VIKESTRAND AS

6011 ÅLESUND

Finances

Return on Equity

78,19 %

Current Ratio

−0,1

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	−242 000	71 000	167 000	232 000
Net Income	−147 000	−19 000	−79 000	69 000
Total Assets	72 000	200 000	215 000	218 000
Total Equity	−188 000	−60 000	−41 000	39 000

Income (NOK)	2022	2021	2020	2019
Revenue	−242 000	71 000	167 000	232 000
Expenditure	−97 000	89 000	246 000	116 000
Operating Profit	−146 000	−18 000	−79 000	116 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	0	0
Financial Balance	0	−1 000	0	0
Earnings Before Tax	−146 000	−19 000	−79 000	116 000
Tax	2 000	0	0	48 000
Net Income	−147 000	−19 000	−79 000	69 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	98 000	83 000	108 000	0
Total Current Assets	−26 000	117 000	107 000	218 000
Total Assets	72 000	200 000	215 000	218 000
Total Retained Equity	−218 000	−90 000	−71 000	9 000
Total Equity	−188 000	−60 000	−41 000	39 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	261 000	259 000	256 000	179 000
Total Equity and Debt	72 000	200 000	215 000	218 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	−242 000	71 000	167 000	232 000
Other Income	0	0	0	0
Revenue	−242 000	71 000	167 000	232 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	25 000	17 000	0
Impairment	0	0	0	0
Expenditure	−97 000	89 000	246 000	116 000
Operating Profit	−146 000	−18 000	−79 000	116 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	0	0
Financial Balance	0	−1 000	0	0
Dividends	0	0	0	60 000
Net Income	−147 000	−19 000	−79 000	69 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	15 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	83 000	83 000	108 000	0
Total Tangible Assets	83 000	83 000	108 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	98 000	83 000	108 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	83 000	47 000	40 000	6 000
Total Current Assets	−26 000	117 000	107 000	218 000
Total Assets	72 000	200 000	215 000	218 000
Total Equity	−188 000	−60 000	−41 000	39 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 000	3 000	13 000	0
Unpaid Taxes	34 000	31 000	30 000	44 000
Dividends	0	0	0	60 000
Other Current Debt	207 000	225 000	213 000	27 000
Total Current Debt	261 000	259 000	256 000	179 000
Total Equity and Debt	72 000	200 000	215 000	218 000

Financial indicators	2022	2021	2020	2019
Return on Equity	78,19 %	31,67 %	192,68 %	176,92 %
Debt-to-Equity Ratio	−0	−0	−0	0
Operating Profit Margin	60,33 %	−25,35 %	−47,31 %	50 %
Current Ratio	−0,1	0,45	0,42	1,22
Quick Ratio	−0,1	0,45	0,42	1,22
Equity Ratio	−2,61	−0,3	−0,19	0,18
Gross Profit Margin	100 %	100 %	100 %	100 %