VÄXTHUS AS

5017 BERGEN

Finances

Share Ownership

Return on Equity

−55,17 %

Current Ratio

0,78

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 412 000	1 816 000	1 078 000	1 078 000
Net Income	−32 000	118 000	−58 000	−3 000
Total Assets	349 000	429 000	273 000	328 000
Total Equity	58 000	90 000	24 000	82 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 412 000	1 816 000	1 078 000	1 078 000
Expenditure	2 438 000	1 675 000	1 136 000	1 080 000
Operating Profit	−26 000	140 000	−58 000	−3 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−26 000	140 000	−58 000	−3 000
Tax	6 000	22 000	0	0
Net Income	−32 000	118 000	−58 000	−3 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	122 000	176 000	230 000	284 000
Total Current Assets	227 000	253 000	43 000	44 000
Total Assets	349 000	429 000	273 000	328 000
Total Retained Equity	−27 000	6 000	−61 000	−3 000
Total Equity	58 000	90 000	24 000	82 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	292 000	339 000	249 000	246 000
Total Equity and Debt	349 000	429 000	273 000	328 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 412 000	1 741 000	1 078 000	1 078 000
Other Income	0	75 000	0	0
Revenue	2 412 000	1 816 000	1 078 000	1 078 000
Cost of Goods Sold	550 000	367 000	214 000	279 000
Salary Costs	1 311 000	940 000	572 000	365 000
Depreciation	54 000	54 000	54 000	40 000
Impairment	0	0	0	0
Expenditure	2 438 000	1 675 000	1 136 000	1 080 000
Operating Profit	−26 000	140 000	−58 000	−3 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	52 000	0	0
Net Income	−32 000	118 000	−58 000	−3 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	72 000	84 000	96 000	108 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	45 000	87 000	129 000	170 000
Total Tangible Assets	117 000	171 000	225 000	279 000
Total Fiancial Fixed Assets	5 000	5 000	5 000	5 000
Total Fixed Assets	122 000	176 000	230 000	284 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	181 000	247 000	41 000	32 000
Total Current Assets	227 000	253 000	43 000	44 000
Total Assets	349 000	429 000	273 000	328 000
Total Equity	58 000	90 000	24 000	82 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	1 000	0
Unpaid Taxes	89 000	141 000	77 000	21 000
Dividends	0	52 000	0	0
Other Current Debt	200 000	124 000	171 000	226 000
Total Current Debt	292 000	339 000	249 000	246 000
Total Equity and Debt	349 000	429 000	273 000	328 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−55,17 %	131,11 %	−241,67 %	−3,66 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−1,08 %	7,71 %	−5,38 %	−0,28 %
Current Ratio	0,78	0,75	0,17	0,18
Quick Ratio	0,78	0,75	0,17	0,18
Equity Ratio	0,17	0,21	0,09	0,25
Gross Profit Margin	77,2 %	79,79 %	80,15 %	74,12 %