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Q3 from ViaNett:
ViaNett focuses on profitability instead of growth.
ViaNett has since the spring of 2008 focused on profitability instead of growth. There are 2 main factors which ViaNett has been focusing on the past six months. One is to design and develop a sales process which makes it possible for our customers to create a demo account, test systems, and subscribe to a service. The other is to develop new services and simplified versions of our products to be able to reach the consumer market. The figures from the third quarter show lower growth, but at the same time, ViaNett is in control of its cash flow. In these times, that is an advantage.
With fewer possibilities to finance growth at a reasonable price for the stock holders of ViaNett, the Company is currently not looking out for new funding or to issue new stock capital. On the other hand it's always a possibility to evaluate an offer from investors.
ViaNett is focusing on managing its own financial needs, by more effective sales, keeping good customer relations, and developing new functions that will be in the market's interest. In times when both companies and consumers are cost-aware, ViaNett is working to be in the position to offer the extra value.
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(11.21.2008)
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ViaNett - Financial overview
Key figures of our company (NOK):
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2007
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2006
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2005
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2004
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2003
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Stock capital |
473.505
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453.445
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422.818
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402.618
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338.975
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Owners equity |
5.491.747
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3.600.747
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1.767.511
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1.641.938
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1.111.247
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Turnover |
54.034.805
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29.181.332
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14.111.650
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6.973.266
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4.311.051
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Operating profit |
-118.181
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84.215
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-998.382
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-1.343.940
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-494.093
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Res. bef. tax |
35.148
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29.902
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-1.008.926
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-2.035.561
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-438.667
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