U7 – Universitetsgaten | Oslo, Norway Photo © Andrius Gudelis growth and stable net profit reflect our commitment to excellence, customer satisfaction, and our ability to adapt to changing market conditions. The distribution of our income from markets is as follows: 19% from Norway, 31% from the United Kingdom, 20% from Sweden, and 30% from Lithuania and other markets. Financial Results & Business Plans Go to contents 64 A short introduction to Corporate Finance Staticus’ consolidated revenue grew by an impressive 32% in 2022 as compared to the previous year. This significant growth is a clear indication of the success of our business strategies, the efficiency of our operations, and the trust our clients have in our services. While revenue grew, our net profit remained stable at 2.91% in 2022. This compares to 2.96% in 2021. It is important to note that maintaining a stable net profit is a commendable achievement considering the challenges faced by the construction industry during the pandemic 2022 2021 2020 2019 2018 2017 Revenue , in thousands of EUR 80 895 61 293 60 094 72 604 51 419 41 331 Change , compared with previous year 32% 2% -17% 41% 24% -11% Net profit , in thousands of EUR 2 350 1 813 1 461 2 081 1 332 818 Net profit , % 2.91% 2.96% 2.43% 2.87% 2.59% 1.98% Market revenues 2022 2021 2020 2019 2018 2017 UK 31% 14% 21% 48% 35% 35% NO 19% 16% 60% 23% 39% 46% SE 20% 40% 18% 19% 20% 9% LT and other markets 30% 30% 1% 10% 6% 10% Total liquidity ratio* 1.7 1.5 1.5 1.1 1.1 1.1 * Current ratio = Current assets / Current liabilities and the war in Ukraine. We were able to achieve this stability by implementing cost-saving measures, improving our supply chain management, and optimising our production processes. Our focus on efficiency has allowed us to maintain profitability while still providing high-quality services to our clients. As a unitised façade subcontractor, we take pride in our ability to deliver exceptional work and meet our clients' needs efficiently. We believe that our impressive revenue