V-ØKONOMI AS

6020 ÅLESUND

Finances

Share Ownership

Return on Equity

26,13 %

Current Ratio

1,67

Debt-to-Equity Ratio

0,18

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 290 000	3 640 000	3 041 000	2 573 000
Net Income	226 000	148 000	389 000	153 000
Total Assets	2 102 000	1 919 000	1 455 000	979 000
Total Equity	865 000	709 000	632 000	322 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 290 000	3 640 000	3 041 000	2 573 000
Expenditure	3 993 000	3 446 000	2 545 000	2 378 000
Operating Profit	297 000	193 000	496 000	195 000
Financial Income	5 000	4 000	3 000	2 000
Financial Costs	9 000	7 000	0	0
Financial Balance	−4 000	−3 000	3 000	2 000
Earnings Before Tax	294 000	189 000	499 000	197 000
Tax	67 000	42 000	110 000	43 000
Net Income	226 000	148 000	389 000	153 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	286 000	393 000	71 000	97 000
Total Current Assets	1 816 000	1 527 000	1 384 000	883 000
Total Assets	2 102 000	1 919 000	1 455 000	979 000
Total Retained Equity	825 000	669 000	592 000	282 000
Total Equity	865 000	709 000	632 000	322 000
Total Long-Term Debt	152 000	196 000	1 000	2 000
Total Current Debt	1 085 000	1 014 000	822 000	655 000
Total Equity and Debt	2 102 000	1 919 000	1 455 000	979 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 221 000	3 602 000	3 016 000	2 548 000
Other Income	70 000	38 000	25 000	26 000
Revenue	4 290 000	3 640 000	3 041 000	2 573 000
Cost of Goods Sold	1 000	1 000	2 000	4 000
Salary Costs	2 952 000	2 617 000	2 072 000	1 894 000
Depreciation	107 000	81 000	25 000	14 000
Impairment	0	0	0	0
Expenditure	3 993 000	3 446 000	2 545 000	2 378 000
Operating Profit	297 000	193 000	496 000	195 000
Financial Income	5 000	4 000	3 000	2 000
Financial Costs	9 000	7 000	0	0
Financial Balance	−4 000	−3 000	3 000	2 000
Dividends	70 000	70 000	80 000	50 000
Net Income	226 000	148 000	389 000	153 000

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	286 000	393 000	71 000	97 000
Total Tangible Assets	286 000	393 000	71 000	97 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	286 000	393 000	71 000	97 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 061 000	849 000	777 000	572 000
Total Current Assets	1 816 000	1 527 000	1 384 000	883 000
Total Assets	2 102 000	1 919 000	1 455 000	979 000
Total Equity	865 000	709 000	632 000	322 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	152 000	196 000	1 000	2 000
Creditors	89 000	83 000	79 000	66 000
Unpaid Taxes	452 000	390 000	292 000	241 000
Dividends	70 000	70 000	80 000	50 000
Other Current Debt	473 000	502 000	340 000	306 000
Total Current Debt	1 085 000	1 014 000	822 000	655 000
Total Equity and Debt	2 102 000	1 919 000	1 455 000	979 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,13 %	20,87 %	61,55 %	47,52 %
Debt-to-Equity Ratio	0,18	0,28	0	0,01
Operating Profit Margin	6,92 %	5,3 %	16,31 %	7,58 %
Current Ratio	1,67	1,51	1,68	1,35
Quick Ratio	1,67	1,51	1,68	1,35
Equity Ratio	0,41	0,37	0,43	0,33
Gross Profit Margin	99,98 %	99,97 %	99,93 %	99,84 %