VIFCO AS

1560 LARKOLLEN

Finances

Return on Equity

−1,3 %

Current Ratio

5,82

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 456 000	7 665 000	12 967 000	18 189 000
Net Income	−159 000	13 686 000	540 000	2 122 000
Total Assets	13 556 000	21 794 000	14 859 000	17 575 000
Total Equity	12 184 000	13 823 000	5 187 000	5 648 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 456 000	7 665 000	12 967 000	18 189 000
Expenditure	6 137 000	7 352 000	12 043 000	15 185 000
Operating Profit	−681 000	313 000	923 000	3 003 000
Financial Income	1 172 000	13 572 000	51 000	9 000
Financial Costs	515 000	163 000	281 000	288 000
Financial Balance	657 000	13 409 000	−230 000	−279 000
Earnings Before Tax	−24 000	13 721 000	694 000	2 724 000
Tax	135 000	35 000	155 000	601 000
Net Income	−159 000	13 686 000	540 000	2 122 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 574 000	7 731 000	8 716 000	8 634 000
Total Current Assets	7 982 000	14 063 000	6 143 000	8 940 000
Total Assets	13 556 000	21 794 000	14 859 000	17 575 000
Total Retained Equity	12 084 000	13 723 000	5 087 000	5 548 000
Total Equity	12 184 000	13 823 000	5 187 000	5 648 000
Total Long-Term Debt	0	6 750 000	7 200 000	7 650 000
Total Current Debt	1 371 000	1 221 000	2 472 000	4 277 000
Total Equity and Debt	13 556 000	21 794 000	14 859 000	17 575 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 456 000	6 284 000	11 499 000	16 826 000
Other Income	0	1 380 000	1 468 000	1 363 000
Revenue	5 456 000	7 665 000	12 967 000	18 189 000
Cost of Goods Sold	3 389 000	3 138 000	8 529 000	11 648 000
Salary Costs	1 237 000	1 601 000	1 436 000	1 477 000
Depreciation	233 000	487 000	633 000	553 000
Impairment	0	0	0	0
Expenditure	6 137 000	7 352 000	12 043 000	15 185 000
Operating Profit	−681 000	313 000	923 000	3 003 000
Financial Income	1 172 000	13 572 000	51 000	9 000
Financial Costs	515 000	163 000	281 000	288 000
Financial Balance	657 000	13 409 000	−230 000	−279 000
Dividends	1 500 000	5 050 000	1 000 000	1 000 000
Net Income	−159 000	13 686 000	540 000	2 122 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	40 000	63 000	20 000	30 000
Real Eastate	0	6 678 000	6 918 000	7 222 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	757 000	990 000	1 779 000	1 383 000
Total Tangible Assets	757 000	7 668 000	8 696 000	8 605 000
Total Fiancial Fixed Assets	4 777 000	0	0	0
Total Fixed Assets	5 574 000	7 731 000	8 716 000	8 634 000
Stock	3 532 000	3 523 000	3 336 000	2 020 000
Total Investments	0	30 000	60 000	0
Cash, Bank	2 993 000	10 382 000	1 934 000	6 312 000
Total Current Assets	7 982 000	14 063 000	6 143 000	8 940 000
Total Assets	13 556 000	21 794 000	14 859 000	17 575 000
Total Equity	12 184 000	13 823 000	5 187 000	5 648 000
Short-Term Group Debt	205 000	0	0	0
Total Long-Term Debt	0	6 750 000	7 200 000	7 650 000
Creditors	109 000	177 000	577 000	1 183 000
Unpaid Taxes	152 000	173 000	359 000	343 000
Dividends	1 500 000	5 050 000	1 000 000	1 000 000
Other Current Debt	905 000	793 000	1 391 000	1 136 000
Total Current Debt	1 371 000	1 221 000	2 472 000	4 277 000
Total Equity and Debt	13 556 000	21 794 000	14 859 000	17 575 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,3 %	99,01 %	10,41 %	37,57 %
Debt-to-Equity Ratio	0	0,49	1,39	1,35
Operating Profit Margin	−12,48 %	4,08 %	7,12 %	16,51 %
Current Ratio	5,82	11,52	2,49	2,09
Quick Ratio	−3,69	−6,11	−7,11	3,96
Equity Ratio	0,9	0,63	0,35	0,32
Gross Profit Margin	37,88 %	59,06 %	34,23 %	35,96 %