ABK MACHINES AS

5773 HOVLAND

Finances

Return on Equity

5,92 %

Current Ratio

2,84

Debt-to-Equity Ratio

0,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 145 000	11 579 000	17 000 000	18 460 000
Net Income	124 000	132 000	775 000	319 000
Total Assets	3 686 000	4 554 000	2 975 000	2 395 000
Total Equity	2 095 000	1 971 000	1 840 000	1 065 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 145 000	11 579 000	17 000 000	18 460 000
Expenditure	9 736 000	11 199 000	16 638 000	18 104 000
Operating Profit	410 000	379 000	362 000	356 000
Financial Income	4 000	15 000	706 000	132 000
Financial Costs	256 000	225 000	74 000	79 000
Financial Balance	−252 000	−210 000	632 000	53 000
Earnings Before Tax	158 000	169 000	994 000	410 000
Tax	35 000	37 000	219 000	91 000
Net Income	124 000	132 000	775 000	319 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	113 000	264 000	288 000	447 000
Total Current Assets	3 573 000	4 290 000	2 687 000	1 948 000
Total Assets	3 686 000	4 554 000	2 975 000	2 395 000
Total Retained Equity	1 995 000	1 871 000	1 740 000	965 000
Total Equity	2 095 000	1 971 000	1 840 000	1 065 000
Total Long-Term Debt	331 000	418 000	516 000	595 000
Total Current Debt	1 260 000	2 165 000	620 000	736 000
Total Equity and Debt	3 686 000	4 554 000	2 975 000	2 395 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 124 000	11 579 000	17 000 000	18 460 000
Other Income	21 000	0	0	0
Revenue	10 145 000	11 579 000	17 000 000	18 460 000
Cost of Goods Sold	8 329 000	10 137 000	15 248 000	16 590 000
Salary Costs	614 000	549 000	905 000	915 000
Depreciation	27 000	193 000	174 000	170 000
Impairment	0	0	0	0
Expenditure	9 736 000	11 199 000	16 638 000	18 104 000
Operating Profit	410 000	379 000	362 000	356 000
Financial Income	4 000	15 000	706 000	132 000
Financial Costs	256 000	225 000	74 000	79 000
Financial Balance	−252 000	−210 000	632 000	53 000
Dividends	0	0	0	0
Net Income	124 000	132 000	775 000	319 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	47 000	53 000	24 000	8 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	66 000	119 000	0	0
Fixtures	0	92 000	265 000	438 000
Total Tangible Assets	66 000	211 000	265 000	438 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	113 000	264 000	288 000	447 000
Stock	480 000	740 000	191 000	195 000
Total Investments	0	0	0	0
Cash, Bank	2 214 000	2 011 000	2 362 000	1 388 000
Total Current Assets	3 573 000	4 290 000	2 687 000	1 948 000
Total Assets	3 686 000	4 554 000	2 975 000	2 395 000
Total Equity	2 095 000	1 971 000	1 840 000	1 065 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	331 000	418 000	516 000	595 000
Creditors	135 000	1 715 000	232 000	471 000
Unpaid Taxes	120 000	38 000	77 000	90 000
Dividends	0	0	0	0
Other Current Debt	976 000	346 000	77 000	77 000
Total Current Debt	1 260 000	2 165 000	620 000	736 000
Total Equity and Debt	3 686 000	4 554 000	2 975 000	2 395 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,92 %	6,7 %	42,12 %	29,95 %
Debt-to-Equity Ratio	0,16	0,21	0,28	0,56
Operating Profit Margin	4,04 %	3,27 %	2,13 %	1,93 %
Current Ratio	2,84	1,98	4,33	2,65
Quick Ratio	4,58	3,01	6,26	3,6
Equity Ratio	0,57	0,43	0,62	0,44
Gross Profit Margin	17,9 %	12,45 %	10,31 %	10,13 %