ABACS AS

6007 ÅLESUND

Finances

Return on Equity

4,19 %

Current Ratio

4,73

Debt-to-Equity Ratio

1,46

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 438 000	91 000	513 000	289 000
Net Income	911 000	−2 053 000	−784 000	790 000
Total Assets	53 768 000	51 603 000	52 929 000	53 628 000
Total Equity	21 754 000	20 843 000	22 896 000	23 680 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 438 000	91 000	513 000	289 000
Expenditure	431 000	459 000	478 000	532 000
Operating Profit	1 007 000	−368 000	35 000	−244 000
Financial Income	1 354 000	1 509 000	1 255 000	1 810 000
Financial Costs	1 400 000	3 194 000	2 079 000	787 000
Financial Balance	−46 000	−1 685 000	−824 000	1 023 000
Earnings Before Tax	960 000	−2 053 000	−790 000	779 000
Tax	49 000	0	−6 000	−11 000
Net Income	911 000	−2 053 000	−784 000	790 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	52 083 000	49 969 000	49 962 000	49 499 000
Total Current Assets	1 685 000	1 634 000	2 966 000	4 129 000
Total Assets	53 768 000	51 603 000	52 929 000	53 628 000
Total Retained Equity	12 933 000	12 022 000	14 075 000	14 858 000
Total Equity	21 754 000	20 843 000	22 896 000	23 680 000
Total Long-Term Debt	31 658 000	30 340 000	29 863 000	29 617 000
Total Current Debt	356 000	419 000	170 000	331 000
Total Equity and Debt	53 768 000	51 603 000	52 929 000	53 628 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 438 000	91 000	497 000	262 000
Other Income	0	0	15 000	26 000
Revenue	1 438 000	91 000	513 000	289 000
Cost of Goods Sold	0	39 000	0	29 000
Salary Costs	0	0	11 000	25 000
Depreciation	7 000	0	0	0
Impairment	0	0	0	0
Expenditure	431 000	459 000	478 000	532 000
Operating Profit	1 007 000	−368 000	35 000	−244 000
Financial Income	1 354 000	1 509 000	1 255 000	1 810 000
Financial Costs	1 400 000	3 194 000	2 079 000	787 000
Financial Balance	−46 000	−1 685 000	−824 000	1 023 000
Dividends	0	0	0	0
Net Income	911 000	−2 053 000	−784 000	790 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	10 015 000	10 015 000	9 636 000	9 636 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	103 000	0	0	0
Total Tangible Assets	10 118 000	10 015 000	9 636 000	9 636 000
Total Fiancial Fixed Assets	41 965 000	39 954 000	40 327 000	39 863 000
Total Fixed Assets	52 083 000	49 969 000	49 962 000	49 499 000
Stock	1 087 000	1 087 000	1 087 000	1 087 000
Total Investments	0	0	1 393 000	2 573 000
Cash, Bank	367 000	324 000	266 000	417 000
Total Current Assets	1 685 000	1 634 000	2 966 000	4 129 000
Total Assets	53 768 000	51 603 000	52 929 000	53 628 000
Total Equity	21 754 000	20 843 000	22 896 000	23 680 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	31 658 000	30 340 000	29 863 000	29 617 000
Creditors	29 000	24 000	32 000	43 000
Unpaid Taxes	0	0	0	1 000
Dividends	0	0	0	0
Other Current Debt	290 000	395 000	137 000	287 000
Total Current Debt	356 000	419 000	170 000	331 000
Total Equity and Debt	53 768 000	51 603 000	52 929 000	53 628 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,19 %	−9,85 %	−3,42 %	3,34 %
Debt-to-Equity Ratio	1,46	1,46	1,3	1,25
Operating Profit Margin	70,03 %	−404,4 %	6,82 %	−84,43 %
Current Ratio	4,73	3,9	17,45	12,47
Quick Ratio	−2,31	−2,45	−3,23	−5,46
Equity Ratio	0,4	0,4	0,43	0,44
Gross Profit Margin	100 %	57,14 %	100 %	89,97 %