CONTEC ELECTRONICS AS

1395 HVALSTAD

Finances

Share Ownership

Return on Equity

−9,5 %

Current Ratio

2,28

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 715 000	5 004 000	3 755 000	3 640 000
Net Income	−127 000	300 000	302 000	137 000
Total Assets	2 277 000	3 059 000	2 323 000	2 137 000
Total Equity	1 337 000	1 464 000	1 464 000	1 162 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 715 000	5 004 000	3 755 000	3 640 000
Expenditure	3 878 000	4 619 000	3 368 000	3 465 000
Operating Profit	−163 000	386 000	387 000	176 000
Financial Income	1 000	0	1 000	0
Financial Costs	1 000	2 000	0	0
Financial Balance	0	−2 000	1 000	0
Earnings Before Tax	−163 000	384 000	387 000	176 000
Tax	−36 000	85 000	85 000	39 000
Net Income	−127 000	300 000	302 000	137 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	133 000	103 000	71 000	70 000
Total Current Assets	2 145 000	2 955 000	2 252 000	2 067 000
Total Assets	2 277 000	3 059 000	2 323 000	2 137 000
Total Retained Equity	1 187 000	1 314 000	1 314 000	1 012 000
Total Equity	1 337 000	1 464 000	1 464 000	1 162 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	941 000	1 595 000	859 000	975 000
Total Equity and Debt	2 277 000	3 059 000	2 323 000	2 137 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 853 000	4 921 000	3 743 000	4 039 000
Other Income	−138 000	83 000	12 000	−399 000
Revenue	3 715 000	5 004 000	3 755 000	3 640 000
Cost of Goods Sold	0	22 000	71 000	162 000
Salary Costs	3 482 000	4 108 000	2 820 000	2 841 000
Depreciation	30 000	33 000	18 000	18 000
Impairment	0	0	0	0
Expenditure	3 878 000	4 619 000	3 368 000	3 465 000
Operating Profit	−163 000	386 000	387 000	176 000
Financial Income	1 000	0	1 000	0
Financial Costs	1 000	2 000	0	0
Financial Balance	0	−2 000	1 000	0
Dividends	0	300 000	0	0
Net Income	−127 000	300 000	302 000	137 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	38 000	2 000	3 000	4 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	70 000	76 000	43 000	41 000
Total Tangible Assets	70 000	76 000	43 000	41 000
Total Fiancial Fixed Assets	25 000	25 000	25 000	25 000
Total Fixed Assets	133 000	103 000	71 000	70 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 570 000	2 084 000	1 302 000	720 000
Total Current Assets	2 145 000	2 955 000	2 252 000	2 067 000
Total Assets	2 277 000	3 059 000	2 323 000	2 137 000
Total Equity	1 337 000	1 464 000	1 464 000	1 162 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	7 000	11 000	0	6 000
Unpaid Taxes	635 000	788 000	483 000	563 000
Dividends	0	300 000	0	0
Other Current Debt	299 000	712 000	291 000	368 000
Total Current Debt	941 000	1 595 000	859 000	975 000
Total Equity and Debt	2 277 000	3 059 000	2 323 000	2 137 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−9,5 %	20,49 %	20,63 %	11,79 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−4,39 %	7,71 %	10,31 %	4,84 %
Current Ratio	2,28	1,85	2,62	2,12
Quick Ratio	2,28	1,85	2,62	2,12
Equity Ratio	0,59	0,48	0,63	0,54
Gross Profit Margin	100 %	99,56 %	98,11 %	95,55 %