VØATEC AS

9307 FINNSNES

Finances

Share Ownership

Return on Equity

48,54 %

Current Ratio

5,1

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	652 000	792 000	118 000
Net Income	283 000	−53 000	−2 000
Total Assets	713 000	352 000	311 000
Total Equity	583 000	−1 000	52 000

Income (NOK)	2022	2021	2020
Revenue	652 000	792 000	118 000
Expenditure	277 000	849 000	122 000
Operating Profit	375 000	−56 000	−4 000
Financial Income	0	0	0
Financial Costs	12 000	11 000	0
Financial Balance	−12 000	−11 000	0
Earnings Before Tax	363 000	−68 000	−4 000
Tax	80 000	−15 000	−2 000
Net Income	283 000	−53 000	−2 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	50 000	17 000	2 000
Total Current Assets	663 000	335 000	309 000
Total Assets	713 000	352 000	311 000
Total Retained Equity	228 000	−55 000	−2 000
Total Equity	583 000	−1 000	52 000
Total Long-Term Debt	0	0	0
Total Current Debt	130 000	353 000	258 000
Total Equity and Debt	713 000	352 000	311 000

Cash flow (NOK)	2022	2021	2020
Sales Income	652 000	0	0
Other Income	0	792 000	118 000
Revenue	652 000	792 000	118 000
Cost of Goods Sold	259 000	0	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	277 000	849 000	122 000
Operating Profit	375 000	−56 000	−4 000
Financial Income	0	0	0
Financial Costs	12 000	11 000	0
Financial Balance	−12 000	−11 000	0
Dividends	0	0	0
Net Income	283 000	−53 000	−2 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	50 000	17 000	2 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	50 000	17 000	2 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	532 000	0	309 000
Total Current Assets	663 000	335 000	309 000
Total Assets	713 000	352 000	311 000
Total Equity	583 000	−1 000	52 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	56 000	16 000	1 000
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	11 000	13 000	257 000
Total Current Debt	130 000	353 000	258 000
Total Equity and Debt	713 000	352 000	311 000

Financial indicators	2022	2021	2020
Return on Equity	48,54 %	5 300 %	−3,85 %
Debt-to-Equity Ratio	0	−0	0
Operating Profit Margin	57,52 %	−7,07 %	−3,39 %
Current Ratio	5,1	0,95	1,2
Quick Ratio	5,1	0,95	1,2
Equity Ratio	0,82	−0	0,17
Gross Profit Margin	60,28 %	100 %	100 %