CONVERTO HOLDING AS

6003 ÅLESUND

Finances

Return on Equity

14,99 %

Current Ratio

0,91

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	12 455 000
Net Income	4 621 000	5 784 000	1 741 000	1 712 000
Total Assets	42 302 000	41 828 000	34 857 000	31 830 000
Total Equity	30 831 000	30 072 000	28 816 000	23 099 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	12 455 000
Expenditure	315 000	272 000	54 000	13 753 000
Operating Profit	−315 000	−272 000	−54 000	−1 298 000
Financial Income	7 984 000	6 244 000	1 858 000	3 462 000
Financial Costs	3 048 000	188 000	88 000	242 000
Financial Balance	4 936 000	6 056 000	1 770 000	3 220 000
Earnings Before Tax	4 621 000	5 784 000	1 716 000	1 922 000
Tax	0	0	−25 000	210 000
Net Income	4 621 000	5 784 000	1 741 000	1 712 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	31 897 000	30 114 000	26 296 000	19 754 000
Total Current Assets	10 405 000	11 713 000	8 562 000	12 075 000
Total Assets	42 302 000	41 828 000	34 857 000	31 830 000
Total Retained Equity	7 485 000	6 710 000	5 439 000	6 029 000
Total Equity	30 831 000	30 072 000	28 816 000	23 099 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	11 471 000	11 755 000	6 041 000	8 730 000
Total Equity and Debt	42 302 000	41 828 000	34 857 000	31 830 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	12 455 000
Other Income	0	0	0	0
Revenue	0	0	0	12 455 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	11 368 000
Depreciation	0	0	0	97 000
Impairment	0	0	0	0
Expenditure	315 000	272 000	54 000	13 753 000
Operating Profit	−315 000	−272 000	−54 000	−1 298 000
Financial Income	7 984 000	6 244 000	1 858 000	3 462 000
Financial Costs	3 048 000	188 000	88 000	242 000
Financial Balance	4 936 000	6 056 000	1 770 000	3 220 000
Dividends	2 000 000	3 866 000	1 174 000	2 834 000
Net Income	4 621 000	5 784 000	1 741 000	1 712 000

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	193 000
Total Tangible Assets	0	0	0	193 000
Total Fiancial Fixed Assets	31 897 000	30 114 000	26 296 000	19 561 000
Total Fixed Assets	31 897 000	30 114 000	26 296 000	19 754 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 184 000	1 182 000	2 677 000	5 889 000
Total Current Assets	10 405 000	11 713 000	8 562 000	12 075 000
Total Assets	42 302 000	41 828 000	34 857 000	31 830 000
Total Equity	30 831 000	30 072 000	28 816 000	23 099 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 000	92 000	425 000	175 000
Unpaid Taxes	0	0	46 000	1 259 000
Dividends	2 000 000	3 866 000	1 174 000	2 834 000
Other Current Debt	3 749 000	5 088 000	2 315 000	7 087 000
Total Current Debt	11 471 000	11 755 000	6 041 000	8 730 000
Total Equity and Debt	42 302 000	41 828 000	34 857 000	31 830 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,99 %	19,23 %	6,04 %	7,41 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	−10,42 %
Current Ratio	0,91	1	1,42	1,38
Quick Ratio	0,91	1	1,42	1,38
Equity Ratio	0,73	0,72	0,83	0,73
Gross Profit Margin	-	-	-	100 %