VIRTUAL EDGE AS

4820 FROLAND

Finances

Return on Equity

59,24 %

Current Ratio

3,03

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 900 000	74 000	1 485 000	1 452 000
Net Income	821 000	−788 000	−87 000	245 000
Total Assets	2 040 000	995 000	1 961 000	2 646 000
Total Equity	1 386 000	881 000	1 669 000	2 254 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 900 000	74 000	1 485 000	1 452 000
Expenditure	1 057 000	860 000	1 143 000	1 067 000
Operating Profit	843 000	−786 000	342 000	386 000
Financial Income	1 000	0	5 000	252 000
Financial Costs	10 000	3 000	358 000	306 000
Financial Balance	−9 000	−3 000	−353 000	−54 000
Earnings Before Tax	834 000	−788 000	−11 000	332 000
Tax	12 000	0	76 000	87 000
Net Income	821 000	−788 000	−87 000	245 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	58 000	58 000	58 000	58 000
Total Current Assets	1 982 000	937 000	1 903 000	2 588 000
Total Assets	2 040 000	995 000	1 961 000	2 646 000
Total Retained Equity	1 356 000	851 000	1 639 000	2 224 000
Total Equity	1 386 000	881 000	1 669 000	2 254 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	654 000	114 000	292 000	392 000
Total Equity and Debt	2 040 000	995 000	1 961 000	2 646 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 819 000	74 000	1 460 000	1 403 000
Other Income	81 000	0	25 000	49 000
Revenue	1 900 000	74 000	1 485 000	1 452 000
Cost of Goods Sold	0	0	0	0
Salary Costs	952 000	808 000	1 057 000	960 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 057 000	860 000	1 143 000	1 067 000
Operating Profit	843 000	−786 000	342 000	386 000
Financial Income	1 000	0	5 000	252 000
Financial Costs	10 000	3 000	358 000	306 000
Financial Balance	−9 000	−3 000	−353 000	−54 000
Dividends	300 000	0	80 000	0
Net Income	821 000	−788 000	−87 000	245 000

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	58 000	58 000	58 000	58 000
Total Fixed Assets	58 000	58 000	58 000	58 000
Stock	0	0	0	0
Total Investments	584 000	593 000	593 000	1 556 000
Cash, Bank	931 000	223 000	1 116 000	545 000
Total Current Assets	1 982 000	937 000	1 903 000	2 588 000
Total Assets	2 040 000	995 000	1 961 000	2 646 000
Total Equity	1 386 000	881 000	1 669 000	2 254 000
Short-Term Group Debt	22 000	0	24 000	49 000
Total Long-Term Debt	0	0	0	0
Creditors	−7 000	−5 000	4 000	5 000
Unpaid Taxes	230 000	32 000	3 000	162 000
Dividends	300 000	0	80 000	0
Other Current Debt	102 000	87 000	111 000	101 000
Total Current Debt	654 000	114 000	292 000	392 000
Total Equity and Debt	2 040 000	995 000	1 961 000	2 646 000

Financial indicators	2022	2021	2020	2019
Return on Equity	59,24 %	−89,44 %	−5,21 %	10,87 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	44,37 %	−1 062,16 %	23,03 %	26,58 %
Current Ratio	3,03	8,22	6,52	6,6
Quick Ratio	3,03	8,22	6,52	6,6
Equity Ratio	0,68	0,89	0,85	0,85
Gross Profit Margin	100 %	100 %	100 %	100 %