INIT ACOBIA AS

3264 LARVIK

Finances

Share Ownership

Return on Equity

31,2 %

Current Ratio

2,12

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 088 000	6 080 000	6 636 000	7 366 000
Net Income	1 119 000	415 000	178 000	1 158 000
Total Assets	6 727 000	5 086 000	4 459 000	4 693 000
Total Equity	3 587 000	2 468 000	2 052 000	1 874 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 088 000	6 080 000	6 636 000	7 366 000
Expenditure	6 877 000	5 736 000	6 295 000	6 203 000
Operating Profit	1 211 000	343 000	341 000	1 163 000
Financial Income	0	0	0	93 000
Financial Costs	−8 000	−73 000	163 000	2 000
Financial Balance	8 000	73 000	−163 000	91 000
Earnings Before Tax	1 219 000	415 000	178 000	1 254 000
Tax	100 000	0	0	96 000
Net Income	1 119 000	415 000	178 000	1 158 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	58 000	176 000	295 000	413 000
Total Current Assets	6 669 000	4 910 000	4 165 000	4 280 000
Total Assets	6 727 000	5 086 000	4 459 000	4 693 000
Total Retained Equity	487 000	−632 000	−1 048 000	−1 226 000
Total Equity	3 587 000	2 468 000	2 052 000	1 874 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 141 000	2 619 000	2 407 000	2 819 000
Total Equity and Debt	6 727 000	5 086 000	4 459 000	4 693 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 088 000	6 080 000	6 636 000	7 277 000
Other Income	0	0	0	89 000
Revenue	8 088 000	6 080 000	6 636 000	7 366 000
Cost of Goods Sold	1 983 000	1 148 000	1 249 000	2 084 000
Salary Costs	3 612 000	3 533 000	3 740 000	3 167 000
Depreciation	118 000	118 000	118 000	118 000
Impairment	0	0	0	0
Expenditure	6 877 000	5 736 000	6 295 000	6 203 000
Operating Profit	1 211 000	343 000	341 000	1 163 000
Financial Income	0	0	0	93 000
Financial Costs	−8 000	−73 000	163 000	2 000
Financial Balance	8 000	73 000	−163 000	91 000
Dividends	0	0	0	0
Net Income	1 119 000	415 000	178 000	1 158 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	58 000	176 000	295 000	413 000
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	0
Total Fixed Assets	58 000	176 000	295 000	413 000
Stock	0	0	0	2 924 000
Total Investments	0	0	0	0
Cash, Bank	1 006 000	496 000	553 000	407 000
Total Current Assets	6 669 000	4 910 000	4 165 000	4 280 000
Total Assets	6 727 000	5 086 000	4 459 000	4 693 000
Total Equity	3 587 000	2 468 000	2 052 000	1 874 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 254 000	1 283 000	1 230 000	1 844 000
Unpaid Taxes	435 000	556 000	353 000	404 000
Dividends	0	0	0	0
Other Current Debt	1 424 000	780 000	824 000	570 000
Total Current Debt	3 141 000	2 619 000	2 407 000	2 819 000
Total Equity and Debt	6 727 000	5 086 000	4 459 000	4 693 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,2 %	16,82 %	8,67 %	61,79 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	14,97 %	5,64 %	5,14 %	15,79 %
Current Ratio	2,12	1,87	1,73	1,52
Quick Ratio	2,12	1,87	1,73	−40,76
Equity Ratio	0,53	0,49	0,46	0,4
Gross Profit Margin	75,48 %	81,12 %	81,18 %	71,71 %