ABRAXAS AS

1394 NESBRU

Finances

Return on Equity

−103,13 %

Current Ratio

6,55

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−9 756 000	447 000	15 243 000	9 196 000
Total Assets	11 164 000	22 915 000	28 962 000	16 441 000
Total Equity	9 460 000	21 216 000	25 019 000	13 526 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	155 000	214 000	171 000	181 000
Operating Profit	−155 000	−214 000	−171 000	−182 000
Financial Income	1 409 000	785 000	16 531 000	9 488 000
Financial Costs	11 010 000	123 000	1 117 000	110 000
Financial Balance	−9 601 000	662 000	15 414 000	9 378 000
Earnings Before Tax	−9 756 000	447 000	15 243 000	9 196 000
Tax	0	0	0	0
Net Income	−9 756 000	447 000	15 243 000	9 196 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 000	3 000	3 000	1 649 000
Total Current Assets	11 161 000	22 912 000	28 959 000	14 792 000
Total Assets	11 164 000	22 915 000	28 962 000	16 441 000
Total Retained Equity	9 210 000	20 966 000	24 769 000	13 276 000
Total Equity	9 460 000	21 216 000	25 019 000	13 526 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 704 000	1 698 000	3 943 000	2 915 000
Total Equity and Debt	11 164 000	22 915 000	28 962 000	16 441 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	40 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	155 000	214 000	171 000	181 000
Operating Profit	−155 000	−214 000	−171 000	−182 000
Financial Income	1 409 000	785 000	16 531 000	9 488 000
Financial Costs	11 010 000	123 000	1 117 000	110 000
Financial Balance	−9 601 000	662 000	15 414 000	9 378 000
Dividends	0	0	3 750 000	2 400 000
Net Income	−9 756 000	447 000	15 243 000	9 196 000

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	3 000	3 000	3 000	3 000
Total Tangible Assets	3 000	3 000	3 000	3 000
Total Fiancial Fixed Assets	0	0	0	1 646 000
Total Fixed Assets	3 000	3 000	3 000	1 649 000
Stock	0	0	0	0
Total Investments	10 621 000	22 231 000	26 973 000	12 992 000
Cash, Bank	354 000	494 000	1 985 000	1 769 000
Total Current Assets	11 161 000	22 912 000	28 959 000	14 792 000
Total Assets	11 164 000	22 915 000	28 962 000	16 441 000
Total Equity	9 460 000	21 216 000	25 019 000	13 526 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	5 000	0	59 000	9 000
Unpaid Taxes	0	0	0	7 000
Dividends	0	0	3 750 000	2 400 000
Other Current Debt	1 699 000	1 698 000	134 000	499 000
Total Current Debt	1 704 000	1 698 000	3 943 000	2 915 000
Total Equity and Debt	11 164 000	22 915 000	28 962 000	16 441 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−103,13 %	2,11 %	60,93 %	67,99 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	6,55	13,49	7,34	5,07
Quick Ratio	6,55	13,49	7,34	5,07
Equity Ratio	0,85	0,93	0,86	0,82
Gross Profit Margin	-	-	-	-