VIDEOFORCE SCANDINAVIA AS

4318 SANDNES

Finances

Share Ownership

Return on Equity

26,4 %

Current Ratio

2,83

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 650 000	4 519 000	6 715 000	6 787 000
Net Income	390 000	404 000	40 000	204 000
Total Assets	2 276 000	10 111 000	2 511 000	2 961 000
Total Equity	1 477 000	1 087 000	683 000	1 097 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 650 000	4 519 000	6 715 000	6 787 000
Expenditure	10 015 000	3 974 000	6 511 000	6 664 000
Operating Profit	635 000	545 000	165 000	293 000
Financial Income	13 000	41 000	22 000	38 000
Financial Costs	60 000	63 000	128 000	73 000
Financial Balance	−47 000	−22 000	−106 000	−35 000
Earnings Before Tax	587 000	522 000	60 000	257 000
Tax	198 000	118 000	20 000	53 000
Net Income	390 000	404 000	40 000	204 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 000	37 000	183 000	253 000
Total Current Assets	2 267 000	10 074 000	2 328 000	2 708 000
Total Assets	2 276 000	10 111 000	2 511 000	2 961 000
Total Retained Equity	1 065 000	675 000	271 000	685 000
Total Equity	1 477 000	1 087 000	683 000	1 097 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	800 000	9 024 000	1 828 000	1 864 000
Total Equity and Debt	2 276 000	10 111 000	2 511 000	2 961 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 650 000	4 463 000	7 091 000	6 787 000
Other Income	0	56 000	−376 000	0
Revenue	10 650 000	4 519 000	6 715 000	6 787 000
Cost of Goods Sold	7 886 000	2 521 000	4 997 000	5 294 000
Salary Costs	741 000	264 000	249 000	52 000
Depreciation	28 000	71 000	70 000	89 000
Impairment	0	0	0	0
Expenditure	10 015 000	3 974 000	6 511 000	6 664 000
Operating Profit	635 000	545 000	165 000	293 000
Financial Income	13 000	41 000	22 000	38 000
Financial Costs	60 000	63 000	128 000	73 000
Financial Balance	−47 000	−22 000	−106 000	−35 000
Dividends	0	0	0	0
Net Income	390 000	404 000	40 000	204 000

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	0	0	0	0
Fixtures	9 000	37 000	183 000	253 000
Total Tangible Assets	9 000	37 000	183 000	253 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	9 000	37 000	183 000	253 000
Stock	209 000	369 000	348 000	396 000
Total Investments	0	0	0	0
Cash, Bank	1 241 000	1 173 000	789 000	345 000
Total Current Assets	2 267 000	10 074 000	2 328 000	2 708 000
Total Assets	2 276 000	10 111 000	2 511 000	2 961 000
Total Equity	1 477 000	1 087 000	683 000	1 097 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	130 000	3 417 000	388 000	1 184 000
Unpaid Taxes	218 000	980 000	693 000	531 000
Dividends	0	0	0	0
Other Current Debt	254 000	4 508 000	427 000	97 000
Total Current Debt	800 000	9 024 000	1 828 000	1 864 000
Total Equity and Debt	2 276 000	10 111 000	2 511 000	2 961 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,4 %	37,17 %	5,86 %	18,6 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,96 %	12,06 %	2,46 %	4,32 %
Current Ratio	2,83	1,12	1,27	1,45
Quick Ratio	3,84	1,16	1,57	1,84
Equity Ratio	0,65	0,11	0,27	0,37
Gross Profit Margin	25,95 %	44,21 %	25,58 %	22 %