CONWELL AS

3089 HOLMESTRAND

Finances

Share Ownership

Return on Equity

38,25 %

Current Ratio

1,36

Debt-to-Equity Ratio

0,29

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 909 000	10 773 000	13 161 000	13 942 000
Net Income	433 000	422 000	736 000	586 000
Total Assets	4 199 000	2 921 000	3 390 000	3 566 000
Total Equity	1 132 000	758 000	474 000	670 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 909 000	10 773 000	13 161 000	13 942 000
Expenditure	11 346 000	10 200 000	12 369 000	13 206 000
Operating Profit	563 000	572 000	792 000	736 000
Financial Income	189 000	126 000	284 000	99 000
Financial Costs	194 000	157 000	130 000	83 000
Financial Balance	−5 000	−31 000	154 000	16 000
Earnings Before Tax	559 000	541 000	947 000	752 000
Tax	126 000	119 000	210 000	167 000
Net Income	433 000	422 000	736 000	586 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	478 000	368 000	44 000	0
Total Current Assets	3 721 000	2 553 000	3 346 000	3 566 000
Total Assets	4 199 000	2 921 000	3 390 000	3 566 000
Total Retained Equity	1 029 000	655 000	372 000	568 000
Total Equity	1 132 000	758 000	474 000	670 000
Total Long-Term Debt	324 000	312 000	10 000	9 000
Total Current Debt	2 743 000	1 851 000	2 906 000	2 886 000
Total Equity and Debt	4 199 000	2 921 000	3 390 000	3 566 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 909 000	10 773 000	13 161 000	13 942 000
Other Income	0	0	0	0
Revenue	11 909 000	10 773 000	13 161 000	13 942 000
Cost of Goods Sold	9 891 000	8 955 000	11 108 000	11 879 000
Salary Costs	878 000	770 000	762 000	785 000
Depreciation	74 000	30 000	4 000	0
Impairment	0	0	0	0
Expenditure	11 346 000	10 200 000	12 369 000	13 206 000
Operating Profit	563 000	572 000	792 000	736 000
Financial Income	189 000	126 000	284 000	99 000
Financial Costs	194 000	157 000	130 000	83 000
Financial Balance	−5 000	−31 000	154 000	16 000
Dividends	0	0	900 000	500 000
Net Income	433 000	422 000	736 000	586 000

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	478 000	368 000	44 000	0
Total Tangible Assets	478 000	368 000	44 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	478 000	368 000	44 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 168 000	1 081 000	1 634 000	1 429 000
Total Current Assets	3 721 000	2 553 000	3 346 000	3 566 000
Total Assets	4 199 000	2 921 000	3 390 000	3 566 000
Total Equity	1 132 000	758 000	474 000	670 000
Short-Term Group Debt	194 000	218 000	41 000	53 000
Total Long-Term Debt	324 000	312 000	10 000	9 000
Creditors	2 254 000	1 316 000	1 755 000	1 968 000
Unpaid Taxes	93 000	76 000	56 000	82 000
Dividends	0	0	900 000	500 000
Other Current Debt	86 000	172 000	102 000	117 000
Total Current Debt	2 743 000	1 851 000	2 906 000	2 886 000
Total Equity and Debt	4 199 000	2 921 000	3 390 000	3 566 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,25 %	55,67 %	155,27 %	87,46 %
Debt-to-Equity Ratio	0,29	0,41	0,02	0,01
Operating Profit Margin	4,73 %	5,31 %	6,02 %	5,28 %
Current Ratio	1,36	1,38	1,15	1,24
Quick Ratio	1,36	1,38	1,15	1,24
Equity Ratio	0,27	0,26	0,14	0,19
Gross Profit Margin	16,95 %	16,88 %	15,6 %	14,8 %