AC DESIGNTECH AS

9406 HARSTAD

Finances

Return on Equity

9,68 %

Current Ratio

21,05

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	336 000	350 000	976 000	412 000
Net Income	46 000	197 000	536 000	−196 000
Total Assets	497 000	491 000	921 000	333 000
Total Equity	475 000	429 000	832 000	295 000

Income (NOK)	2022	2021	2020	2019
Revenue	336 000	350 000	976 000	412 000
Expenditure	272 000	95 000	400 000	563 000
Operating Profit	64 000	254 000	576 000	−149 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	0	5 000
Financial Balance	0	0	0	−4 000
Earnings Before Tax	64 000	254 000	577 000	−154 000
Tax	18 000	57 000	40 000	43 000
Net Income	46 000	197 000	536 000	−196 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	34 000	68 000	73 000	51 000
Total Current Assets	463 000	422 000	848 000	282 000
Total Assets	497 000	491 000	921 000	333 000
Total Retained Equity	375 000	329 000	732 000	195 000
Total Equity	475 000	429 000	832 000	295 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	22 000	62 000	90 000	38 000
Total Equity and Debt	497 000	491 000	921 000	333 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	336 000	350 000	976 000	362 000
Other Income	0	0	0	50 000
Revenue	336 000	350 000	976 000	412 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	362 000
Depreciation	34 000	28 000	30 000	28 000
Impairment	0	0	0	0
Expenditure	272 000	95 000	400 000	563 000
Operating Profit	64 000	254 000	576 000	−149 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	0	5 000
Financial Balance	0	0	0	−4 000
Dividends	0	0	0	0
Net Income	46 000	197 000	536 000	−196 000

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	34 000	68 000	73 000	20 000
Fixtures	0	0	0	19 000
Total Tangible Assets	34 000	68 000	73 000	39 000
Total Fiancial Fixed Assets	0	0	0	13 000
Total Fixed Assets	34 000	68 000	73 000	51 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	422 000	412 000	834 000	268 000
Total Current Assets	463 000	422 000	848 000	282 000
Total Assets	497 000	491 000	921 000	333 000
Total Equity	475 000	429 000	832 000	295 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 000	3 000	17 000	3 000
Unpaid Taxes	0	0	0	13 000
Dividends	0	0	0	0
Other Current Debt	3 000	2 000	33 000	72 000
Total Current Debt	22 000	62 000	90 000	38 000
Total Equity and Debt	497 000	491 000	921 000	333 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,68 %	45,92 %	64,42 %	−66,44 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	19,05 %	72,57 %	59,02 %	−36,17 %
Current Ratio	21,05	6,81	9,42	7,42
Quick Ratio	21,05	6,81	9,42	7,42
Equity Ratio	0,96	0,87	0,9	0,89
Gross Profit Margin	100 %	100 %	100 %	100 %