VUU IT AS

6014 ÅLESUND

Finances

Share Ownership

Return on Equity

820,76 %

Current Ratio

404,33

Debt-to-Equity Ratio

10,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 693 000	315 000	998 000	100 000
Net Income	1 937 000	−4 065 000	−9 821 000	−19 949 000
Total Assets	2 630 000	1 205 000	2 932 000	8 653 000
Total Equity	236 000	−1 702 000	−131 000	−1 169 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 693 000	315 000	998 000	100 000
Expenditure	1 754 000	4 375 000	10 794 000	20 112 000
Operating Profit	1 938 000	−4 060 000	−9 796 000	−20 013 000
Financial Income	6 000	3 000	28 000	142 000
Financial Costs	7 000	8 000	53 000	78 000
Financial Balance	−1 000	−5 000	−25 000	64 000
Earnings Before Tax	1 937 000	−4 065 000	−9 821 000	−19 949 000
Tax	0	0	0	0
Net Income	1 937 000	−4 065 000	−9 821 000	−19 949 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	204 000	207 000	384 000	591 000
Total Current Assets	2 426 000	998 000	2 549 000	8 062 000
Total Assets	2 630 000	1 205 000	2 932 000	8 653 000
Total Retained Equity	−3 403 000	−5 340 000	−1 275 000	−1 275 000
Total Equity	236 000	−1 702 000	−131 000	−1 169 000
Total Long-Term Debt	2 388 000	2 388 000	2 388 000	0
Total Current Debt	6 000	518 000	675 000	9 822 000
Total Equity and Debt	2 630 000	1 205 000	2 932 000	8 653 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 675 000	315 000	48 000	100 000
Other Income	18 000	0	950 000	0
Revenue	3 693 000	315 000	998 000	100 000
Cost of Goods Sold	0	0	0	0
Salary Costs	903 000	2 968 000	4 188 000	6 050 000
Depreciation	3 000	177 000	207 000	174 000
Impairment	0	0	0	0
Expenditure	1 754 000	4 375 000	10 794 000	20 112 000
Operating Profit	1 938 000	−4 060 000	−9 796 000	−20 013 000
Financial Income	6 000	3 000	28 000	142 000
Financial Costs	7 000	8 000	53 000	78 000
Financial Balance	−1 000	−5 000	−25 000	64 000
Dividends	0	0	0	0
Net Income	1 937 000	−4 065 000	−9 821 000	−19 949 000

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	3 000	180 000	388 000
Total Tangible Assets	0	3 000	180 000	388 000
Total Fiancial Fixed Assets	204 000	204 000	204 000	204 000
Total Fixed Assets	204 000	207 000	384 000	591 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 424 000	932 000	2 317 000	7 724 000
Total Current Assets	2 426 000	998 000	2 549 000	8 062 000
Total Assets	2 630 000	1 205 000	2 932 000	8 653 000
Total Equity	236 000	−1 702 000	−131 000	−1 169 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 388 000	2 388 000	2 388 000	0
Creditors	5 000	27 000	118 000	732 000
Unpaid Taxes	1 000	214 000	189 000	319 000
Dividends	0	0	0	0
Other Current Debt	1 000	277 000	367 000	450 000
Total Current Debt	6 000	518 000	675 000	9 822 000
Total Equity and Debt	2 630 000	1 205 000	2 932 000	8 653 000

Financial indicators	2022	2021	2020	2019
Return on Equity	820,76 %	238,84 %	7 496,95 %	1 706,5 %
Debt-to-Equity Ratio	10,12	−1,4	−18,23	−0
Operating Profit Margin	52,48 %	−1 288,89 %	−981,56 %	−20 013 %
Current Ratio	404,33	1,93	3,78	0,82
Quick Ratio	404,33	1,93	3,78	0,82
Equity Ratio	0,09	−1,41	−0,04	−0,14
Gross Profit Margin	100 %	100 %	100 %	100 %