CONNECT VEST

5008 BERGEN

Finances

Return on Equity

37,59 %

Current Ratio

3,02

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 085 000	9 097 000	11 500 000	8 117 000
Net Income	697 000	−1 740 000	−2 888 000	483 000
Total Assets	2 756 000	3 558 000	6 017 000	7 134 000
Total Equity	1 854 000	1 158 000	2 897 000	5 785 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 085 000	9 097 000	11 500 000	8 117 000
Expenditure	5 392 000	10 837 000	14 400 000	7 659 000
Operating Profit	693 000	−1 740 000	−2 900 000	458 000
Financial Income	5 000	5 000	16 000	28 000
Financial Costs	1 000	5 000	3 000	3 000
Financial Balance	4 000	0	13 000	25 000
Earnings Before Tax	697 000	−1 740 000	−2 888 000	483 000
Tax	0	0	0	0
Net Income	697 000	−1 740 000	−2 888 000	483 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	30 000	30 000	30 000	0
Total Current Assets	2 726 000	3 528 000	5 987 000	7 134 000
Total Assets	2 756 000	3 558 000	6 017 000	7 134 000
Total Retained Equity	1 854 000	1 158 000	2 897 000	5 785 000
Total Equity	1 854 000	1 158 000	2 897 000	5 785 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	902 000	2 400 000	3 120 000	1 349 000
Total Equity and Debt	2 756 000	3 558 000	6 017 000	7 134 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 085 000	9 097 000	11 500 000	8 117 000
Other Income	0	0	0	0
Revenue	6 085 000	9 097 000	11 500 000	8 117 000
Cost of Goods Sold	2 301 000	2 200 000	0	0
Salary Costs	1 989 000	5 561 000	7 131 000	5 491 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	5 392 000	10 837 000	14 400 000	7 659 000
Operating Profit	693 000	−1 740 000	−2 900 000	458 000
Financial Income	5 000	5 000	16 000	28 000
Financial Costs	1 000	5 000	3 000	3 000
Financial Balance	4 000	0	13 000	25 000
Dividends	0	0	0	0
Net Income	697 000	−1 740 000	−2 888 000	483 000

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	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	30 000	30 000	30 000	0
Total Fixed Assets	30 000	30 000	30 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 175 000	1 959 000	5 152 000	6 057 000
Total Current Assets	2 726 000	3 528 000	5 987 000	7 134 000
Total Assets	2 756 000	3 558 000	6 017 000	7 134 000
Total Equity	1 854 000	1 158 000	2 897 000	5 785 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	230 000	808 000	1 458 000	264 000
Unpaid Taxes	390 000	287 000	455 000	309 000
Dividends	0	0	0	0
Other Current Debt	282 000	1 305 000	1 207 000	777 000
Total Current Debt	902 000	2 400 000	3 120 000	1 349 000
Total Equity and Debt	2 756 000	3 558 000	6 017 000	7 134 000

Financial indicators	2022	2021	2020	2019
Return on Equity	37,59 %	−150,26 %	−99,69 %	8,35 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	11,39 %	−19,13 %	−25,22 %	5,64 %
Current Ratio	3,02	1,47	1,92	5,29
Quick Ratio	3,02	1,47	1,92	5,29
Equity Ratio	0,67	0,33	0,48	0,81
Gross Profit Margin	62,19 %	75,82 %	100 %	100 %