ABELON TECHNOLOGY AS

4016 STAVANGER

Finances

Share Ownership

Return on Equity

101,15 %

Current Ratio

0,01

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	1 361 000	2 597 000	1 160 000
Net Income	−526 000	147 000	−1 018 000	149 000
Total Assets	775 000	1 410 000	2 303 000	4 459 000
Total Equity	−520 000	6 000	−402 000	438 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	1 361 000	2 597 000	1 160 000
Expenditure	674 000	1 172 000	3 906 000	968 000
Operating Profit	−674 000	188 000	−1 310 000	191 000
Financial Income	0	0	5 000	0
Financial Costs	0	0	0	1 000
Financial Balance	0	0	5 000	−1 000
Earnings Before Tax	−674 000	188 000	−1 305 000	191 000
Tax	−148 000	41 000	−287 000	42 000
Net Income	−526 000	147 000	−1 018 000	149 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	760 000	1 219 000	2 096 000	3 613 000
Total Current Assets	15 000	192 000	207 000	846 000
Total Assets	775 000	1 410 000	2 303 000	4 459 000
Total Retained Equity	−677 000	−151 000	−559 000	281 000
Total Equity	−520 000	6 000	−402 000	438 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 295 000	1 405 000	2 705 000	4 021 000
Total Equity and Debt	775 000	1 410 000	2 303 000	4 459 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	1 361 000	2 597 000	1 160 000
Other Income	0	0	0	0
Revenue	0	1 361 000	2 597 000	1 160 000
Cost of Goods Sold	0	206 000	1 394 000	31 000
Salary Costs	0	0	0	0
Depreciation	607 000	835 000	401 000	399 000
Impairment	0	0	1 353 000	0
Expenditure	674 000	1 172 000	3 906 000	968 000
Operating Profit	−674 000	188 000	−1 310 000	191 000
Financial Income	0	0	5 000	0
Financial Costs	0	0	0	1 000
Financial Balance	0	0	5 000	−1 000
Dividends	0	0	0	0
Net Income	−526 000	147 000	−1 018 000	149 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	600 000	451 000	493 000	256 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	161 000	767 000	1 603 000	3 357 000
Total Tangible Assets	161 000	767 000	1 603 000	3 357 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	760 000	1 219 000	2 096 000	3 613 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	10 000	179 000	205 000	53 000
Total Current Assets	15 000	192 000	207 000	846 000
Total Assets	775 000	1 410 000	2 303 000	4 459 000
Total Equity	−520 000	6 000	−402 000	438 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	4 000	2 000	0	205 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 291 000	1 403 000	2 705 000	3 816 000
Total Current Debt	1 295 000	1 405 000	2 705 000	4 021 000
Total Equity and Debt	775 000	1 410 000	2 303 000	4 459 000

Financial indicators	2022	2021	2020	2019
Return on Equity	101,15 %	2 450 %	253,23 %	34,02 %
Debt-to-Equity Ratio	−0	0	−0	0
Operating Profit Margin	-	13,81 %	−50,44 %	16,47 %
Current Ratio	0,01	0,14	0,08	0,21
Quick Ratio	0,01	0,14	0,08	0,21
Equity Ratio	−0,67	0	−0,17	0,1
Gross Profit Margin	-	84,86 %	46,32 %	97,33 %