VIRRE VAPP AS

1443 DRØBAK

Finances

Share Ownership

Return on Equity

50,66 %

Current Ratio

0,98

Debt-to-Equity Ratio

0,86

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 383 000	2 469 000	1 922 000	1 610 000
Net Income	498 000	1 079 000	1 379 000	1 043 000
Total Assets	2 845 000	2 387 000	862 000	248 000
Total Equity	983 000	485 000	306 000	−1 073 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 383 000	2 469 000	1 922 000	1 610 000
Expenditure	1 729 000	1 217 000	543 000	566 000
Operating Profit	654 000	1 252 000	1 379 000	1 044 000
Financial Income	0	0	0	0
Financial Costs	1 000	1 000	0	0
Financial Balance	−1 000	−1 000	0	0
Earnings Before Tax	652 000	1 252 000	1 379 000	1 043 000
Tax	155 000	173 000	0	0
Net Income	498 000	1 079 000	1 379 000	1 043 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 853 000	1 856 000	323 000	0
Total Current Assets	992 000	531 000	539 000	248 000
Total Assets	2 845 000	2 387 000	862 000	248 000
Total Retained Equity	926 000	428 000	−651 000	−2 030 000
Total Equity	983 000	485 000	306 000	−1 073 000
Total Long-Term Debt	846 000	904 000	414 000	1 224 000
Total Current Debt	1 016 000	998 000	141 000	96 000
Total Equity and Debt	2 845 000	2 387 000	862 000	248 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 383 000	2 469 000	1 922 000	1 610 000
Other Income	0	0	0	0
Revenue	2 383 000	2 469 000	1 922 000	1 610 000
Cost of Goods Sold	52 000	78 000	72 000	59 000
Salary Costs	884 000	656 000	18 000	14 000
Depreciation	202 000	48 000	15 000	0
Impairment	0	0	0	0
Expenditure	1 729 000	1 217 000	543 000	566 000
Operating Profit	654 000	1 252 000	1 379 000	1 044 000
Financial Income	0	0	0	0
Financial Costs	1 000	1 000	0	0
Financial Balance	−1 000	−1 000	0	0
Dividends	0	0	0	0
Net Income	498 000	1 079 000	1 379 000	1 043 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 797 000	1 792 000	274 000	0
Machinery and Plant Facilities	12 000	15 000	17 000	0
Fixtures	43 000	49 000	31 000	0
Total Tangible Assets	1 853 000	1 856 000	323 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 853 000	1 856 000	323 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	776 000	248 000	514 000	77 000
Total Current Assets	992 000	531 000	539 000	248 000
Total Assets	2 845 000	2 387 000	862 000	248 000
Total Equity	983 000	485 000	306 000	−1 073 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	846 000	904 000	414 000	1 224 000
Creditors	0	215 000	22 000	0
Unpaid Taxes	277 000	190 000	97 000	75 000
Dividends	0	0	0	0
Other Current Debt	585 000	441 000	21 000	21 000
Total Current Debt	1 016 000	998 000	141 000	96 000
Total Equity and Debt	2 845 000	2 387 000	862 000	248 000

Financial indicators	2022	2021	2020	2019
Return on Equity	50,66 %	222,47 %	450,65 %	−97,2 %
Debt-to-Equity Ratio	0,86	1,86	1,35	−1,14
Operating Profit Margin	27,44 %	50,71 %	71,75 %	64,84 %
Current Ratio	0,98	0,53	3,82	2,58
Quick Ratio	0,98	0,53	3,82	2,58
Equity Ratio	0,35	0,2	0,35	−4,33
Gross Profit Margin	97,82 %	96,84 %	96,25 %	96,34 %