CONVENE AS

6823 SANDANE

Finances

Return on Equity

−4,17 %

Current Ratio

0,59

Debt-to-Equity Ratio

2,59

Key figures (NOK)	2022	2021	2020	2019
Revenue	201 956 000	200 646 000	205 659 000	173 625 000
Net Income	−3 451 000	48 693 000	51 482 000	13 322 000
Total Assets	388 961 000	457 990 000	437 620 000	405 997 000
Total Equity	82 817 000	124 737 000	128 081 000	124 793 000

Income (NOK)	2022	2021	2020	2019
Revenue	201 956 000	200 646 000	205 659 000	173 625 000
Expenditure	167 146 000	131 126 000	130 891 000	136 090 000
Operating Profit	34 810 000	69 520 000	74 767 000	37 534 000
Financial Income	351 000	364 000	297 000	313 000
Financial Costs	33 016 000	7 898 000	9 656 000	18 995 000
Financial Balance	−32 665 000	−7 534 000	−9 359 000	−18 682 000
Earnings Before Tax	2 146 000	61 987 000	65 408 000	18 852 000
Tax	5 597 000	13 294 000	13 926 000	5 531 000
Net Income	−3 451 000	48 693 000	51 482 000	13 322 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	334 889 000	382 419 000	378 284 000	363 966 000
Total Current Assets	54 072 000	75 570 000	59 336 000	42 031 000
Total Assets	388 961 000	457 990 000	437 620 000	405 997 000
Total Retained Equity	−27 062 000	14 858 000	18 202 000	14 914 000
Total Equity	82 817 000	124 737 000	128 081 000	124 793 000
Total Long-Term Debt	214 526 000	209 594 000	211 895 000	211 610 000
Total Current Debt	91 617 000	123 659 000	97 644 000	69 594 000
Total Equity and Debt	388 961 000	457 990 000	437 620 000	405 997 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	198 423 000	197 111 000	201 955 000	169 428 000
Other Income	3 533 000	3 534 000	3 704 000	4 197 000
Revenue	201 956 000	200 646 000	205 659 000	173 625 000
Cost of Goods Sold	32 718 000	32 213 000	30 731 000	25 191 000
Salary Costs	38 590 000	36 057 000	35 993 000	37 067 000
Depreciation	38 244 000	35 602 000	33 668 000	32 411 000
Impairment	24 904 000	0	0	0
Expenditure	167 146 000	131 126 000	130 891 000	136 090 000
Operating Profit	34 810 000	69 520 000	74 767 000	37 534 000
Financial Income	351 000	364 000	297 000	313 000
Financial Costs	33 016 000	7 898 000	9 656 000	18 995 000
Financial Balance	−32 665 000	−7 534 000	−9 359 000	−18 682 000
Dividends	0	0	0	0
Net Income	−3 451 000	48 693 000	51 482 000	13 322 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	62 437 000	81 796 000	79 852 000	66 368 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	15 777 000	20 267 000	19 246 000	19 104 000
Fixtures	801 000	637 000	872 000	1 472 000
Total Tangible Assets	16 578 000	20 904 000	20 118 000	20 576 000
Total Fiancial Fixed Assets	255 874 000	279 720 000	278 314 000	277 022 000
Total Fixed Assets	334 889 000	382 419 000	378 284 000	363 966 000
Stock	3 352 000	4 464 000	1 932 000	1 713 000
Total Investments	0	0	0	0
Cash, Bank	6 035 000	28 343 000	9 600 000	3 895 000
Total Current Assets	54 072 000	75 570 000	59 336 000	42 031 000
Total Assets	388 961 000	457 990 000	437 620 000	405 997 000
Total Equity	82 817 000	124 737 000	128 081 000	124 793 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	214 526 000	209 594 000	211 895 000	211 610 000
Creditors	5 650 000	6 309 000	18 508 000	17 861 000
Unpaid Taxes	4 877 000	4 402 000	4 428 000	4 101 000
Dividends	0	0	0	0
Other Current Debt	81 090 000	112 947 000	72 908 000	47 632 000
Total Current Debt	91 617 000	123 659 000	97 644 000	69 594 000
Total Equity and Debt	388 961 000	457 990 000	437 620 000	405 997 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,17 %	39,04 %	40,19 %	10,68 %
Debt-to-Equity Ratio	2,59	1,68	1,65	1,7
Operating Profit Margin	17,24 %	34,65 %	36,35 %	21,62 %
Current Ratio	0,59	0,61	0,61	0,6
Quick Ratio	0,61	0,63	0,62	0,62
Equity Ratio	0,21	0,27	0,29	0,31
Gross Profit Margin	83,8 %	83,95 %	85,06 %	85,49 %