VAFLERIET AS

1970 HEMNES

Finances

Share Ownership

Return on Equity

43,74 %

Current Ratio

1,87

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 382 000	2 172 000	1 247 000	0
Net Income	933 000	713 000	466 000	−1 000
Total Assets	2 770 000	1 510 000	635 000	21 000
Total Equity	2 133 000	1 200 000	487 000	21 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 382 000	2 172 000	1 247 000	0
Expenditure	3 165 000	1 258 000	651 000	1 000
Operating Profit	1 218 000	914 000	595 000	−1 000
Financial Income	1 000	0	0	0
Financial Costs	23 000	1 000	0	0
Financial Balance	−22 000	−1 000	0	0
Earnings Before Tax	1 196 000	914 000	595 000	−1 000
Tax	263 000	201 000	129 000	0
Net Income	933 000	713 000	466 000	−1 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 676 000	1 074 000	487 000	0
Total Current Assets	1 094 000	436 000	148 000	21 000
Total Assets	2 770 000	1 510 000	635 000	21 000
Total Retained Equity	2 111 000	1 179 000	465 000	−1 000
Total Equity	2 133 000	1 200 000	487 000	21 000
Total Long-Term Debt	53 000	45 000	26 000	0
Total Current Debt	585 000	266 000	123 000	0
Total Equity and Debt	2 770 000	1 510 000	635 000	21 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 382 000	2 172 000	1 247 000	0
Other Income	0	0	0	0
Revenue	4 382 000	2 172 000	1 247 000	0
Cost of Goods Sold	1 236 000	489 000	298 000	0
Salary Costs	563 000	307 000	152 000	0
Depreciation	338 000	152 000	43 000	0
Impairment	0	0	0	0
Expenditure	3 165 000	1 258 000	651 000	1 000
Operating Profit	1 218 000	914 000	595 000	−1 000
Financial Income	1 000	0	0	0
Financial Costs	23 000	1 000	0	0
Financial Balance	−22 000	−1 000	0	0
Dividends	0	0	0	0
Net Income	933 000	713 000	466 000	−1 000

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	416 000	0	0	0
Fixtures	1 260 000	1 074 000	487 000	0
Total Tangible Assets	1 676 000	1 074 000	487 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 676 000	1 074 000	487 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	989 000	429 000	134 000	21 000
Total Current Assets	1 094 000	436 000	148 000	21 000
Total Assets	2 770 000	1 510 000	635 000	21 000
Total Equity	2 133 000	1 200 000	487 000	21 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	53 000	45 000	26 000	0
Creditors	112 000	9 000	0	0
Unpaid Taxes	92 000	3 000	8 000	0
Dividends	0	0	0	0
Other Current Debt	125 000	71 000	12 000	0
Total Current Debt	585 000	266 000	123 000	0
Total Equity and Debt	2 770 000	1 510 000	635 000	21 000

Financial indicators	2022	2021	2020	2019
Return on Equity	43,74 %	59,42 %	95,69 %	−4,76 %
Debt-to-Equity Ratio	0,02	0,04	0,05	0
Operating Profit Margin	27,8 %	42,08 %	47,71 %	-
Current Ratio	1,87	1,64	1,2	-
Quick Ratio	1,87	1,64	1,2	-
Equity Ratio	0,77	0,79	0,77	1
Gross Profit Margin	71,79 %	77,49 %	76,1 %	-