ANCE AS

6823 SANDANE

Finances

Share Ownership

Return on Equity

22,63 %

Current Ratio

1,68

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 439 000	3 775 000	2 522 000	113 000
Net Income	329 000	484 000	157 000	39 000
Total Assets	3 163 000	1 809 000	1 220 000	500 000
Total Equity	1 454 000	975 000	491 000	333 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 439 000	3 775 000	2 522 000	113 000
Expenditure	5 000 000	3 154 000	2 320 000	64 000
Operating Profit	439 000	621 000	202 000	48 000
Financial Income	1 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	1 000	0	0	0
Earnings Before Tax	439 000	621 000	202 000	48 000
Tax	110 000	137 000	45 000	9 000
Net Income	329 000	484 000	157 000	39 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	295 000	271 000	239 000	122 000
Total Current Assets	2 868 000	1 539 000	981 000	378 000
Total Assets	3 163 000	1 809 000	1 220 000	500 000
Total Retained Equity	1 004 000	675 000	191 000	33 000
Total Equity	1 454 000	975 000	491 000	333 000
Total Long-Term Debt	0	0	7 000	6 000
Total Current Debt	1 710 000	834 000	723 000	160 000
Total Equity and Debt	3 163 000	1 809 000	1 220 000	500 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 439 000	3 775 000	2 522 000	113 000
Other Income	0	0	0	0
Revenue	5 439 000	3 775 000	2 522 000	113 000
Cost of Goods Sold	141 000	73 000	23 000	0
Salary Costs	3 719 000	2 302 000	1 737 000	0
Depreciation	75 000	69 000	35 000	3 000
Impairment	0	0	0	0
Expenditure	5 000 000	3 154 000	2 320 000	64 000
Operating Profit	439 000	621 000	202 000	48 000
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	329 000	484 000	157 000	39 000

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	265 000	271 000	239 000	122 000
Total Tangible Assets	265 000	271 000	239 000	122 000
Total Fiancial Fixed Assets	30 000	0	0	0
Total Fixed Assets	295 000	271 000	239 000	122 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 026 000	1 100 000	663 000	212 000
Total Current Assets	2 868 000	1 539 000	981 000	378 000
Total Assets	3 163 000	1 809 000	1 220 000	500 000
Total Equity	1 454 000	975 000	491 000	333 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	7 000	6 000
Creditors	65 000	54 000	133 000	148 000
Unpaid Taxes	639 000	380 000	247 000	0
Dividends	0	0	0	0
Other Current Debt	894 000	258 000	298 000	9 000
Total Current Debt	1 710 000	834 000	723 000	160 000
Total Equity and Debt	3 163 000	1 809 000	1 220 000	500 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,63 %	49,64 %	31,98 %	11,71 %
Debt-to-Equity Ratio	0	0	0,01	0,02
Operating Profit Margin	8,07 %	16,45 %	8,01 %	42,48 %
Current Ratio	1,68	1,85	1,36	2,36
Quick Ratio	1,68	1,85	1,36	2,36
Equity Ratio	0,46	0,54	0,4	0,67
Gross Profit Margin	97,41 %	98,07 %	99,09 %	100 %