VEGARD SEVILHAUG FYSIKALSKE INSTITUTT AS

2870 DOKKA

Finances

Share Ownership

Return on Equity

34,45 %

Current Ratio

3,82

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 243 000	1 205 000	1 002 000	1 253 000
Net Income	134 000	134 000	−94 000	10 000
Total Assets	527 000	420 000	256 000	395 000
Total Equity	389 000	255 000	121 000	215 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 243 000	1 205 000	1 002 000	1 253 000
Expenditure	1 070 000	1 059 000	1 096 000	1 241 000
Operating Profit	172 000	146 000	−94 000	12 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	172 000	146 000	−94 000	12 000
Tax	38 000	11 000	0	3 000
Net Income	134 000	134 000	−94 000	10 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	23 000	23 000	10 000
Total Current Assets	527 000	396 000	232 000	384 000
Total Assets	527 000	420 000	256 000	395 000
Total Retained Equity	286 000	152 000	17 000	111 000
Total Equity	389 000	255 000	121 000	215 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	138 000	165 000	135 000	180 000
Total Equity and Debt	527 000	420 000	256 000	395 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 243 000	1 146 000	1 002 000	1 253 000
Other Income	0	58 000	0	0
Revenue	1 243 000	1 205 000	1 002 000	1 253 000
Cost of Goods Sold	0	3 000	2 000	6 000
Salary Costs	823 000	768 000	825 000	973 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 070 000	1 059 000	1 096 000	1 241 000
Operating Profit	172 000	146 000	−94 000	12 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	134 000	134 000	−94 000	10 000

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	0	23 000	23 000	10 000
Total Fixed Assets	0	23 000	23 000	10 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	522 000	396 000	151 000	362 000
Total Current Assets	527 000	396 000	232 000	384 000
Total Assets	527 000	420 000	256 000	395 000
Total Equity	389 000	255 000	121 000	215 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	−3 000	0	1 000	3 000
Unpaid Taxes	25 000	67 000	51 000	72 000
Dividends	0	0	0	0
Other Current Debt	77 000	86 000	82 000	102 000
Total Current Debt	138 000	165 000	135 000	180 000
Total Equity and Debt	527 000	420 000	256 000	395 000

Financial indicators	2022	2021	2020	2019
Return on Equity	34,45 %	52,55 %	−77,69 %	4,65 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	13,84 %	12,12 %	−9,38 %	0,96 %
Current Ratio	3,82	2,4	1,72	2,13
Quick Ratio	3,82	2,4	1,72	2,13
Equity Ratio	0,74	0,61	0,47	0,54
Gross Profit Margin	100 %	99,75 %	99,8 %	99,52 %