CONNEX PROMOTION AS

0680 OSLO

Finances

Share Ownership

Return on Equity

10,65 %

Current Ratio

3,63

Debt-to-Equity Ratio

0,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 253 000	4 446 000	3 594 000	4 623 000
Net Income	159 000	215 000	159 000	129 000
Total Assets	2 385 000	2 058 000	1 601 000	1 512 000
Total Equity	1 493 000	1 334 000	1 119 000	960 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 253 000	4 446 000	3 594 000	4 623 000
Expenditure	4 054 000	4 177 000	3 401 000	4 468 000
Operating Profit	199 000	269 000	193 000	155 000
Financial Income	1 000	0	0	1 000
Financial Costs	1 000	1 000	−5 000	0
Financial Balance	0	−1 000	5 000	1 000
Earnings Before Tax	199 000	269 000	198 000	156 000
Tax	40 000	54 000	39 000	27 000
Net Income	159 000	215 000	159 000	129 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	2 385 000	2 058 000	1 601 000	1 512 000
Total Assets	2 385 000	2 058 000	1 601 000	1 512 000
Total Retained Equity	1 193 000	1 034 000	819 000	660 000
Total Equity	1 493 000	1 334 000	1 119 000	960 000
Total Long-Term Debt	235 000	235 000	235 000	235 000
Total Current Debt	657 000	490 000	248 000	318 000
Total Equity and Debt	2 385 000	2 058 000	1 601 000	1 512 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 154 000	4 509 000	3 544 000	4 623 000
Other Income	99 000	−63 000	51 000	0
Revenue	4 253 000	4 446 000	3 594 000	4 623 000
Cost of Goods Sold	2 169 000	2 570 000	2 039 000	2 692 000
Salary Costs	1 045 000	957 000	697 000	1 174 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	4 054 000	4 177 000	3 401 000	4 468 000
Operating Profit	199 000	269 000	193 000	155 000
Financial Income	1 000	0	0	1 000
Financial Costs	1 000	1 000	−5 000	0
Financial Balance	0	−1 000	5 000	1 000
Dividends	0	0	0	0
Net Income	159 000	215 000	159 000	129 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	65 000	16 000	29 000	173 000
Total Investments	0	0	0	0
Cash, Bank	1 560 000	1 990 000	1 301 000	853 000
Total Current Assets	2 385 000	2 058 000	1 601 000	1 512 000
Total Assets	2 385 000	2 058 000	1 601 000	1 512 000
Total Equity	1 493 000	1 334 000	1 119 000	960 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	235 000	235 000	235 000	235 000
Creditors	160 000	11 000	3 000	9 000
Unpaid Taxes	377 000	351 000	152 000	79 000
Dividends	0	0	0	0
Other Current Debt	81 000	75 000	54 000	203 000
Total Current Debt	657 000	490 000	248 000	318 000
Total Equity and Debt	2 385 000	2 058 000	1 601 000	1 512 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,65 %	16,12 %	14,21 %	13,44 %
Debt-to-Equity Ratio	0,16	0,18	0,21	0,24
Operating Profit Margin	4,68 %	6,05 %	5,37 %	3,35 %
Current Ratio	3,63	4,2	6,46	4,75
Quick Ratio	4,03	4,34	7,31	10,43
Equity Ratio	0,63	0,65	0,7	0,63
Gross Profit Margin	49 %	42,2 %	43,27 %	41,77 %