BIOCONNECT AS

3209 SANDEFJORD

Finances

Return on Equity

53,82 %

Current Ratio

2,87

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 225 000	8 205 000	10 123 000	3 919 000
Net Income	1 713 000	1 033 000	525 000	−3 000
Total Assets	4 635 000	2 812 000	2 084 000	1 563 000
Total Equity	3 183 000	1 470 000	749 000	223 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 225 000	8 205 000	10 123 000	3 919 000
Expenditure	7 002 000	6 847 000	9 336 000	3 899 000
Operating Profit	2 224 000	1 357 000	787 000	20 000
Financial Income	75 000	37 000	136 000	37 000
Financial Costs	90 000	69 000	214 000	54 000
Financial Balance	−15 000	−32 000	−78 000	−17 000
Earnings Before Tax	2 208 000	1 325 000	709 000	3 000
Tax	496 000	292 000	184 000	6 000
Net Income	1 713 000	1 033 000	525 000	−3 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	472 000	536 000	550 000	376 000
Total Current Assets	4 163 000	2 276 000	1 534 000	1 187 000
Total Assets	4 635 000	2 812 000	2 084 000	1 563 000
Total Retained Equity	3 083 000	1 370 000	649 000	123 000
Total Equity	3 183 000	1 470 000	749 000	223 000
Total Long-Term Debt	2 000	3 000	2 000	0
Total Current Debt	1 450 000	1 339 000	1 333 000	1 340 000
Total Equity and Debt	4 635 000	2 812 000	2 084 000	1 563 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 225 000	8 205 000	10 123 000	3 919 000
Other Income	0	0	0	0
Revenue	9 225 000	8 205 000	10 123 000	3 919 000
Cost of Goods Sold	720 000	748 000	985 000	0
Salary Costs	3 633 000	3 688 000	4 211 000	2 563 000
Depreciation	17 000	13 000	4 000	0
Impairment	0	0	0	0
Expenditure	7 002 000	6 847 000	9 336 000	3 899 000
Operating Profit	2 224 000	1 357 000	787 000	20 000
Financial Income	75 000	37 000	136 000	37 000
Financial Costs	90 000	69 000	214 000	54 000
Financial Balance	−15 000	−32 000	−78 000	−17 000
Dividends	0	0	0	0
Net Income	1 713 000	1 033 000	525 000	−3 000

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	40 000	57 000	55 000	0
Total Tangible Assets	40 000	57 000	55 000	0
Total Fiancial Fixed Assets	432 000	479 000	495 000	376 000
Total Fixed Assets	472 000	536 000	550 000	376 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	201 000	94 000	283 000	9 000
Total Current Assets	4 163 000	2 276 000	1 534 000	1 187 000
Total Assets	4 635 000	2 812 000	2 084 000	1 563 000
Total Equity	3 183 000	1 470 000	749 000	223 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 000	3 000	2 000	0
Creditors	240 000	84 000	190 000	884 000
Unpaid Taxes	337 000	183 000	337 000	221 000
Dividends	0	0	0	0
Other Current Debt	376 000	870 000	624 000	229 000
Total Current Debt	1 450 000	1 339 000	1 333 000	1 340 000
Total Equity and Debt	4 635 000	2 812 000	2 084 000	1 563 000

Financial indicators	2022	2021	2020	2019
Return on Equity	53,82 %	70,27 %	70,09 %	−1,35 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	24,11 %	16,54 %	7,77 %	0,51 %
Current Ratio	2,87	1,7	1,15	0,89
Quick Ratio	2,87	1,7	1,15	0,89
Equity Ratio	0,69	0,52	0,36	0,14
Gross Profit Margin	92,2 %	90,88 %	90,27 %	100 %