X-VAC AS

1454 FAGERSTRAND

Finances

Share Ownership

Return on Equity

14,39 %

Current Ratio

1,17

Debt-to-Equity Ratio

5,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	41 195 000	39 723 000	33 118 000	30 395 000
Net Income	1 168 000	4 534 000	−782 000	1 930 000
Total Assets	56 765 000	51 217 000	8 388 000	6 713 000
Total Equity	8 117 000	6 949 000	1 800 000	2 583 000

Income (NOK)	2022	2021	2020	2019
Revenue	41 195 000	39 723 000	33 118 000	30 395 000
Expenditure	36 949 000	32 267 000	33 990 000	27 929 000
Operating Profit	4 245 000	7 456 000	−873 000	2 465 000
Financial Income	1 000	4 000	5 000	12 000
Financial Costs	2 739 000	1 644 000	111 000	6 000
Financial Balance	−2 738 000	−1 640 000	−106 000	6 000
Earnings Before Tax	1 508 000	5 816 000	−978 000	2 470 000
Tax	340 000	1 282 000	−196 000	541 000
Net Income	1 168 000	4 534 000	−782 000	1 930 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	49 977 000	41 183 000	1 087 000	824 000
Total Current Assets	6 787 000	10 034 000	7 301 000	5 889 000
Total Assets	56 765 000	51 217 000	8 388 000	6 713 000
Total Retained Equity	8 087 000	6 919 000	1 770 000	2 553 000
Total Equity	8 117 000	6 949 000	1 800 000	2 583 000
Total Long-Term Debt	42 858 000	36 621 000	1 500 000	0
Total Current Debt	5 790 000	7 647 000	5 088 000	4 131 000
Total Equity and Debt	56 765 000	51 217 000	8 388 000	6 713 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	40 348 000	39 699 000	33 118 000	30 395 000
Other Income	847 000	24 000	0	0
Revenue	41 195 000	39 723 000	33 118 000	30 395 000
Cost of Goods Sold	4 525 000	8 027 000	7 313 000	4 175 000
Salary Costs	16 189 000	12 631 000	13 116 000	10 976 000
Depreciation	4 137 000	3 389 000	242 000	144 000
Impairment	0	0	0	0
Expenditure	36 949 000	32 267 000	33 990 000	27 929 000
Operating Profit	4 245 000	7 456 000	−873 000	2 465 000
Financial Income	1 000	4 000	5 000	12 000
Financial Costs	2 739 000	1 644 000	111 000	6 000
Financial Balance	−2 738 000	−1 640 000	−106 000	6 000
Dividends	0	0	0	0
Net Income	1 168 000	4 534 000	−782 000	1 930 000

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	49 463 000	40 590 000	0	0
Fixtures	441 000	564 000	759 000	824 000
Total Tangible Assets	49 904 000	41 154 000	759 000	824 000
Total Fiancial Fixed Assets	73 000	29 000	328 000	0
Total Fixed Assets	49 977 000	41 183 000	1 087 000	824 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 284 000	3 211 000	4 847 000	3 252 000
Total Current Assets	6 787 000	10 034 000	7 301 000	5 889 000
Total Assets	56 765 000	51 217 000	8 388 000	6 713 000
Total Equity	8 117 000	6 949 000	1 800 000	2 583 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	42 858 000	36 621 000	1 500 000	0
Creditors	2 556 000	2 348 000	1 749 000	1 386 000
Unpaid Taxes	1 752 000	1 635 000	1 133 000	1 172 000
Dividends	0	0	0	0
Other Current Debt	1 482 000	1 199 000	2 205 000	1 033 000
Total Current Debt	5 790 000	7 647 000	5 088 000	4 131 000
Total Equity and Debt	56 765 000	51 217 000	8 388 000	6 713 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,39 %	65,25 %	−43,44 %	74,72 %
Debt-to-Equity Ratio	5,28	5,27	0,83	0
Operating Profit Margin	10,3 %	18,77 %	−2,64 %	8,11 %
Current Ratio	1,17	1,31	1,43	1,43
Quick Ratio	1,17	1,31	1,43	1,43
Equity Ratio	0,14	0,14	0,21	0,38
Gross Profit Margin	89,02 %	79,79 %	77,92 %	86,26 %