ACE AQUATEC AS

0250 OSLO

Finances

Share Ownership

Return on Equity

37,11 %

Current Ratio

0,03

Debt-to-Equity Ratio

−0,03

Key figures (NOK)	2022	2021	2020
Revenue	830 000	202 000	0
Net Income	−2 004 000	−2 716 000	−710 000
Total Assets	468 000	683 000	20 000
Total Equity	−5 400 000	−3 396 000	−680 000

Income (NOK)	2022	2021	2020
Revenue	830 000	202 000	0
Expenditure	2 833 000	2 916 000	711 000
Operating Profit	−2 004 000	−2 714 000	−710 000
Financial Income	0	0	0
Financial Costs	0	2 000	0
Financial Balance	0	−2 000	0
Earnings Before Tax	−2 004 000	−2 716 000	−710 000
Tax	0	0	0
Net Income	−2 004 000	−2 716 000	−710 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	281 000	313 000	20 000
Total Current Assets	186 000	370 000	0
Total Assets	468 000	683 000	20 000
Total Retained Equity	−5 430 000	−3 426 000	−710 000
Total Equity	−5 400 000	−3 396 000	−680 000
Total Long-Term Debt	138 000	59 000	0
Total Current Debt	5 729 000	4 021 000	701 000
Total Equity and Debt	468 000	683 000	20 000

Cash flow (NOK)	2022	2021	2020
Sales Income	830 000	202 000	0
Other Income	0	0	0
Revenue	830 000	202 000	0
Cost of Goods Sold	119 000	0	0
Salary Costs	1 858 000	1 781 000	650 000
Depreciation	0	9 000	9 000
Impairment	0	0	0
Expenditure	2 833 000	2 916 000	711 000
Operating Profit	−2 004 000	−2 714 000	−710 000
Financial Income	0	0	0
Financial Costs	0	2 000	0
Financial Balance	0	−2 000	0
Dividends	0	0	0
Net Income	−2 004 000	−2 716 000	−710 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	281 000	313 000	0
Fixtures	0	0	20 000
Total Tangible Assets	281 000	313 000	20 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	281 000	313 000	20 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	112 000	193 000	0
Total Current Assets	186 000	370 000	0
Total Assets	468 000	683 000	20 000
Total Equity	−5 400 000	−3 396 000	−680 000
Short-Term Group Debt	5 514 000	3 685 000	383 000
Total Long-Term Debt	138 000	59 000	0
Creditors	34 000	43 000	0
Unpaid Taxes	81 000	143 000	263 000
Dividends	0	0	0
Other Current Debt	101 000	149 000	55 000
Total Current Debt	5 729 000	4 021 000	701 000
Total Equity and Debt	468 000	683 000	20 000

Financial indicators	2022	2021	2020
Return on Equity	37,11 %	79,98 %	104,41 %
Debt-to-Equity Ratio	−0,03	−0,02	−0
Operating Profit Margin	−241,45 %	−1 343,56 %	-
Current Ratio	0,03	0,09	0
Quick Ratio	0,03	0,09	0
Equity Ratio	−11,54	−4,97	−34
Gross Profit Margin	85,66 %	100 %	-