ABELON MANAGEMENT AS

4016 STAVANGER

Finances

Share Ownership

Return on Equity

118,45 %

Current Ratio

1,58

Debt-to-Equity Ratio

−13,6

Key figures (NOK)	2022	2021	2020	2019
Revenue	32 062 000	26 311 000	54 709 000	149 413 000
Net Income	−642 000	−4 718 000	−3 838 000	4 934 000
Total Assets	15 967 000	11 996 000	19 633 000	41 380 000
Total Equity	−542 000	100 000	3 778 000	7 616 000

Income (NOK)	2022	2021	2020	2019
Revenue	32 062 000	26 311 000	54 709 000	149 413 000
Expenditure	32 521 000	32 302 000	59 573 000	142 733 000
Operating Profit	−459 000	−5 991 000	−4 865 000	6 680 000
Financial Income	0	0	3 000	6 000
Financial Costs	365 000	58 000	22 000	254 000
Financial Balance	−365 000	−58 000	−19 000	−248 000
Earnings Before Tax	−823 000	−6 048 000	−4 884 000	6 432 000
Tax	−181 000	−1 330 000	−1 046 000	1 498 000
Net Income	−642 000	−4 718 000	−3 838 000	4 934 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 526 000	1 345 000	129 000	515 000
Total Current Assets	14 441 000	10 652 000	19 503 000	40 866 000
Total Assets	15 967 000	11 996 000	19 633 000	41 380 000
Total Retained Equity	−642 000	0	3 678 000	7 516 000
Total Equity	−542 000	100 000	3 778 000	7 616 000
Total Long-Term Debt	7 371 000	4 000 000	106 000	411 000
Total Current Debt	9 138 000	7 896 000	15 749 000	33 354 000
Total Equity and Debt	15 967 000	11 996 000	19 633 000	41 380 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	32 062 000	26 014 000	53 759 000	149 345 000
Other Income	0	297 000	949 000	69 000
Revenue	32 062 000	26 311 000	54 709 000	149 413 000
Cost of Goods Sold	120 000	257 000	286 000	5 436 000
Salary Costs	29 701 000	28 302 000	49 469 000	121 902 000
Depreciation	0	60 000	90 000	110 000
Impairment	0	0	0	0
Expenditure	32 521 000	32 302 000	59 573 000	142 733 000
Operating Profit	−459 000	−5 991 000	−4 865 000	6 680 000
Financial Income	0	0	3 000	6 000
Financial Costs	365 000	58 000	22 000	254 000
Financial Balance	−365 000	−58 000	−19 000	−248 000
Dividends	0	0	0	0
Net Income	−642 000	−4 718 000	−3 838 000	4 934 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 526 000	1 345 000	14 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	115 000	515 000
Total Tangible Assets	0	0	115 000	515 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 526 000	1 345 000	129 000	515 000
Stock	0	36 000	36 000	36 000
Total Investments	0	0	0	0
Cash, Bank	4 916 000	4 996 000	4 970 000	8 737 000
Total Current Assets	14 441 000	10 652 000	19 503 000	40 866 000
Total Assets	15 967 000	11 996 000	19 633 000	41 380 000
Total Equity	−542 000	100 000	3 778 000	7 616 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 371 000	4 000 000	106 000	411 000
Creditors	225 000	393 000	952 000	1 879 000
Unpaid Taxes	2 889 000	2 073 000	4 444 000	10 651 000
Dividends	0	0	0	0
Other Current Debt	6 024 000	5 430 000	10 353 000	19 350 000
Total Current Debt	9 138 000	7 896 000	15 749 000	33 354 000
Total Equity and Debt	15 967 000	11 996 000	19 633 000	41 380 000

Financial indicators	2022	2021	2020	2019
Return on Equity	118,45 %	−4 718 %	−101,59 %	64,78 %
Debt-to-Equity Ratio	−13,6	40	0,03	0,05
Operating Profit Margin	−1,43 %	−22,77 %	−8,89 %	4,47 %
Current Ratio	1,58	1,35	1,24	1,23
Quick Ratio	1,58	1,36	1,24	1,23
Equity Ratio	−0,03	0,01	0,19	0,18
Gross Profit Margin	99,63 %	99,02 %	99,48 %	96,36 %