VRC AS

1166 OSLO

Finances

Return on Equity

15,15 %

Current Ratio

44,73

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	75 000	75 000	312 000	738 000
Net Income	370 000	477 000	169 000	654 000
Total Assets	2 452 000	2 330 000	2 094 000	2 080 000
Total Equity	2 442 000	2 071 000	2 044 000	1 875 000

Income (NOK)	2022	2021	2020	2019
Revenue	75 000	75 000	312 000	738 000
Expenditure	197 000	98 000	102 000	163 000
Operating Profit	−122 000	−23 000	210 000	575 000
Financial Income	492 000	500 000	0	210 000
Financial Costs	0	0	0	4 000
Financial Balance	492 000	500 000	0	206 000
Earnings Before Tax	370 000	477 000	210 000	782 000
Tax	0	0	41 000	128 000
Net Income	370 000	477 000	169 000	654 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 960 000	2 001 000	2 001 000	1 636 000
Total Current Assets	492 000	329 000	93 000	444 000
Total Assets	2 452 000	2 330 000	2 094 000	2 080 000
Total Retained Equity	2 340 000	1 969 000	1 942 000	1 773 000
Total Equity	2 442 000	2 071 000	2 044 000	1 875 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	11 000	259 000	49 000	204 000
Total Equity and Debt	2 452 000	2 330 000	2 094 000	2 080 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	75 000	75 000	312 000	738 000
Other Income	0	0	0	0
Revenue	75 000	75 000	312 000	738 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	197 000	98 000	102 000	163 000
Operating Profit	−122 000	−23 000	210 000	575 000
Financial Income	492 000	500 000	0	210 000
Financial Costs	0	0	0	4 000
Financial Balance	492 000	500 000	0	206 000
Dividends	0	450 000	0	0
Net Income	370 000	477 000	169 000	654 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	1 960 000	2 001 000	2 001 000	1 636 000
Total Fixed Assets	1 960 000	2 001 000	2 001 000	1 636 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	492 000	329 000	93 000	353 000
Total Current Assets	492 000	329 000	93 000	444 000
Total Assets	2 452 000	2 330 000	2 094 000	2 080 000
Total Equity	2 442 000	2 071 000	2 044 000	1 875 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	4 000	2 000	2 000	0
Unpaid Taxes	5 000	6 000	6 000	0
Dividends	0	450 000	0	0
Other Current Debt	1 000	1 000	1 000	77 000
Total Current Debt	11 000	259 000	49 000	204 000
Total Equity and Debt	2 452 000	2 330 000	2 094 000	2 080 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,15 %	23,03 %	8,27 %	34,88 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−162,67 %	−30,67 %	67,31 %	77,91 %
Current Ratio	44,73	1,27	1,9	2,18
Quick Ratio	44,73	1,27	1,9	2,18
Equity Ratio	1	0,89	0,98	0,9
Gross Profit Margin	100 %	100 %	100 %	100 %