ACCOUNTOR FINAGO AS

0663 OSLO

Finances

Share Ownership

Return on Equity

12,74 %

Current Ratio

0,37

Debt-to-Equity Ratio

−0,94

Key figures (NOK)	2022	2021	2020	2019
Revenue	386 000	2 081 000	2 853 000	3 730 000
Net Income	−5 065 000	−4 100 000	−3 093 000	−4 103 000
Total Assets	2 443 000	2 333 000	2 140 000	2 794 000
Total Equity	−39 748 000	−34 682 000	−30 583 000	−27 490 000

Income (NOK)	2022	2021	2020	2019
Revenue	386 000	2 081 000	2 853 000	3 730 000
Expenditure	3 578 000	4 386 000	4 732 000	6 785 000
Operating Profit	−3 191 000	−2 305 000	−1 880 000	−3 055 000
Financial Income	−4 000	10 000	4 000	8 000
Financial Costs	1 870 000	1 804 000	1 217 000	1 055 000
Financial Balance	−1 874 000	−1 794 000	−1 213 000	−1 047 000
Earnings Before Tax	−5 065 000	−4 100 000	−3 093 000	−4 103 000
Tax	0	0	0	0
Net Income	−5 065 000	−4 100 000	−3 093 000	−4 103 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	665 000	691 000	711 000	716 000
Total Current Assets	1 777 000	1 642 000	1 428 000	2 078 000
Total Assets	2 443 000	2 333 000	2 140 000	2 794 000
Total Retained Equity	−39 778 000	−34 712 000	−30 613 000	−27 520 000
Total Equity	−39 748 000	−34 682 000	−30 583 000	−27 490 000
Total Long-Term Debt	37 325 000	34 365 000	30 870 000	28 247 000
Total Current Debt	4 865 000	2 650 000	1 853 000	2 037 000
Total Equity and Debt	2 443 000	2 333 000	2 140 000	2 794 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	386 000	2 081 000	2 853 000	3 731 000
Other Income	0	0	0	−2 000
Revenue	386 000	2 081 000	2 853 000	3 730 000
Cost of Goods Sold	730 000	585 000	970 000	1 106 000
Salary Costs	−19 000	1 422 000	1 745 000	2 084 000
Depreciation	0	0	0	570 000
Impairment	0	0	0	0
Expenditure	3 578 000	4 386 000	4 732 000	6 785 000
Operating Profit	−3 191 000	−2 305 000	−1 880 000	−3 055 000
Financial Income	−4 000	10 000	4 000	8 000
Financial Costs	1 870 000	1 804 000	1 217 000	1 055 000
Financial Balance	−1 874 000	−1 794 000	−1 213 000	−1 047 000
Dividends	0	0	0	0
Net Income	−5 065 000	−4 100 000	−3 093 000	−4 103 000

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	665 000	691 000	711 000	716 000
Total Fixed Assets	665 000	691 000	711 000	716 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	820 000	229 000	566 000	831 000
Total Current Assets	1 777 000	1 642 000	1 428 000	2 078 000
Total Assets	2 443 000	2 333 000	2 140 000	2 794 000
Total Equity	−39 748 000	−34 682 000	−30 583 000	−27 490 000
Short-Term Group Debt	3 870 000	1 900 000	659 000	370 000
Total Long-Term Debt	37 325 000	34 365 000	30 870 000	28 247 000
Creditors	175 000	347 000	295 000	122 000
Unpaid Taxes	0	53 000	182 000	131 000
Dividends	0	0	0	0
Other Current Debt	820 000	351 000	717 000	1 414 000
Total Current Debt	4 865 000	2 650 000	1 853 000	2 037 000
Total Equity and Debt	2 443 000	2 333 000	2 140 000	2 794 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,74 %	11,82 %	10,11 %	14,93 %
Debt-to-Equity Ratio	−0,94	−0,99	−1,01	−1,03
Operating Profit Margin	−826,68 %	−110,76 %	−65,9 %	−81,9 %
Current Ratio	0,37	0,62	0,77	1,02
Quick Ratio	0,37	0,62	0,77	1,02
Equity Ratio	−16,27	−14,87	−14,29	−9,84
Gross Profit Margin	−89,12 %	71,89 %	66 %	70,35 %