VIXEL AS

2815 GJØVIK

Finances

Return on Equity

−48,77 %

Current Ratio

4,46

Debt-to-Equity Ratio

0,23

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 572 000	1 423 000	718 000	1 333 000
Net Income	−9 377 000	−2 861 000	−2 516 000	326 000
Total Assets	27 701 000	17 290 000	9 393 000	11 662 000
Total Equity	19 227 000	10 400 000	6 289 000	9 152 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 572 000	1 423 000	718 000	1 333 000
Expenditure	14 369 000	5 093 000	3 877 000	1 064 000
Operating Profit	−11 796 000	−3 670 000	−3 159 000	269 000
Financial Income	49 000	5 000	17 000	7 000
Financial Costs	269 000	172 000	80 000	77 000
Financial Balance	−220 000	−167 000	−63 000	−70 000
Earnings Before Tax	−12 016 000	−3 837 000	−3 222 000	199 000
Tax	−2 638 000	−976 000	−706 000	−128 000
Net Income	−9 377 000	−2 861 000	−2 516 000	326 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 825 000	8 661 000	5 687 000	3 344 000
Total Current Assets	17 876 000	8 629 000	3 707 000	8 318 000
Total Assets	27 701 000	17 290 000	9 393 000	11 662 000
Total Retained Equity	−14 549 000	−5 172 000	−2 311 000	552 000
Total Equity	19 227 000	10 400 000	6 289 000	9 152 000
Total Long-Term Debt	4 464 000	4 643 000	1 750 000	1 750 000
Total Current Debt	4 010 000	2 247 000	1 355 000	759 000
Total Equity and Debt	27 701 000	17 290 000	9 393 000	11 662 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 565 000	1 153 000	434 000	1 319 000
Other Income	7 000	271 000	285 000	14 000
Revenue	2 572 000	1 423 000	718 000	1 333 000
Cost of Goods Sold	826 000	31 000	308 000	569 000
Salary Costs	7 975 000	1 405 000	1 251 000	181 000
Depreciation	1 398 000	1 395 000	753 000	55 000
Impairment	0	0	0	0
Expenditure	14 369 000	5 093 000	3 877 000	1 064 000
Operating Profit	−11 796 000	−3 670 000	−3 159 000	269 000
Financial Income	49 000	5 000	17 000	7 000
Financial Costs	269 000	172 000	80 000	77 000
Financial Balance	−220 000	−167 000	−63 000	−70 000
Dividends	0	0	0	0
Net Income	−9 377 000	−2 861 000	−2 516 000	326 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	8 840 000	7 522 000	5 313 000	3 013 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	196 000	182 000	207 000	164 000
Total Tangible Assets	196 000	182 000	207 000	164 000
Total Fiancial Fixed Assets	789 000	956 000	166 000	166 000
Total Fixed Assets	9 825 000	8 661 000	5 687 000	3 344 000
Stock	0	72 000	72 000	0
Total Investments	0	0	0	0
Cash, Bank	16 783 000	5 343 000	3 360 000	6 354 000
Total Current Assets	17 876 000	8 629 000	3 707 000	8 318 000
Total Assets	27 701 000	17 290 000	9 393 000	11 662 000
Total Equity	19 227 000	10 400 000	6 289 000	9 152 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 464 000	4 643 000	1 750 000	1 750 000
Creditors	404 000	226 000	43 000	47 000
Unpaid Taxes	524 000	506 000	328 000	222 000
Dividends	0	0	0	0
Other Current Debt	3 082 000	1 515 000	984 000	490 000
Total Current Debt	4 010 000	2 247 000	1 355 000	759 000
Total Equity and Debt	27 701 000	17 290 000	9 393 000	11 662 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−48,77 %	−27,51 %	−40,01 %	3,56 %
Debt-to-Equity Ratio	0,23	0,45	0,28	0,19
Operating Profit Margin	−458,63 %	−257,91 %	−439,97 %	20,18 %
Current Ratio	4,46	3,84	2,74	10,96
Quick Ratio	4,46	3,97	2,89	10,96
Equity Ratio	0,69	0,6	0,67	0,78
Gross Profit Margin	67,88 %	97,82 %	57,1 %	57,31 %