ABLE AS

4611 KRISTIANSAND S

Finances

Return on Equity

53,34 %

Current Ratio

2,4

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 691 000	14 786 000	15 880 000	13 261 000
Net Income	2 145 000	459 000	4 802 000	155 000
Total Assets	6 848 000	4 048 000	8 831 000	4 789 000
Total Equity	4 021 000	2 032 000	2 168 000	1 366 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 691 000	14 786 000	15 880 000	13 261 000
Expenditure	13 907 000	14 171 000	9 699 000	13 022 000
Operating Profit	2 783 000	615 000	6 181 000	238 000
Financial Income	5 000	1 000	6 000	5 000
Financial Costs	27 000	22 000	27 000	38 000
Financial Balance	−22 000	−21 000	−21 000	−33 000
Earnings Before Tax	2 761 000	594 000	6 159 000	205 000
Tax	616 000	135 000	1 358 000	51 000
Net Income	2 145 000	459 000	4 802 000	155 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	69 000	92 000	41 000	299 000
Total Current Assets	6 780 000	3 956 000	8 791 000	4 490 000
Total Assets	6 848 000	4 048 000	8 831 000	4 789 000
Total Retained Equity	3 776 000	1 786 000	1 836 000	1 034 000
Total Equity	4 021 000	2 032 000	2 168 000	1 366 000
Total Long-Term Debt	0	0	0	14 000
Total Current Debt	2 827 000	2 016 000	6 664 000	3 409 000
Total Equity and Debt	6 848 000	4 048 000	8 831 000	4 789 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 691 000	14 786 000	15 880 000	13 261 000
Other Income	0	0	0	0
Revenue	16 691 000	14 786 000	15 880 000	13 261 000
Cost of Goods Sold	6 138 000	7 018 000	3 599 000	5 051 000
Salary Costs	6 065 000	5 575 000	4 388 000	5 715 000
Depreciation	19 000	33 000	80 000	80 000
Impairment	0	0	215 000	0
Expenditure	13 907 000	14 171 000	9 699 000	13 022 000
Operating Profit	2 783 000	615 000	6 181 000	238 000
Financial Income	5 000	1 000	6 000	5 000
Financial Costs	27 000	22 000	27 000	38 000
Financial Balance	−22 000	−21 000	−21 000	−33 000
Dividends	0	0	4 000 000	0
Net Income	2 145 000	459 000	4 802 000	155 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	26 000	31 000	37 000	286 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	42 000	62 000	4 000	12 000
Total Tangible Assets	42 000	62 000	4 000	12 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	69 000	92 000	41 000	299 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 966 000	1 866 000	8 168 000	1 904 000
Total Current Assets	6 780 000	3 956 000	8 791 000	4 490 000
Total Assets	6 848 000	4 048 000	8 831 000	4 789 000
Total Equity	4 021 000	2 032 000	2 168 000	1 366 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	14 000
Creditors	1 094 000	62 000	180 000	2 566 000
Unpaid Taxes	448 000	401 000	702 000	302 000
Dividends	0	0	4 000 000	0
Other Current Debt	673 000	1 425 000	4 373 000	482 000
Total Current Debt	2 827 000	2 016 000	6 664 000	3 409 000
Total Equity and Debt	6 848 000	4 048 000	8 831 000	4 789 000

Financial indicators	2022	2021	2020	2019
Return on Equity	53,34 %	22,59 %	221,49 %	11,35 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	16,67 %	4,16 %	38,92 %	1,79 %
Current Ratio	2,4	1,96	1,32	1,32
Quick Ratio	2,4	1,96	1,32	1,32
Equity Ratio	0,59	0,5	0,25	0,29
Gross Profit Margin	63,23 %	52,54 %	77,34 %	61,91 %