VICOTEE AS

3045 DRAMMEN

Finances

Return on Equity

−254,11 %

Current Ratio

2,44

Debt-to-Equity Ratio

1,24

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 604 000	−509 000	5 510 000	4 318 000
Net Income	−15 943 000	−6 797 000	−3 766 000	−1 424 000
Total Assets	19 809 000	34 244 000	24 457 000	24 219 000
Total Equity	6 274 000	22 216 000	6 093 000	9 515 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 604 000	−509 000	5 510 000	4 318 000
Expenditure	19 318 000	6 045 000	9 357 000	5 524 000
Operating Profit	−15 715 000	−6 554 000	−3 846 000	−1 206 000
Financial Income	130 000	128 000	288 000	20 000
Financial Costs	358 000	371 000	207 000	238 000
Financial Balance	−228 000	−243 000	81 000	−218 000
Earnings Before Tax	−15 943 000	−6 797 000	−3 766 000	−1 424 000
Tax	0	0	0	0
Net Income	−15 943 000	−6 797 000	−3 766 000	−1 424 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 767 000	19 066 000	14 581 000	8 819 000
Total Current Assets	14 042 000	15 178 000	9 877 000	15 400 000
Total Assets	19 809 000	34 244 000	24 457 000	24 219 000
Total Retained Equity	0	0	0	−11 202 000
Total Equity	6 274 000	22 216 000	6 093 000	9 515 000
Total Long-Term Debt	7 782 000	8 228 000	7 812 000	3 966 000
Total Current Debt	5 754 000	3 799 000	10 553 000	10 738 000
Total Equity and Debt	19 809 000	34 244 000	24 457 000	24 219 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 687 000	−1 006 000	5 125 000	3 968 000
Other Income	916 000	497 000	385 000	350 000
Revenue	3 604 000	−509 000	5 510 000	4 318 000
Cost of Goods Sold	535 000	−1 654 000	4 016 000	2 969 000
Salary Costs	2 103 000	2 743 000	1 127 000	150 000
Depreciation	2 476 000	2 064 000	1 732 000	986 000
Impairment	12 870 000	0	0	0
Expenditure	19 318 000	6 045 000	9 357 000	5 524 000
Operating Profit	−15 715 000	−6 554 000	−3 846 000	−1 206 000
Financial Income	130 000	128 000	288 000	20 000
Financial Costs	358 000	371 000	207 000	238 000
Financial Balance	−228 000	−243 000	81 000	−218 000
Dividends	0	0	0	0
Net Income	−15 943 000	−6 797 000	−3 766 000	−1 424 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	5 758 000	19 052 000	14 563 000	8 817 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	10 000	14 000	18 000	2 000
Total Tangible Assets	10 000	14 000	18 000	2 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 767 000	19 066 000	14 581 000	8 819 000
Stock	4 741 000	1 433 000	1 375 000	1 729 000
Total Investments	0	0	0	0
Cash, Bank	8 625 000	10 799 000	5 581 000	8 963 000
Total Current Assets	14 042 000	15 178 000	9 877 000	15 400 000
Total Assets	19 809 000	34 244 000	24 457 000	24 219 000
Total Equity	6 274 000	22 216 000	6 093 000	9 515 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 782 000	8 228 000	7 812 000	3 966 000
Creditors	2 442 000	289 000	3 264 000	4 750 000
Unpaid Taxes	236 000	461 000	328 000	25 000
Dividends	0	0	0	0
Other Current Debt	3 075 000	3 049 000	6 961 000	5 963 000
Total Current Debt	5 754 000	3 799 000	10 553 000	10 738 000
Total Equity and Debt	19 809 000	34 244 000	24 457 000	24 219 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−254,11 %	−30,6 %	−61,81 %	−14,97 %
Debt-to-Equity Ratio	1,24	0,37	1,28	0,42
Operating Profit Margin	−436,04 %	1 287,62 %	−69,8 %	−27,93 %
Current Ratio	2,44	4	0,94	1,43
Quick Ratio	13,86	6,42	1,08	1,71
Equity Ratio	0,32	0,65	0,25	0,39
Gross Profit Margin	85,16 %	−224,95 %	27,11 %	31,24 %