VIRTEX AS

4610 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

27,25 %

Current Ratio

11,12

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 503 000	1 630 000	1 483 000	1 570 000
Net Income	455 000	563 000	193 000	−47 000
Total Assets	1 795 000	1 319 000	939 000	1 141 000
Total Equity	1 670 000	1 215 000	832 000	940 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 503 000	1 630 000	1 483 000	1 570 000
Expenditure	1 048 000	908 000	1 235 000	1 629 000
Operating Profit	455 000	721 000	247 000	−60 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	0	1 000
Financial Balance	0	0	0	0
Earnings Before Tax	455 000	721 000	247 000	−60 000
Tax	0	159 000	54 000	−13 000
Net Income	455 000	563 000	193 000	−47 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	405 000	346 000	473 000	528 000
Total Current Assets	1 390 000	973 000	465 000	613 000
Total Assets	1 795 000	1 319 000	939 000	1 141 000
Total Retained Equity	1 640 000	1 185 000	802 000	910 000
Total Equity	1 670 000	1 215 000	832 000	940 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	125 000	104 000	106 000	201 000
Total Equity and Debt	1 795 000	1 319 000	939 000	1 141 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 503 000	1 630 000	1 483 000	1 570 000
Other Income	0	0	0	0
Revenue	1 503 000	1 630 000	1 483 000	1 570 000
Cost of Goods Sold	0	0	0	0
Salary Costs	863 000	729 000	1 042 000	1 404 000
Depreciation	25 000	2 000	0	0
Impairment	0	0	0	0
Expenditure	1 048 000	908 000	1 235 000	1 629 000
Operating Profit	455 000	721 000	247 000	−60 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	0	1 000
Financial Balance	0	0	0	0
Dividends	0	180 000	300 000	0
Net Income	455 000	563 000	193 000	−47 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	258 000	258 000	417 000	471 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	90 000	31 000	0	0
Total Tangible Assets	90 000	31 000	0	0
Total Fiancial Fixed Assets	57 000	57 000	57 000	57 000
Total Fixed Assets	405 000	346 000	473 000	528 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 374 000	968 000	461 000	370 000
Total Current Assets	1 390 000	973 000	465 000	613 000
Total Assets	1 795 000	1 319 000	939 000	1 141 000
Total Equity	1 670 000	1 215 000	832 000	940 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	6 000
Unpaid Taxes	43 000	25 000	−7 000	42 000
Dividends	0	180 000	300 000	0
Other Current Debt	82 000	74 000	112 000	147 000
Total Current Debt	125 000	104 000	106 000	201 000
Total Equity and Debt	1 795 000	1 319 000	939 000	1 141 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,25 %	46,34 %	23,2 %	−5 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	30,27 %	44,23 %	16,66 %	−3,82 %
Current Ratio	11,12	9,36	4,39	3,05
Quick Ratio	11,12	9,36	4,39	3,05
Equity Ratio	0,93	0,92	0,89	0,82
Gross Profit Margin	100 %	100 %	100 %	100 %