VERSABATT AS

1383 ASKER

Finances

Share Ownership

Return on Equity

96,94 %

Current Ratio

1,21

Debt-to-Equity Ratio

−4,59

Key figures (NOK)	2022	2021	2020
Revenue	2 304 000	839 000	1 278 000
Net Income	−507 000	−4 823 000	−1 511 000
Total Assets	4 119 000	4 501 000	682 000
Total Equity	−523 000	−16 000	−1 481 000

Income (NOK)	2022	2021	2020
Revenue	2 304 000	839 000	1 278 000
Expenditure	2 776 000	5 677 000	2 792 000
Operating Profit	−471 000	−4 837 000	−1 515 000
Financial Income	2 000	15 000	4 000
Financial Costs	38 000	0	0
Financial Balance	−36 000	15 000	4 000
Earnings Before Tax	−507 000	−4 823 000	−1 511 000
Tax	0	0	0
Net Income	−507 000	−4 823 000	−1 511 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 405 000	374 000	320 000
Total Current Assets	2 714 000	4 127 000	362 000
Total Assets	4 119 000	4 501 000	682 000
Total Retained Equity	−561 000	−6 334 000	−1 511 000
Total Equity	−523 000	−16 000	−1 481 000
Total Long-Term Debt	2 400 000	2 400 000	0
Total Current Debt	2 242 000	2 117 000	2 163 000
Total Equity and Debt	4 119 000	4 501 000	682 000

Cash flow (NOK)	2022	2021	2020
Sales Income	2 304 000	839 000	103 000
Other Income	0	0	1 175 000
Revenue	2 304 000	839 000	1 278 000
Cost of Goods Sold	1 064 000	4 810 000	2 733 000
Salary Costs	1 019 000	1 000	0
Depreciation	112 000	85 000	11 000
Impairment	0	0	0
Expenditure	2 776 000	5 677 000	2 792 000
Operating Profit	−471 000	−4 837 000	−1 515 000
Financial Income	2 000	15 000	4 000
Financial Costs	38 000	0	0
Financial Balance	−36 000	15 000	4 000
Dividends	0	0	0
Net Income	−507 000	−4 823 000	−1 511 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	1 143 000	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	262 000	374 000	320 000
Total Tangible Assets	262 000	374 000	320 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	1 405 000	374 000	320 000
Stock	1 182 000	216 000	0
Total Investments	0	0	0
Cash, Bank	752 000	2 889 000	68 000
Total Current Assets	2 714 000	4 127 000	362 000
Total Assets	4 119 000	4 501 000	682 000
Total Equity	−523 000	−16 000	−1 481 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	2 400 000	2 400 000	0
Creditors	1 711 000	1 094 000	249 000
Unpaid Taxes	75 000	0	0
Dividends	0	0	0
Other Current Debt	457 000	1 023 000	1 914 000
Total Current Debt	2 242 000	2 117 000	2 163 000
Total Equity and Debt	4 119 000	4 501 000	682 000

Financial indicators	2022	2021	2020
Return on Equity	96,94 %	30 143,75 %	102,03 %
Debt-to-Equity Ratio	−4,59	−150	−0
Operating Profit Margin	−20,44 %	−576,52 %	−118,54 %
Current Ratio	1,21	1,95	0,17
Quick Ratio	2,56	2,17	0,17
Equity Ratio	−0,13	−0	−2,17
Gross Profit Margin	53,82 %	−473,3 %	−113,85 %