CONNECT ELECTRO AS

0671 OSLO

Finances

Return on Equity

94,03 %

Current Ratio

1,13

Debt-to-Equity Ratio

0,96

Key figures (NOK)	2022	2021	2020	2019
Revenue	27 340 000	24 129 000	29 560 000	25 795 000
Net Income	1 969 000	1 122 000	2 237 000	1 808 000
Total Assets	10 200 000	10 208 000	10 406 000	10 664 000
Total Equity	2 094 000	1 375 000	2 753 000	2 016 000

Income (NOK)	2022	2021	2020	2019
Revenue	27 340 000	24 129 000	29 560 000	25 795 000
Expenditure	24 755 000	22 669 000	26 678 000	23 468 000
Operating Profit	2 585 000	1 461 000	2 883 000	2 327 000
Financial Income	11 000	0	1 000	4 000
Financial Costs	67 000	21 000	15 000	13 000
Financial Balance	−56 000	−21 000	−14 000	−9 000
Earnings Before Tax	2 529 000	1 440 000	2 870 000	2 319 000
Tax	559 000	318 000	633 000	511 000
Net Income	1 969 000	1 122 000	2 237 000	1 808 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 336 000	2 387 000	1 031 000	1 149 000
Total Current Assets	6 864 000	7 821 000	9 375 000	9 515 000
Total Assets	10 200 000	10 208 000	10 406 000	10 664 000
Total Retained Equity	2 064 000	1 345 000	2 723 000	1 986 000
Total Equity	2 094 000	1 375 000	2 753 000	2 016 000
Total Long-Term Debt	2 012 000	1 460 000	284 000	462 000
Total Current Debt	6 094 000	7 373 000	7 370 000	8 186 000
Total Equity and Debt	10 200 000	10 208 000	10 406 000	10 664 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	27 340 000	24 126 000	29 417 000	26 435 000
Other Income	0	3 000	143 000	−640 000
Revenue	27 340 000	24 129 000	29 560 000	25 795 000
Cost of Goods Sold	10 025 000	8 540 000	12 709 000	8 786 000
Salary Costs	11 255 000	10 665 000	10 428 000	10 867 000
Depreciation	370 000	224 000	212 000	255 000
Impairment	0	0	0	0
Expenditure	24 755 000	22 669 000	26 678 000	23 468 000
Operating Profit	2 585 000	1 461 000	2 883 000	2 327 000
Financial Income	11 000	0	1 000	4 000
Financial Costs	67 000	21 000	15 000	13 000
Financial Balance	−56 000	−21 000	−14 000	−9 000
Dividends	1 250 000	2 500 000	1 500 000	2 500 000
Net Income	1 969 000	1 122 000	2 237 000	1 808 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	11 000
Real Eastate	191 000	216 000	241 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	3 090 000	2 117 000	746 000	993 000
Total Tangible Assets	3 282 000	2 333 000	986 000	993 000
Total Fiancial Fixed Assets	54 000	54 000	45 000	145 000
Total Fixed Assets	3 336 000	2 387 000	1 031 000	1 149 000
Stock	475 000	674 000	443 000	450 000
Total Investments	0	0	0	0
Cash, Bank	3 053 000	3 596 000	1 522 000	2 673 000
Total Current Assets	6 864 000	7 821 000	9 375 000	9 515 000
Total Assets	10 200 000	10 208 000	10 406 000	10 664 000
Total Equity	2 094 000	1 375 000	2 753 000	2 016 000
Short-Term Group Debt	1 250 000	2 500 000	0	2 500 000
Total Long-Term Debt	2 012 000	1 460 000	284 000	462 000
Creditors	1 414 000	1 745 000	3 458 000	1 856 000
Unpaid Taxes	1 347 000	1 543 000	1 821 000	1 611 000
Dividends	1 250 000	2 500 000	1 500 000	2 500 000
Other Current Debt	1 571 000	1 313 000	1 444 000	1 708 000
Total Current Debt	6 094 000	7 373 000	7 370 000	8 186 000
Total Equity and Debt	10 200 000	10 208 000	10 406 000	10 664 000

Financial indicators	2022	2021	2020	2019
Return on Equity	94,03 %	81,6 %	81,26 %	89,68 %
Debt-to-Equity Ratio	0,96	1,06	0,1	0,23
Operating Profit Margin	9,46 %	6,05 %	9,75 %	9,02 %
Current Ratio	1,13	1,06	1,27	1,16
Quick Ratio	1,22	1,17	1,35	1,23
Equity Ratio	0,21	0,13	0,26	0,19
Gross Profit Margin	63,33 %	64,61 %	57,01 %	65,94 %