A.C.E FASHIONSTORE AS

0252 OSLO

Finances

Share Ownership

Return on Equity

162,32 %

Current Ratio

1,72

Debt-to-Equity Ratio

3,57

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 817 000	3 394 000	2 739 000	3 641 000
Net Income	224 000	388 000	−552 000	35 000
Total Assets	1 259 000	1 443 000	1 196 000	1 668 000
Total Equity	138 000	159 000	−229 000	323 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 817 000	3 394 000	2 739 000	3 641 000
Expenditure	4 489 000	2 961 000	2 834 000	3 548 000
Operating Profit	328 000	433 000	−502 000	113 000
Financial Income	6 000	8 000	3 000	0
Financial Costs	72 000	53 000	64 000	67 000
Financial Balance	−66 000	−45 000	−61 000	−67 000
Earnings Before Tax	262 000	388 000	−563 000	46 000
Tax	38 000	0	−11 000	11 000
Net Income	224 000	388 000	−552 000	35 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	179 000	207 000	234 000	240 000
Total Current Assets	1 080 000	1 236 000	962 000	1 429 000
Total Assets	1 259 000	1 443 000	1 196 000	1 668 000
Total Retained Equity	108 000	−116 000	−504 000	48 000
Total Equity	138 000	159 000	−229 000	323 000
Total Long-Term Debt	492 000	618 000	675 000	728 000
Total Current Debt	629 000	666 000	749 000	617 000
Total Equity and Debt	1 259 000	1 443 000	1 196 000	1 668 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 817 000	3 385 000	2 702 000	3 631 000
Other Income	0	9 000	37 000	10 000
Revenue	4 817 000	3 394 000	2 739 000	3 641 000
Cost of Goods Sold	2 902 000	1 784 000	1 870 000	2 310 000
Salary Costs	888 000	728 000	449 000	645 000
Depreciation	27 000	27 000	24 000	23 000
Impairment	0	0	0	0
Expenditure	4 489 000	2 961 000	2 834 000	3 548 000
Operating Profit	328 000	433 000	−502 000	113 000
Financial Income	6 000	8 000	3 000	0
Financial Costs	72 000	53 000	64 000	67 000
Financial Balance	−66 000	−45 000	−61 000	−67 000
Dividends	0	0	0	0
Net Income	224 000	388 000	−552 000	35 000

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	16 000	43 000	69 000	76 000
Total Tangible Assets	16 000	43 000	69 000	76 000
Total Fiancial Fixed Assets	163 000	164 000	164 000	164 000
Total Fixed Assets	179 000	207 000	234 000	240 000
Stock	1 005 000	807 000	766 000	1 172 000
Total Investments	0	0	0	0
Cash, Bank	63 000	378 000	149 000	92 000
Total Current Assets	1 080 000	1 236 000	962 000	1 429 000
Total Assets	1 259 000	1 443 000	1 196 000	1 668 000
Total Equity	138 000	159 000	−229 000	323 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	492 000	618 000	675 000	728 000
Creditors	336 000	335 000	604 000	302 000
Unpaid Taxes	171 000	225 000	97 000	224 000
Dividends	0	0	0	0
Other Current Debt	84 000	106 000	48 000	84 000
Total Current Debt	629 000	666 000	749 000	617 000
Total Equity and Debt	1 259 000	1 443 000	1 196 000	1 668 000

Financial indicators	2022	2021	2020	2019
Return on Equity	162,32 %	244,03 %	241,05 %	10,84 %
Debt-to-Equity Ratio	3,57	3,89	−2,95	2,25
Operating Profit Margin	6,81 %	12,76 %	−18,33 %	3,1 %
Current Ratio	1,72	1,86	1,28	2,32
Quick Ratio	−2,87	−8,77	−56,59	−2,57
Equity Ratio	0,11	0,11	−0,19	0,19
Gross Profit Margin	39,76 %	47,44 %	31,73 %	36,56 %