ABBA fans are going crazy over a recently discovered "new" music mash-up video from the group

ABBA fans who are patiently awaiting new music from the Swedish supergroup have been delighted to find a "long-lost" music video featuring all four members.

The video features a medley of three of the band's most iconic songs; 'Take A Chance On Me,' 'Dancing Queen' and 'Waterloo', while puppet versions of Agnetha Fältskog, Björn Ulvaeus, Benny Andersson, and Anni-Frid Lyngstad attend a spoof audition.

All the characters in the clip also only speak using classic lines from ABBA songs.

Much to the surprise of their fans, the video was actually made back in 2004, in celebration of the 30th anniversary of ABBA's Eurovision Song Contest victory with 'Waterloo.'

The video was debuted that year at the semi-finals of the contest and was broadcast to over 100million viewers.

Shocked fans took to the comment section of the Youtube video to share their delight at recently discovering the clip.

"HOW, I repeat HOW IN THE HELL have I not seen this hilarious video until now?" one person wrote.

While another added: "I just can't believe I never saw this video before, though! Really curious when it was made. It's insanely good and creative!"

"Now I can’t stop watching," a third said.

Björn, Benny and Agnetha all visited the Stockholm studios to film their cameos but Frida was away so her scenes were shot in London.

Plus, keep an eye out for a guest appearance from Cher!