	88 000	42 000	24 000
Total Current Assets	428 000	646 000	840 000	24 000
Total Assets	428 000	646 000	1 177 000	24 000
Total Equity	373 000	329 000	512 000	24 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	282 000	339 000	0
Creditors	0	23 000	0	0
Unpaid Taxes	32 000	0	40 000	0
Dividends	0	0	0	0
Other Current Debt	18 000	12 000	255 000	0
Total Current Debt	55 000	35 000	326 000	0
Total Equity and Debt	428 000	646 000	1 177 000	24 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,8 %	−174,47 %	3,71 %	−25 %
Debt-to-Equity Ratio	0	0,86	0,66	0
Operating Profit Margin	26,67 %	−1 078,33 %	−5,33 %	-
Current Ratio	7,78	18,46	2,58	-
Quick Ratio	7,78	18,46	2,58	-
Equity Ratio	0,87	0,51	0,44	1
Gross Profit Margin	100 %	100 %	100 %	-