INVISIBLE CONNECTIONS AS

6300 ÅNDALSNES

Finances

Share Ownership

Return on Equity

3,99 %

Current Ratio

1,64

Debt-to-Equity Ratio

0,3

Key figures (NOK)	2022	2021	2020	2019
Revenue	52 621 000	45 023 000	39 918 000	43 549 000
Net Income	646 000	303 000	229 000	1 215 000
Total Assets	39 371 000	43 879 000	29 834 000	30 475 000
Total Equity	16 195 000	15 549 000	15 246 000	15 017 000

Income (NOK)	2022	2021	2020	2019
Revenue	52 621 000	45 023 000	39 918 000	43 549 000
Expenditure	54 960 000	46 738 000	39 428 000	42 751 000
Operating Profit	867 000	756 000	531 000	1 774 000
Financial Income	814 000	28 000	184 000	134 000
Financial Costs	840 000	377 000	413 000	335 000
Financial Balance	−26 000	−349 000	−229 000	−201 000
Earnings Before Tax	841 000	407 000	302 000	1 572 000
Tax	196 000	104 000	74 000	357 000
Net Income	646 000	303 000	229 000	1 215 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 511 000	9 628 000	10 434 000	9 345 000
Total Current Assets	29 860 000	34 251 000	19 401 000	21 129 000
Total Assets	39 371 000	43 879 000	29 834 000	30 475 000
Total Retained Equity	13 694 000	13 048 000	12 745 000	12 516 000
Total Equity	16 195 000	15 549 000	15 246 000	15 017 000
Total Long-Term Debt	4 938 000	5 761 000	8 589 000	8 962 000
Total Current Debt	18 238 000	22 568 000	5 999 000	6 495 000
Total Equity and Debt	39 371 000	43 879 000	29 834 000	30 475 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	52 621 000	44 706 000	39 849 000	43 518 000
Other Income	0	317 000	69 000	30 000
Revenue	52 621 000	45 023 000	39 918 000	43 549 000
Cost of Goods Sold	23 052 000	18 049 000	14 031 000	15 581 000
Salary Costs	15 659 000	14 569 000	13 470 000	14 140 000
Depreciation	1 799 000	1 814 000	1 787 000	1 318 000
Impairment	0	0	0	0
Expenditure	54 960 000	46 738 000	39 428 000	42 751 000
Operating Profit	867 000	756 000	531 000	1 774 000
Financial Income	814 000	28 000	184 000	134 000
Financial Costs	840 000	377 000	413 000	335 000
Financial Balance	−26 000	−349 000	−229 000	−201 000
Dividends	0	0	0	0
Net Income	646 000	303 000	229 000	1 215 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 051 000	1 733 000	1 569 000	2 227 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	7 240 000	7 626 000	8 629 000	6 765 000
Fixtures	75 000	95 000	143 000	218 000
Total Tangible Assets	7 314 000	7 721 000	8 772 000	6 983 000
Total Fiancial Fixed Assets	145 000	174 000	92 000	135 000
Total Fixed Assets	9 511 000	9 628 000	10 434 000	9 345 000
Stock	19 207 000	16 768 000	12 936 000	12 927 000
Total Investments	0	0	0	0
Cash, Bank	6 664 000	11 007 000	1 756 000	437 000
Total Current Assets	29 860 000	34 251 000	19 401 000	21 129 000
Total Assets	39 371 000	43 879 000	29 834 000	30 475 000
Total Equity	16 195 000	15 549 000	15 246 000	15 017 000
Short-Term Group Debt	3 663 000	2 594 000	335 000	0
Total Long-Term Debt	4 938 000	5 761 000	8 589 000	8 962 000
Creditors	2 936 000	5 120 000	2 148 000	3 082 000
Unpaid Taxes	1 353 000	1 193 000	1 205 000	990 000
Dividends	0	0	0	0
Other Current Debt	2 671 000	2 405 000	2 311 000	2 304 000
Total Current Debt	18 238 000	22 568 000	5 999 000	6 495 000
Total Equity and Debt	39 371 000	43 879 000	29 834 000	30 475 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,99 %	1,95 %	1,5 %	8,09 %
Debt-to-Equity Ratio	0,3	0,37	0,56	0,6
Operating Profit Margin	1,65 %	1,68 %	1,33 %	4,07 %
Current Ratio	1,64	1,52	3,23	3,25
Quick Ratio	−30,82	5,91	−2,8	−3,28
Equity Ratio	0,41	0,35	0,51	0,49
Gross Profit Margin	56,19 %	59,91 %	64,85 %	64,22 %