ABSOLUTT LÅS AS

1254 OSLO

Finances

Share Ownership

Return on Equity

9,09 %

Current Ratio

5,39

Debt-to-Equity Ratio

9,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	275 000	226 000	254 000	220 000
Net Income	3 000	−87 000	−16 000	48 000
Total Assets	365 000	187 000	331 000	105 000
Total Equity	33 000	−13 000	75 000	97 000

Income (NOK)	2022	2021	2020	2019
Revenue	275 000	226 000	254 000	220 000
Expenditure	229 000	299 000	280 000	171 000
Operating Profit	46 000	−72 000	−26 000	48 000
Financial Income	0	0	0	0
Financial Costs	10 000	9 000	2 000	0
Financial Balance	−10 000	−9 000	−2 000	0
Earnings Before Tax	35 000	−81 000	−29 000	48 000
Tax	32 000	6 000	−12 000	0
Net Income	3 000	−87 000	−16 000	48 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	187 000	117 000	247 000	43 000
Total Current Assets	178 000	70 000	84 000	62 000
Total Assets	365 000	187 000	331 000	105 000
Total Retained Equity	3 000	−37 000	50 000	73 000
Total Equity	33 000	−13 000	75 000	97 000
Total Long-Term Debt	299 000	119 000	247 000	0
Total Current Debt	33 000	80 000	10 000	8 000
Total Equity and Debt	365 000	187 000	331 000	105 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	275 000	226 000	254 000	220 000
Other Income	0	0	0	0
Revenue	275 000	226 000	254 000	220 000
Cost of Goods Sold	116 000	132 000	194 000	145 000
Salary Costs	0	0	0	0
Depreciation	47 000	124 000	16 000	1 000
Impairment	0	0	0	0
Expenditure	229 000	299 000	280 000	171 000
Operating Profit	46 000	−72 000	−26 000	48 000
Financial Income	0	0	0	0
Financial Costs	10 000	9 000	2 000	0
Financial Balance	−10 000	−9 000	−2 000	0
Dividends	0	0	0	0
Net Income	3 000	−87 000	−16 000	48 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	6 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	187 000	117 000	241 000	43 000
Total Tangible Assets	187 000	117 000	241 000	43 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	187 000	117 000	247 000	43 000
Stock	0	0	0	1 000
Total Investments	0	0	0	0
Cash, Bank	151 000	41 000	41 000	61 000
Total Current Assets	178 000	70 000	84 000	62 000
Total Assets	365 000	187 000	331 000	105 000
Total Equity	33 000	−13 000	75 000	97 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	299 000	119 000	247 000	0
Creditors	6 000	22 000	2 000	4 000
Unpaid Taxes	3 000	2 000	7 000	4 000
Dividends	0	0	0	0
Other Current Debt	25 000	50 000	0	0
Total Current Debt	33 000	80 000	10 000	8 000
Total Equity and Debt	365 000	187 000	331 000	105 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,09 %	669,23 %	−21,33 %	49,48 %
Debt-to-Equity Ratio	9,06	−9,15	3,29	0
Operating Profit Margin	16,73 %	−31,86 %	−10,24 %	21,82 %
Current Ratio	5,39	0,88	8,4	7,75
Quick Ratio	5,39	0,88	8,4	8,86
Equity Ratio	0,09	−0,07	0,23	0,92
Gross Profit Margin	57,82 %	41,59 %	23,62 %	34,09 %