CONNECTING SERVICES AS

4034 STAVANGER

Finances

Share Ownership

Return on Equity

25,19 %

Current Ratio

3,49

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	864 000	755 000	671 000	37 000
Net Income	100 000	−97 000	47 000	205 000
Total Assets	555 000	429 000	501 000	367 000
Total Equity	397 000	303 000	400 000	278 000

Income (NOK)	2022	2021	2020	2019
Revenue	864 000	755 000	671 000	37 000
Expenditure	735 000	653 000	610 000	69 000
Operating Profit	129 000	101 000	61 000	−32 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	129 000	101 000	61 000	−32 000
Tax	28 000	198 000	13 000	−238 000
Net Income	100 000	−97 000	47 000	205 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	176 000	210 000
Total Current Assets	555 000	429 000	325 000	156 000
Total Assets	555 000	429 000	501 000	367 000
Total Retained Equity	31 000	−63 000	34 000	−13 000
Total Equity	397 000	303 000	400 000	278 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	159 000	126 000	102 000	88 000
Total Equity and Debt	555 000	429 000	501 000	367 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 000	150 000	179 000	37 000
Other Income	848 000	605 000	492 000	0
Revenue	864 000	755 000	671 000	37 000
Cost of Goods Sold	0	0	3 000	2 000
Salary Costs	540 000	610 000	529 000	33 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	735 000	653 000	610 000	69 000
Operating Profit	129 000	101 000	61 000	−32 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	100 000	−97 000	47 000	205 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	176 000	210 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	176 000	210 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	214 000	189 000	133 000	5 000
Total Current Assets	555 000	429 000	325 000	156 000
Total Assets	555 000	429 000	501 000	367 000
Total Equity	397 000	303 000	400 000	278 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	31 000	80 000	83 000	9 000
Dividends	0	0	0	0
Other Current Debt	99 000	24 000	18 000	80 000
Total Current Debt	159 000	126 000	102 000	88 000
Total Equity and Debt	555 000	429 000	501 000	367 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,19 %	−32,01 %	11,75 %	73,74 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	14,93 %	13,38 %	9,09 %	−86,49 %
Current Ratio	3,49	3,4	3,19	1,77
Quick Ratio	3,49	3,4	3,19	1,77
Equity Ratio	0,72	0,71	0,8	0,76
Gross Profit Margin	100 %	100 %	99,55 %	94,59 %