CONECCO AS

1747 SKJEBERG

Finances

Return on Equity

24,65 %

Current Ratio

168,97

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	854 000	0	0	904 000
Net Income	10 853 000	2 815 000	802 000	27 312 000
Total Assets	44 240 000	33 194 000	36 396 000	39 066 000
Total Equity	44 025 000	33 172 000	33 357 000	38 555 000

Income (NOK)	2022	2021	2020	2019
Revenue	854 000	0	0	904 000
Expenditure	284 000	271 000	1 227 000	443 000
Operating Profit	570 000	−271 000	−1 227 000	461 000
Financial Income	14 718 000	3 127 000	2 005 000	27 011 000
Financial Costs	4 309 000	42 000	161 000	4 000
Financial Balance	10 409 000	3 085 000	1 844 000	27 007 000
Earnings Before Tax	10 979 000	2 815 000	618 000	27 467 000
Tax	126 000	0	−185 000	155 000
Net Income	10 853 000	2 815 000	802 000	27 312 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 912 000	3 273 000	2 379 000	11 819 000
Total Current Assets	36 328 000	29 921 000	34 017 000	27 248 000
Total Assets	44 240 000	33 194 000	36 396 000	39 066 000
Total Retained Equity	43 920 000	33 067 000	33 252 000	38 450 000
Total Equity	44 025 000	33 172 000	33 357 000	38 555 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	215 000	22 000	3 039 000	511 000
Total Equity and Debt	44 240 000	33 194 000	36 396 000	39 066 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	854 000	0	0	904 000
Revenue	854 000	0	0	904 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	1 120 000	433 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	284 000	271 000	1 227 000	443 000
Operating Profit	570 000	−271 000	−1 227 000	461 000
Financial Income	14 718 000	3 127 000	2 005 000	27 011 000
Financial Costs	4 309 000	42 000	161 000	4 000
Financial Balance	10 409 000	3 085 000	1 844 000	27 007 000
Dividends	0	3 000 000	6 000 000	0
Net Income	10 853 000	2 815 000	802 000	27 312 000

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	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	7 912 000	3 273 000	2 379 000	11 819 000
Total Fixed Assets	7 912 000	3 273 000	2 379 000	11 819 000
Stock	0	0	0	0
Total Investments	27 589 000	27 436 000	18 207 000	0
Cash, Bank	8 060 000	1 074 000	14 416 000	16 380 000
Total Current Assets	36 328 000	29 921 000	34 017 000	27 248 000
Total Assets	44 240 000	33 194 000	36 396 000	39 066 000
Total Equity	44 025 000	33 172 000	33 357 000	38 555 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	14 000	0	0	13 000
Unpaid Taxes	0	0	2 000	61 000
Dividends	0	3 000 000	6 000 000	0
Other Current Debt	75 000	22 000	37 000	282 000
Total Current Debt	215 000	22 000	3 039 000	511 000
Total Equity and Debt	44 240 000	33 194 000	36 396 000	39 066 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,65 %	8,49 %	2,4 %	70,84 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	66,74 %	-	-	51 %
Current Ratio	168,97	1 360,05	11,19	53,32
Quick Ratio	168,97	1 360,05	11,19	53,32
Equity Ratio	1	1	0,92	0,99
Gross Profit Margin	100 %	-	-	100 %