ACCOUNTOR CREDIT GROUP AS

8400 SORTLAND

Finances

Return on Equity

−1,92 %

Current Ratio

0,38

Debt-to-Equity Ratio

0,44

Key figures (NOK)	2022	2021	2020	2019
Revenue	72 000	90 000	158 000	136 000
Net Income	−130 000	−136 000	−151 000	−151 000
Total Assets	9 771 000	9 766 000	9 784 000	9 783 000
Total Equity	6 759 000	6 889 000	7 025 000	7 176 000

Income (NOK)	2022	2021	2020	2019
Revenue	72 000	90 000	158 000	136 000
Expenditure	88 000	118 000	205 000	189 000
Operating Profit	−16 000	−28 000	−47 000	−53 000
Financial Income	0	0	0	0
Financial Costs	114 000	108 000	104 000	98 000
Financial Balance	−114 000	−108 000	−104 000	−98 000
Earnings Before Tax	−130 000	−136 000	−151 000	−151 000
Tax	0	0	0	0
Net Income	−130 000	−136 000	−151 000	−151 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 750 000	9 750 000	9 750 000	9 750 000
Total Current Assets	21 000	16 000	34 000	32 000
Total Assets	9 771 000	9 766 000	9 784 000	9 783 000
Total Retained Equity	−1 789 000	−1 659 000	−1 523 000	−1 372 000
Total Equity	6 759 000	6 889 000	7 025 000	7 176 000
Total Long-Term Debt	2 956 000	2 812 000	2 699 000	2 555 000
Total Current Debt	55 000	64 000	59 000	51 000
Total Equity and Debt	9 771 000	9 766 000	9 784 000	9 783 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	72 000	90 000	158 000	136 000
Other Income	0	0	0	0
Revenue	72 000	90 000	158 000	136 000
Cost of Goods Sold	1 000	19 000	31 000	27 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	88 000	118 000	205 000	189 000
Operating Profit	−16 000	−28 000	−47 000	−53 000
Financial Income	0	0	0	0
Financial Costs	114 000	108 000	104 000	98 000
Financial Balance	−114 000	−108 000	−104 000	−98 000
Dividends	0	0	0	0
Net Income	−130 000	−136 000	−151 000	−151 000

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	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	9 750 000	9 750 000	9 750 000	9 750 000
Total Fixed Assets	9 750 000	9 750 000	9 750 000	9 750 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	12 000	13 000	5 000	29 000
Total Current Assets	21 000	16 000	34 000	32 000
Total Assets	9 771 000	9 766 000	9 784 000	9 783 000
Total Equity	6 759 000	6 889 000	7 025 000	7 176 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 956 000	2 812 000	2 699 000	2 555 000
Creditors	5 000	14 000	9 000	1 000
Unpaid Taxes	1 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	50 000	50 000	50 000	50 000
Total Current Debt	55 000	64 000	59 000	51 000
Total Equity and Debt	9 771 000	9 766 000	9 784 000	9 783 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,92 %	−1,97 %	−2,15 %	−2,1 %
Debt-to-Equity Ratio	0,44	0,41	0,38	0,36
Operating Profit Margin	−22,22 %	−31,11 %	−29,75 %	−38,97 %
Current Ratio	0,38	0,25	0,58	0,63
Quick Ratio	0,38	0,25	0,58	0,63
Equity Ratio	0,69	0,71	0,72	0,73
Gross Profit Margin	98,61 %	78,89 %	80,38 %	80,15 %