CONNECTICOM AS

4950 RISØR

Finances

Return on Equity

378,61 %

Current Ratio

1,05

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 465 000	1 003 000	974 000	235 000
Net Income	3 044 000	359 000	509 000	68 000
Total Assets	4 794 000	1 156 000	943 000	195 000
Total Equity	804 000	660 000	601 000	92 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 465 000	1 003 000	974 000	235 000
Expenditure	565 000	604 000	322 000	150 000
Operating Profit	3 899 000	399 000	653 000	85 000
Financial Income	9 000	48 000	0	0
Financial Costs	0	0	0	0
Financial Balance	9 000	48 000	0	0
Earnings Before Tax	3 909 000	447 000	652 000	85 000
Tax	865 000	88 000	144 000	18 000
Net Income	3 044 000	359 000	509 000	68 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	609 000	309 000	12 000	25 000
Total Current Assets	4 184 000	847 000	931 000	170 000
Total Assets	4 794 000	1 156 000	943 000	195 000
Total Retained Equity	774 000	630 000	571 000	62 000
Total Equity	804 000	660 000	601 000	92 000
Total Long-Term Debt	0	0	0	13 000
Total Current Debt	3 990 000	496 000	342 000	90 000
Total Equity and Debt	4 794 000	1 156 000	943 000	195 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 465 000	1 003 000	935 000	182 000
Other Income	0	0	39 000	53 000
Revenue	4 465 000	1 003 000	974 000	235 000
Cost of Goods Sold	0	18 000	0	0
Salary Costs	416 000	416 000	157 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	565 000	604 000	322 000	150 000
Operating Profit	3 899 000	399 000	653 000	85 000
Financial Income	9 000	48 000	0	0
Financial Costs	0	0	0	0
Financial Balance	9 000	48 000	0	0
Dividends	2 900 000	300 000	0	0
Net Income	3 044 000	359 000	509 000	68 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	609 000	309 000	12 000	25 000
Total Fixed Assets	609 000	309 000	12 000	25 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 651 000	612 000	487 000	141 000
Total Current Assets	4 184 000	847 000	931 000	170 000
Total Assets	4 794 000	1 156 000	943 000	195 000
Total Equity	804 000	660 000	601 000	92 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	13 000
Creditors	31 000	0	6 000	16 000
Unpaid Taxes	147 000	56 000	172 000	7 000
Dividends	2 900 000	300 000	0	0
Other Current Debt	47 000	52 000	20 000	50 000
Total Current Debt	3 990 000	496 000	342 000	90 000
Total Equity and Debt	4 794 000	1 156 000	943 000	195 000

Financial indicators	2022	2021	2020	2019
Return on Equity	378,61 %	54,39 %	84,69 %	73,91 %
Debt-to-Equity Ratio	0	0	0	0,14
Operating Profit Margin	87,32 %	39,78 %	67,04 %	36,17 %
Current Ratio	1,05	1,71	2,72	1,89
Quick Ratio	1,05	1,71	2,72	1,89
Equity Ratio	0,17	0,57	0,64	0,47
Gross Profit Margin	100 %	98,21 %	100 %	100 %