ABELSEN & HIRTH EIENDOMSUTVIKLING AS

5267 ESPELAND

Finances

Return on Equity

2,71 %

Current Ratio

49,08

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	342 000	−24 000	1 227 000
Net Income	19 000	−76 000	729 000
Total Assets	714 000	715 000	999 000
Total Equity	702 000	683 000	759 000

Income (NOK)	2022	2021	2020
Revenue	342 000	−24 000	1 227 000
Expenditure	260 000	54 000	204 000
Operating Profit	83 000	−79 000	1 024 000
Financial Income	2 000	3 000	0
Financial Costs	66 000	0	89 000
Financial Balance	−64 000	3 000	−89 000
Earnings Before Tax	19 000	−76 000	934 000
Tax	0	0	206 000
Net Income	19 000	−76 000	729 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	126 000	134 000	43 000
Total Current Assets	589 000	581 000	956 000
Total Assets	714 000	715 000	999 000
Total Retained Equity	672 000	653 000	729 000
Total Equity	702 000	683 000	759 000
Total Long-Term Debt	0	0	0
Total Current Debt	12 000	32 000	240 000
Total Equity and Debt	714 000	715 000	999 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	342 000	−24 000	1 227 000
Revenue	342 000	−24 000	1 227 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	8 000	10 000	14 000
Impairment	0	0	0
Expenditure	260 000	54 000	204 000
Operating Profit	83 000	−79 000	1 024 000
Financial Income	2 000	3 000	0
Financial Costs	66 000	0	89 000
Financial Balance	−64 000	3 000	−89 000
Dividends	0	0	0
Net Income	19 000	−76 000	729 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	25 000	33 000	43 000
Total Tangible Assets	25 000	33 000	43 000
Total Fiancial Fixed Assets	101 000	101 000	0
Total Fixed Assets	126 000	134 000	43 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	589 000	581 000	953 000
Total Current Assets	589 000	581 000	956 000
Total Assets	714 000	715 000	999 000
Total Equity	702 000	683 000	759 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	0	0	6 000
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	12 000	32 000	29 000
Total Current Debt	12 000	32 000	240 000
Total Equity and Debt	714 000	715 000	999 000

Financial indicators	2022	2021	2020
Return on Equity	2,71 %	−11,13 %	96,05 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	24,27 %	329,17 %	83,46 %
Current Ratio	49,08	18,16	3,98
Quick Ratio	49,08	18,16	3,98
Equity Ratio	0,98	0,96	0,76
Gross Profit Margin	100 %	100 %	100 %