VIP NORWAY AS

3740 SKIEN

Finances

Share Ownership

Return on Equity

61,89 %

Current Ratio

1,28

Debt-to-Equity Ratio

−1,34

Key figures (NOK)	2022	2021	2020	2019
Revenue	473 000	1 406 000	635 000	821 000
Net Income	−393 000	−6 000	96 000	−503 000
Total Assets	1 004 000	1 098 000	1 791 000	2 711 000
Total Equity	−635 000	−243 000	−237 000	−333 000

Income (NOK)	2022	2021	2020	2019
Revenue	473 000	1 406 000	635 000	821 000
Expenditure	829 000	1 403 000	457 000	1 321 000
Operating Profit	−356 000	3 000	177 000	−500 000
Financial Income	0	0	0	0
Financial Costs	37 000	9 000	81 000	3 000
Financial Balance	−37 000	−9 000	−81 000	−3 000
Earnings Before Tax	−393 000	−6 000	96 000	−504 000
Tax	0	0	0	0
Net Income	−393 000	−6 000	96 000	−503 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	23 000
Total Current Assets	1 004 000	1 098 000	1 791 000	2 688 000
Total Assets	1 004 000	1 098 000	1 791 000	2 711 000
Total Retained Equity	−665 000	−273 000	−267 000	−363 000
Total Equity	−635 000	−243 000	−237 000	−333 000
Total Long-Term Debt	853 000	1 109 000	1 362 000	1 685 000
Total Current Debt	786 000	231 000	666 000	1 359 000
Total Equity and Debt	1 004 000	1 098 000	1 791 000	2 711 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	473 000	1 406 000	635 000	821 000
Other Income	0	0	0	0
Revenue	473 000	1 406 000	635 000	821 000
Cost of Goods Sold	576 000	1 260 000	236 000	1 135 000
Salary Costs	0	0	0	0
Depreciation	0	0	23 000	35 000
Impairment	0	0	0	0
Expenditure	829 000	1 403 000	457 000	1 321 000
Operating Profit	−356 000	3 000	177 000	−500 000
Financial Income	0	0	0	0
Financial Costs	37 000	9 000	81 000	3 000
Financial Balance	−37 000	−9 000	−81 000	−3 000
Dividends	0	0	0	0
Net Income	−393 000	−6 000	96 000	−503 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	23 000
Total Tangible Assets	0	0	0	23 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	23 000
Stock	916 000	867 000	1 540 000	1 600 000
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	1 004 000	1 098 000	1 791 000	2 688 000
Total Assets	1 004 000	1 098 000	1 791 000	2 711 000
Total Equity	−635 000	−243 000	−237 000	−333 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	853 000	1 109 000	1 362 000	1 685 000
Creditors	384 000	19 000	95 000	976 000
Unpaid Taxes	9 000	8 000	11 000	20 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	786 000	231 000	666 000	1 359 000
Total Equity and Debt	1 004 000	1 098 000	1 791 000	2 711 000

Financial indicators	2022	2021	2020	2019
Return on Equity	61,89 %	2,47 %	−40,51 %	151,05 %
Debt-to-Equity Ratio	−1,34	−4,56	−5,75	−5,06
Operating Profit Margin	−75,26 %	0,21 %	27,87 %	−60,9 %
Current Ratio	1,28	4,75	2,69	1,98
Quick Ratio	−7,72	−1,73	−2,05	−11,15
Equity Ratio	−0,63	−0,22	−0,13	−0,12
Gross Profit Margin	−21,78 %	10,38 %	62,83 %	−38,25 %