VIXAN AS

2020 SKEDSMOKORSET

Finances

Share Ownership

Return on Equity

41,76 %

Current Ratio

1,94

Debt-to-Equity Ratio

1,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 705 000	11 320 000	8 556 000	8 150 000
Net Income	499 000	687 000	351 000	579 000
Total Assets	4 791 000	4 691 000	3 679 000	3 227 000
Total Equity	1 195 000	996 000	1 259 000	1 208 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 705 000	11 320 000	8 556 000	8 150 000
Expenditure	11 991 000	10 381 000	8 039 000	7 353 000
Operating Profit	714 000	938 000	518 000	799 000
Financial Income	5 000	6 000	5 000	6 000
Financial Costs	80 000	62 000	73 000	63 000
Financial Balance	−75 000	−56 000	−68 000	−57 000
Earnings Before Tax	640 000	881 000	450 000	742 000
Tax	141 000	194 000	99 000	163 000
Net Income	499 000	687 000	351 000	579 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	224 000	334 000	449 000	61 000
Total Current Assets	4 567 000	4 357 000	3 230 000	3 166 000
Total Assets	4 791 000	4 691 000	3 679 000	3 227 000
Total Retained Equity	895 000	696 000	959 000	908 000
Total Equity	1 195 000	996 000	1 259 000	1 208 000
Total Long-Term Debt	1 238 000	1 163 000	1 037 000	644 000
Total Current Debt	2 358 000	2 532 000	1 383 000	1 375 000
Total Equity and Debt	4 791 000	4 691 000	3 679 000	3 227 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 705 000	11 320 000	8 556 000	8 150 000
Other Income	0	0	0	0
Revenue	12 705 000	11 320 000	8 556 000	8 150 000
Cost of Goods Sold	7 945 000	7 154 000	5 435 000	4 988 000
Salary Costs	2 944 000	2 188 000	1 711 000	1 493 000
Depreciation	110 000	110 000	110 000	0
Impairment	0	0	0	0
Expenditure	11 991 000	10 381 000	8 039 000	7 353 000
Operating Profit	714 000	938 000	518 000	799 000
Financial Income	5 000	6 000	5 000	6 000
Financial Costs	80 000	62 000	73 000	63 000
Financial Balance	−75 000	−56 000	−68 000	−57 000
Dividends	300 000	950 000	300 000	200 000
Net Income	499 000	687 000	351 000	579 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	33 000	37 000	46 000	61 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	191 000	297 000	403 000	0
Total Tangible Assets	191 000	297 000	403 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	224 000	334 000	449 000	61 000
Stock	3 387 000	3 030 000	2 464 000	2 296 000
Total Investments	0	0	0	0
Cash, Bank	472 000	748 000	70 000	293 000
Total Current Assets	4 567 000	4 357 000	3 230 000	3 166 000
Total Assets	4 791 000	4 691 000	3 679 000	3 227 000
Total Equity	1 195 000	996 000	1 259 000	1 208 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 238 000	1 163 000	1 037 000	644 000
Creditors	1 274 000	1 161 000	751 000	770 000
Unpaid Taxes	405 000	411 000	352 000	312 000
Dividends	300 000	950 000	300 000	200 000
Other Current Debt	238 000	771 000	158 000	131 000
Total Current Debt	2 358 000	2 532 000	1 383 000	1 375 000
Total Equity and Debt	4 791 000	4 691 000	3 679 000	3 227 000

Financial indicators	2022	2021	2020	2019
Return on Equity	41,76 %	68,98 %	27,88 %	47,93 %
Debt-to-Equity Ratio	1,04	1,17	0,82	0,53
Operating Profit Margin	5,62 %	8,29 %	6,05 %	9,8 %
Current Ratio	1,94	1,72	2,34	2,3
Quick Ratio	−4,44	−8,75	−2,99	−3,44
Equity Ratio	0,25	0,21	0,34	0,37
Gross Profit Margin	37,47 %	36,8 %	36,48 %	38,8 %