ABELNES EIENDOM AS

4400 FLEKKEFJORD

Finances

Return on Equity

−6,35 %

Current Ratio

0,73

Debt-to-Equity Ratio

2,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	910 000	1 484 000	1 443 000	1 365 000
Net Income	−240 000	438 000	281 000	40 000
Total Assets	13 277 000	14 273 000	14 022 000	14 378 000
Total Equity	3 779 000	4 042 000	3 624 000	3 538 000

Income (NOK)	2022	2021	2020	2019
Revenue	910 000	1 484 000	1 443 000	1 365 000
Expenditure	838 000	621 000	743 000	901 000
Operating Profit	73 000	864 000	700 000	464 000
Financial Income	0	0	0	0
Financial Costs	380 000	302 000	339 000	413 000
Financial Balance	−380 000	−302 000	−339 000	−413 000
Earnings Before Tax	−308 000	562 000	361 000	51 000
Tax	−68 000	124 000	80 000	11 000
Net Income	−240 000	438 000	281 000	40 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 232 000	12 737 000	13 266 000	13 801 000
Total Current Assets	1 045 000	1 536 000	756 000	577 000
Total Assets	13 277 000	14 273 000	14 022 000	14 378 000
Total Retained Equity	2 779 000	3 042 000	2 624 000	2 538 000
Total Equity	3 779 000	4 042 000	3 624 000	3 538 000
Total Long-Term Debt	8 069 000	8 502 000	9 217 000	9 600 000
Total Current Debt	1 429 000	1 729 000	1 181 000	1 240 000
Total Equity and Debt	13 277 000	14 273 000	14 022 000	14 378 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	48 000	48 000	48 000	−17 000
Other Income	862 000	1 436 000	1 395 000	1 383 000
Revenue	910 000	1 484 000	1 443 000	1 365 000
Cost of Goods Sold	48 000	48 000	48 000	0
Salary Costs	0	0	0	0
Depreciation	505 000	529 000	535 000	535 000
Impairment	0	0	0	0
Expenditure	838 000	621 000	743 000	901 000
Operating Profit	73 000	864 000	700 000	464 000
Financial Income	0	0	0	0
Financial Costs	380 000	302 000	339 000	413 000
Financial Balance	−380 000	−302 000	−339 000	−413 000
Dividends	0	0	0	0
Net Income	−240 000	438 000	281 000	40 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	11 127 000	11 577 000	12 026 000	12 475 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	56 000	135 000	221 000
Total Tangible Assets	11 127 000	11 632 000	12 161 000	12 696 000
Total Fiancial Fixed Assets	1 104 000	1 104 000	1 104 000	1 104 000
Total Fixed Assets	12 232 000	12 737 000	13 266 000	13 801 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	29 000	376 000	460 000	174 000
Total Current Assets	1 045 000	1 536 000	756 000	577 000
Total Assets	13 277 000	14 273 000	14 022 000	14 378 000
Total Equity	3 779 000	4 042 000	3 624 000	3 538 000
Short-Term Group Debt	1 126 000	1 077 000	958 000	722 000
Total Long-Term Debt	8 069 000	8 502 000	9 217 000	9 600 000
Creditors	1 000	5 000	6 000	3 000
Unpaid Taxes	57 000	102 000	30 000	96 000
Dividends	0	0	0	0
Other Current Debt	220 000	378 000	113 000	302 000
Total Current Debt	1 429 000	1 729 000	1 181 000	1 240 000
Total Equity and Debt	13 277 000	14 273 000	14 022 000	14 378 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,35 %	10,84 %	7,75 %	1,13 %
Debt-to-Equity Ratio	2,14	2,1	2,54	2,71
Operating Profit Margin	8,02 %	58,22 %	48,51 %	33,99 %
Current Ratio	0,73	0,89	0,64	0,47
Quick Ratio	0,73	0,89	0,64	0,47
Equity Ratio	0,28	0,28	0,26	0,25
Gross Profit Margin	94,73 %	96,77 %	96,67 %	100 %