AKAB INVEST AS

0263 OSLO

Finances

Return on Equity

21,37 %

Current Ratio

3,22

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	443 000	83 000	597 000	1 478 000
Net Income	56 000	−18 000	72 000	344 000
Total Assets	374 000	419 000	1 159 000	2 216 000
Total Equity	262 000	306 000	825 000	1 303 000

Income (NOK)	2022	2021	2020	2019
Revenue	443 000	83 000	597 000	1 478 000
Expenditure	381 000	118 000	600 000	1 267 000
Operating Profit	61 000	−35 000	−3 000	210 000
Financial Income	0	17 000	249 000	181 000
Financial Costs	0	0	176 000	0
Financial Balance	0	17 000	73 000	181 000
Earnings Before Tax	61 000	−18 000	69 000	391 000
Tax	6 000	0	−3 000	47 000
Net Income	56 000	−18 000	72 000	344 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 000	0	0	0
Total Current Assets	361 000	419 000	1 159 000	2 216 000
Total Assets	374 000	419 000	1 159 000	2 216 000
Total Retained Equity	240 000	284 000	803 000	1 281 000
Total Equity	262 000	306 000	825 000	1 303 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	112 000	113 000	334 000	913 000
Total Equity and Debt	374 000	419 000	1 159 000	2 216 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	443 000	83 000	597 000	1 478 000
Other Income	0	0	0	0
Revenue	443 000	83 000	597 000	1 478 000
Cost of Goods Sold	19 000	−12 000	0	71 000
Salary Costs	187 000	1 000	379 000	928 000
Depreciation	3 000	0	0	0
Impairment	0	0	0	0
Expenditure	381 000	118 000	600 000	1 267 000
Operating Profit	61 000	−35 000	−3 000	210 000
Financial Income	0	17 000	249 000	181 000
Financial Costs	0	0	176 000	0
Financial Balance	0	17 000	73 000	181 000
Dividends	0	0	0	0
Net Income	56 000	−18 000	72 000	344 000

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	14 000	0	0	0
Total Tangible Assets	14 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	14 000	0	0	0
Stock	0	0	0	0
Total Investments	205 000	128 000	0	1 371 000
Cash, Bank	155 000	290 000	1 112 000	616 000
Total Current Assets	361 000	419 000	1 159 000	2 216 000
Total Assets	374 000	419 000	1 159 000	2 216 000
Total Equity	262 000	306 000	825 000	1 303 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	10 000
Unpaid Taxes	75 000	1 000	0	306 000
Dividends	0	0	0	0
Other Current Debt	32 000	112 000	334 000	550 000
Total Current Debt	112 000	113 000	334 000	913 000
Total Equity and Debt	374 000	419 000	1 159 000	2 216 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,37 %	−5,88 %	8,73 %	26,4 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	13,77 %	−42,17 %	−0,5 %	14,21 %
Current Ratio	3,22	3,71	3,47	2,43
Quick Ratio	3,22	3,71	3,47	2,43
Equity Ratio	0,7	0,73	0,71	0,59
Gross Profit Margin	95,71 %	114,46 %	100 %	95,2 %