CONVENTOR AS

4006 STAVANGER

Finances

Share Ownership

Return on Equity

−216,5 %

Current Ratio

0,47

Debt-to-Equity Ratio

4,66

Key figures (NOK)	2020	2019	2018	2017
Revenue	13 137 000	31 930 000	37 278 000	35 838 000
Net Income	−1 745 000	263 000	319 000	1 379 000
Total Assets	12 488 000	14 167 000	13 056 000	10 660 000
Total Equity	806 000	2 551 000	2 289 000	1 970 000

Income (NOK)	2020	2019	2018	2017
Revenue	13 137 000	31 930 000	37 278 000	35 838 000
Expenditure	14 871 000	31 371 000	36 810 000	34 464 000
Operating Profit	−1 734 000	558 000	469 000	1 374 000
Financial Income	53 000	161 000	139 000	16 000
Financial Costs	579 000	323 000	164 000	108 000
Financial Balance	−526 000	−162 000	−25 000	−92 000
Earnings Before Tax	−2 260 000	397 000	444 000	1 282 000
Tax	−514 000	134 000	125 000	−97 000
Net Income	−1 745 000	263 000	319 000	1 379 000

Balance (NOK)	2020	2019	2018	2017
Total Fixed Assets	8 763 000	7 053 000	4 276 000	1 997 000
Total Current Assets	3 725 000	7 113 000	8 781 000	8 663 000
Total Assets	12 488 000	14 167 000	13 056 000	10 660 000
Total Retained Equity	679 000	2 425 000	2 162 000	1 843 000
Total Equity	806 000	2 551 000	2 289 000	1 970 000
Total Long-Term Debt	3 755 000	1 193 000	1 540 000	1 912 000
Total Current Debt	7 927 000	10 423 000	9 228 000	6 779 000
Total Equity and Debt	12 488 000	14 167 000	13 056 000	10 660 000

Cash flow (NOK)	2020	2019	2018	2017
Sales Income	7 792 000	29 194 000	35 892 000	35 467 000
Other Income	5 345 000	2 736 000	1 386 000	371 000
Revenue	13 137 000	31 930 000	37 278 000	35 838 000
Cost of Goods Sold	3 495 000	12 201 000	16 863 000	13 910 000
Salary Costs	6 988 000	12 316 000	12 962 000	12 941 000
Depreciation	190 000	785 000	827 000	960 000
Impairment	0	0	0	0
Expenditure	14 871 000	31 371 000	36 810 000	34 464 000
Operating Profit	−1 734 000	558 000	469 000	1 374 000
Financial Income	53 000	161 000	139 000	16 000
Financial Costs	579 000	323 000	164 000	108 000
Financial Balance	−526 000	−162 000	−25 000	−92 000
Dividends	0	0	0	0
Net Income	−1 745 000	263 000	319 000	1 379 000

Balance details (NOK)	2020	2019	2018	2017
Goodwill	0	0	0	0
Total Intangible Assets	2 468 000	2 962 000	2 547 000	256 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 444 000	1 091 000	1 259 000	1 490 000
Total Tangible Assets	1 444 000	1 091 000	1 259 000	1 490 000
Total Fiancial Fixed Assets	4 850 000	3 000 000	470 000	252 000
Total Fixed Assets	8 763 000	7 053 000	4 276 000	1 997 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	461 000	474 000	528 000	135 000
Total Current Assets	3 725 000	7 113 000	8 781 000	8 663 000
Total Assets	12 488 000	14 167 000	13 056 000	10 660 000
Total Equity	806 000	2 551 000	2 289 000	1 970 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 755 000	1 193 000	1 540 000	1 912 000
Creditors	1 250 000	3 095 000	2 177 000	1 487 000
Unpaid Taxes	1 068 000	1 869 000	1 834 000	1 917 000
Dividends	0	0	0	0
Other Current Debt	2 276 000	2 062 000	2 630 000	3 363 000
Total Current Debt	7 927 000	10 423 000	9 228 000	6 779 000
Total Equity and Debt	12 488 000	14 167 000	13 056 000	10 660 000

Financial indicators	2020	2019	2018	2017
Return on Equity	−216,5 %	10,31 %	13,94 %	70 %
Debt-to-Equity Ratio	4,66	0,47	0,67	0,97
Operating Profit Margin	−13,2 %	1,75 %	1,26 %	3,83 %
Current Ratio	0,47	0,68	0,95	1,28
Quick Ratio	0,47	0,68	0,95	1,28
Equity Ratio	0,06	0,18	0,18	0,18
Gross Profit Margin	73,4 %	61,79 %	54,76 %	61,19 %