CONFEX AS

4013 STAVANGER

Finances

Share Ownership

Return on Equity

−35,43 %

Current Ratio

1,09

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 000 000	3 952 000	3 281 000	4 771 000
Net Income	−45 000	−287 000	−250 000	−938 000
Total Assets	1 501 000	1 222 000	1 945 000	1 391 000
Total Equity	127 000	132 000	134 000	−3 203 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 000 000	3 952 000	3 281 000	4 771 000
Expenditure	3 054 000	4 304 000	3 497 000	5 650 000
Operating Profit	−53 000	−352 000	−215 000	−879 000
Financial Income	0	0	0	0
Financial Costs	3 000	15 000	35 000	58 000
Financial Balance	−3 000	−15 000	−35 000	−58 000
Earnings Before Tax	−56 000	−367 000	−250 000	−938 000
Tax	−11 000	−80 000	0	0
Net Income	−45 000	−287 000	−250 000	−938 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	9 000	17 000	9 000
Total Current Assets	1 501 000	1 213 000	1 928 000	1 382 000
Total Assets	1 501 000	1 222 000	1 945 000	1 391 000
Total Retained Equity	−332 000	−287 000	0	−3 303 000
Total Equity	127 000	132 000	134 000	−3 203 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 375 000	1 090 000	1 811 000	4 593 000
Total Equity and Debt	1 501 000	1 222 000	1 945 000	1 391 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 000 000	3 952 000	3 271 000	4 770 000
Other Income	0	0	10 000	0
Revenue	3 000 000	3 952 000	3 281 000	4 771 000
Cost of Goods Sold	1 450 000	2 142 000	1 786 000	3 002 000
Salary Costs	954 000	1 108 000	1 095 000	1 173 000
Depreciation	9 000	9 000	17 000	10 000
Impairment	0	0	0	0
Expenditure	3 054 000	4 304 000	3 497 000	5 650 000
Operating Profit	−53 000	−352 000	−215 000	−879 000
Financial Income	0	0	0	0
Financial Costs	3 000	15 000	35 000	58 000
Financial Balance	−3 000	−15 000	−35 000	−58 000
Dividends	0	0	0	0
Net Income	−45 000	−287 000	−250 000	−938 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	9 000	17 000	9 000
Total Tangible Assets	0	9 000	17 000	9 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	9 000	17 000	9 000
Stock	897 000	721 000	1 136 000	1 273 000
Total Investments	0	0	0	0
Cash, Bank	537 000	472 000	765 000	58 000
Total Current Assets	1 501 000	1 213 000	1 928 000	1 382 000
Total Assets	1 501 000	1 222 000	1 945 000	1 391 000
Total Equity	127 000	132 000	134 000	−3 203 000
Short-Term Group Debt	165 000	165 000	530 000	0
Total Long-Term Debt	0	0	0	0
Creditors	943 000	457 000	879 000	3 431 000
Unpaid Taxes	183 000	281 000	215 000	254 000
Dividends	0	0	0	0
Other Current Debt	84 000	186 000	186 000	520 000
Total Current Debt	1 375 000	1 090 000	1 811 000	4 593 000
Total Equity and Debt	1 501 000	1 222 000	1 945 000	1 391 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−35,43 %	−217,42 %	−186,57 %	29,29 %
Debt-to-Equity Ratio	0	0	0	−0
Operating Profit Margin	−1,77 %	−8,91 %	−6,55 %	−18,42 %
Current Ratio	1,09	1,11	1,06	0,3
Quick Ratio	3,14	3,29	2,86	0,42
Equity Ratio	0,08	0,11	0,07	−2,3
Gross Profit Margin	51,67 %	45,8 %	45,57 %	37,08 %