VIRAK KRAFT AS

4438 SIRA

Finances

Share Ownership

Return on Equity

56,02 %

Current Ratio

2,17

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 059 000	2 309 000	609 000	1 841 000
Net Income	4 999 000	1 363 000	129 000	917 000
Total Assets	12 177 000	8 073 000	6 561 000	6 706 000
Total Equity	8 923 000	5 025 000	5 862 000	6 233 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 059 000	2 309 000	609 000	1 841 000
Expenditure	681 000	567 000	449 000	652 000
Operating Profit	6 378 000	1 742 000	160 000	1 189 000
Financial Income	30 000	6 000	5 000	10 000
Financial Costs	0	0	0	23 000
Financial Balance	30 000	6 000	5 000	−13 000
Earnings Before Tax	6 409 000	1 747 000	165 000	1 176 000
Tax	1 410 000	384 000	36 000	259 000
Net Income	4 999 000	1 363 000	129 000	917 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 107 000	5 297 000	5 486 000	5 676 000
Total Current Assets	7 070 000	2 776 000	1 074 000	1 030 000
Total Assets	12 177 000	8 073 000	6 561 000	6 706 000
Total Retained Equity	8 725 000	4 827 000	5 664 000	6 035 000
Total Equity	8 923 000	5 025 000	5 862 000	6 233 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 254 000	3 048 000	699 000	474 000
Total Equity and Debt	12 177 000	8 073 000	6 561 000	6 706 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 001 000	2 309 000	609 000	1 841 000
Other Income	58 000	0	0	0
Revenue	7 059 000	2 309 000	609 000	1 841 000
Cost of Goods Sold	−117 000	18 000	57 000	103 000
Salary Costs	0	0	0	0
Depreciation	190 000	190 000	190 000	190 000
Impairment	0	0	0	0
Expenditure	681 000	567 000	449 000	652 000
Operating Profit	6 378 000	1 742 000	160 000	1 189 000
Financial Income	30 000	6 000	5 000	10 000
Financial Costs	0	0	0	23 000
Financial Balance	30 000	6 000	5 000	−13 000
Dividends	1 100 000	2 200 000	500 000	0
Net Income	4 999 000	1 363 000	129 000	917 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	5 097 000	5 272 000	5 447 000	5 622 000
Fixtures	10 000	25 000	39 000	54 000
Total Tangible Assets	5 107 000	5 296 000	5 486 000	5 676 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 107 000	5 297 000	5 486 000	5 676 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	6 467 000	2 430 000	907 000	736 000
Total Current Assets	7 070 000	2 776 000	1 074 000	1 030 000
Total Assets	12 177 000	8 073 000	6 561 000	6 706 000
Total Equity	8 923 000	5 025 000	5 862 000	6 233 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	38 000	56 000	109 000	68 000
Unpaid Taxes	334 000	280 000	14 000	50 000
Dividends	1 100 000	2 200 000	500 000	0
Other Current Debt	371 000	128 000	39 000	96 000
Total Current Debt	3 254 000	3 048 000	699 000	474 000
Total Equity and Debt	12 177 000	8 073 000	6 561 000	6 706 000

Financial indicators	2022	2021	2020	2019
Return on Equity	56,02 %	27,12 %	2,2 %	14,71 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	90,35 %	75,44 %	26,27 %	64,58 %
Current Ratio	2,17	0,91	1,54	2,17
Quick Ratio	2,17	0,91	1,54	2,17
Equity Ratio	0,73	0,62	0,89	0,93
Gross Profit Margin	101,66 %	99,22 %	90,64 %	94,41 %