CONVEX INNOVATIONS AS

1362 HOSLE

Finances

Return on Equity

25,6 %

Current Ratio

977

Debt-to-Equity Ratio

−1,75

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−332 000	−174 000	255 000	−845 000
Total Assets	977 000	1 340 000	1 470 000	1 234 000
Total Equity	−1 297 000	−965 000	−791 000	−1 046 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	108 000	166 000	88 000	78 000
Operating Profit	−108 000	−166 000	−88 000	−78 000
Financial Income	0	1 000	361 000	0
Financial Costs	224 000	9 000	19 000	767 000
Financial Balance	−224 000	−8 000	342 000	−767 000
Earnings Before Tax	−332 000	−174 000	255 000	−845 000
Tax	0	0	0	0
Net Income	−332 000	−174 000	255 000	−845 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	977 000	1 340 000	1 470 000	1 234 000
Total Assets	977 000	1 340 000	1 470 000	1 234 000
Total Retained Equity	−1 397 000	−1 065 000	−891 000	−1 146 000
Total Equity	−1 297 000	−965 000	−791 000	−1 046 000
Total Long-Term Debt	2 273 000	2 305 000	2 261 000	2 280 000
Total Current Debt	1 000	0	0	0
Total Equity and Debt	977 000	1 340 000	1 470 000	1 234 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	62 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	108 000	166 000	88 000	78 000
Operating Profit	−108 000	−166 000	−88 000	−78 000
Financial Income	0	1 000	361 000	0
Financial Costs	224 000	9 000	19 000	767 000
Financial Balance	−224 000	−8 000	342 000	−767 000
Dividends	0	0	0	0
Net Income	−332 000	−174 000	255 000	−845 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	91 000	7 000	5 000	497 000
Cash, Bank	886 000	1 333 000	1 465 000	720 000
Total Current Assets	977 000	1 340 000	1 470 000	1 234 000
Total Assets	977 000	1 340 000	1 470 000	1 234 000
Total Equity	−1 297 000	−965 000	−791 000	−1 046 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 273 000	2 305 000	2 261 000	2 280 000
Creditors	1 000	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	1 000	0	0	0
Total Equity and Debt	977 000	1 340 000	1 470 000	1 234 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,6 %	18,03 %	−32,24 %	80,78 %
Debt-to-Equity Ratio	−1,75	−2,39	−2,86	−2,18
Operating Profit Margin	-	-	-	-
Current Ratio	977	-	-	-
Quick Ratio	977	-	-	-
Equity Ratio	−1,33	−0,72	−0,54	−0,85
Gross Profit Margin	-	-	-	-