ABEL ENGH AS

3011 DRAMMEN

Finances

Share Ownership

Return on Equity

−10,93 %

Current Ratio

8,54

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	23 000	497 000	499 000	401 000
Net Income	−47 000	490 000	419 000	594 000
Total Assets	469 000	708 000	1 909 000	2 563 000
Total Equity	430 000	511 000	1 721 000	2 482 000

Income (NOK)	2022	2021	2020	2019
Revenue	23 000	497 000	499 000	401 000
Expenditure	73 000	115 000	120 000	152 000
Operating Profit	−50 000	381 000	379 000	249 000
Financial Income	3 000	599 000	129 000	444 000
Financial Costs	0	403 000	3 000	31 000
Financial Balance	3 000	196 000	126 000	413 000
Earnings Before Tax	−47 000	577 000	506 000	662 000
Tax	0	86 000	86 000	68 000
Net Income	−47 000	490 000	419 000	594 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	135 000	135 000	135 000	139 000
Total Current Assets	333 000	573 000	1 773 000	2 424 000
Total Assets	469 000	708 000	1 909 000	2 563 000
Total Retained Equity	396 000	478 000	1 687 000	2 448 000
Total Equity	430 000	511 000	1 721 000	2 482 000
Total Long-Term Debt	0	0	0	2 000
Total Current Debt	39 000	197 000	188 000	79 000
Total Equity and Debt	469 000	708 000	1 909 000	2 563 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	23 000	497 000	499 000	401 000
Other Income	0	0	0	0
Revenue	23 000	497 000	499 000	401 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	3 000	1 000	4 000
Depreciation	0	0	3 000	5 000
Impairment	0	0	0	0
Expenditure	73 000	115 000	120 000	152 000
Operating Profit	−50 000	381 000	379 000	249 000
Financial Income	3 000	599 000	129 000	444 000
Financial Costs	0	403 000	3 000	31 000
Financial Balance	3 000	196 000	126 000	413 000
Dividends	34 000	1 700 000	1 180 000	2 400 000
Net Income	−47 000	490 000	419 000	594 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	135 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	135 000	135 000	139 000
Total Tangible Assets	135 000	135 000	135 000	139 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	135 000	135 000	135 000	139 000
Stock	0	0	0	0
Total Investments	0	0	1 588 000	1 464 000
Cash, Bank	285 000	535 000	177 000	838 000
Total Current Assets	333 000	573 000	1 773 000	2 424 000
Total Assets	469 000	708 000	1 909 000	2 563 000
Total Equity	430 000	511 000	1 721 000	2 482 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	2 000
Creditors	4 000	5 000	6 000	7 000
Unpaid Taxes	0	106 000	127 000	37 000
Dividends	34 000	1 700 000	1 180 000	2 400 000
Other Current Debt	0	0	−33 000	−33 000
Total Current Debt	39 000	197 000	188 000	79 000
Total Equity and Debt	469 000	708 000	1 909 000	2 563 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−10,93 %	95,89 %	24,35 %	23,93 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−217,39 %	76,66 %	75,95 %	62,09 %
Current Ratio	8,54	2,91	9,43	30,68
Quick Ratio	8,54	2,91	9,43	30,68
Equity Ratio	0,92	0,72	0,9	0,97
Gross Profit Margin	100 %	100 %	100 %	100 %