ACCELERATE AS

4009 STAVANGER

Finances

Share Ownership

Return on Equity

67,31 %

Current Ratio

1,51

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 464 000	9 730 000	8 608 000	11 601 000
Net Income	1 110 000	251 000	−349 000	836 000
Total Assets	4 900 000	2 782 000	2 045 000	5 094 000
Total Equity	1 649 000	1 649 000	1 649 000	1 999 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 464 000	9 730 000	8 608 000	11 601 000
Expenditure	9 047 000	9 404 000	9 049 000	10 526 000
Operating Profit	1 418 000	326 000	−442 000	1 076 000
Financial Income	8 000	0	0	2 000
Financial Costs	3 000	2 000	3 000	3 000
Financial Balance	5 000	−2 000	−3 000	−1 000
Earnings Before Tax	1 424 000	324 000	−444 000	1 075 000
Tax	313 000	73 000	−95 000	240 000
Net Income	1 110 000	251 000	−349 000	836 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	20 000	35 000	50 000
Total Current Assets	4 900 000	2 762 000	2 010 000	5 044 000
Total Assets	4 900 000	2 782 000	2 045 000	5 094 000
Total Retained Equity	1 477 000	1 477 000	1 477 000	1 826 000
Total Equity	1 649 000	1 649 000	1 649 000	1 999 000
Total Long-Term Debt	0	0	2 000	4 000
Total Current Debt	3 251 000	1 132 000	394 000	3 091 000
Total Equity and Debt	4 900 000	2 782 000	2 045 000	5 094 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 464 000	9 730 000	8 608 000	11 601 000
Other Income	0	0	0	0
Revenue	10 464 000	9 730 000	8 608 000	11 601 000
Cost of Goods Sold	0	100 000	83 000	442 000
Salary Costs	2 292 000	2 560 000	2 666 000	3 291 000
Depreciation	8 000	15 000	14 000	16 000
Impairment	0	0	0	0
Expenditure	9 047 000	9 404 000	9 049 000	10 526 000
Operating Profit	1 418 000	326 000	−442 000	1 076 000
Financial Income	8 000	0	0	2 000
Financial Costs	3 000	2 000	3 000	3 000
Financial Balance	5 000	−2 000	−3 000	−1 000
Dividends	1 110 000	251 000	0	1 800 000
Net Income	1 110 000	251 000	−349 000	836 000

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	0	20 000	35 000	50 000
Total Tangible Assets	0	20 000	35 000	50 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	20 000	35 000	50 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 519 000	1 201 000	1 161 000	3 645 000
Total Current Assets	4 900 000	2 762 000	2 010 000	5 044 000
Total Assets	4 900 000	2 782 000	2 045 000	5 094 000
Total Equity	1 649 000	1 649 000	1 649 000	1 999 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	2 000	4 000
Creditors	984 000	294 000	20 000	299 000
Unpaid Taxes	295 000	194 000	163 000	300 000
Dividends	1 110 000	251 000	0	1 800 000
Other Current Debt	547 000	318 000	211 000	457 000
Total Current Debt	3 251 000	1 132 000	394 000	3 091 000
Total Equity and Debt	4 900 000	2 782 000	2 045 000	5 094 000

Financial indicators	2022	2021	2020	2019
Return on Equity	67,31 %	15,22 %	−21,16 %	41,82 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	13,55 %	3,35 %	−5,13 %	9,28 %
Current Ratio	1,51	2,44	5,1	1,63
Quick Ratio	1,51	2,44	5,1	1,63
Equity Ratio	0,34	0,59	0,81	0,39
Gross Profit Margin	100 %	98,97 %	99,04 %	96,19 %