CONNECT BUS EKSPRESS AS

1414 TROLLÅSEN

Finances

Share Ownership

Return on Equity

−90,5 %

Current Ratio

1,06

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	108 161 000	40 705 000	50 927 000	168 963 000
Net Income	−5 599 000	−8 267 000	−16 972 000	4 568 000
Total Assets	27 451 000	21 927 000	44 097 000	32 659 000
Total Equity	6 187 000	3 786 000	8 154 000	6 776 000

Income (NOK)	2022	2021	2020	2019
Revenue	108 161 000	40 705 000	50 927 000	168 963 000
Expenditure	115 342 000	51 281 000	72 908 000	163 114 000
Operating Profit	−7 181 000	−10 576 000	−21 981 000	5 849 000
Financial Income	15 000	0	7 000	25 000
Financial Costs	11 000	5 000	14 000	1 000
Financial Balance	4 000	−5 000	−7 000	24 000
Earnings Before Tax	−7 177 000	−10 581 000	−21 988 000	5 873 000
Tax	−1 577 000	−2 314 000	0	1 305 000
Net Income	−5 599 000	−8 267 000	−16 972 000	4 568 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 955 000	3 684 000	3 116 000	2 831 000
Total Current Assets	22 496 000	18 243 000	40 981 000	29 828 000
Total Assets	27 451 000	21 927 000	44 097 000	32 659 000
Total Retained Equity	−23 843 000	−18 244 000	−9 976 000	3 921 000
Total Equity	6 187 000	3 786 000	8 154 000	6 776 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	21 264 000	18 141 000	35 942 000	25 882 000
Total Equity and Debt	27 451 000	21 927 000	44 096 000	32 658 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	104 995 000	29 751 000	38 061 000	166 779 000
Other Income	3 165 000	10 954 000	12 866 000	2 184 000
Revenue	108 161 000	40 705 000	50 927 000	168 963 000
Cost of Goods Sold	0	0	0	0
Salary Costs	54 064 000	18 354 000	24 671 000	54 609 000
Depreciation	371 000	593 000	1 354 000	2 017 000
Impairment	0	0	0	0
Expenditure	115 342 000	51 281 000	72 908 000	163 114 000
Operating Profit	−7 181 000	−10 576 000	−21 981 000	5 849 000
Financial Income	15 000	0	7 000	25 000
Financial Costs	11 000	5 000	14 000	1 000
Financial Balance	4 000	−5 000	−7 000	24 000
Dividends	0	0	0	0
Net Income	−5 599 000	−8 267 000	−16 972 000	4 568 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 233 000	2 656 000	1 453 000	63 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	144 000	236 000	327 000	1 358 000
Fixtures	460 000	674 000	1 218 000	1 292 000
Total Tangible Assets	604 000	910 000	1 545 000	2 650 000
Total Fiancial Fixed Assets	118 000	118 000	118 000	118 000
Total Fixed Assets	4 955 000	3 684 000	3 116 000	2 831 000
Stock	639 000	539 000	249 000	427 000
Total Investments	0	0	0	0
Cash, Bank	1 946 000	7 165 000	9 820 000	26 981 000
Total Current Assets	22 496 000	18 243 000	40 981 000	29 828 000
Total Assets	27 451 000	21 927 000	44 097 000	32 659 000
Total Equity	6 187 000	3 786 000	8 154 000	6 776 000
Short-Term Group Debt	1 643 000	4 507 000	5 108 000	4 840 000
Total Long-Term Debt	0	0	0	0
Creditors	5 248 000	3 710 000	2 539 000	5 344 000
Unpaid Taxes	3 442 000	2 085 000	1 227 000	4 745 000
Dividends	0	0	0	0
Other Current Debt	10 932 000	7 839 000	7 001 000	9 433 000
Total Current Debt	21 264 000	18 141 000	35 942 000	25 882 000
Total Equity and Debt	27 451 000	21 927 000	44 096 000	32 658 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−90,5 %	−218,36 %	−208,14 %	67,41 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−6,64 %	−25,98 %	−43,16 %	3,46 %
Current Ratio	1,06	1,01	1,14	1,15
Quick Ratio	1,09	1,04	1,15	1,17
Equity Ratio	0,23	0,17	0,18	0,21
Gross Profit Margin	100 %	100 %	100 %	100 %