ABG PAYMENT SYSTEMS AS

3039 DRAMMEN

Finances

Share Ownership

Return on Equity

155,17 %

Current Ratio

Debt-to-Equity Ratio

−2,41

Key figures (NOK)	2021	2020	2019	2018
Revenue	12 000	265 000	276 000	0
Net Income	−90 000	−103 000	−65 000	−20 000
Total Assets	333 000	211 000	169 000	14 000
Total Equity	−58 000	0	0	4 000

Income (NOK)	2021	2020	2019	2018
Revenue	12 000	265 000	276 000	0
Expenditure	125 000	368 000	341 000	27 000
Operating Profit	−113 000	−103 000	−65 000	−27 000
Financial Income	0	0	0	0
Financial Costs	2 000	0	0	0
Financial Balance	−2 000	0	0	0
Earnings Before Tax	−115 000	−103 000	−65 000	−27 000
Tax	−25 000	0	0	−7 000
Net Income	−90 000	−103 000	−65 000	−20 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	333 000	201 000	99 000	7 000
Total Current Assets	0	10 000	70 000	7 000
Total Assets	333 000	211 000	169 000	14 000
Total Retained Equity	−88 000	−30 000	−30 000	−20 000
Total Equity	−58 000	0	0	4 000
Total Long-Term Debt	140 000	0	0	0
Total Current Debt	251 000	211 000	169 000	10 000
Total Equity and Debt	333 000	211 000	169 000	14 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	12 000	265 000	276 000	0
Other Income	0	0	0	0
Revenue	12 000	265 000	276 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	125 000	368 000	341 000	27 000
Operating Profit	−113 000	−103 000	−65 000	−27 000
Financial Income	0	0	0	0
Financial Costs	2 000	0	0	0
Financial Balance	−2 000	0	0	0
Dividends	0	0	0	0
Net Income	−90 000	−103 000	−65 000	−20 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	150 000	150 000	0	0
Total Intangible Assets	175 000	150 000	0	7 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	58 000	51 000	99 000	0
Total Tangible Assets	58 000	51 000	99 000	0
Total Fiancial Fixed Assets	100 000	0	0	0
Total Fixed Assets	333 000	201 000	99 000	7 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	3 000	70 000	0
Total Current Assets	0	10 000	70 000	7 000
Total Assets	333 000	211 000	169 000	14 000
Total Equity	−58 000	0	0	4 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	140 000	0	0	0
Creditors	246 000	202 000	131 000	10 000
Unpaid Taxes	5 000	9 000	38 000	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	251 000	211 000	169 000	10 000
Total Equity and Debt	333 000	211 000	169 000	14 000

Financial indicators	2021	2020	2019	2018
Return on Equity	155,17 %	-	-	−500 %
Debt-to-Equity Ratio	−2,41	-	-	0
Operating Profit Margin	−941,67 %	−38,87 %	−23,55 %	-
Current Ratio	0	0,05	0,41	0,7
Quick Ratio	0	0,05	0,41	0,7
Equity Ratio	−0,17	0	0	0,29
Gross Profit Margin	100 %	100 %	100 %	-