ABACON ØKONOMI AS

5068 BERGEN

Finances

Share Ownership

Return on Equity

54,19 %

Current Ratio

0,96

Debt-to-Equity Ratio

1,71

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 801 000	7 827 000	5 858 000	4 059 000
Net Income	440 000	265 000	557 000	471 000
Total Assets	4 367 000	6 542 000	2 841 000	1 150 000
Total Equity	812 000	672 000	708 000	241 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 801 000	7 827 000	5 858 000	4 059 000
Expenditure	8 166 000	7 452 000	5 145 000	3 454 000
Operating Profit	636 000	375 000	714 000	605 000
Financial Income	9 000	3 000	2 000	1 000
Financial Costs	81 000	38 000	1 000	0
Financial Balance	−72 000	−35 000	1 000	1 000
Earnings Before Tax	564 000	340 000	714 000	606 000
Tax	124 000	75 000	158 000	135 000
Net Income	440 000	265 000	557 000	471 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 293 000	2 363 000	948 000	86 000
Total Current Assets	2 075 000	4 179 000	1 893 000	1 064 000
Total Assets	4 367 000	6 542 000	2 841 000	1 150 000
Total Retained Equity	392 000	252 000	288 000	31 000
Total Equity	812 000	672 000	708 000	241 000
Total Long-Term Debt	1 387 000	1 375 000	37 000	3 000
Total Current Debt	2 168 000	4 495 000	2 097 000	906 000
Total Equity and Debt	4 367 000	6 542 000	2 841 000	1 150 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 048 000	7 286 000	5 447 000	3 766 000
Other Income	753 000	542 000	410 000	293 000
Revenue	8 801 000	7 827 000	5 858 000	4 059 000
Cost of Goods Sold	3 023 000	2 397 000	2 078 000	1 809 000
Salary Costs	3 241 000	3 432 000	2 136 000	960 000
Depreciation	674 000	620 000	56 000	34 000
Impairment	0	0	0	0
Expenditure	8 166 000	7 452 000	5 145 000	3 454 000
Operating Profit	636 000	375 000	714 000	605 000
Financial Income	9 000	3 000	2 000	1 000
Financial Costs	81 000	38 000	1 000	0
Financial Balance	−72 000	−35 000	1 000	1 000
Dividends	300 000	300 000	300 000	450 000
Net Income	440 000	265 000	557 000	471 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	2 259 000	2 293 000	885 000	0
Total Intangible Assets	2 259 000	2 293 000	885 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	34 000	70 000	63 000	86 000
Total Tangible Assets	34 000	70 000	63 000	86 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 293 000	2 363 000	948 000	86 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 082 000	3 054 000	923 000	381 000
Total Current Assets	2 075 000	4 179 000	1 893 000	1 064 000
Total Assets	4 367 000	6 542 000	2 841 000	1 150 000
Total Equity	812 000	672 000	708 000	241 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 387 000	1 375 000	37 000	3 000
Creditors	1 112 000	3 509 000	1 244 000	89 000
Unpaid Taxes	260 000	270 000	218 000	142 000
Dividends	300 000	300 000	300 000	450 000
Other Current Debt	351 000	629 000	510 000	537 000
Total Current Debt	2 168 000	4 495 000	2 097 000	906 000
Total Equity and Debt	4 367 000	6 542 000	2 841 000	1 150 000

Financial indicators	2022	2021	2020	2019
Return on Equity	54,19 %	39,43 %	78,67 %	195,44 %
Debt-to-Equity Ratio	1,71	2,05	0,05	0,01
Operating Profit Margin	7,23 %	4,79 %	12,19 %	14,91 %
Current Ratio	0,96	0,93	0,9	1,17
Quick Ratio	0,96	0,93	0,9	1,17
Equity Ratio	0,19	0,1	0,25	0,21
Gross Profit Margin	65,65 %	69,38 %	64,53 %	55,43 %