VIRVEL UNDERHOLDNING AS

1414 TROLLÅSEN

Finances

Share Ownership

Return on Equity

46,33 %

Current Ratio

4,05

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	23 920 000	11 060 000	13 023 000	21 690 000
Net Income	3 065 000	1 445 000	2 021 000	2 708 000
Total Assets	8 758 000	5 913 000	4 501 000	8 387 000
Total Equity	6 616 000	3 551 000	2 106 000	85 000

Income (NOK)	2022	2021	2020	2019
Revenue	23 920 000	11 060 000	13 023 000	21 690 000
Expenditure	20 100 000	9 213 000	10 438 000	18 223 000
Operating Profit	3 820 000	1 847 000	2 585 000	3 467 000
Financial Income	103 000	2 000	15 000	11 000
Financial Costs	0	0	5 000	4 000
Financial Balance	103 000	2 000	10 000	7 000
Earnings Before Tax	3 924 000	1 849 000	2 596 000	3 475 000
Tax	859 000	404 000	574 000	767 000
Net Income	3 065 000	1 445 000	2 021 000	2 708 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	80 000	259 000	0	0
Total Current Assets	8 678 000	5 654 000	4 501 000	8 387 000
Total Assets	8 758 000	5 913 000	4 501 000	8 387 000
Total Retained Equity	6 586 000	3 521 000	2 076 000	55 000
Total Equity	6 616 000	3 551 000	2 106 000	85 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 142 000	2 361 000	2 395 000	8 302 000
Total Equity and Debt	8 758 000	5 913 000	4 501 000	8 387 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	23 322 000	9 986 000	13 023 000	21 690 000
Other Income	599 000	1 074 000	0	0
Revenue	23 920 000	11 060 000	13 023 000	21 690 000
Cost of Goods Sold	18 532 000	8 885 000	9 032 000	16 987 000
Salary Costs	0	−400 000	868 000	585 000
Depreciation	161 000	161 000	0	0
Impairment	86 000	0	0	0
Expenditure	20 100 000	9 213 000	10 438 000	18 223 000
Operating Profit	3 820 000	1 847 000	2 585 000	3 467 000
Financial Income	103 000	2 000	15 000	11 000
Financial Costs	0	0	5 000	4 000
Financial Balance	103 000	2 000	10 000	7 000
Dividends	0	0	0	2 700 000
Net Income	3 065 000	1 445 000	2 021 000	2 708 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	80 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	259 000	0	0
Total Tangible Assets	0	259 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	80 000	259 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	7 967 000	3 232 000	4 475 000	5 688 000
Total Current Assets	8 678 000	5 654 000	4 501 000	8 387 000
Total Assets	8 758 000	5 913 000	4 501 000	8 387 000
Total Equity	6 616 000	3 551 000	2 106 000	85 000
Short-Term Group Debt	745 000	920 000	88 000	3 072 000
Total Long-Term Debt	0	0	0	0
Creditors	265 000	427 000	0	960 000
Unpaid Taxes	0	0	1 000	36 000
Dividends	0	0	0	2 700 000
Other Current Debt	194 000	610 000	1 731 000	793 000
Total Current Debt	2 142 000	2 361 000	2 395 000	8 302 000
Total Equity and Debt	8 758 000	5 913 000	4 501 000	8 387 000

Financial indicators	2022	2021	2020	2019
Return on Equity	46,33 %	40,69 %	95,96 %	3 185,88 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	15,97 %	16,7 %	19,85 %	15,98 %
Current Ratio	4,05	2,39	1,88	1,01
Quick Ratio	4,05	2,39	1,88	1,01
Equity Ratio	0,76	0,6	0,47	0,01
Gross Profit Margin	22,53 %	19,67 %	30,65 %	21,68 %