ABICO AS

1396 BILLINGSTAD

Finances

Share Ownership

Return on Equity

56,57 %

Current Ratio

2,32

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	44 456 000	34 807 000	12 623 000	9 518 000
Net Income	2 761 000	795 000	266 000	34 000
Total Assets	7 812 000	7 412 000	4 452 000	2 863 000
Total Equity	4 881 000	2 119 000	1 324 000	1 058 000

Income (NOK)	2022	2021	2020	2019
Revenue	44 456 000	34 807 000	12 623 000	9 518 000
Expenditure	40 834 000	33 716 000	12 235 000	9 435 000
Operating Profit	3 622 000	1 091 000	388 000	83 000
Financial Income	28 000	10 000	4 000	2 000
Financial Costs	101 000	76 000	44 000	34 000
Financial Balance	−73 000	−66 000	−40 000	−32 000
Earnings Before Tax	3 549 000	1 024 000	349 000	51 000
Tax	787 000	229 000	83 000	17 000
Net Income	2 761 000	795 000	266 000	34 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 309 000	1 276 000	1 694 000	1 354 000
Total Current Assets	6 503 000	6 136 000	2 758 000	1 509 000
Total Assets	7 812 000	7 412 000	4 452 000	2 863 000
Total Retained Equity	4 781 000	2 019 000	1 224 000	958 000
Total Equity	4 881 000	2 119 000	1 324 000	1 058 000
Total Long-Term Debt	123 000	861 000	1 409 000	1 012 000
Total Current Debt	2 808 000	4 431 000	1 719 000	793 000
Total Equity and Debt	7 812 000	7 412 000	4 452 000	2 863 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	43 981 000	34 807 000	12 525 000	9 416 000
Other Income	475 000	0	98 000	102 000
Revenue	44 456 000	34 807 000	12 623 000	9 518 000
Cost of Goods Sold	28 804 000	22 814 000	241 000	325 000
Salary Costs	4 913 000	4 952 000	4 930 000	4 277 000
Depreciation	491 000	418 000	347 000	279 000
Impairment	0	0	0	0
Expenditure	40 834 000	33 716 000	12 235 000	9 435 000
Operating Profit	3 622 000	1 091 000	388 000	83 000
Financial Income	28 000	10 000	4 000	2 000
Financial Costs	101 000	76 000	44 000	34 000
Financial Balance	−73 000	−66 000	−40 000	−32 000
Dividends	0	0	0	0
Net Income	2 761 000	795 000	266 000	34 000

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	1 309 000	1 276 000	1 694 000	1 354 000
Total Tangible Assets	1 309 000	1 276 000	1 694 000	1 354 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 309 000	1 276 000	1 694 000	1 354 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 846 000	1 426 000	445 000	144 000
Total Current Assets	6 503 000	6 136 000	2 758 000	1 509 000
Total Assets	7 812 000	7 412 000	4 452 000	2 863 000
Total Equity	4 881 000	2 119 000	1 324 000	1 058 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	123 000	861 000	1 409 000	1 012 000
Creditors	1 313 000	2 593 000	922 000	92 000
Unpaid Taxes	25 000	460 000	272 000	213 000
Dividends	0	0	0	0
Other Current Debt	730 000	1 122 000	484 000	489 000
Total Current Debt	2 808 000	4 431 000	1 719 000	793 000
Total Equity and Debt	7 812 000	7 412 000	4 452 000	2 863 000

Financial indicators	2022	2021	2020	2019
Return on Equity	56,57 %	37,52 %	20,09 %	3,21 %
Debt-to-Equity Ratio	0,03	0,41	1,06	0,96
Operating Profit Margin	8,15 %	3,13 %	3,07 %	0,87 %
Current Ratio	2,32	1,38	1,6	1,9
Quick Ratio	2,32	1,38	1,6	1,9
Equity Ratio	0,62	0,29	0,3	0,37
Gross Profit Margin	35,21 %	34,46 %	98,09 %	96,59 %