VISION TECHNOLOGY GRID AS

2080 EIDSVOLL

Finances

Return on Equity

11,67 %

Current Ratio

1,75

Debt-to-Equity Ratio

0,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 939 000	5 499 000	6 550 000	6 282 000
Net Income	891 000	906 000	1 178 000	1 828 000
Total Assets	10 695 000	10 385 000	10 498 000	10 578 000
Total Equity	7 637 000	7 047 000	6 140 000	5 262 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 939 000	5 499 000	6 550 000	6 282 000
Expenditure	6 965 000	6 099 000	6 159 000	6 335 000
Operating Profit	−27 000	−601 000	390 000	−53 000
Financial Income	1 226 000	1 523 000	1 582 000	1 994 000
Financial Costs	57 000	74 000	794 000	113 000
Financial Balance	1 169 000	1 449 000	788 000	1 881 000
Earnings Before Tax	1 142 000	849 000	1 178 000	1 828 000
Tax	251 000	−58 000	0	0
Net Income	891 000	906 000	1 178 000	1 828 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 808 000	6 263 000	5 110 000	4 465 000
Total Current Assets	3 887 000	4 123 000	5 387 000	6 113 000
Total Assets	10 695 000	10 385 000	10 498 000	10 578 000
Total Retained Equity	7 397 000	6 806 000	5 899 000	5 021 000
Total Equity	7 637 000	7 047 000	6 140 000	5 262 000
Total Long-Term Debt	840 000	913 000	984 000	1 351 000
Total Current Debt	2 217 000	2 426 000	3 374 000	3 965 000
Total Equity and Debt	10 695 000	10 385 000	10 498 000	10 578 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 939 000	5 407 000	6 508 000	6 242 000
Other Income	0	91 000	42 000	41 000
Revenue	6 939 000	5 499 000	6 550 000	6 282 000
Cost of Goods Sold	3 471 000	2 430 000	2 893 000	3 191 000
Salary Costs	1 676 000	1 742 000	1 818 000	1 691 000
Depreciation	252 000	252 000	100 000	91 000
Impairment	0	0	0	0
Expenditure	6 965 000	6 099 000	6 159 000	6 335 000
Operating Profit	−27 000	−601 000	390 000	−53 000
Financial Income	1 226 000	1 523 000	1 582 000	1 994 000
Financial Costs	57 000	74 000	794 000	113 000
Financial Balance	1 169 000	1 449 000	788 000	1 881 000
Dividends	300 000	0	300 000	300 000
Net Income	891 000	906 000	1 178 000	1 828 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	106 000	358 000	300 000	300 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	260 000	513 000	764 000	865 000
Total Tangible Assets	260 000	513 000	764 000	865 000
Total Fiancial Fixed Assets	6 441 000	5 392 000	4 046 000	3 300 000
Total Fixed Assets	6 808 000	6 263 000	5 110 000	4 465 000
Stock	1 046 000	1 035 000	1 176 000	858 000
Total Investments	0	0	0	0
Cash, Bank	846 000	816 000	1 753 000	1 509 000
Total Current Assets	3 887 000	4 123 000	5 387 000	6 113 000
Total Assets	10 695 000	10 385 000	10 498 000	10 578 000
Total Equity	7 637 000	7 047 000	6 140 000	5 262 000
Short-Term Group Debt	1 434 000	1 438 000	1 552 000	1 911 000
Total Long-Term Debt	840 000	913 000	984 000	1 351 000
Creditors	0	44 000	0	180 000
Unpaid Taxes	306 000	527 000	353 000	258 000
Dividends	300 000	0	300 000	300 000
Other Current Debt	477 000	417 000	468 000	628 000
Total Current Debt	2 217 000	2 426 000	3 374 000	3 965 000
Total Equity and Debt	10 695 000	10 385 000	10 498 000	10 578 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,67 %	12,86 %	19,19 %	34,74 %
Debt-to-Equity Ratio	0,11	0,13	0,16	0,26
Operating Profit Margin	−0,39 %	−10,93 %	5,95 %	−0,84 %
Current Ratio	1,75	1,7	1,6	1,54
Quick Ratio	3,32	2,96	2,45	1,97
Equity Ratio	0,71	0,68	0,58	0,5
Gross Profit Margin	49,98 %	55,81 %	55,83 %	49,2 %