VISIONTECH AS

7047 TRONDHEIM

Finances

Return on Equity

29,02 %

Current Ratio

1,61

Debt-to-Equity Ratio

0,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	60 863 000	45 440 000	43 484 000	47 984 000
Net Income	3 025 000	995 000	1 213 000	1 148 000
Total Assets	29 275 000	19 350 000	20 582 000	20 877 000
Total Equity	10 425 000	8 816 000	8 808 000	7 595 000

Income (NOK)	2022	2021	2020	2019
Revenue	60 863 000	45 440 000	43 484 000	47 984 000
Expenditure	56 923 000	43 717 000	41 538 000	46 425 000
Operating Profit	3 941 000	1 722 000	1 946 000	1 559 000
Financial Income	49 000	58 000	56 000	89 000
Financial Costs	125 000	407 000	362 000	131 000
Financial Balance	−76 000	−349 000	−306 000	−42 000
Earnings Before Tax	3 865 000	1 373 000	1 641 000	1 517 000
Tax	841 000	378 000	428 000	369 000
Net Income	3 025 000	995 000	1 213 000	1 148 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	287 000	229 000	833 000	1 090 000
Total Current Assets	28 987 000	19 121 000	19 749 000	19 787 000
Total Assets	29 275 000	19 350 000	20 582 000	20 877 000
Total Retained Equity	8 563 000	6 954 000	6 946 000	5 733 000
Total Equity	10 425 000	8 816 000	8 808 000	7 595 000
Total Long-Term Debt	826 000	211 000	0	1 435 000
Total Current Debt	18 024 000	10 323 000	11 774 000	11 847 000
Total Equity and Debt	29 275 000	19 350 000	20 582 000	20 877 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	60 863 000	44 985 000	43 483 000	49 221 000
Other Income	0	455 000	1 000	−1 237 000
Revenue	60 863 000	45 440 000	43 484 000	47 984 000
Cost of Goods Sold	22 679 000	14 481 000	11 109 000	15 183 000
Salary Costs	26 721 000	22 983 000	24 231 000	24 177 000
Depreciation	170 000	171 000	143 000	126 000
Impairment	0	0	0	0
Expenditure	56 923 000	43 717 000	41 538 000	46 425 000
Operating Profit	3 941 000	1 722 000	1 946 000	1 559 000
Financial Income	49 000	58 000	56 000	89 000
Financial Costs	125 000	407 000	362 000	131 000
Financial Balance	−76 000	−349 000	−306 000	−42 000
Dividends	1 512 000	497 000	0	0
Net Income	3 025 000	995 000	1 213 000	1 148 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	167 000	199 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	287 000	229 000	265 000	215 000
Total Tangible Assets	287 000	229 000	265 000	215 000
Total Fiancial Fixed Assets	0	0	401 000	676 000
Total Fixed Assets	287 000	229 000	833 000	1 090 000
Stock	671 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 810 000	9 763 000	8 149 000	7 409 000
Total Current Assets	28 987 000	19 121 000	19 749 000	19 787 000
Total Assets	29 275 000	19 350 000	20 582 000	20 877 000
Total Equity	10 425 000	8 816 000	8 808 000	7 595 000
Short-Term Group Debt	0	0	0	101 000
Total Long-Term Debt	826 000	211 000	0	1 435 000
Creditors	4 732 000	1 663 000	2 230 000	3 581 000
Unpaid Taxes	4 143 000	1 747 000	3 277 000	3 457 000
Dividends	1 512 000	497 000	0	0
Other Current Debt	7 412 000	6 416 000	5 871 000	4 336 000
Total Current Debt	18 024 000	10 323 000	11 774 000	11 847 000
Total Equity and Debt	29 275 000	19 350 000	20 582 000	20 877 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,02 %	11,29 %	13,77 %	15,12 %
Debt-to-Equity Ratio	0,08	0,02	0	0,19
Operating Profit Margin	6,48 %	3,79 %	4,48 %	3,25 %
Current Ratio	1,61	1,85	1,68	1,67
Quick Ratio	1,67	1,85	1,68	1,67
Equity Ratio	0,36	0,46	0,43	0,36
Gross Profit Margin	62,74 %	68,13 %	74,45 %	68,36 %