CONNECTED.ART AS

0377 OSLO

Finances

Return on Equity

29,53 %

Current Ratio

N/A

Debt-to-Equity Ratio

−1,67

Key figures (NOK)	2022	2021	2020	2019
Revenue	305 000	269 000	1 113 000	60 000
Net Income	−106 000	−127 000	−146 000	−79 000
Total Assets	241 000	286 000	378 000	327 000
Total Equity	−359 000	−252 000	−125 000	21 000

Income (NOK)	2022	2021	2020	2019
Revenue	305 000	269 000	1 113 000	60 000
Expenditure	402 000	388 000	1 258 000	139 000
Operating Profit	−96 000	−119 000	−145 000	−79 000
Financial Income	0	0	0	1 000
Financial Costs	10 000	8 000	1 000	0
Financial Balance	−10 000	−8 000	−1 000	1 000
Earnings Before Tax	−106 000	−127 000	−146 000	−79 000
Tax	0	0	0	0
Net Income	−106 000	−127 000	−146 000	−79 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 000	10 000	0	0
Total Current Assets	221 000	276 000	378 000	327 000
Total Assets	241 000	286 000	378 000	327 000
Total Retained Equity	−459 000	−352 000	−225 000	−79 000
Total Equity	−359 000	−252 000	−125 000	21 000
Total Long-Term Debt	600 000	500 000	500 000	300 000
Total Current Debt	0	39 000	3 000	5 000
Total Equity and Debt	241 000	286 000	378 000	327 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	259 000	99 000	713 000	60 000
Other Income	46 000	170 000	400 000	0
Revenue	305 000	269 000	1 113 000	60 000
Cost of Goods Sold	158 000	250 000	1 041 000	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	402 000	388 000	1 258 000	139 000
Operating Profit	−96 000	−119 000	−145 000	−79 000
Financial Income	0	0	0	1 000
Financial Costs	10 000	8 000	1 000	0
Financial Balance	−10 000	−8 000	−1 000	1 000
Dividends	0	0	0	0
Net Income	−106 000	−127 000	−146 000	−79 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	10 000	10 000	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	10 000	0	0	0
Total Fixed Assets	20 000	10 000	0	0
Stock	0	0	0	0
Total Investments	16 000	4 000	6 000	0
Cash, Bank	87 000	71 000	199 000	235 000
Total Current Assets	221 000	276 000	378 000	327 000
Total Assets	241 000	286 000	378 000	327 000
Total Equity	−359 000	−252 000	−125 000	21 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	600 000	500 000	500 000	300 000
Creditors	0	0	3 000	5 000
Unpaid Taxes	0	19 000	0	0
Dividends	0	0	0	0
Other Current Debt	0	19 000	0	0
Total Current Debt	0	39 000	3 000	5 000
Total Equity and Debt	241 000	286 000	378 000	327 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,53 %	50,4 %	116,8 %	−376,19 %
Debt-to-Equity Ratio	−1,67	−1,98	−4	14,29
Operating Profit Margin	−31,48 %	−44,24 %	−13,03 %	−131,67 %
Current Ratio	-	7,08	126	65,4
Quick Ratio	-	7,08	126	65,4
Equity Ratio	−1,49	−0,88	−0,33	0,06
Gross Profit Margin	48,2 %	7,06 %	6,47 %	100 %