CONNEX AS

1367 SNARØYA

Finances

Return on Equity

28,58 %

Current Ratio

3,83

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 258 000	972 000	211 000	1 589 000
Net Income	473 000	316 000	21 000	326 000
Total Assets	2 233 000	1 503 000	1 242 000	1 174 000
Total Equity	1 655 000	1 381 000	1 065 000	1 044 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 258 000	972 000	211 000	1 589 000
Expenditure	2 651 000	557 000	229 000	1 171 000
Operating Profit	607 000	414 000	−17 000	418 000
Financial Income	0	0	45 000	0
Financial Costs	0	9 000	1 000	0
Financial Balance	0	−9 000	44 000	0
Earnings Before Tax	607 000	405 000	27 000	418 000
Tax	134 000	89 000	6 000	92 000
Net Income	473 000	316 000	21 000	326 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	17 000	17 000	17 000	17 000
Total Current Assets	2 217 000	1 486 000	1 226 000	1 158 000
Total Assets	2 233 000	1 503 000	1 242 000	1 174 000
Total Retained Equity	1 555 000	1 281 000	965 000	944 000
Total Equity	1 655 000	1 381 000	1 065 000	1 044 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	579 000	122 000	177 000	130 000
Total Equity and Debt	2 233 000	1 503 000	1 242 000	1 174 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 258 000	972 000	211 000	1 589 000
Other Income	0	0	0	0
Revenue	3 258 000	972 000	211 000	1 589 000
Cost of Goods Sold	2 073 000	536 000	79 000	1 078 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 651 000	557 000	229 000	1 171 000
Operating Profit	607 000	414 000	−17 000	418 000
Financial Income	0	0	45 000	0
Financial Costs	0	9 000	1 000	0
Financial Balance	0	−9 000	44 000	0
Dividends	0	0	0	0
Net Income	473 000	316 000	21 000	326 000

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	17 000	17 000	17 000	17 000
Total Fixed Assets	17 000	17 000	17 000	17 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 483 000	906 000	708 000	635 000
Total Current Assets	2 217 000	1 486 000	1 226 000	1 158 000
Total Assets	2 233 000	1 503 000	1 242 000	1 174 000
Total Equity	1 655 000	1 381 000	1 065 000	1 044 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	9 000	0	159 000	0
Unpaid Taxes	424 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	12 000	32 000	12 000	38 000
Total Current Debt	579 000	122 000	177 000	130 000
Total Equity and Debt	2 233 000	1 503 000	1 242 000	1 174 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,58 %	22,88 %	1,97 %	31,23 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	18,63 %	42,59 %	−8,06 %	26,31 %
Current Ratio	3,83	12,18	6,93	8,91
Quick Ratio	3,83	12,18	6,93	8,91
Equity Ratio	0,74	0,92	0,86	0,89
Gross Profit Margin	36,37 %	44,86 %	62,56 %	32,16 %