VATEK AS

5035 BERGEN

Finances

Return on Equity

−8,74 %

Current Ratio

23,87

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	71 000	30 000	140 000	95 000
Net Income	−4 612 000	8 991 000	15 561 000	1 246 000
Total Assets	54 434 000	61 500 000	53 503 000	37 081 000
Total Equity	52 776 000	58 387 000	50 396 000	35 835 000

Income (NOK)	2022	2021	2020	2019
Revenue	71 000	30 000	140 000	95 000
Expenditure	1 209 000	−2 593 000	−3 400 000	646 000
Operating Profit	−1 138 000	2 623 000	3 541 000	−551 000
Financial Income	−3 766 000	6 669 000	8 646 000	6 540 000
Financial Costs	−292 000	301 000	−3 374 000	4 744 000
Financial Balance	−3 474 000	6 368 000	12 020 000	1 796 000
Earnings Before Tax	−4 612 000	8 991 000	15 561 000	1 246 000
Tax	0	0	0	0
Net Income	−4 612 000	8 991 000	15 561 000	1 246 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 837 000	12 563 000	15 399 000	6 031 000
Total Current Assets	39 598 000	48 937 000	38 103 000	31 050 000
Total Assets	54 434 000	61 500 000	53 503 000	37 081 000
Total Retained Equity	52 642 000	58 254 000	50 263 000	35 702 000
Total Equity	52 776 000	58 387 000	50 396 000	35 835 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 659 000	3 113 000	3 107 000	1 246 000
Total Equity and Debt	54 434 000	61 500 000	53 503 000	37 081 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	71 000	30 000	140 000	95 000
Other Income	0	0	0	0
Revenue	71 000	30 000	140 000	95 000
Cost of Goods Sold	0	0	0	0
Salary Costs	849 000	843 000	829 000	814 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 209 000	−2 593 000	−3 400 000	646 000
Operating Profit	−1 138 000	2 623 000	3 541 000	−551 000
Financial Income	−3 766 000	6 669 000	8 646 000	6 540 000
Financial Costs	−292 000	301 000	−3 374 000	4 744 000
Financial Balance	−3 474 000	6 368 000	12 020 000	1 796 000
Dividends	1 000 000	1 000 000	1 000 000	1 000 000
Net Income	−4 612 000	8 991 000	15 561 000	1 246 000

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	14 837 000	12 563 000	15 399 000	6 031 000
Total Fixed Assets	14 837 000	12 563 000	15 399 000	6 031 000
Stock	0	0	0	0
Total Investments	30 068 000	34 684 000	30 442 000	20 009 000
Cash, Bank	9 431 000	11 829 000	7 546 000	11 025 000
Total Current Assets	39 598 000	48 937 000	38 103 000	31 050 000
Total Assets	54 434 000	61 500 000	53 503 000	37 081 000
Total Equity	52 776 000	58 387 000	50 396 000	35 835 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	6 000	3 000	8 000	5 000
Unpaid Taxes	79 000	72 000	72 000	72 000
Dividends	1 000 000	1 000 000	1 000 000	1 000 000
Other Current Debt	574 000	2 038 000	2 026 000	169 000
Total Current Debt	1 659 000	3 113 000	3 107 000	1 246 000
Total Equity and Debt	54 434 000	61 500 000	53 503 000	37 081 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−8,74 %	15,4 %	30,88 %	3,48 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−1 602,82 %	8 743,33 %	2 529,29 %	−580 %
Current Ratio	23,87	15,72	12,26	24,92
Quick Ratio	23,87	15,72	12,26	24,92
Equity Ratio	0,97	0,95	0,94	0,97
Gross Profit Margin	100 %	100 %	100 %	100 %