GLOBALCONNECT AS

1364 FORNEBU

Finances

Return on Equity

−4,51 %

Current Ratio

0,27

Debt-to-Equity Ratio

1,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 871 576 000	1 543 873 000	1 717 924 000	1 725 418 000
Net Income	−124 386 000	24 270 000	−21 883 000	−56 859 000
Total Assets	7 571 162 000	7 104 854 000	6 026 457 000	5 548 223 000
Total Equity	2 757 737 000	3 040 357 000	3 073 584 000	3 126 143 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 871 576 000	1 543 873 000	1 717 924 000	1 725 418 000
Expenditure	1 840 712 000	1 441 404 000	1 660 627 000	1 694 457 000
Operating Profit	30 865 000	102 470 000	57 298 000	30 961 000
Financial Income	11 638 000	17 180 000	11 161 000	4 657 000
Financial Costs	166 889 000	96 441 000	85 871 000	104 224 000
Financial Balance	−155 251 000	−79 261 000	−74 710 000	−99 567 000
Earnings Before Tax	−124 386 000	23 209 000	−17 412 000	−68 606 000
Tax	0	−1 061 000	4 471 000	−11 747 000
Net Income	−124 386 000	24 270 000	−21 883 000	−56 859 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 170 500 000	5 207 986 000	4 971 436 000	5 107 514 000
Total Current Assets	400 662 000	1 896 868 000	1 055 021 000	440 709 000
Total Assets	7 571 162 000	7 104 854 000	6 026 457 000	5 548 223 000
Total Retained Equity	−368 406 000	−85 786 000	−52 559 000	0
Total Equity	2 757 737 000	3 040 357 000	3 073 584 000	3 126 143 000
Total Long-Term Debt	3 318 848 000	2 623 715 000	1 521 220 000	1 291 928 000
Total Current Debt	1 494 577 000	1 440 782 000	1 431 653 000	1 130 152 000
Total Equity and Debt	7 571 162 000	7 104 854 000	6 026 457 000	5 548 223 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 868 676 000	1 542 581 000	1 703 987 000	1 721 461 000
Other Income	2 901 000	1 292 000	13 938 000	3 957 000
Revenue	1 871 576 000	1 543 873 000	1 717 924 000	1 725 418 000
Cost of Goods Sold	364 436 000	343 353 000	398 640 000	539 439 000
Salary Costs	306 697 000	304 241 000	334 885 000	347 400 000
Depreciation	881 181 000	666 788 000	662 737 000	620 986 000
Impairment	45 179 000	36 229 000	33 364 000	0
Expenditure	1 840 712 000	1 441 404 000	1 660 627 000	1 694 457 000
Operating Profit	30 865 000	102 470 000	57 298 000	30 961 000
Financial Income	11 638 000	17 180 000	11 161 000	4 657 000
Financial Costs	166 889 000	96 441 000	85 871 000	104 224 000
Financial Balance	−155 251 000	−79 261 000	−74 710 000	−99 567 000
Dividends	0	0	0	0
Net Income	−124 386 000	24 270 000	−21 883 000	−56 859 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	194 565 000	194 565 000	194 565 000	194 565 000
Total Intangible Assets	588 638 000	434 929 000	381 123 000	336 374 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	6 331 444 000	4 469 291 000	4 296 293 000	4 510 554 000
Total Tangible Assets	6 331 444 000	4 469 291 000	4 296 293 000	4 510 554 000
Total Fiancial Fixed Assets	250 418 000	303 766 000	294 020 000	260 586 000
Total Fixed Assets	7 170 500 000	5 207 986 000	4 971 436 000	5 107 514 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	28 621 000	24 238 000	27 982 000	28 503 000
Total Current Assets	400 662 000	1 896 868 000	1 055 021 000	440 709 000
Total Assets	7 571 162 000	7 104 854 000	6 026 457 000	5 548 223 000
Total Equity	2 757 737 000	3 040 357 000	3 073 584 000	3 126 143 000
Short-Term Group Debt	504 435 000	406 326 000	412 919 000	173 641 000
Total Long-Term Debt	3 318 848 000	2 623 715 000	1 521 220 000	1 291 928 000
Creditors	219 858 000	212 345 000	84 261 000	103 064 000
Unpaid Taxes	38 904 000	34 303 000	40 686 000	29 687 000
Dividends	0	0	0	0
Other Current Debt	731 379 000	787 808 000	893 788 000	823 760 000
Total Current Debt	1 494 577 000	1 440 782 000	1 431 653 000	1 130 152 000
Total Equity and Debt	7 571 162 000	7 104 854 000	6 026 457 000	5 548 223 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,51 %	0,8 %	−0,71 %	−1,82 %
Debt-to-Equity Ratio	1,2	0,86	0,49	0,41
Operating Profit Margin	1,65 %	6,64 %	3,34 %	1,79 %
Current Ratio	0,27	1,32	0,74	0,39
Quick Ratio	0,27	1,32	0,74	0,39
Equity Ratio	0,36	0,43	0,51	0,56
Gross Profit Margin	80,53 %	77,76 %	76,8 %	68,74 %