VIGSNÆS MICHAELSEN CONSULTING AS

1354 BÆRUMS VERK

Finances

Return on Equity

6,85 %

Current Ratio

5,9

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	180 000	120 000	0	210 000
Net Income	37 000	19 000	−23 000	115 000
Total Assets	581 000	505 000	495 000	520 000
Total Equity	540 000	503 000	479 000	502 000

Income (NOK)	2022	2021	2020	2019
Revenue	180 000	120 000	0	210 000
Expenditure	93 000	169 000	30 000	183 000
Operating Profit	86 000	−49 000	−30 000	27 000
Financial Income	0	58 000	0	94 000
Financial Costs	0	0	0	0
Financial Balance	0	58 000	0	94 000
Earnings Before Tax	87 000	10 000	−30 000	121 000
Tax	50 000	−9 000	−7 000	6 000
Net Income	37 000	19 000	−23 000	115 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	339 000	390 000	489 000	483 000
Total Current Assets	242 000	115 000	5 000	37 000
Total Assets	581 000	505 000	495 000	520 000
Total Retained Equity	510 000	473 000	455 000	478 000
Total Equity	540 000	503 000	479 000	502 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	41 000	2 000	16 000	17 000
Total Equity and Debt	581 000	505 000	495 000	520 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	180 000	120 000	0	0
Other Income	0	0	0	210 000
Revenue	180 000	120 000	0	210 000
Cost of Goods Sold	0	0	0	0
Salary Costs	73 000	114 000	5 000	93 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	93 000	169 000	30 000	183 000
Operating Profit	86 000	−49 000	−30 000	27 000
Financial Income	0	58 000	0	94 000
Financial Costs	0	0	0	0
Financial Balance	0	58 000	0	94 000
Dividends	0	0	0	0
Net Income	37 000	19 000	−23 000	115 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	50 000	41 000	35 000
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	339 000	339 000	448 000	448 000
Total Fixed Assets	339 000	390 000	489 000	483 000
Stock	0	0	0	0
Total Investments	176 000	107 000	0	0
Cash, Bank	66 000	7 000	5 000	37 000
Total Current Assets	242 000	115 000	5 000	37 000
Total Assets	581 000	505 000	495 000	520 000
Total Equity	540 000	503 000	479 000	502 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 000	2 000	19 000	5 000
Unpaid Taxes	33 000	0	−3 000	12 000
Dividends	0	0	0	0
Other Current Debt	7 000	0	0	0
Total Current Debt	41 000	2 000	16 000	17 000
Total Equity and Debt	581 000	505 000	495 000	520 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,85 %	3,78 %	−4,8 %	22,91 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	47,78 %	−40,83 %	-	12,86 %
Current Ratio	5,9	57,5	0,31	2,18
Quick Ratio	5,9	57,5	0,31	2,18
Equity Ratio	0,93	1	0,97	0,97
Gross Profit Margin	100 %	100 %	-	100 %