ABB ELECTRIFICATION NORWAY AS

3716 SKIEN

Finances

Share Ownership

Return on Equity

10,79 %

Current Ratio

1,4

Debt-to-Equity Ratio

1,98

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 326 836 000	2 966 803 000	2 834 985 000	2 694 197 000
Net Income	22 074 000	185 051 000	108 389 000	144 151 000
Total Assets	1 553 089 000	1 528 300 000	1 328 682 000	1 346 350 000
Total Equity	204 590 000	224 510 000	224 074 000	223 429 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 326 836 000	2 966 803 000	2 834 985 000	2 694 197 000
Expenditure	3 325 222 000	2 853 670 000	2 742 131 000	2 484 551 000
Operating Profit	63 080 000	121 415 000	120 606 000	218 462 000
Financial Income	24 762 000	139 324 000	30 417 000	35 272 000
Financial Costs	59 241 000	23 072 000	11 327 000	68 331 000
Financial Balance	−34 479 000	116 252 000	19 090 000	−33 059 000
Earnings Before Tax	28 601 000	237 667 000	139 697 000	185 403 000
Tax	6 527 000	52 616 000	31 308 000	41 252 000
Net Income	22 074 000	185 051 000	108 389 000	144 151 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	234 416 000	232 939 000	238 931 000	233 432 000
Total Current Assets	1 318 673 000	1 295 361 000	1 089 751 000	1 112 918 000
Total Assets	1 553 089 000	1 528 300 000	1 328 682 000	1 346 350 000
Total Retained Equity	144 140 000	164 060 000	163 624 000	0
Total Equity	204 590 000	224 510 000	224 074 000	223 429 000
Total Long-Term Debt	405 865 000	72 883 000	58 756 000	51 269 000
Total Current Debt	942 634 000	1 230 909 000	1 045 851 000	1 071 651 000
Total Equity and Debt	1 553 089 000	1 528 302 000	1 328 682 000	1 346 349 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 326 836 000	2 966 803 000	2 834 985 000	2 694 197 000
Other Income	0	0	0	0
Revenue	3 326 836 000	2 966 803 000	2 834 985 000	2 694 197 000
Cost of Goods Sold	2 207 355 000	1 740 738 000	1 676 025 000	1 439 052 000
Salary Costs	682 204 000	646 401 000	621 706 000	574 805 000
Depreciation	17 222 000	15 883 000	15 176 000	11 710 000
Impairment	0	0	0	0
Expenditure	3 325 222 000	2 853 670 000	2 742 131 000	2 484 551 000
Operating Profit	63 080 000	121 415 000	120 606 000	218 462 000
Financial Income	24 762 000	139 324 000	30 417 000	35 272 000
Financial Costs	59 241 000	23 072 000	11 327 000	68 331 000
Financial Balance	−34 479 000	116 252 000	19 090 000	−33 059 000
Dividends	0	40 000 000	106 000 000	100 000 000
Net Income	22 074 000	185 051 000	108 389 000	144 151 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	1 318 000	228 000	285 000	464 000
Total Intangible Assets	1 318 000	228 000	285 000	464 000
Real Eastate	22 295 000	24 919 000	27 269 000	23 822 000
Machinery and Plant Facilities	51 431 000	46 645 000	48 482 000	51 975 000
Fixtures	0	0	0	0
Total Tangible Assets	73 726 000	71 564 000	75 751 000	75 797 000
Total Fiancial Fixed Assets	159 372 000	161 147 000	162 895 000	157 171 000
Total Fixed Assets	234 416 000	232 939 000	238 931 000	233 432 000
Stock	377 142 000	241 152 000	251 705 000	198 036 000
Total Investments	0	0	0	0
Cash, Bank	0	11 957 000	36 798 000	27 678 000
Total Current Assets	1 318 673 000	1 295 361 000	1 089 751 000	1 112 918 000
Total Assets	1 553 089 000	1 528 300 000	1 328 682 000	1 346 350 000
Total Equity	204 590 000	224 510 000	224 074 000	223 429 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	405 865 000	72 883 000	58 756 000	51 269 000
Creditors	472 925 000	337 350 000	320 162 000	285 960 000
Unpaid Taxes	0	0	0	0
Dividends	0	40 000 000	106 000 000	100 000 000
Other Current Debt	458 226 000	853 559 000	584 005 000	645 841 000
Total Current Debt	942 634 000	1 230 909 000	1 045 851 000	1 071 651 000
Total Equity and Debt	1 553 089 000	1 528 302 000	1 328 682 000	1 346 349 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,79 %	82,42 %	48,37 %	64,52 %
Debt-to-Equity Ratio	1,98	0,32	0,26	0,23
Operating Profit Margin	1,9 %	4,09 %	4,25 %	8,11 %
Current Ratio	1,4	1,05	1,04	1,04
Quick Ratio	2,33	1,31	1,37	1,27
Equity Ratio	0,13	0,15	0,17	0,17
Gross Profit Margin	33,65 %	41,33 %	40,88 %	46,59 %