CONNECT ACCOUNTING SERVICES AS

0177 OSLO

Finances

Return on Equity

16,45 %

Current Ratio

1,67

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	811 000	505 000	310 000
Net Income	25 000	8 000	61 000
Total Assets	349 000	205 000	190 000
Total Equity	152 000	127 000	119 000

Income (NOK)	2022	2021	2020
Revenue	811 000	505 000	310 000
Expenditure	775 000	491 000	232 000
Operating Profit	35 000	13 000	78 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	35 000	13 000	78 000
Tax	10 000	4 000	17 000
Net Income	25 000	8 000	61 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	24 000	46 000	0
Total Current Assets	325 000	159 000	190 000
Total Assets	349 000	205 000	190 000
Total Retained Equity	94 000	69 000	61 000
Total Equity	152 000	127 000	119 000
Total Long-Term Debt	0	7 000	0
Total Current Debt	195 000	71 000	71 000
Total Equity and Debt	347 000	205 000	190 000

Cash flow (NOK)	2022	2021	2020
Sales Income	811 000	505 000	310 000
Other Income	0	0	0
Revenue	811 000	505 000	310 000
Cost of Goods Sold	320 000	0	0
Salary Costs	206 000	265 000	68 000
Depreciation	22 000	20 000	0
Impairment	0	0	0
Expenditure	775 000	491 000	232 000
Operating Profit	35 000	13 000	78 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	0	0	0
Net Income	25 000	8 000	61 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	24 000	46 000	0
Total Tangible Assets	24 000	46 000	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	24 000	46 000	0
Stock	0	0	0
Total Investments	32 000	0	0
Cash, Bank	98 000	84 000	72 000
Total Current Assets	325 000	159 000	190 000
Total Assets	349 000	205 000	190 000
Total Equity	152 000	127 000	119 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	7 000	0
Creditors	139 000	6 000	7 000
Unpaid Taxes	7 000	33 000	34 000
Dividends	0	0	0
Other Current Debt	39 000	27 000	13 000
Total Current Debt	195 000	71 000	71 000
Total Equity and Debt	347 000	205 000	190 000

Financial indicators	2022	2021	2020
Return on Equity	16,45 %	6,3 %	51,26 %
Debt-to-Equity Ratio	0	0,06	0
Operating Profit Margin	4,32 %	2,57 %	25,16 %
Current Ratio	1,67	2,24	2,68
Quick Ratio	1,67	2,24	2,68
Equity Ratio	0,44	0,62	0,63
Gross Profit Margin	60,54 %	100 %	100 %