ABYSSINIA RESOURCES DEVELOPMENT AS

0379 OSLO

Finances

Share Ownership

Return on Equity

−1 179,28 %

Current Ratio

0,87

Debt-to-Equity Ratio

89,79

Key figures (NOK)	2022	2021	2020	2019
Revenue	60 252 000	1 413 000	385 000	60 000
Net Income	−12 182 000	13 717 000	−27 887 000	6 000
Total Assets	215 594 000	85 658 000	10 042 000	30 100 000
Total Equity	1 033 000	13 215 000	−502 000	27 385 000

Income (NOK)	2022	2021	2020	2019
Revenue	60 252 000	1 413 000	385 000	60 000
Expenditure	55 239 000	−14 660 000	27 801 000	250 000
Operating Profit	5 013 000	16 073 000	−27 416 000	−191 000
Financial Income	5 279 000	4 788 000	1 466 000	273 000
Financial Costs	22 474 000	7 144 000	1 936 000	76 000
Financial Balance	−17 195 000	−2 356 000	−470 000	197 000
Earnings Before Tax	−12 182 000	13 717 000	−27 887 000	6 000
Tax	0	0	0	0
Net Income	−12 182 000	13 717 000	−27 887 000	6 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	109 735 000	52 928 000	8 764 000	30 043 000
Total Current Assets	105 859 000	32 730 000	1 277 000	58 000
Total Assets	215 594 000	85 658 000	10 042 000	30 100 000
Total Retained Equity	−25 419 000	−13 236 000	−26 953 000	933 000
Total Equity	1 033 000	13 215 000	−502 000	27 385 000
Total Long-Term Debt	92 749 000	0	0	0
Total Current Debt	121 812 000	72 442 000	10 543 000	2 715 000
Total Equity and Debt	215 594 000	85 658 000	10 042 000	30 100 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	60 252 000	1 413 000	385 000	60 000
Other Income	0	0	0	0
Revenue	60 252 000	1 413 000	385 000	60 000
Cost of Goods Sold	34 835 000	91 000	0	4 000
Salary Costs	6 467 000	5 031 000	1 423 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	55 239 000	−14 660 000	27 801 000	250 000
Operating Profit	5 013 000	16 073 000	−27 416 000	−191 000
Financial Income	5 279 000	4 788 000	1 466 000	273 000
Financial Costs	22 474 000	7 144 000	1 936 000	76 000
Financial Balance	−17 195 000	−2 356 000	−470 000	197 000
Dividends	0	0	0	0
Net Income	−12 182 000	13 717 000	−27 887 000	6 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	109 735 000	52 928 000	8 764 000	30 043 000
Total Fixed Assets	109 735 000	52 928 000	8 764 000	30 043 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	42 793 000	30 954 000	767 000	2 000
Total Current Assets	105 859 000	32 730 000	1 277 000	58 000
Total Assets	215 594 000	85 658 000	10 042 000	30 100 000
Total Equity	1 033 000	13 215 000	−502 000	27 385 000
Short-Term Group Debt	118 071 000	70 142 000	9 599 000	0
Total Long-Term Debt	92 749 000	0	0	0
Creditors	2 162 000	788 000	2 000	15 000
Unpaid Taxes	694 000	848 000	434 000	0
Dividends	0	0	0	0
Other Current Debt	885 000	665 000	508 000	2 700 000
Total Current Debt	121 812 000	72 442 000	10 543 000	2 715 000
Total Equity and Debt	215 594 000	85 658 000	10 042 000	30 100 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1 179,28 %	103,8 %	5 555,18 %	0,02 %
Debt-to-Equity Ratio	89,79	0	−0	0
Operating Profit Margin	8,32 %	1 137,51 %	−7 121,04 %	−318,33 %
Current Ratio	0,87	0,45	0,12	0,02
Quick Ratio	0,87	0,45	0,12	0,02
Equity Ratio	0	0,15	−0,05	0,91
Gross Profit Margin	42,18 %	93,56 %	100 %	93,33 %