CONNECT AS

0366 OSLO

Finances

Return on Equity

93,55 %

Current Ratio

0,02

Debt-to-Equity Ratio

1,22

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 403 000	6 150 000	4 337 000	3 765 000
Net Income	7 655 000	3 464 000	2 241 000	1 574 000
Total Assets	21 943 000	21 933 000	22 414 000	20 662 000
Total Equity	8 183 000	2 357 000	2 372 000	2 447 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 403 000	6 150 000	4 337 000	3 765 000
Expenditure	1 948 000	1 564 000	1 926 000	3 332 000
Operating Profit	3 455 000	4 586 000	2 412 000	432 000
Financial Income	5 000 000	0	702 000	2 677 000
Financial Costs	59 000	141 000	219 000	921 000
Financial Balance	4 941 000	−141 000	483 000	1 756 000
Earnings Before Tax	8 396 000	4 445 000	2 895 000	2 188 000
Tax	741 000	981 000	654 000	614 000
Net Income	7 655 000	3 464 000	2 241 000	1 574 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	21 860 000	21 895 000	22 276 000	18 809 000
Total Current Assets	83 000	38 000	138 000	1 853 000
Total Assets	21 943 000	21 933 000	22 414 000	20 662 000
Total Retained Equity	8 153 000	2 327 000	2 342 000	2 417 000
Total Equity	8 183 000	2 357 000	2 372 000	2 447 000
Total Long-Term Debt	9 984 000	18 565 000	18 873 000	7 157 000
Total Current Debt	3 777 000	1 011 000	1 169 000	11 058 000
Total Equity and Debt	21 943 000	21 933 000	22 414 000	20 662 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 403 000	6 227 000	4 292 000	3 765 000
Other Income	0	−77 000	46 000	0
Revenue	5 403 000	6 150 000	4 337 000	3 765 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 503 000	1 230 000	1 298 000	2 551 000
Depreciation	9 000	27 000	30 000	32 000
Impairment	0	0	0	0
Expenditure	1 948 000	1 564 000	1 926 000	3 332 000
Operating Profit	3 455 000	4 586 000	2 412 000	432 000
Financial Income	5 000 000	0	702 000	2 677 000
Financial Costs	59 000	141 000	219 000	921 000
Financial Balance	4 941 000	−141 000	483 000	1 756 000
Dividends	1 550 000	0	0	0
Net Income	7 655 000	3 464 000	2 241 000	1 574 000

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	13 000	7 000	34 000	61 000
Total Tangible Assets	13 000	7 000	34 000	61 000
Total Fiancial Fixed Assets	21 847 000	21 888 000	22 243 000	18 748 000
Total Fixed Assets	21 860 000	21 895 000	22 276 000	18 809 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	34 000	24 000	28 000	61 000
Total Current Assets	83 000	38 000	138 000	1 853 000
Total Assets	21 943 000	21 933 000	22 414 000	20 662 000
Total Equity	8 183 000	2 357 000	2 372 000	2 447 000
Short-Term Group Debt	0	−102 000	48 000	10 009 000
Total Long-Term Debt	9 984 000	18 565 000	18 873 000	7 157 000
Creditors	133 000	217 000	137 000	346 000
Unpaid Taxes	571 000	696 000	805 000	474 000
Dividends	1 550 000	0	0	0
Other Current Debt	861 000	200 000	179 000	228 000
Total Current Debt	3 777 000	1 011 000	1 169 000	11 058 000
Total Equity and Debt	21 943 000	21 933 000	22 414 000	20 662 000

Financial indicators	2022	2021	2020	2019
Return on Equity	93,55 %	146,97 %	94,48 %	64,32 %
Debt-to-Equity Ratio	1,22	7,88	7,96	2,92
Operating Profit Margin	63,95 %	74,57 %	55,61 %	11,47 %
Current Ratio	0,02	0,04	0,12	0,17
Quick Ratio	0,02	0,04	0,12	0,17
Equity Ratio	0,37	0,11	0,11	0,12
Gross Profit Margin	100 %	100 %	100 %	100 %