V SHIPS NORWAY AS

0278 OSLO

Finances

Share Ownership

Return on Equity

−1 062,22 %

Current Ratio

0,19

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	46 653 000	42 315 000	43 563 000	33 446 000
Net Income	−1 434 000	3 059 000	4 149 000	1 376 000
Total Assets	12 394 000	13 304 000	8 244 000	2 259 000
Total Equity	135 000	1 569 000	−1 491 000	−5 639 000

Income (NOK)	2022	2021	2020	2019
Revenue	46 653 000	42 315 000	43 563 000	33 446 000
Expenditure	50 774 000	38 664 000	37 647 000	31 406 000
Operating Profit	−4 121 000	3 651 000	5 916 000	2 040 000
Financial Income	3 060 000	382 000	0	0
Financial Costs	769 000	105 000	591 000	267 000
Financial Balance	2 291 000	277 000	−591 000	−267 000
Earnings Before Tax	−1 830 000	3 928 000	5 326 000	1 772 000
Tax	−396 000	869 000	1 177 000	397 000
Net Income	−1 434 000	3 059 000	4 149 000	1 376 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 056 000	11 762 000	6 603 000	747 000
Total Current Assets	2 338 000	1 542 000	1 641 000	1 511 000
Total Assets	12 394 000	13 304 000	8 244 000	2 259 000
Total Retained Equity	−865 000	569 000	−2 491 000	−6 639 000
Total Equity	135 000	1 569 000	−1 491 000	−5 639 000
Total Long-Term Debt	0	14 000	11 000	2 754 000
Total Current Debt	12 260 000	11 721 000	9 723 000	5 144 000
Total Equity and Debt	12 394 000	13 304 000	8 244 000	2 259 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	46 653 000	42 315 000	43 563 000	33 446 000
Other Income	0	0	0	0
Revenue	46 653 000	42 315 000	43 563 000	33 446 000
Cost of Goods Sold	0	0	0	0
Salary Costs	26 144 000	28 172 000	26 993 000	21 389 000
Depreciation	177 000	178 000	173 000	185 000
Impairment	0	0	0	0
Expenditure	50 774 000	38 664 000	37 647 000	31 406 000
Operating Profit	−4 121 000	3 651 000	5 916 000	2 040 000
Financial Income	3 060 000	382 000	0	0
Financial Costs	769 000	105 000	591 000	267 000
Financial Balance	2 291 000	277 000	−591 000	−267 000
Dividends	0	0	0	0
Net Income	−1 434 000	3 059 000	4 149 000	1 376 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	381 000	0	0	11 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	496 000	578 000	713 000	736 000
Total Tangible Assets	496 000	578 000	713 000	736 000
Total Fiancial Fixed Assets	9 179 000	11 184 000	5 891 000	0
Total Fixed Assets	10 056 000	11 762 000	6 603 000	747 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 623 000	1 261 000	0	1 234 000
Total Current Assets	2 338 000	1 542 000	1 641 000	1 511 000
Total Assets	12 394 000	13 304 000	8 244 000	2 259 000
Total Equity	135 000	1 569 000	−1 491 000	−5 639 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	14 000	11 000	2 754 000
Creditors	36 000	0	71 000	0
Unpaid Taxes	2 216 000	2 007 000	2 102 000	0
Dividends	0	0	0	0
Other Current Debt	10 008 000	8 849 000	6 395 000	5 144 000
Total Current Debt	12 260 000	11 721 000	9 723 000	5 144 000
Total Equity and Debt	12 394 000	13 304 000	8 244 000	2 259 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1 062,22 %	194,96 %	−278,27 %	−24,4 %
Debt-to-Equity Ratio	0	0,01	−0,01	−0,49
Operating Profit Margin	−8,83 %	8,63 %	13,58 %	6,1 %
Current Ratio	0,19	0,13	0,17	0,29
Quick Ratio	0,19	0,13	0,17	0,29
Equity Ratio	0,01	0,12	−0,18	−2,5
Gross Profit Margin	100 %	100 %	100 %	100 %