ABBAS EIENDOM AS

1262 OSLO

Finances

Return on Equity

−81,43 %

Current Ratio

2,81

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	943 000	1 156 000	793 000	112 000
Net Income	−535 000	355 000	1 464 000	−306 000
Total Assets	918 000	1 421 000	1 340 000	12 000
Total Equity	657 000	1 192 000	837 000	−627 000

Income (NOK)	2022	2021	2020	2019
Revenue	943 000	1 156 000	793 000	112 000
Expenditure	1 617 000	719 000	230 000	418 000
Operating Profit	−673 000	438 000	564 000	−306 000
Financial Income	−1 000	0	900 000	0
Financial Costs	11 000	1 000	0	0
Financial Balance	−12 000	−1 000	900 000	0
Earnings Before Tax	−686 000	437 000	1 464 000	−306 000
Tax	−151 000	82 000	0	0
Net Income	−535 000	355 000	1 464 000	−306 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	184 000	33 000	48 000	0
Total Current Assets	734 000	1 388 000	1 292 000	12 000
Total Assets	918 000	1 421 000	1 340 000	12 000
Total Retained Equity	625 000	1 160 000	805 000	−659 000
Total Equity	657 000	1 192 000	837 000	−627 000
Total Long-Term Debt	0	0	310 000	639 000
Total Current Debt	261 000	229 000	193 000	0
Total Equity and Debt	918 000	1 421 000	1 340 000	12 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	943 000	1 156 000	793 000	100 000
Other Income	0	0	0	12 000
Revenue	943 000	1 156 000	793 000	112 000
Cost of Goods Sold	1 434 000	412 000	5 000	131 000
Salary Costs	1 000	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 617 000	719 000	230 000	418 000
Operating Profit	−673 000	438 000	564 000	−306 000
Financial Income	−1 000	0	900 000	0
Financial Costs	11 000	1 000	0	0
Financial Balance	−12 000	−1 000	900 000	0
Dividends	0	0	0	0
Net Income	−535 000	355 000	1 464 000	−306 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	151 000	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	33 000	33 000	48 000	0
Total Fixed Assets	184 000	33 000	48 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	29 000	575 000	66 000	12 000
Total Current Assets	734 000	1 388 000	1 292 000	12 000
Total Assets	918 000	1 421 000	1 340 000	12 000
Total Equity	657 000	1 192 000	837 000	−627 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	310 000	639 000
Creditors	260 000	147 000	0	0
Unpaid Taxes	1 000	0	193 000	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	261 000	229 000	193 000	0
Total Equity and Debt	918 000	1 421 000	1 340 000	12 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−81,43 %	29,78 %	174,91 %	48,8 %
Debt-to-Equity Ratio	0	0	0,37	−1,02
Operating Profit Margin	−71,37 %	37,89 %	71,12 %	−273,21 %
Current Ratio	2,81	6,06	6,69	-
Quick Ratio	2,81	6,06	6,69	-
Equity Ratio	0,72	0,84	0,62	−52,25
Gross Profit Margin	−52,07 %	64,36 %	99,37 %	−16,96 %