VIRVELVEV AS

0250 OSLO

Finances

Return on Equity

−100 %

Current Ratio

1,02

Debt-to-Equity Ratio

7,48

Key figures (NOK)	2022	2021	2020	2019
Revenue	44 000	742 000	747 000	706 000
Net Income	−21 000	21 000	14 000	−13 000
Total Assets	230 000	291 000	343 000	298 000
Total Equity	21 000	43 000	48 000	34 000

Income (NOK)	2022	2021	2020	2019
Revenue	44 000	742 000	747 000	706 000
Expenditure	71 000	716 000	761 000	719 000
Operating Profit	−27 000	27 000	−14 000	−13 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−27 000	27 000	−14 000	−13 000
Tax	−6 000	6 000	−29 000	0
Net Income	−21 000	21 000	14 000	−13 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	178 000	178 000	128 000	128 000
Total Current Assets	52 000	113 000	215 000	170 000
Total Assets	230 000	291 000	343 000	298 000
Total Retained Equity	−9 000	13 000	18 000	4 000
Total Equity	21 000	43 000	48 000	34 000
Total Long-Term Debt	157 000	132 000	131 000	115 000
Total Current Debt	51 000	116 000	164 000	149 000
Total Equity and Debt	230 000	291 000	343 000	298 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	44 000	742 000	747 000	706 000
Other Income	0	0	0	0
Revenue	44 000	742 000	747 000	706 000
Cost of Goods Sold	3 000	0	4 000	7 000
Salary Costs	1 000	634 000	632 000	592 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	71 000	716 000	761 000	719 000
Operating Profit	−27 000	27 000	−14 000	−13 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−21 000	21 000	14 000	−13 000

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	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	178 000	178 000	128 000	128 000
Total Fixed Assets	178 000	178 000	128 000	128 000
Stock	3 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	42 000	111 000	188 000	155 000
Total Current Assets	52 000	113 000	215 000	170 000
Total Assets	230 000	291 000	343 000	298 000
Total Equity	21 000	43 000	48 000	34 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	157 000	132 000	131 000	115 000
Creditors	0	0	0	0
Unpaid Taxes	5 000	39 000	100 000	92 000
Dividends	0	0	0	0
Other Current Debt	47 000	72 000	64 000	55 000
Total Current Debt	51 000	116 000	164 000	149 000
Total Equity and Debt	230 000	291 000	343 000	298 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−100 %	48,84 %	29,17 %	−38,24 %
Debt-to-Equity Ratio	7,48	3,07	2,73	3,38
Operating Profit Margin	−61,36 %	3,64 %	−1,87 %	−1,84 %
Current Ratio	1,02	0,97	1,31	1,14
Quick Ratio	1,08	0,97	1,31	1,14
Equity Ratio	0,09	0,15	0,14	0,11
Gross Profit Margin	93,18 %	100 %	99,46 %	99,01 %