VICINAY NORTHERN EUROPE AS

4836 ARENDAL

Finances

Share Ownership

Return on Equity

−18,88 %

Current Ratio

1,05

Debt-to-Equity Ratio

−1,76

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 570 000	2 167 000	3 665 000	2 800 000
Net Income	47 000	77 000	46 000	−379 000
Total Assets	3 816 000	4 852 000	6 997 000	5 547 000
Total Equity	−249 000	−296 000	−373 000	−418 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 570 000	2 167 000	3 665 000	2 800 000
Expenditure	2 501 000	2 149 000	3 621 000	3 142 000
Operating Profit	70 000	18 000	46 000	−342 000
Financial Income	226 000	135 000	252 000	0
Financial Costs	249 000	76 000	252 000	37 000
Financial Balance	−23 000	59 000	0	−37 000
Earnings Before Tax	47 000	77 000	46 000	−379 000
Tax	0	0	0	0
Net Income	47 000	77 000	46 000	−379 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	17 000
Total Current Assets	3 816 000	4 852 000	6 997 000	5 531 000
Total Assets	3 816 000	4 852 000	6 997 000	5 547 000
Total Retained Equity	−349 000	−396 000	−473 000	−518 000
Total Equity	−249 000	−296 000	−373 000	−418 000
Total Long-Term Debt	437 000	437 000	437 000	437 000
Total Current Debt	3 627 000	4 710 000	6 933 000	5 528 000
Total Equity and Debt	3 816 000	4 852 000	6 997 000	5 547 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 637 000	2 167 000	3 665 000	2 800 000
Other Income	−67 000	0	0	0
Revenue	2 570 000	2 167 000	3 665 000	2 800 000
Cost of Goods Sold	146 000	11 000	276 000	163 000
Salary Costs	1 679 000	1 971 000	2 920 000	2 243 000
Depreciation	0	0	17 000	19 000
Impairment	0	0	0	0
Expenditure	2 501 000	2 149 000	3 621 000	3 142 000
Operating Profit	70 000	18 000	46 000	−342 000
Financial Income	226 000	135 000	252 000	0
Financial Costs	249 000	76 000	252 000	37 000
Financial Balance	−23 000	59 000	0	−37 000
Dividends	0	0	0	0
Net Income	47 000	77 000	46 000	−379 000

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	17 000
Total Tangible Assets	0	0	0	17 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	17 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	776 000	320 000	120 000	79 000
Total Current Assets	3 816 000	4 852 000	6 997 000	5 531 000
Total Assets	3 816 000	4 852 000	6 997 000	5 547 000
Total Equity	−249 000	−296 000	−373 000	−418 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	437 000	437 000	437 000	437 000
Creditors	23 000	10 000	98 000	7 000
Unpaid Taxes	438 000	254 000	140 000	92 000
Dividends	0	0	0	0
Other Current Debt	3 166 000	4 446 000	6 694 000	5 429 000
Total Current Debt	3 627 000	4 710 000	6 933 000	5 528 000
Total Equity and Debt	3 816 000	4 852 000	6 997 000	5 547 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−18,88 %	−26,01 %	−12,33 %	90,67 %
Debt-to-Equity Ratio	−1,76	−1,48	−1,17	−1,05
Operating Profit Margin	2,72 %	0,83 %	1,26 %	−12,21 %
Current Ratio	1,05	1,03	1,01	1
Quick Ratio	1,05	1,03	1,01	1
Equity Ratio	−0,07	−0,06	−0,05	−0,08
Gross Profit Margin	94,32 %	99,49 %	92,47 %	94,18 %