TC CONNECT AS

0680 OSLO

Finances

Share Ownership

Return on Equity

45,71 %

Current Ratio

1,2

Debt-to-Equity Ratio

0,31

Key figures (NOK)	2022	2021	2020	2019
Revenue	67 277 000	54 127 000	54 920 000	75 221 000
Net Income	7 698 000	5 050 000	571 000	−2 476 000
Total Assets	50 010 000	46 575 000	41 072 000	46 016 000
Total Equity	16 841 000	14 142 000	9 093 000	8 522 000

Income (NOK)	2022	2021	2020	2019
Revenue	67 277 000	54 127 000	54 920 000	75 221 000
Expenditure	57 719 000	48 267 000	52 758 000	77 617 000
Operating Profit	9 558 000	5 860 000	2 163 000	−2 396 000
Financial Income	696 000	1 130 000	968 000	862 000
Financial Costs	380 000	494 000	2 396 000	1 635 000
Financial Balance	316 000	636 000	−1 428 000	−773 000
Earnings Before Tax	9 874 000	6 496 000	734 000	−3 170 000
Tax	2 175 000	1 447 000	163 000	−694 000
Net Income	7 698 000	5 050 000	571 000	−2 476 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 293 000	19 496 000	21 061 000	22 609 000
Total Current Assets	33 717 000	27 080 000	20 012 000	23 407 000
Total Assets	50 010 000	46 575 000	41 072 000	46 016 000
Total Retained Equity	8 319 000	5 621 000	571 000	0
Total Equity	16 841 000	14 142 000	9 093 000	8 522 000
Total Long-Term Debt	5 176 000	5 337 000	5 733 000	1 033 000
Total Current Debt	27 993 000	27 096 000	26 247 000	36 462 000
Total Equity and Debt	50 010 000	46 575 000	41 072 000	46 016 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	67 252 000	54 077 000	54 920 000	75 221 000
Other Income	25 000	50 000	0	0
Revenue	67 277 000	54 127 000	54 920 000	75 221 000
Cost of Goods Sold	34 611 000	25 413 000	29 122 000	40 101 000
Salary Costs	15 078 000	14 808 000	14 969 000	22 952 000
Depreciation	976 000	933 000	1 731 000	1 339 000
Impairment	0	0	0	0
Expenditure	57 719 000	48 267 000	52 758 000	77 617 000
Operating Profit	9 558 000	5 860 000	2 163 000	−2 396 000
Financial Income	696 000	1 130 000	968 000	862 000
Financial Costs	380 000	494 000	2 396 000	1 635 000
Financial Balance	316 000	636 000	−1 428 000	−773 000
Dividends	5 000 000	0	0	0
Net Income	7 698 000	5 050 000	571 000	−2 476 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	14 530 000	17 146 000	18 275 000	19 336 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	1 412 000	2 019 000	2 649 000	2 937 000
Fixtures	351 000	331 000	136 000	336 000
Total Tangible Assets	1 762 000	2 350 000	2 785 000	3 273 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	16 293 000	19 496 000	21 061 000	22 609 000
Stock	5 447 000	5 371 000	3 614 000	4 954 000
Total Investments	0	0	0	0
Cash, Bank	12 565 000	16 052 000	4 946 000	3 182 000
Total Current Assets	33 717 000	27 080 000	20 012 000	23 407 000
Total Assets	50 010 000	46 575 000	41 072 000	46 016 000
Total Equity	16 841 000	14 142 000	9 093 000	8 522 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 176 000	5 337 000	5 733 000	1 033 000
Creditors	4 119 000	10 755 000	12 549 000	14 560 000
Unpaid Taxes	5 107 000	4 206 000	3 633 000	3 510 000
Dividends	5 000 000	0	0	0
Other Current Debt	18 767 000	12 135 000	7 544 000	10 532 000
Total Current Debt	27 993 000	27 096 000	26 247 000	36 462 000
Total Equity and Debt	50 010 000	46 575 000	41 072 000	46 016 000

Financial indicators	2022	2021	2020	2019
Return on Equity	45,71 %	35,71 %	6,28 %	−29,05 %
Debt-to-Equity Ratio	0,31	0,38	0,63	0,12
Operating Profit Margin	14,21 %	10,83 %	3,94 %	−3,19 %
Current Ratio	1,2	1	0,76	0,64
Quick Ratio	1,5	1,25	0,88	0,74
Equity Ratio	0,34	0,3	0,22	0,19
Gross Profit Margin	48,55 %	53,05 %	46,97 %	46,69 %