ABSNET AS

0250 OSLO

Finances

Share Ownership

Return on Equity

46,67 %

Current Ratio

0,06

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 613 000	8 740 000	7 222 000	8 706 000
Net Income	−525 000	−1 035 000	69 000	1 276 000
Total Assets	6 413 000	8 216 000	8 856 000	3 310 000
Total Equity	−1 125 000	−600 000	434 000	365 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 613 000	8 740 000	7 222 000	8 706 000
Expenditure	11 081 000	9 913 000	7 118 000	7 062 000
Operating Profit	−467 000	−1 173 000	105 000	1 644 000
Financial Income	3 000	1 000	3 000	2 000
Financial Costs	60 000	14 000	19 000	10 000
Financial Balance	−57 000	−13 000	−16 000	−8 000
Earnings Before Tax	−525 000	−1 185 000	89 000	1 636 000
Tax	0	−151 000	20 000	360 000
Net Income	−525 000	−1 035 000	69 000	1 276 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 989 000	6 744 000	7 510 000	89 000
Total Current Assets	425 000	1 473 000	1 346 000	3 220 000
Total Assets	6 413 000	8 216 000	8 856 000	3 310 000
Total Retained Equity	−1 155 000	−630 000	404 000	335 000
Total Equity	−1 125 000	−600 000	434 000	365 000
Total Long-Term Debt	0	0	151 000	1 000
Total Current Debt	7 538 000	8 817 000	8 271 000	2 944 000
Total Equity and Debt	6 413 000	8 216 000	8 856 000	3 310 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 613 000	8 740 000	7 931 000	8 694 000
Other Income	0	0	−709 000	12 000
Revenue	10 613 000	8 740 000	7 222 000	8 706 000
Cost of Goods Sold	3 858 000	2 774 000	1 963 000	2 437 000
Salary Costs	4 740 000	4 657 000	3 396 000	3 092 000
Depreciation	755 000	767 000	80 000	12 000
Impairment	0	0	0	0
Expenditure	11 081 000	9 913 000	7 118 000	7 062 000
Operating Profit	−467 000	−1 173 000	105 000	1 644 000
Financial Income	3 000	1 000	3 000	2 000
Financial Costs	60 000	14 000	19 000	10 000
Financial Balance	−57 000	−13 000	−16 000	−8 000
Dividends	0	0	0	1 300 000
Net Income	−525 000	−1 035 000	69 000	1 276 000

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	5 938 000	6 692 000	7 459 000	39 000
Total Tangible Assets	5 938 000	6 692 000	7 459 000	39 000
Total Fiancial Fixed Assets	51 000	51 000	51 000	51 000
Total Fixed Assets	5 989 000	6 744 000	7 510 000	89 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	115 000	557 000	472 000	821 000
Total Current Assets	425 000	1 473 000	1 346 000	3 220 000
Total Assets	6 413 000	8 216 000	8 856 000	3 310 000
Total Equity	−1 125 000	−600 000	434 000	365 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	151 000	1 000
Creditors	727 000	811 000	166 000	250 000
Unpaid Taxes	1 064 000	888 000	618 000	737 000
Dividends	0	0	0	1 300 000
Other Current Debt	5 748 000	7 118 000	7 487 000	297 000
Total Current Debt	7 538 000	8 817 000	8 271 000	2 944 000
Total Equity and Debt	6 413 000	8 216 000	8 856 000	3 310 000

Financial indicators	2022	2021	2020	2019
Return on Equity	46,67 %	172,5 %	15,9 %	349,59 %
Debt-to-Equity Ratio	−0	−0	0,35	0
Operating Profit Margin	−4,4 %	−13,42 %	1,45 %	18,88 %
Current Ratio	0,06	0,17	0,16	1,09
Quick Ratio	0,06	0,17	0,16	1,09
Equity Ratio	−0,18	−0,07	0,05	0,11
Gross Profit Margin	63,65 %	68,26 %	72,82 %	72,01 %