VITENSENTERET I SOGN OG FJORDANE AS

6854 KAUPANGER

Finances

Share Ownership

Return on Equity

17,12 %

Current Ratio

1,84

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	18 746 000	9 845 000	1 235 000	435 000
Net Income	755 000	1 663 000	−135 000	−559 000
Total Assets	9 225 000	8 139 000	11 012 000	5 745 000
Total Equity	4 409 000	3 654 000	1 991 000	2 126 000

Income (NOK)	2022	2021	2020	2019
Revenue	18 746 000	9 845 000	1 235 000	435 000
Expenditure	17 769 000	8 001 000	1 435 000	1 054 000
Operating Profit	977 000	1 843 000	−200 000	−620 000
Financial Income	14 000	27 000	66 000	62 000
Financial Costs	18 000	38 000	0	0
Financial Balance	−4 000	−11 000	66 000	62 000
Earnings Before Tax	973 000	1 831 000	−135 000	−559 000
Tax	218 000	169 000	0	0
Net Income	755 000	1 663 000	−135 000	−559 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	358 000	0	500 000	60 000
Total Current Assets	8 867 000	8 139 000	10 512 000	5 685 000
Total Assets	9 225 000	8 139 000	11 012 000	5 745 000
Total Retained Equity	1 354 000	599 000	−1 063 000	−929 000
Total Equity	4 409 000	3 654 000	1 991 000	2 126 000
Total Long-Term Debt	6 000	0	0	0
Total Current Debt	4 810 000	4 486 000	9 021 000	3 619 000
Total Equity and Debt	9 225 000	8 139 000	11 012 000	5 745 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 244 000	2 345 000	1 235 000	435 000
Other Income	10 502 000	7 499 000	0	0
Revenue	18 746 000	9 845 000	1 235 000	435 000
Cost of Goods Sold	1 187 000	232 000	0	0
Salary Costs	8 621 000	5 003 000	1 024 000	573 000
Depreciation	57 000	0	0	0
Impairment	0	0	0	0
Expenditure	17 769 000	8 001 000	1 435 000	1 054 000
Operating Profit	977 000	1 843 000	−200 000	−620 000
Financial Income	14 000	27 000	66 000	62 000
Financial Costs	18 000	38 000	0	0
Financial Balance	−4 000	−11 000	66 000	62 000
Dividends	0	0	0	0
Net Income	755 000	1 663 000	−135 000	−559 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	60 000
Machinery and Plant Facilities	123 000	0	0	0
Fixtures	235 000	0	0	0
Total Tangible Assets	358 000	0	0	60 000
Total Fiancial Fixed Assets	0	0	500 000	0
Total Fixed Assets	358 000	0	500 000	60 000
Stock	126 000	96 000	0	0
Total Investments	0	0	0	0
Cash, Bank	6 382 000	1 827 000	9 595 000	5 641 000
Total Current Assets	8 867 000	8 139 000	10 512 000	5 685 000
Total Assets	9 225 000	8 139 000	11 012 000	5 745 000
Total Equity	4 409 000	3 654 000	1 991 000	2 126 000
Short-Term Group Debt	0	0	8 212 000	3 462 000
Total Long-Term Debt	6 000	0	0	0
Creditors	1 354 000	2 127 000	198 000	8 000
Unpaid Taxes	422 000	427 000	141 000	66 000
Dividends	0	0	0	0
Other Current Debt	2 822 000	1 763 000	470 000	83 000
Total Current Debt	4 810 000	4 486 000	9 021 000	3 619 000
Total Equity and Debt	9 225 000	8 139 000	11 012 000	5 745 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,12 %	45,51 %	−6,78 %	−26,29 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,21 %	18,72 %	−16,19 %	−142,53 %
Current Ratio	1,84	1,81	1,17	1,57
Quick Ratio	1,89	1,85	1,17	1,57
Equity Ratio	0,48	0,45	0,18	0,37
Gross Profit Margin	93,67 %	97,64 %	100 %	100 %