VIDAR STRAND MOTOR AS

1860 TRØGSTAD

Finances

Share Ownership

Return on Equity

−10,62 %

Current Ratio

15,7

Debt-to-Equity Ratio

2,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 024 000	3 754 000	3 955 000	6 637 000
Net Income	−84 000	34 000	−293 000	−163 000
Total Assets	2 618 000	2 753 000	2 684 000	3 600 000
Total Equity	791 000	875 000	840 000	1 133 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 024 000	3 754 000	3 955 000	6 637 000
Expenditure	3 951 000	3 678 000	4 230 000	6 536 000
Operating Profit	73 000	76 000	−359 000	−192 000
Financial Income	5 000	3 000	2 000	2 000
Financial Costs	48 000	34 000	19 000	18 000
Financial Balance	−43 000	−31 000	−17 000	−16 000
Earnings Before Tax	30 000	44 000	−375 000	−208 000
Tax	114 000	10 000	−83 000	−45 000
Net Income	−84 000	34 000	−293 000	−163 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	343 000	692 000	947 000	1 054 000
Total Current Assets	2 276 000	2 061 000	1 737 000	2 546 000
Total Assets	2 618 000	2 753 000	2 684 000	3 600 000
Total Retained Equity	691 000	775 000	755 000	1 048 000
Total Equity	791 000	875 000	840 000	1 133 000
Total Long-Term Debt	1 682 000	1 648 000	1 558 000	2 164 000
Total Current Debt	145 000	230 000	285 000	303 000
Total Equity and Debt	2 618 000	2 753 000	2 684 000	3 600 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 024 000	3 754 000	3 955 000	6 637 000
Other Income	0	0	0	0
Revenue	4 024 000	3 754 000	3 955 000	6 637 000
Cost of Goods Sold	2 302 000	2 074 000	2 463 000	4 499 000
Salary Costs	332 000	156 000	156 000	157 000
Depreciation	236 000	245 000	239 000	119 000
Impairment	0	0	0	0
Expenditure	3 951 000	3 678 000	4 230 000	6 536 000
Operating Profit	73 000	76 000	−359 000	−192 000
Financial Income	5 000	3 000	2 000	2 000
Financial Costs	48 000	34 000	19 000	18 000
Financial Balance	−43 000	−31 000	−17 000	−16 000
Dividends	0	0	0	0
Net Income	−84 000	34 000	−293 000	−163 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	114 000	123 000	41 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	756 000	972 000
Fixtures	343 000	578 000	67 000	41 000
Total Tangible Assets	343 000	578 000	823 000	1 013 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	343 000	692 000	947 000	1 054 000
Stock	1 554 000	1 520 000	1 432 000	1 516 000
Total Investments	0	0	0	0
Cash, Bank	678 000	527 000	175 000	723 000
Total Current Assets	2 276 000	2 061 000	1 737 000	2 546 000
Total Assets	2 618 000	2 753 000	2 684 000	3 600 000
Total Equity	791 000	875 000	840 000	1 133 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 682 000	1 648 000	1 558 000	2 164 000
Creditors	15 000	85 000	195 000	133 000
Unpaid Taxes	99 000	126 000	76 000	156 000
Dividends	0	0	0	0
Other Current Debt	31 000	20 000	14 000	14 000
Total Current Debt	145 000	230 000	285 000	303 000
Total Equity and Debt	2 618 000	2 753 000	2 684 000	3 600 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−10,62 %	3,89 %	−34,88 %	−14,39 %
Debt-to-Equity Ratio	2,13	1,88	1,85	1,91
Operating Profit Margin	1,81 %	2,02 %	−9,08 %	−2,89 %
Current Ratio	15,7	8,96	6,09	8,4
Quick Ratio	−1,62	−1,6	−1,51	−2,1
Equity Ratio	0,3	0,32	0,31	0,31
Gross Profit Margin	42,79 %	44,75 %	37,72 %	32,21 %