FAGLAB VIRTUAL STUDIO AS

4013 STAVANGER

Finances

Share Ownership

Return on Equity

40,63 %

Current Ratio

1,65

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	91 000	159 000	64 000	97 000
Net Income	13 000	−53 000	17 000	32 000
Total Assets	81 000	67 000	80 000	69 000
Total Equity	32 000	19 000	72 000	55 000

Income (NOK)	2022	2021	2020	2019
Revenue	91 000	159 000	64 000	97 000
Expenditure	74 000	211 000	42 000	59 000
Operating Profit	17 000	−53 000	22 000	39 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	18 000	−53 000	22 000	39 000
Tax	5 000	0	5 000	7 000
Net Income	13 000	−53 000	17 000	32 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	81 000	67 000	80 000	69 000
Total Assets	81 000	67 000	80 000	69 000
Total Retained Equity	7 000	−5 000	48 000	31 000
Total Equity	32 000	19 000	72 000	55 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	49 000	47 000	7 000	13 000
Total Equity and Debt	81 000	67 000	80 000	69 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	91 000	159 000	64 000	97 000
Other Income	0	0	0	0
Revenue	91 000	159 000	64 000	97 000
Cost of Goods Sold	0	2 000	1 000	43 000
Salary Costs	48 000	137 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	74 000	211 000	42 000	59 000
Operating Profit	17 000	−53 000	22 000	39 000
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	13 000	−53 000	17 000	32 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	81 000	67 000	78 000	65 000
Total Current Assets	81 000	67 000	80 000	69 000
Total Assets	81 000	67 000	80 000	69 000
Total Equity	32 000	19 000	72 000	55 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	4 000	1 000	0	0
Unpaid Taxes	25 000	36 000	1 000	6 000
Dividends	0	0	0	0
Other Current Debt	15 000	11 000	0	0
Total Current Debt	49 000	47 000	7 000	13 000
Total Equity and Debt	81 000	67 000	80 000	69 000

Financial indicators	2022	2021	2020	2019
Return on Equity	40,63 %	−278,95 %	23,61 %	58,18 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	18,68 %	−33,33 %	34,38 %	40,21 %
Current Ratio	1,65	1,43	11,43	5,31
Quick Ratio	1,65	1,43	11,43	5,31
Equity Ratio	0,4	0,28	0,9	0,8
Gross Profit Margin	100 %	98,74 %	98,44 %	55,67 %