ABECO AS

5137 MJØLKERÅEN

Finances

Share Ownership

Return on Equity

46,48 %

Current Ratio

3,3

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 929 000	1 730 000	1 693 000	1 656 000
Net Income	422 000	501 000	191 000	74 000
Total Assets	1 292 000	1 132 000	642 000	524 000
Total Equity	908 000	786 000	285 000	94 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 929 000	1 730 000	1 693 000	1 656 000
Expenditure	1 386 000	1 085 000	1 483 000	1 575 000
Operating Profit	543 000	644 000	210 000	80 000
Financial Income	0	0	0	0
Financial Costs	1 000	1 000	5 000	7 000
Financial Balance	−1 000	−1 000	−5 000	−7 000
Earnings Before Tax	542 000	643 000	205 000	74 000
Tax	120 000	142 000	14 000	0
Net Income	422 000	501 000	191 000	74 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	24 000	42 000	10 000	40 000
Total Current Assets	1 268 000	1 090 000	632 000	483 000
Total Assets	1 292 000	1 132 000	642 000	524 000
Total Retained Equity	878 000	756 000	255 000	64 000
Total Equity	908 000	786 000	285 000	94 000
Total Long-Term Debt	0	0	13 000	43 000
Total Current Debt	384 000	346 000	344 000	387 000
Total Equity and Debt	1 292 000	1 132 000	642 000	524 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 929 000	1 730 000	1 693 000	1 656 000
Other Income	0	0	0	0
Revenue	1 929 000	1 730 000	1 693 000	1 656 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 017 000	724 000	1 070 000	1 171 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 386 000	1 085 000	1 483 000	1 575 000
Operating Profit	543 000	644 000	210 000	80 000
Financial Income	0	0	0	0
Financial Costs	1 000	1 000	5 000	7 000
Financial Balance	−1 000	−1 000	−5 000	−7 000
Dividends	300 000	0	0	0
Net Income	422 000	501 000	191 000	74 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	24 000	42 000	10 000	40 000
Total Fixed Assets	24 000	42 000	10 000	40 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 046 000	897 000	432 000	303 000
Total Current Assets	1 268 000	1 090 000	632 000	483 000
Total Assets	1 292 000	1 132 000	642 000	524 000
Total Equity	908 000	786 000	285 000	94 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	13 000	43 000
Creditors	27 000	24 000	28 000	19 000
Unpaid Taxes	144 000	118 000	161 000	158 000
Dividends	300 000	0	0	0
Other Current Debt	93 000	63 000	141 000	210 000
Total Current Debt	384 000	346 000	344 000	387 000
Total Equity and Debt	1 292 000	1 132 000	642 000	524 000

Financial indicators	2022	2021	2020	2019
Return on Equity	46,48 %	63,74 %	67,02 %	78,72 %
Debt-to-Equity Ratio	0	0	0,05	0,46
Operating Profit Margin	28,15 %	37,23 %	12,4 %	4,83 %
Current Ratio	3,3	3,15	1,84	1,25
Quick Ratio	3,3	3,15	1,84	1,25
Equity Ratio	0,7	0,69	0,44	0,18
Gross Profit Margin	100 %	100 %	100 %	100 %