ACO NORDIC AS

1396 BILLINGSTAD

Finances

Share Ownership

Return on Equity

−53,49 %

Current Ratio

1,4

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	34 442 000	31 267 000	32 402 000	23 190 000
Net Income	−2 773 000	−1 503 000	−407 000	−3 013 000
Total Assets	17 778 000	19 686 000	15 731 000	11 705 000
Total Equity	5 184 000	5 213 000	3 830 000	3 853 000

Income (NOK)	2022	2021	2020	2019
Revenue	34 442 000	31 267 000	32 402 000	23 190 000
Expenditure	37 603 000	33 269 000	32 600 000	26 801 000
Operating Profit	−3 161 000	−2 002 000	−198 000	−3 611 000
Financial Income	590 000	540 000	516 000	104 000
Financial Costs	972 000	453 000	835 000	327 000
Financial Balance	−382 000	87 000	−319 000	−223 000
Earnings Before Tax	−3 542 000	−1 916 000	−516 000	−3 834 000
Tax	−769 000	−413 000	−109 000	−821 000
Net Income	−2 773 000	−1 503 000	−407 000	−3 013 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	159 000	157 000	597 000	474 000
Total Current Assets	17 620 000	19 529 000	15 134 000	11 232 000
Total Assets	17 778 000	19 686 000	15 731 000	11 705 000
Total Retained Equity	−22 109 000	−19 336 000	−17 833 000	−17 425 000
Total Equity	5 184 000	5 213 000	3 830 000	3 853 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	12 595 000	14 472 000	11 901 000	7 853 000
Total Equity and Debt	17 778 000	19 686 000	15 731 000	11 705 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	34 407 000	31 267 000	32 402 000	23 190 000
Other Income	35 000	0	0	0
Revenue	34 442 000	31 267 000	32 402 000	23 190 000
Cost of Goods Sold	20 133 000	18 579 000	19 453 000	13 390 000
Salary Costs	11 372 000	9 045 000	7 660 000	7 521 000
Depreciation	84 000	92 000	91 000	83 000
Impairment	0	0	0	0
Expenditure	37 603 000	33 269 000	32 600 000	26 801 000
Operating Profit	−3 161 000	−2 002 000	−198 000	−3 611 000
Financial Income	590 000	540 000	516 000	104 000
Financial Costs	972 000	453 000	835 000	327 000
Financial Balance	−382 000	87 000	−319 000	−223 000
Dividends	0	0	0	0
Net Income	−2 773 000	−1 503 000	−407 000	−3 013 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 000	7 000	388 000	388 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	35 000	64 000	0
Fixtures	157 000	115 000	144 000	86 000
Total Tangible Assets	157 000	150 000	208 000	86 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	159 000	157 000	597 000	474 000
Stock	3 020 000	2 349 000	1 350 000	1 009 000
Total Investments	0	0	0	0
Cash, Bank	373 000	340 000	313 000	302 000
Total Current Assets	17 620 000	19 529 000	15 134 000	11 232 000
Total Assets	17 778 000	19 686 000	15 731 000	11 705 000
Total Equity	5 184 000	5 213 000	3 830 000	3 853 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	4 135 000	3 515 000	3 177 000	1 786 000
Unpaid Taxes	1 655 000	1 529 000	1 480 000	834 000
Dividends	0	0	0	0
Other Current Debt	6 805 000	9 409 000	7 243 000	5 233 000
Total Current Debt	12 595 000	14 472 000	11 901 000	7 853 000
Total Equity and Debt	17 778 000	19 686 000	15 731 000	11 705 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−53,49 %	−28,83 %	−10,63 %	−78,2 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−9,18 %	−6,4 %	−0,61 %	−15,57 %
Current Ratio	1,4	1,35	1,27	1,43
Quick Ratio	1,84	1,61	1,43	1,64
Equity Ratio	0,29	0,26	0,24	0,33
Gross Profit Margin	41,55 %	40,58 %	39,96 %	42,26 %