CONNECTOR SUBSEA DISTRIBUTION AS

5363 ÅGOTNES

Finances

Share Ownership

Return on Equity

46,97 %

Current Ratio

1,09

Debt-to-Equity Ratio

0,26

Key figures (NOK)	2022	2021	2020	2019
Revenue	21 373 000	20 119 000	25 004 000	43 512 000
Net Income	5 173 000	−10 480 000	−5 538 000	−1 016 000
Total Assets	22 509 000	12 357 000	24 134 000	26 809 000
Total Equity	11 014 000	−38 508 000	−28 028 000	−22 490 000

Income (NOK)	2022	2021	2020	2019
Revenue	21 373 000	20 119 000	25 004 000	43 512 000
Expenditure	27 876 000	26 682 000	27 228 000	42 558 000
Operating Profit	−6 504 000	−6 563 000	−2 225 000	954 000
Financial Income	39 000	41 000	221 000	35 000
Financial Costs	782 000	2 306 000	742 000	2 005 000
Financial Balance	−743 000	−2 265 000	−521 000	−1 970 000
Earnings Before Tax	−7 247 000	−8 829 000	−2 746 000	−1 016 000
Tax	−12 419 000	1 652 000	2 792 000	0
Net Income	5 173 000	−10 480 000	−5 538 000	−1 016 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 100 000	670 000	2 812 000	6 146 000
Total Current Assets	9 409 000	11 687 000	21 322 000	20 663 000
Total Assets	22 509 000	12 357 000	24 134 000	26 809 000
Total Retained Equity	−35 736 000	−40 908 000	−30 428 000	−24 890 000
Total Equity	11 014 000	−38 508 000	−28 028 000	−22 490 000
Total Long-Term Debt	2 872 000	42 003 000	42 003 000	38 937 000
Total Current Debt	8 622 000	8 862 000	10 159 000	10 361 000
Total Equity and Debt	22 509 000	12 357 000	24 134 000	26 809 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	21 100 000	19 941 000	24 902 000	43 411 000
Other Income	273 000	179 000	102 000	101 000
Revenue	21 373 000	20 119 000	25 004 000	43 512 000
Cost of Goods Sold	9 089 000	7 826 000	7 443 000	19 001 000
Salary Costs	12 795 000	11 908 000	12 952 000	14 609 000
Depreciation	291 000	583 000	557 000	606 000
Impairment	0	0	0	0
Expenditure	27 876 000	26 682 000	27 228 000	42 558 000
Operating Profit	−6 504 000	−6 563 000	−2 225 000	954 000
Financial Income	39 000	41 000	221 000	35 000
Financial Costs	782 000	2 306 000	742 000	2 005 000
Financial Balance	−743 000	−2 265 000	−521 000	−1 970 000
Dividends	0	0	0	0
Net Income	5 173 000	−10 480 000	−5 538 000	−1 016 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	12 753 000	446 000	2 209 000	5 112 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	347 000	224 000	603 000	1 033 000
Total Tangible Assets	347 000	224 000	603 000	1 033 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	13 100 000	670 000	2 812 000	6 146 000
Stock	999 000	3 601 000	5 724 000	5 508 000
Total Investments	0	0	0	0
Cash, Bank	712 000	3 525 000	6 871 000	2 915 000
Total Current Assets	9 409 000	11 687 000	21 322 000	20 663 000
Total Assets	22 509 000	12 357 000	24 134 000	26 809 000
Total Equity	11 014 000	−38 508 000	−28 028 000	−22 490 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 872 000	42 003 000	42 003 000	38 937 000
Creditors	4 189 000	3 467 000	2 584 000	4 295 000
Unpaid Taxes	1 466 000	1 017 000	2 728 000	1 075 000
Dividends	0	0	0	0
Other Current Debt	2 966 000	4 378 000	4 847 000	4 991 000
Total Current Debt	8 622 000	8 862 000	10 159 000	10 361 000
Total Equity and Debt	22 509 000	12 357 000	24 134 000	26 809 000

Financial indicators	2022	2021	2020	2019
Return on Equity	46,97 %	27,22 %	19,76 %	4,52 %
Debt-to-Equity Ratio	0,26	−1,09	−1,5	−1,73
Operating Profit Margin	−30,43 %	−32,62 %	−8,9 %	2,19 %
Current Ratio	1,09	1,32	2,1	1,99
Quick Ratio	1,23	2,22	4,81	4,26
Equity Ratio	0,49	−3,12	−1,16	−0,84
Gross Profit Margin	57,47 %	61,1 %	70,23 %	56,33 %