VIDVANDRE AS

3570 ÅL

Finances

Share Ownership

Return on Equity

72,21 %

Current Ratio

1,12

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	3 031 000	1 012 000	211 000
Net Income	252 000	92 000	−20 000
Total Assets	664 000	353 000	54 000
Total Equity	349 000	97 000	4 000

Income (NOK)	2022	2021	2020
Revenue	3 031 000	1 012 000	211 000
Expenditure	2 678 000	932 000	230 000
Operating Profit	353 000	118 000	−19 000
Financial Income	0	0	0
Financial Costs	31 000	7 000	1 000
Financial Balance	−31 000	−7 000	−1 000
Earnings Before Tax	323 000	111 000	−20 000
Tax	71 000	19 000	0
Net Income	252 000	92 000	−20 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	312 000	0	0
Total Current Assets	353 000	353 000	54 000
Total Assets	664 000	353 000	54 000
Total Retained Equity	319 000	72 000	−20 000
Total Equity	349 000	97 000	4 000
Total Long-Term Debt	0	0	0
Total Current Debt	316 000	256 000	49 000
Total Equity and Debt	664 000	353 000	54 000

Cash flow (NOK)	2022	2021	2020
Sales Income	3 029 000	1 012 000	211 000
Other Income	2 000	0	0
Revenue	3 031 000	1 012 000	211 000
Cost of Goods Sold	1 435 000	638 000	200 000
Salary Costs	863 000	148 000	0
Depreciation	38 000	0	0
Impairment	0	0	0
Expenditure	2 678 000	932 000	230 000
Operating Profit	353 000	118 000	−19 000
Financial Income	0	0	0
Financial Costs	31 000	7 000	1 000
Financial Balance	−31 000	−7 000	−1 000
Dividends	0	0	0
Net Income	252 000	92 000	−20 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	312 000	0	0
Total Tangible Assets	312 000	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	312 000	0	0
Stock	53 000	88 000	0
Total Investments	0	0	0
Cash, Bank	287 000	155 000	18 000
Total Current Assets	353 000	353 000	54 000
Total Assets	664 000	353 000	54 000
Total Equity	349 000	97 000	4 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	55 000	21 000	−27 000
Unpaid Taxes	54 000	72 000	5 000
Dividends	0	0	0
Other Current Debt	117 000	145 000	71 000
Total Current Debt	316 000	256 000	49 000
Total Equity and Debt	664 000	353 000	54 000

Financial indicators	2022	2021	2020
Return on Equity	72,21 %	94,85 %	−500 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	11,65 %	11,66 %	−9 %
Current Ratio	1,12	1,38	1,1
Quick Ratio	1,34	2,1	1,1
Equity Ratio	0,53	0,27	0,07
Gross Profit Margin	52,66 %	36,96 %	5,21 %