CONVERTO FORVALTNING AS

6003 ÅLESUND

Finances

Return on Equity

−9,86 %

Current Ratio

0,74

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 996 000	6 907 000	16 749 000	2 322 000
Net Income	−501 000	211 000	1 036 000	1 742 000
Total Assets	9 063 000	8 252 000	9 095 000	7 350 000
Total Equity	5 080 000	5 065 000	5 065 000	5 065 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 996 000	6 907 000	16 749 000	2 322 000
Expenditure	7 516 000	6 608 000	15 405 000	91 000
Operating Profit	−521 000	299 000	1 344 000	2 231 000
Financial Income	20 000	0	3 000	4 000
Financial Costs	0	0	0	1 000
Financial Balance	20 000	0	3 000	3 000
Earnings Before Tax	−501 000	299 000	1 347 000	2 233 000
Tax	0	88 000	311 000	492 000
Net Income	−501 000	211 000	1 036 000	1 742 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 123 000	6 029 000	5 238 000	5 000 000
Total Current Assets	2 940 000	2 223 000	3 857 000	2 350 000
Total Assets	9 063 000	8 252 000	9 095 000	7 350 000
Total Retained Equity	0	18 000	18 000	18 000
Total Equity	5 080 000	5 065 000	5 065 000	5 065 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 983 000	3 188 000	4 030 000	2 285 000
Total Equity and Debt	9 063 000	8 252 000	9 095 000	7 350 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 996 000	6 907 000	16 749 000	2 322 000
Other Income	0	0	0	0
Revenue	6 996 000	6 907 000	16 749 000	2 322 000
Cost of Goods Sold	0	0	147 000	0
Salary Costs	4 213 000	3 858 000	11 761 000	0
Depreciation	83 000	96 000	75 000	0
Impairment	0	0	0	0
Expenditure	7 516 000	6 608 000	15 405 000	91 000
Operating Profit	−521 000	299 000	1 344 000	2 231 000
Financial Income	20 000	0	3 000	4 000
Financial Costs	0	0	0	1 000
Financial Balance	20 000	0	3 000	3 000
Dividends	0	211 000	1 036 000	0
Net Income	−501 000	211 000	1 036 000	1 742 000

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	59 000	142 000	238 000	0
Total Tangible Assets	59 000	142 000	238 000	0
Total Fiancial Fixed Assets	6 064 000	5 887 000	5 000 000	5 000 000
Total Fixed Assets	6 123 000	6 029 000	5 238 000	5 000 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	524 000	1 673 000	888 000	383 000
Total Current Assets	2 940 000	2 223 000	3 857 000	2 350 000
Total Assets	9 063 000	8 252 000	9 095 000	7 350 000
Total Equity	5 080 000	5 065 000	5 065 000	5 065 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	366 000	258 000	271 000	49 000
Unpaid Taxes	259 000	225 000	722 000	0
Dividends	0	211 000	1 036 000	0
Other Current Debt	3 357 000	2 406 000	1 691 000	0
Total Current Debt	3 983 000	3 188 000	4 030 000	2 285 000
Total Equity and Debt	9 063 000	8 252 000	9 095 000	7 350 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−9,86 %	4,17 %	20,45 %	34,39 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−7,45 %	4,33 %	8,02 %	96,08 %
Current Ratio	0,74	0,7	0,96	1,03
Quick Ratio	0,74	0,7	0,96	1,03
Equity Ratio	0,56	0,61	0,56	0,69
Gross Profit Margin	100 %	100 %	99,12 %	100 %