TESTLAB VEST AS

5729 MODALEN

Finances

Share Ownership

Return on Equity

106,07 %

Current Ratio

0,19

Debt-to-Equity Ratio

−2,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 939 000	2 280 000	1 363 000	739 000
Net Income	−629 000	−159 000	−64 000	78 000
Total Assets	1 176 000	1 847 000	603 000	658 000
Total Equity	−593 000	−188 000	−29 000	35 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 939 000	2 280 000	1 363 000	739 000
Expenditure	2 461 000	2 374 000	1 398 000	624 000
Operating Profit	−522 000	−94 000	−35 000	115 000
Financial Income	3 000	3 000	1 000	0
Financial Costs	110 000	68 000	30 000	37 000
Financial Balance	−107 000	−65 000	−29 000	−37 000
Earnings Before Tax	−629 000	−159 000	−64 000	78 000
Tax	0	0	0	0
Net Income	−629 000	−159 000	−64 000	78 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 067 000	1 507 000	386 000	518 000
Total Current Assets	109 000	340 000	218 000	140 000
Total Assets	1 176 000	1 847 000	603 000	658 000
Total Retained Equity	−643 000	−238 000	−79 000	−15 000
Total Equity	−593 000	−188 000	−29 000	35 000
Total Long-Term Debt	1 208 000	1 712 000	386 000	483 000
Total Current Debt	561 000	323 000	246 000	140 000
Total Equity and Debt	1 176 000	1 847 000	603 000	658 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 888 000	1 909 000	1 363 000	739 000
Other Income	52 000	371 000	0	0
Revenue	1 939 000	2 280 000	1 363 000	739 000
Cost of Goods Sold	30 000	57 000	0	3 000
Salary Costs	1 556 000	1 502 000	886 000	307 000
Depreciation	395 000	303 000	132 000	104 000
Impairment	0	0	0	0
Expenditure	2 461 000	2 374 000	1 398 000	624 000
Operating Profit	−522 000	−94 000	−35 000	115 000
Financial Income	3 000	3 000	1 000	0
Financial Costs	110 000	68 000	30 000	37 000
Financial Balance	−107 000	−65 000	−29 000	−37 000
Dividends	0	0	0	0
Net Income	−629 000	−159 000	−64 000	78 000

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	1 067 000	1 507 000	386 000	518 000
Total Tangible Assets	1 067 000	1 507 000	386 000	518 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 067 000	1 507 000	386 000	518 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 000	88 000	99 000	136 000
Total Current Assets	109 000	340 000	218 000	140 000
Total Assets	1 176 000	1 847 000	603 000	658 000
Total Equity	−593 000	−188 000	−29 000	35 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 208 000	1 712 000	386 000	483 000
Creditors	116 000	55 000	32 000	7 000
Unpaid Taxes	242 000	156 000	106 000	34 000
Dividends	0	0	0	0
Other Current Debt	203 000	112 000	108 000	99 000
Total Current Debt	561 000	323 000	246 000	140 000
Total Equity and Debt	1 176 000	1 847 000	603 000	658 000

Financial indicators	2022	2021	2020	2019
Return on Equity	106,07 %	84,57 %	220,69 %	222,86 %
Debt-to-Equity Ratio	−2,04	−9,11	−13,31	13,8
Operating Profit Margin	−26,92 %	−4,12 %	−2,57 %	15,56 %
Current Ratio	0,19	1,05	0,89	1
Quick Ratio	0,19	1,05	0,89	1
Equity Ratio	−0,5	−0,1	−0,05	0,05
Gross Profit Margin	98,45 %	97,5 %	100 %	99,59 %