VADITIME AS

3830 ULEFOSS

Finances

Share Ownership

Return on Equity

71,53 %

Current Ratio

2,68

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 440 000	993 000	670 000	244 000
Net Income	309 000	76 000	226 000	22 000
Total Assets	689 000	404 000	440 000	186 000
Total Equity	432 000	123 000	47 000	46 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 440 000	993 000	670 000	244 000
Expenditure	1 044 000	895 000	380 000	217 000
Operating Profit	396 000	98 000	290 000	27 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	396 000	98 000	290 000	27 000
Tax	88 000	21 000	64 000	5 000
Net Income	309 000	76 000	226 000	22 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	689 000	404 000	440 000	186 000
Total Assets	689 000	404 000	440 000	186 000
Total Retained Equity	402 000	93 000	17 000	22 000
Total Equity	432 000	123 000	47 000	46 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	257 000	281 000	394 000	140 000
Total Equity and Debt	689 000	404 000	440 000	186 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 440 000	993 000	670 000	244 000
Other Income	0	0	0	0
Revenue	1 440 000	993 000	670 000	244 000
Cost of Goods Sold	0	0	0	0
Salary Costs	895 000	743 000	222 000	94 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 044 000	895 000	380 000	217 000
Operating Profit	396 000	98 000	290 000	27 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	226 000	0
Net Income	309 000	76 000	226 000	22 000

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	265 000	288 000	334 000	105 000
Total Current Assets	689 000	404 000	440 000	186 000
Total Assets	689 000	404 000	440 000	186 000
Total Equity	432 000	123 000	47 000	46 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 000	1 000	0	0
Unpaid Taxes	75 000	59 000	67 000	8 000
Dividends	0	0	226 000	0
Other Current Debt	91 000	200 000	37 000	127 000
Total Current Debt	257 000	281 000	394 000	140 000
Total Equity and Debt	689 000	404 000	440 000	186 000

Financial indicators	2022	2021	2020	2019
Return on Equity	71,53 %	61,79 %	480,85 %	47,83 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	27,5 %	9,87 %	43,28 %	11,07 %
Current Ratio	2,68	1,44	1,12	1,33
Quick Ratio	2,68	1,44	1,12	1,33
Equity Ratio	0,63	0,3	0,11	0,25
Gross Profit Margin	100 %	100 %	100 %	100 %