VIPSERVICE AS

7011 TRONDHEIM

Finances

Share Ownership

Return on Equity

5,87 %

Current Ratio

2,26

Debt-to-Equity Ratio

0,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	18 740 000	19 959 000	17 331 000	13 234 000
Net Income	197 000	652 000	1 519 000	288 000
Total Assets	7 089 000	7 153 000	6 032 000	3 885 000
Total Equity	3 358 000	3 161 000	2 509 000	989 000

Income (NOK)	2022	2021	2020	2019
Revenue	18 740 000	19 959 000	17 331 000	13 234 000
Expenditure	18 467 000	19 066 000	15 367 000	12 816 000
Operating Profit	273 000	893 000	1 964 000	418 000
Financial Income	95 000	66 000	114 000	43 000
Financial Costs	115 000	102 000	130 000	89 000
Financial Balance	−20 000	−36 000	−16 000	−46 000
Earnings Before Tax	252 000	856 000	1 949 000	372 000
Tax	56 000	204 000	429 000	84 000
Net Income	197 000	652 000	1 519 000	288 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	243 000	250 000	26 000	44 000
Total Current Assets	6 846 000	6 903 000	6 006 000	3 841 000
Total Assets	7 089 000	7 153 000	6 032 000	3 885 000
Total Retained Equity	3 328 000	3 131 000	2 479 000	959 000
Total Equity	3 358 000	3 161 000	2 509 000	989 000
Total Long-Term Debt	700 000	700 000	800 000	486 000
Total Current Debt	3 031 000	3 292 000	2 723 000	2 410 000
Total Equity and Debt	7 089 000	7 153 000	6 032 000	3 885 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	18 740 000	19 959 000	17 319 000	13 234 000
Other Income	0	0	12 000	0
Revenue	18 740 000	19 959 000	17 331 000	13 234 000
Cost of Goods Sold	9 991 000	10 352 000	8 163 000	6 658 000
Salary Costs	4 543 000	4 196 000	3 513 000	2 824 000
Depreciation	7 000	19 000	19 000	11 000
Impairment	0	0	0	0
Expenditure	18 467 000	19 066 000	15 367 000	12 816 000
Operating Profit	273 000	893 000	1 964 000	418 000
Financial Income	95 000	66 000	114 000	43 000
Financial Costs	115 000	102 000	130 000	89 000
Financial Balance	−20 000	−36 000	−16 000	−46 000
Dividends	0	0	0	0
Net Income	197 000	652 000	1 519 000	288 000

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	7 000	26 000	44 000
Total Tangible Assets	0	7 000	26 000	44 000
Total Fiancial Fixed Assets	243 000	243 000	0	0
Total Fixed Assets	243 000	250 000	26 000	44 000
Stock	5 147 000	5 037 000	4 036 000	2 369 000
Total Investments	0	0	0	0
Cash, Bank	896 000	1 170 000	854 000	320 000
Total Current Assets	6 846 000	6 903 000	6 006 000	3 841 000
Total Assets	7 089 000	7 153 000	6 032 000	3 885 000
Total Equity	3 358 000	3 161 000	2 509 000	989 000
Short-Term Group Debt	11 000	0	0	0
Total Long-Term Debt	700 000	700 000	800 000	486 000
Creditors	395 000	898 000	639 000	843 000
Unpaid Taxes	830 000	1 050 000	767 000	628 000
Dividends	0	0	0	0
Other Current Debt	1 740 000	1 139 000	887 000	855 000
Total Current Debt	3 031 000	3 292 000	2 723 000	2 410 000
Total Equity and Debt	7 089 000	7 153 000	6 032 000	3 885 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,87 %	20,63 %	60,54 %	29,12 %
Debt-to-Equity Ratio	0,21	0,22	0,32	0,49
Operating Profit Margin	1,46 %	4,47 %	11,33 %	3,16 %
Current Ratio	2,26	2,1	2,21	1,59
Quick Ratio	−3,24	−3,96	−4,57	93,68
Equity Ratio	0,47	0,44	0,42	0,25
Gross Profit Margin	46,69 %	48,13 %	52,9 %	49,69 %