CONNECTING BUSINESS AS

4034 STAVANGER

Finances

Return on Equity

860 %

Current Ratio

0,12

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	240 000	385 000	345 000	313 000
Net Income	43 000	208 000	132 000	126 000
Total Assets	249 000	378 000	389 000	350 000
Total Equity	5 000	132 000	174 000	197 000

Income (NOK)	2022	2021	2020	2019
Revenue	240 000	385 000	345 000	313 000
Expenditure	247 000	148 000	186 000	156 000
Operating Profit	−7 000	238 000	158 000	157 000
Financial Income	53 000	22 000	15 000	4 000
Financial Costs	5 000	0	5 000	0
Financial Balance	48 000	22 000	10 000	4 000
Earnings Before Tax	41 000	260 000	167 000	161 000
Tax	−2 000	52 000	35 000	35 000
Net Income	43 000	208 000	132 000	126 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	219 000	208 000	211 000	143 000
Total Current Assets	29 000	170 000	178 000	206 000
Total Assets	249 000	378 000	389 000	350 000
Total Retained Equity	−95 000	32 000	74 000	97 000
Total Equity	5 000	132 000	174 000	197 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	244 000	246 000	215 000	152 000
Total Equity and Debt	249 000	378 000	389 000	350 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	240 000	385 000	345 000	313 000
Other Income	0	0	0	0
Revenue	240 000	385 000	345 000	313 000
Cost of Goods Sold	0	9 000	38 000	1 000
Salary Costs	0	0	0	0
Depreciation	0	0	8 000	8 000
Impairment	0	0	0	0
Expenditure	247 000	148 000	186 000	156 000
Operating Profit	−7 000	238 000	158 000	157 000
Financial Income	53 000	22 000	15 000	4 000
Financial Costs	5 000	0	5 000	0
Financial Balance	48 000	22 000	10 000	4 000
Dividends	0	0	0	0
Net Income	43 000	208 000	132 000	126 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 000	0	3 000	2 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	8 000
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	8 000
Total Fiancial Fixed Assets	218 000	208 000	208 000	133 000
Total Fixed Assets	219 000	208 000	211 000	143 000
Stock	0	0	0	0
Total Investments	9 000	33 000	29 000	60 000
Cash, Bank	7 000	75 000	104 000	37 000
Total Current Assets	29 000	170 000	178 000	206 000
Total Assets	249 000	378 000	389 000	350 000
Total Equity	5 000	132 000	174 000	197 000
Short-Term Group Debt	166 000	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	5 000	5 000	16 000	14 000
Unpaid Taxes	−7 000	9 000	2 000	5 000
Dividends	0	0	0	0
Other Current Debt	0	182 000	182 000	125 000
Total Current Debt	244 000	246 000	215 000	152 000
Total Equity and Debt	249 000	378 000	389 000	350 000

Financial indicators	2022	2021	2020	2019
Return on Equity	860 %	157,58 %	75,86 %	63,96 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−2,92 %	61,82 %	45,8 %	50,16 %
Current Ratio	0,12	0,69	0,83	1,36
Quick Ratio	0,12	0,69	0,83	1,36
Equity Ratio	0,02	0,35	0,45	0,56
Gross Profit Margin	100 %	97,66 %	88,99 %	99,68 %