ACCOUNTRA SOFTWARE AS

4838 ARENDAL

Finances

Share Ownership

Return on Equity

82,37 %

Current Ratio

1,55

Debt-to-Equity Ratio

Key figures (NOK)	2020	2019	2018	2017
Revenue	2 011 000	1 432 000	1 123 000	570 000
Net Income	341 000	180 000	53 000	−260 000
Total Assets	1 139 000	443 000	275 000	107 000
Total Equity	414 000	73 000	−107 000	−159 000

Income (NOK)	2020	2019	2018	2017
Revenue	2 011 000	1 432 000	1 123 000	570 000
Expenditure	1 585 000	1 252 000	1 071 000	835 000
Operating Profit	426 000	180 000	52 000	−266 000
Financial Income	14 000	0	1 000	6 000
Financial Costs	3 000	0	0	0
Financial Balance	11 000	0	1 000	6 000
Earnings Before Tax	438 000	180 000	53 000	−260 000
Tax	96 000	0	0	0
Net Income	341 000	180 000	53 000	−260 000

Balance (NOK)	2020	2019	2018	2017
Total Fixed Assets	14 000	14 000	17 000	22 000
Total Current Assets	1 125 000	429 000	258 000	85 000
Total Assets	1 139 000	443 000	275 000	107 000
Total Retained Equity	314 000	−27 000	−207 000	−259 000
Total Equity	414 000	73 000	−107 000	−159 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	724 000	370 000	382 000	266 000
Total Equity and Debt	1 139 000	443 000	275 000	107 000

Cash flow (NOK)	2020	2019	2018	2017
Sales Income	2 011 000	1 432 000	1 123 000	570 000
Other Income	0	0	0	0
Revenue	2 011 000	1 432 000	1 123 000	570 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 245 000	963 000	928 000	664 000
Depreciation	0	3 000	4 000	5 000
Impairment	0	0	0	0
Expenditure	1 585 000	1 252 000	1 071 000	835 000
Operating Profit	426 000	180 000	52 000	−266 000
Financial Income	14 000	0	1 000	6 000
Financial Costs	3 000	0	0	0
Financial Balance	11 000	0	1 000	6 000
Dividends	0	0	0	0
Net Income	341 000	180 000	53 000	−260 000

Balance details (NOK)	2020	2019	2018	2017
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	14 000	14 000	17 000	22 000
Total Tangible Assets	14 000	14 000	17 000	22 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	14 000	14 000	17 000	22 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	718 000	148 000	113 000	35 000
Total Current Assets	1 125 000	429 000	258 000	85 000
Total Assets	1 139 000	443 000	275 000	107 000
Total Equity	414 000	73 000	−107 000	−159 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	527 000	291 000	221 000	59 000
Dividends	0	0	0	0
Other Current Debt	101 000	78 000	161 000	63 000
Total Current Debt	724 000	370 000	382 000	266 000
Total Equity and Debt	1 139 000	443 000	275 000	107 000

Financial indicators	2020	2019	2018	2017
Return on Equity	82,37 %	246,58 %	−49,53 %	163,52 %
Debt-to-Equity Ratio	0	0	−0	−0
Operating Profit Margin	21,18 %	12,57 %	4,63 %	−46,67 %
Current Ratio	1,55	1,16	0,68	0,32
Quick Ratio	1,55	1,16	0,68	0,32
Equity Ratio	0,36	0,16	−0,39	−1,49
Gross Profit Margin	100 %	100 %	100 %	100 %