APACE IP AS

0256 OSLO

Finances

Share Ownership

Return on Equity

−52,03 %

Current Ratio

1,5

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 342 000	4 706 000	6 614 000	5 894 000
Net Income	−307 000	−217 000	−39 000	−641 000
Total Assets	1 756 000	1 196 000	2 264 000	1 608 000
Total Equity	590 000	29 000	246 000	285 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 342 000	4 706 000	6 614 000	5 894 000
Expenditure	3 594 000	4 870 000	6 598 000	6 466 000
Operating Profit	−252 000	−165 000	17 000	−571 000
Financial Income	14 000	19 000	45 000	30 000
Financial Costs	69 000	71 000	101 000	100 000
Financial Balance	−55 000	−52 000	−56 000	−70 000
Earnings Before Tax	−307 000	−217 000	−39 000	−641 000
Tax	0	0	0	0
Net Income	−307 000	−217 000	−39 000	−641 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	41 000
Total Current Assets	1 756 000	1 196 000	2 264 000	1 567 000
Total Assets	1 756 000	1 196 000	2 264 000	1 608 000
Total Retained Equity	−1 105 000	−798 000	−581 000	−542 000
Total Equity	590 000	29 000	246 000	285 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 167 000	1 167 000	2 018 000	1 323 000
Total Equity and Debt	1 756 000	1 196 000	2 264 000	1 608 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 342 000	4 706 000	6 614 000	5 894 000
Other Income	0	0	0	0
Revenue	3 342 000	4 706 000	6 614 000	5 894 000
Cost of Goods Sold	1 516 000	1 678 000	2 440 000	2 142 000
Salary Costs	388 000	1 060 000	2 181 000	2 198 000
Depreciation	0	0	0	14 000
Impairment	0	0	0	0
Expenditure	3 594 000	4 870 000	6 598 000	6 466 000
Operating Profit	−252 000	−165 000	17 000	−571 000
Financial Income	14 000	19 000	45 000	30 000
Financial Costs	69 000	71 000	101 000	100 000
Financial Balance	−55 000	−52 000	−56 000	−70 000
Dividends	0	0	0	0
Net Income	−307 000	−217 000	−39 000	−641 000

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	0	0	0	41 000
Total Fixed Assets	0	0	0	41 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	118 000	176 000	583 000	739 000
Total Current Assets	1 756 000	1 196 000	2 264 000	1 567 000
Total Assets	1 756 000	1 196 000	2 264 000	1 608 000
Total Equity	590 000	29 000	246 000	285 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	218 000	148 000	594 000	153 000
Unpaid Taxes	128 000	72 000	398 000	180 000
Dividends	0	0	0	0
Other Current Debt	820 000	947 000	1 026 000	989 000
Total Current Debt	1 167 000	1 167 000	2 018 000	1 323 000
Total Equity and Debt	1 756 000	1 196 000	2 264 000	1 608 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−52,03 %	−748,28 %	−15,85 %	−224,91 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−7,54 %	−3,51 %	0,26 %	−9,69 %
Current Ratio	1,5	1,02	1,12	1,18
Quick Ratio	1,5	1,02	1,12	1,18
Equity Ratio	0,34	0,02	0,11	0,18
Gross Profit Margin	54,64 %	64,34 %	63,11 %	63,66 %