CONNECTOR SUBSEA SOLUTIONS AS

5257 KOKSTAD

Finances

Return on Equity

−20,72 %

Current Ratio

0,76

Debt-to-Equity Ratio

0,22

Key figures (NOK)	2022	2021	2020	2019
Revenue	181 452 000	121 907 000	211 797 000	83 297 000
Net Income	−11 302 000	2 989 000	49 918 000	25 475 000
Total Assets	179 021 000	151 828 000	134 633 000	133 653 000
Total Equity	54 548 000	67 375 000	64 267 000	14 392 000

Income (NOK)	2022	2021	2020	2019
Revenue	181 452 000	121 907 000	211 797 000	83 297 000
Expenditure	211 994 000	130 708 000	145 911 000	58 008 000
Operating Profit	−22 806 000	2 428 000	65 886 000	25 289 000
Financial Income	4 033 000	2 555 000	8 242 000	2 041 000
Financial Costs	8 060 000	1 313 000	7 475 000	4 522 000
Financial Balance	−4 027 000	1 242 000	767 000	−2 481 000
Earnings Before Tax	−26 833 000	3 670 000	66 653 000	22 808 000
Tax	−15 531 000	680 000	16 735 000	−2 667 000
Net Income	−11 302 000	2 989 000	49 918 000	25 475 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	93 310 000	78 872 000	75 389 000	75 592 000
Total Current Assets	85 711 000	72 955 000	59 244 000	58 061 000
Total Assets	179 021 000	151 828 000	134 633 000	133 653 000
Total Retained Equity	42 227 000	55 053 000	51 945 000	2 071 000
Total Equity	54 548 000	67 375 000	64 267 000	14 392 000
Total Long-Term Debt	12 000 000	17 322 000	22 269 000	35 743 000
Total Current Debt	112 473 000	67 131 000	48 097 000	83 518 000
Total Equity and Debt	179 021 000	151 828 000	134 633 000	133 653 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	181 452 000	121 907 000	211 797 000	83 297 000
Other Income	0	0	0	0
Revenue	181 452 000	121 907 000	211 797 000	83 297 000
Cost of Goods Sold	99 651 000	43 064 000	75 930 000	44 195 000
Salary Costs	73 955 000	60 616 000	45 690 000	5 678 000
Depreciation	10 886 000	7 986 000	7 632 000	1 030 000
Impairment	0	0	0	0
Expenditure	211 994 000	130 708 000	145 911 000	58 008 000
Operating Profit	−22 806 000	2 428 000	65 886 000	25 289 000
Financial Income	4 033 000	2 555 000	8 242 000	2 041 000
Financial Costs	8 060 000	1 313 000	7 475 000	4 522 000
Financial Balance	−4 027 000	1 242 000	767 000	−2 481 000
Dividends	0	0	0	0
Net Income	−11 302 000	2 989 000	49 918 000	25 475 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	15 534 000	17 037 000	17 882 000	1 305 000
Total Intangible Assets	64 995 000	46 515 000	40 586 000	18 630 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	1 239 000	1 225 000	33 500 000	0
Fixtures	27 075 000	31 133 000	1 303 000	27 670 000
Total Tangible Assets	28 314 000	32 357 000	34 803 000	27 670 000
Total Fiancial Fixed Assets	0	0	0	29 291 000
Total Fixed Assets	93 310 000	78 872 000	75 389 000	75 592 000
Stock	9 630 000	10 091 000	9 640 000	1 132 000
Total Investments	0	0	2 603 000	0
Cash, Bank	10 680 000	7 257 000	24 932 000	20 587 000
Total Current Assets	85 711 000	72 955 000	59 244 000	58 061 000
Total Assets	179 021 000	151 828 000	134 633 000	133 653 000
Total Equity	54 548 000	67 375 000	64 267 000	14 392 000
Short-Term Group Debt	41 394 000	0	−50 000	10 206 000
Total Long-Term Debt	12 000 000	17 322 000	22 269 000	35 743 000
Creditors	17 473 000	28 833 000	6 693 000	27 555 000
Unpaid Taxes	3 715 000	1 385 000	6 263 000	1 215 000
Dividends	0	0	0	0
Other Current Debt	21 090 000	7 862 000	25 303 000	44 542 000
Total Current Debt	112 473 000	67 131 000	48 097 000	83 518 000
Total Equity and Debt	179 021 000	151 828 000	134 633 000	133 653 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−20,72 %	4,44 %	77,67 %	177,01 %
Debt-to-Equity Ratio	0,22	0,26	0,35	2,48
Operating Profit Margin	−12,57 %	1,99 %	31,11 %	30,36 %
Current Ratio	0,76	1,09	1,23	0,7
Quick Ratio	0,83	1,28	1,54	0,7
Equity Ratio	0,3	0,44	0,48	0,11
Gross Profit Margin	45,08 %	64,67 %	64,15 %	46,94 %