ABLECON AS

3117 TØNSBERG

Finances

Return on Equity

−13,43 %

Current Ratio

4,21

Debt-to-Equity Ratio

2,83

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 597 000	5 210 000	4 922 000	5 020 000
Net Income	−312 000	483 000	−157 000	773 000
Total Assets	9 934 000	11 070 000	10 043 000	10 616 000
Total Equity	2 324 000	2 786 000	2 303 000	2 460 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 597 000	5 210 000	4 922 000	5 020 000
Expenditure	6 865 000	4 326 000	4 964 000	3 848 000
Operating Profit	−268 000	883 000	−43 000	1 172 000
Financial Income	22 000	4 000	19 000	43 000
Financial Costs	254 000	346 000	338 000	299 000
Financial Balance	−232 000	−342 000	−319 000	−256 000
Earnings Before Tax	−499 000	541 000	−362 000	916 000
Tax	−187 000	58 000	−205 000	143 000
Net Income	−312 000	483 000	−157 000	773 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 614 000	6 854 000	6 372 000	7 641 000
Total Current Assets	4 320 000	4 216 000	3 671 000	2 975 000
Total Assets	9 934 000	11 070 000	10 043 000	10 616 000
Total Retained Equity	2 302 000	2 764 000	2 281 000	2 438 000
Total Equity	2 324 000	2 786 000	2 303 000	2 460 000
Total Long-Term Debt	6 584 000	7 630 000	7 089 000	7 422 000
Total Current Debt	1 026 000	654 000	651 000	734 000
Total Equity and Debt	9 934 000	11 070 000	10 043 000	10 616 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 216 000	4 849 000	4 351 000	4 747 000
Other Income	381 000	362 000	570 000	273 000
Revenue	6 597 000	5 210 000	4 922 000	5 020 000
Cost of Goods Sold	604 000	503 000	373 000	837 000
Salary Costs	3 394 000	1 591 000	1 567 000	998 000
Depreciation	1 452 000	1 450 000	2 299 000	1 025 000
Impairment	0	0	0	0
Expenditure	6 865 000	4 326 000	4 964 000	3 848 000
Operating Profit	−268 000	883 000	−43 000	1 172 000
Financial Income	22 000	4 000	19 000	43 000
Financial Costs	254 000	346 000	338 000	299 000
Financial Balance	−232 000	−342 000	−319 000	−256 000
Dividends	150 000	0	0	0
Net Income	−312 000	483 000	−157 000	773 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	5 469 000	6 631 000	6 144 000	7 432 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	17 000	0	0	0
Total Tangible Assets	17 000	0	0	0
Total Fiancial Fixed Assets	127 000	223 000	228 000	209 000
Total Fixed Assets	5 614 000	6 854 000	6 372 000	7 641 000
Stock	1 890 000	1 329 000	1 359 000	967 000
Total Investments	0	0	0	0
Cash, Bank	1 742 000	1 410 000	1 333 000	497 000
Total Current Assets	4 320 000	4 216 000	3 671 000	2 975 000
Total Assets	9 934 000	11 070 000	10 043 000	10 616 000
Total Equity	2 324 000	2 786 000	2 303 000	2 460 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 584 000	7 630 000	7 089 000	7 422 000
Creditors	233 000	82 000	85 000	64 000
Unpaid Taxes	429 000	253 000	278 000	297 000
Dividends	150 000	0	0	0
Other Current Debt	339 000	298 000	252 000	351 000
Total Current Debt	1 026 000	654 000	651 000	734 000
Total Equity and Debt	9 934 000	11 070 000	10 043 000	10 616 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−13,43 %	17,34 %	−6,82 %	31,42 %
Debt-to-Equity Ratio	2,83	2,74	3,08	3,02
Operating Profit Margin	−4,06 %	16,95 %	−0,87 %	23,35 %
Current Ratio	4,21	6,45	5,64	4,05
Quick Ratio	−5	−6,25	−5,19	−12,77
Equity Ratio	0,23	0,25	0,23	0,23
Gross Profit Margin	90,84 %	90,35 %	92,42 %	83,33 %