VERSATIL AS

3122 TØNSBERG

Finances

Return on Equity

30,93 %

Current Ratio

1,97

Debt-to-Equity Ratio

0,81

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 335 000	3 070 000	3 707 000	3 055 000
Net Income	202 000	−64 000	280 000	233 000
Total Assets	1 858 000	1 826 000	1 667 000	1 304 000
Total Equity	653 000	451 000	516 000	236 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 335 000	3 070 000	3 707 000	3 055 000
Expenditure	2 950 000	3 177 000	3 208 000	2 640 000
Operating Profit	384 000	−107 000	499 000	414 000
Financial Income	0	373 000	58 000	0
Financial Costs	103 000	379 000	175 000	133 000
Financial Balance	−103 000	−6 000	−117 000	−133 000
Earnings Before Tax	281 000	−113 000	382 000	281 000
Tax	79 000	−49 000	102 000	49 000
Net Income	202 000	−64 000	280 000	233 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	527 000	746 000	237 000	235 000
Total Current Assets	1 330 000	1 080 000	1 430 000	1 069 000
Total Assets	1 858 000	1 826 000	1 667 000	1 304 000
Total Retained Equity	608 000	406 000	471 000	191 000
Total Equity	653 000	451 000	516 000	236 000
Total Long-Term Debt	528 000	659 000	76 000	400 000
Total Current Debt	676 000	717 000	1 076 000	668 000
Total Equity and Debt	1 858 000	1 826 000	1 667 000	1 304 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 306 000	3 070 000	3 706 000	3 055 000
Other Income	29 000	0	1 000	0
Revenue	3 335 000	3 070 000	3 707 000	3 055 000
Cost of Goods Sold	106 000	55 000	29 000	25 000
Salary Costs	2 197 000	2 637 000	2 719 000	2 199 000
Depreciation	163 000	108 000	77 000	70 000
Impairment	0	0	0	0
Expenditure	2 950 000	3 177 000	3 208 000	2 640 000
Operating Profit	384 000	−107 000	499 000	414 000
Financial Income	0	373 000	58 000	0
Financial Costs	103 000	379 000	175 000	133 000
Financial Balance	−103 000	−6 000	−117 000	−133 000
Dividends	0	0	0	0
Net Income	202 000	−64 000	280 000	233 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	49 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	527 000	697 000	237 000	103 000
Total Tangible Assets	527 000	697 000	237 000	103 000
Total Fiancial Fixed Assets	0	0	0	132 000
Total Fixed Assets	527 000	746 000	237 000	235 000
Stock	0	0	0	0
Total Investments	163 000	277 000	347 000	0
Cash, Bank	881 000	548 000	635 000	809 000
Total Current Assets	1 330 000	1 080 000	1 430 000	1 069 000
Total Assets	1 858 000	1 826 000	1 667 000	1 304 000
Total Equity	653 000	451 000	516 000	236 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	528 000	659 000	76 000	400 000
Creditors	13 000	11 000	8 000	26 000
Unpaid Taxes	266 000	242 000	452 000	343 000
Dividends	0	0	0	0
Other Current Debt	373 000	464 000	513 000	250 000
Total Current Debt	676 000	717 000	1 076 000	668 000
Total Equity and Debt	1 858 000	1 826 000	1 667 000	1 304 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,93 %	−14,19 %	54,26 %	98,73 %
Debt-to-Equity Ratio	0,81	1,46	0,15	1,69
Operating Profit Margin	11,51 %	−3,49 %	13,46 %	13,55 %
Current Ratio	1,97	1,51	1,33	1,6
Quick Ratio	1,97	1,51	1,33	1,6
Equity Ratio	0,35	0,25	0,31	0,18
Gross Profit Margin	96,82 %	98,21 %	99,22 %	99,18 %