VAVUT TECH AS

9516 ALTA

Finances

Share Ownership

Return on Equity

−30,28 %

Current Ratio

0,11

Debt-to-Equity Ratio

−0,77

Key figures (NOK)	2022	2021	2020	2019
Revenue	345 000	702 000	545 000	776 000
Net Income	182 000	273 000	−215 000	−683 000
Total Assets	78 000	239 000	228 000	508 000
Total Equity	−601 000	−783 000	−1 056 000	−841 000

Income (NOK)	2022	2021	2020	2019
Revenue	345 000	702 000	545 000	776 000
Expenditure	77 000	292 000	675 000	1 364 000
Operating Profit	268 000	410 000	−129 000	−587 000
Financial Income	2 000	7 000	0	21 000
Financial Costs	30 000	128 000	86 000	117 000
Financial Balance	−28 000	−121 000	−86 000	−96 000
Earnings Before Tax	240 000	289 000	−215 000	−683 000
Tax	58 000	16 000	0	0
Net Income	182 000	273 000	−215 000	−683 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	53 000	53 000	53 000	53 000
Total Current Assets	25 000	186 000	175 000	455 000
Total Assets	78 000	239 000	228 000	508 000
Total Retained Equity	−631 000	−813 000	−1 086 000	−871 000
Total Equity	−601 000	−783 000	−1 056 000	−841 000
Total Long-Term Debt	462 000	862 000	1 076 000	1 173 000
Total Current Debt	218 000	160 000	209 000	176 000
Total Equity and Debt	78 000	239 000	228 000	508 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	31 000	135 000	64 000	76 000
Other Income	314 000	567 000	481 000	700 000
Revenue	345 000	702 000	545 000	776 000
Cost of Goods Sold	0	130 000	272 000	763 000
Salary Costs	0	0	23 000	102 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	77 000	292 000	675 000	1 364 000
Operating Profit	268 000	410 000	−129 000	−587 000
Financial Income	2 000	7 000	0	21 000
Financial Costs	30 000	128 000	86 000	117 000
Financial Balance	−28 000	−121 000	−86 000	−96 000
Dividends	0	0	0	0
Net Income	182 000	273 000	−215 000	−683 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	53 000	53 000	53 000	53 000
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	0	0	0	0
Total Fixed Assets	53 000	53 000	53 000	53 000
Stock	0	0	130 000	402 000
Total Investments	0	0	0	0
Cash, Bank	9 000	84 000	15 000	14 000
Total Current Assets	25 000	186 000	175 000	455 000
Total Assets	78 000	239 000	228 000	508 000
Total Equity	−601 000	−783 000	−1 056 000	−841 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	462 000	862 000	1 076 000	1 173 000
Creditors	117 000	117 000	180 000	136 000
Unpaid Taxes	21 000	21 000	21 000	19 000
Dividends	0	0	0	0
Other Current Debt	26 000	10 000	13 000	21 000
Total Current Debt	218 000	160 000	209 000	176 000
Total Equity and Debt	78 000	239 000	228 000	508 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−30,28 %	−34,87 %	20,36 %	81,21 %
Debt-to-Equity Ratio	−0,77	−1,1	−1,02	−1,39
Operating Profit Margin	77,68 %	58,4 %	−23,67 %	−75,64 %
Current Ratio	0,11	1,16	0,84	2,59
Quick Ratio	0,11	1,16	2,22	−2,01
Equity Ratio	−7,71	−3,28	−4,63	−1,66
Gross Profit Margin	100 %	81,48 %	50,09 %	1,68 %