ABLE SOLUTIONS AS

0585 OSLO

Finances

Share Ownership

Return on Equity

2 726,67 %

Current Ratio

0,99

Debt-to-Equity Ratio

−0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 722 000	2 377 000	2 473 000	534 000
Net Income	818 000	362 000	453 000	45 000
Total Assets	1 373 000	956 000	954 000	388 000
Total Equity	30 000	30 000	488 000	35 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 722 000	2 377 000	2 473 000	534 000
Expenditure	1 674 000	1 915 000	1 888 000	477 000
Operating Profit	1 048 000	463 000	584 000	56 000
Financial Income	2 000	3 000	0	0
Financial Costs	1 000	0	4 000	0
Financial Balance	1 000	3 000	−4 000	0
Earnings Before Tax	1 049 000	465 000	580 000	56 000
Tax	231 000	102 000	128 000	11 000
Net Income	818 000	362 000	453 000	45 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	37 000	42 000	81 000	63 000
Total Current Assets	1 336 000	914 000	873 000	324 000
Total Assets	1 373 000	956 000	954 000	388 000
Total Retained Equity	0	0	458 000	5 000
Total Equity	30 000	30 000	488 000	35 000
Total Long-Term Debt	−1 000	2 000	4 000	4 000
Total Current Debt	1 345 000	923 000	462 000	349 000
Total Equity and Debt	1 373 000	956 000	954 000	388 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 722 000	2 377 000	2 473 000	534 000
Other Income	0	0	0	0
Revenue	2 722 000	2 377 000	2 473 000	534 000
Cost of Goods Sold	0	2 000	0	0
Salary Costs	1 308 000	1 694 000	1 528 000	367 000
Depreciation	2 000	39 000	33 000	9 000
Impairment	0	0	0	0
Expenditure	1 674 000	1 915 000	1 888 000	477 000
Operating Profit	1 048 000	463 000	584 000	56 000
Financial Income	2 000	3 000	0	0
Financial Costs	1 000	0	4 000	0
Financial Balance	1 000	3 000	−4 000	0
Dividends	818 000	362 000	0	40 000
Net Income	818 000	362 000	453 000	45 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	37 000	42 000	81 000	63 000
Total Tangible Assets	37 000	42 000	81 000	63 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	37 000	42 000	81 000	63 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	821 000	428 000	389 000	148 000
Total Current Assets	1 336 000	914 000	873 000	324 000
Total Assets	1 373 000	956 000	954 000	388 000
Total Equity	30 000	30 000	488 000	35 000
Short-Term Group Debt	818 000	0	0	0
Total Long-Term Debt	−1 000	2 000	4 000	4 000
Creditors	15 000	3 000	14 000	7 000
Unpaid Taxes	168 000	297 000	173 000	146 000
Dividends	818 000	362 000	0	40 000
Other Current Debt	109 000	157 000	148 000	149 000
Total Current Debt	1 345 000	923 000	462 000	349 000
Total Equity and Debt	1 373 000	956 000	954 000	388 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2 726,67 %	1 206,67 %	92,83 %	128,57 %
Debt-to-Equity Ratio	−0,03	0,07	0,01	0,11
Operating Profit Margin	38,5 %	19,48 %	23,62 %	10,49 %
Current Ratio	0,99	0,99	1,89	0,93
Quick Ratio	0,99	0,99	1,89	0,93
Equity Ratio	0,02	0,03	0,51	0,09
Gross Profit Margin	100 %	99,92 %	100 %	100 %