ABACO SHIPPING AS

0160 OSLO

Finances

Share Ownership

Return on Equity

1,23 %

Current Ratio

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	853 000	14 551 000	0	1 533 000
Net Income	263 000	11 405 000	−616 000	1 094 000
Total Assets	25 216 000	30 223 000	33 480 000	33 592 000
Total Equity	21 320 000	21 058 000	9 652 000	10 268 000

Income (NOK)	2022	2021	2020	2019
Revenue	853 000	14 551 000	0	1 533 000
Expenditure	582 000	2 806 000	94 000	100 000
Operating Profit	271 000	11 744 000	−94 000	1 433 000
Financial Income	78 000	0	33 000	214 000
Financial Costs	85 000	337 000	553 000	551 000
Financial Balance	−7 000	−337 000	−520 000	−337 000
Earnings Before Tax	264 000	11 407 000	−613 000	1 096 000
Tax	1 000	2 000	2 000	3 000
Net Income	263 000	11 405 000	−616 000	1 094 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	25 200 000	29 584 000	32 306 000	33 538 000
Total Current Assets	16 000	639 000	1 175 000	54 000
Total Assets	25 216 000	30 223 000	33 480 000	33 592 000
Total Retained Equity	−13 780 000	−14 042 000	−25 448 000	−24 832 000
Total Equity	21 320 000	21 058 000	9 652 000	10 268 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 896 000	9 165 000	23 828 000	23 323 000
Total Equity and Debt	25 216 000	30 223 000	33 480 000	33 592 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	853 000	14 551 000	0	1 533 000
Revenue	853 000	14 551 000	0	1 533 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	582 000	2 806 000	94 000	100 000
Operating Profit	271 000	11 744 000	−94 000	1 433 000
Financial Income	78 000	0	33 000	214 000
Financial Costs	85 000	337 000	553 000	551 000
Financial Balance	−7 000	−337 000	−520 000	−337 000
Dividends	0	0	0	0
Net Income	263 000	11 405 000	−616 000	1 094 000

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	25 200 000	29 584 000	32 306 000	33 538 000
Total Fixed Assets	25 200 000	29 584 000	32 306 000	33 538 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	16 000	639 000	739 000	54 000
Total Current Assets	16 000	639 000	1 175 000	54 000
Total Assets	25 216 000	30 223 000	33 480 000	33 592 000
Total Equity	21 320 000	21 058 000	9 652 000	10 268 000
Short-Term Group Debt	3 876 000	9 134 000	23 793 000	23 288 000
Total Long-Term Debt	0	0	0	0
Creditors	0	2 000	2 000	1 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	18 000	27 000	31 000	31 000
Total Current Debt	3 896 000	9 165 000	23 828 000	23 323 000
Total Equity and Debt	25 216 000	30 223 000	33 480 000	33 592 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,23 %	54,16 %	−6,38 %	10,65 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	31,77 %	80,71 %	-	93,48 %
Current Ratio	0	0,07	0,05	0
Quick Ratio	0	0,07	0,05	0
Equity Ratio	0,85	0,7	0,29	0,31
Gross Profit Margin	100 %	100 %	-	100 %