TRAC ACCOUNTING AS

4550 FARSUND

Finances

Share Ownership

Return on Equity

−41,34 %

Current Ratio

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	18 678 000	13 551 000	12 592 000	9 783 000
Net Income	−1 851 000	−1 486 000	1 243 000	−113 000
Total Assets	8 780 000	9 418 000	10 692 000	6 944 000
Total Equity	4 477 000	5 275 000	5 255 000	3 275 000

Income (NOK)	2022	2021	2020	2019
Revenue	18 678 000	13 551 000	12 592 000	9 783 000
Expenditure	20 845 000	15 475 000	11 570 000	9 998 000
Operating Profit	−2 167 000	−1 923 000	1 022 000	−214 000
Financial Income	20 000	13 000	13 000	10 000
Financial Costs	0	0	0	0
Financial Balance	20 000	13 000	13 000	10 000
Earnings Before Tax	−2 147 000	−1 910 000	1 036 000	−205 000
Tax	−297 000	−425 000	−208 000	−92 000
Net Income	−1 851 000	−1 486 000	1 243 000	−113 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	192 000	134 000	46 000	29 000
Total Current Assets	8 588 000	9 284 000	10 646 000	6 915 000
Total Assets	8 780 000	9 418 000	10 692 000	6 944 000
Total Retained Equity	−4 145 000	−2 295 000	−809 000	−2 053 000
Total Equity	4 477 000	5 275 000	5 255 000	3 275 000
Total Long-Term Debt	0	0	0	43 000
Total Current Debt	4 302 000	4 143 000	5 437 000	3 627 000
Total Equity and Debt	8 780 000	9 418 000	10 692 000	6 944 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	18 666 000	13 542 000	12 582 000	9 783 000
Other Income	12 000	9 000	10 000	0
Revenue	18 678 000	13 551 000	12 592 000	9 783 000
Cost of Goods Sold	575 000	743 000	910 000	878 000
Salary Costs	15 618 000	10 756 000	7 703 000	6 536 000
Depreciation	50 000	17 000	14 000	0
Impairment	0	0	0	0
Expenditure	20 845 000	15 475 000	11 570 000	9 998 000
Operating Profit	−2 167 000	−1 923 000	1 022 000	−214 000
Financial Income	20 000	13 000	13 000	10 000
Financial Costs	0	0	0	0
Financial Balance	20 000	13 000	13 000	10 000
Dividends	0	0	0	0
Net Income	−1 851 000	−1 486 000	1 243 000	−113 000

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	192 000	134 000	46 000	27 000
Total Tangible Assets	192 000	134 000	46 000	27 000
Total Fiancial Fixed Assets	0	0	0	2 000
Total Fixed Assets	192 000	134 000	46 000	29 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 794 000	2 681 000	4 276 000	2 374 000
Total Current Assets	8 588 000	9 284 000	10 646 000	6 915 000
Total Assets	8 780 000	9 418 000	10 692 000	6 944 000
Total Equity	4 477 000	5 275 000	5 255 000	3 275 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	43 000
Creditors	607 000	1 867 000	407 000	213 000
Unpaid Taxes	1 948 000	1 324 000	685 000	712 000
Dividends	0	0	0	0
Other Current Debt	1 748 000	952 000	4 345 000	2 702 000
Total Current Debt	4 302 000	4 143 000	5 437 000	3 627 000
Total Equity and Debt	8 780 000	9 418 000	10 692 000	6 944 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−41,34 %	−28,17 %	23,65 %	−3,45 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	−11,6 %	−14,19 %	8,12 %	−2,19 %
Current Ratio	2	2,24	1,96	1,91
Quick Ratio	2	2,24	1,96	1,91
Equity Ratio	0,51	0,56	0,49	0,47
Gross Profit Margin	96,92 %	94,52 %	92,77 %	91,03 %