KONVEGENS INVEST AS

1358 JAR

Finances

Return on Equity

81,03 %

Current Ratio

0,73

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 254 000	7 621 000	−2 121 000	−203 000
Net Income	4 605 000	7 142 000	−2 361 000	−3 191 000
Total Assets	49 444 000	44 571 000	42 754 000	42 460 000
Total Equity	5 683 000	44 520 000	37 378 000	39 739 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 254 000	7 621 000	−2 121 000	−203 000
Expenditure	1 289 000	1 328 000	1 057 000	379 000
Operating Profit	3 965 000	6 292 000	−3 178 000	−582 000
Financial Income	909 000	418 000	4 056 000	725 000
Financial Costs	75 000	182 000	3 241 000	3 351 000
Financial Balance	834 000	236 000	815 000	−2 626 000
Earnings Before Tax	4 798 000	6 528 000	−2 362 000	−3 208 000
Tax	193 000	−614 000	−1 000	−17 000
Net Income	4 605 000	7 142 000	−2 361 000	−3 191 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	17 614 000	20 696 000	38 344 000	36 419 000
Total Current Assets	31 830 000	23 875 000	4 410 000	6 041 000
Total Assets	49 444 000	44 571 000	42 754 000	42 460 000
Total Retained Equity	3 583 000	42 420 000	35 278 000	37 639 000
Total Equity	5 683 000	44 520 000	37 378 000	39 739 000
Total Long-Term Debt	0	0	5 237 000	1 907 000
Total Current Debt	43 761 000	50 000	140 000	814 000
Total Equity and Debt	49 444 000	44 571 000	42 754 000	42 460 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	5 254 000	7 621 000	−2 121 000	−203 000
Revenue	5 254 000	7 621 000	−2 121 000	−203 000
Cost of Goods Sold	0	0	0	0
Salary Costs	903 000	1 044 000	761 000	22 000
Depreciation	0	0	10 000	7 000
Impairment	0	0	0	0
Expenditure	1 289 000	1 328 000	1 057 000	379 000
Operating Profit	3 965 000	6 292 000	−3 178 000	−582 000
Financial Income	909 000	418 000	4 056 000	725 000
Financial Costs	75 000	182 000	3 241 000	3 351 000
Financial Balance	834 000	236 000	815 000	−2 626 000
Dividends	42 800 000	0	0	0
Net Income	4 605 000	7 142 000	−2 361 000	−3 191 000

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	50 000	50 000	50 000	60 000
Total Tangible Assets	50 000	50 000	50 000	60 000
Total Fiancial Fixed Assets	17 564 000	20 646 000	38 294 000	36 359 000
Total Fixed Assets	17 614 000	20 696 000	38 344 000	36 419 000
Stock	0	0	0	0
Total Investments	21 871 000	11 577 000	2 919 000	2 616 000
Cash, Bank	7 309 000	12 272 000	1 481 000	3 239 000
Total Current Assets	31 830 000	23 875 000	4 410 000	6 041 000
Total Assets	49 444 000	44 571 000	42 754 000	42 460 000
Total Equity	5 683 000	44 520 000	37 378 000	39 739 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	5 237 000	1 907 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	9 000
Dividends	42 800 000	0	0	0
Other Current Debt	961 000	50 000	140 000	805 000
Total Current Debt	43 761 000	50 000	140 000	814 000
Total Equity and Debt	49 444 000	44 571 000	42 754 000	42 460 000

Financial indicators	2022	2021	2020	2019
Return on Equity	81,03 %	16,04 %	−6,32 %	−8,03 %
Debt-to-Equity Ratio	0	0	0,14	0,05
Operating Profit Margin	75,47 %	82,56 %	149,83 %	286,7 %
Current Ratio	0,73	477,5	31,5	7,42
Quick Ratio	0,73	477,5	31,5	7,42
Equity Ratio	0,11	1	0,87	0,94
Gross Profit Margin	100 %	100 %	100 %	100 %