EXCELLERATE AS

0155 OSLO

Finances

Share Ownership

Return on Equity

−31,04 %

Current Ratio

1,04

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	37 694 000	40 200 000	36 951 000	50 639 000
Net Income	−1 029 000	518 000	−2 652 000	−3 404 000
Total Assets	13 034 000	16 744 000	16 771 000	21 464 000
Total Equity	3 315 000	4 344 000	3 825 000	6 478 000

Income (NOK)	2022	2021	2020	2019
Revenue	37 694 000	40 200 000	36 951 000	50 639 000
Expenditure	38 655 000	39 756 000	39 742 000	54 011 000
Operating Profit	−962 000	443 000	−2 792 000	−3 372 000
Financial Income	111 000	230 000	316 000	161 000
Financial Costs	178 000	155 000	176 000	193 000
Financial Balance	−67 000	75 000	140 000	−32 000
Earnings Before Tax	−1 029 000	518 000	−2 652 000	−3 404 000
Tax	0	0	0	0
Net Income	−1 029 000	518 000	−2 652 000	−3 404 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 889 000	3 234 000	4 613 000	6 030 000
Total Current Assets	10 145 000	13 511 000	12 158 000	15 434 000
Total Assets	13 034 000	16 744 000	16 771 000	21 464 000
Total Retained Equity	−3 163 000	−2 134 000	0	0
Total Equity	3 315 000	4 344 000	3 825 000	6 478 000
Total Long-Term Debt	0	1 368 000	1 548 000	520 000
Total Current Debt	9 720 000	11 033 000	11 397 000	14 466 000
Total Equity and Debt	13 034 000	16 744 000	16 771 000	21 464 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	34 427 000	40 168 000	36 751 000	50 604 000
Other Income	3 267 000	32 000	200 000	35 000
Revenue	37 694 000	40 200 000	36 951 000	50 639 000
Cost of Goods Sold	7 501 000	9 966 000	8 949 000	8 078 000
Salary Costs	22 502 000	20 879 000	20 081 000	34 009 000
Depreciation	740 000	1 656 000	1 916 000	1 991 000
Impairment	0	311 000	118 000	0
Expenditure	38 655 000	39 756 000	39 742 000	54 011 000
Operating Profit	−962 000	443 000	−2 792 000	−3 372 000
Financial Income	111 000	230 000	316 000	161 000
Financial Costs	178 000	155 000	176 000	193 000
Financial Balance	−67 000	75 000	140 000	−32 000
Dividends	0	0	0	0
Net Income	−1 029 000	518 000	−2 652 000	−3 404 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 531 000	1 273 000	2 090 000	3 343 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	358 000	1 961 000	2 523 000	2 687 000
Total Tangible Assets	358 000	1 961 000	2 523 000	2 687 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 889 000	3 234 000	4 613 000	6 030 000
Stock	10 000	10 000	10 000	10 000
Total Investments	0	0	0	0
Cash, Bank	1 499 000	4 826 000	4 166 000	2 908 000
Total Current Assets	10 145 000	13 511 000	12 158 000	15 434 000
Total Assets	13 034 000	16 744 000	16 771 000	21 464 000
Total Equity	3 315 000	4 344 000	3 825 000	6 478 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 368 000	1 548 000	520 000
Creditors	3 454 000	2 603 000	2 048 000	1 383 000
Unpaid Taxes	1 910 000	2 831 000	1 730 000	3 077 000
Dividends	0	0	0	0
Other Current Debt	4 356 000	5 599 000	7 620 000	10 006 000
Total Current Debt	9 720 000	11 033 000	11 397 000	14 466 000
Total Equity and Debt	13 034 000	16 744 000	16 771 000	21 464 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−31,04 %	11,92 %	−69,33 %	−52,55 %
Debt-to-Equity Ratio	0	0,31	0,4	0,08
Operating Profit Margin	−2,55 %	1,1 %	−7,56 %	−6,66 %
Current Ratio	1,04	1,22	1,07	1,07
Quick Ratio	1,04	1,23	1,07	1,07
Equity Ratio	0,25	0,26	0,23	0,3
Gross Profit Margin	80,1 %	75,21 %	75,78 %	84,05 %