VETTRE ELEKTRISKE AS

1392 VETTRE

Finances

Share Ownership

Return on Equity

228,13 %

Current Ratio

1,1

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 714 000	9 738 000	9 930 000	9 960 000
Net Income	1 241 000	1 840 000	1 456 000	1 728 000
Total Assets	4 930 000	5 256 000	4 595 000	4 727 000
Total Equity	544 000	1 803 000	963 000	1 007 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 714 000	9 738 000	9 930 000	9 960 000
Expenditure	7 143 000	7 388 000	8 079 000	7 765 000
Operating Profit	1 571 000	2 351 000	1 851 000	2 196 000
Financial Income	32 000	11 000	26 000	38 000
Financial Costs	2 000	2 000	6 000	3 000
Financial Balance	30 000	9 000	20 000	35 000
Earnings Before Tax	1 600 000	2 360 000	1 871 000	2 231 000
Tax	359 000	520 000	415 000	503 000
Net Income	1 241 000	1 840 000	1 456 000	1 728 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	113 000	85 000	115 000	155 000
Total Current Assets	4 818 000	5 171 000	4 480 000	4 572 000
Total Assets	4 930 000	5 256 000	4 595 000	4 727 000
Total Retained Equity	444 000	1 703 000	863 000	907 000
Total Equity	544 000	1 803 000	963 000	1 007 000
Total Long-Term Debt	24 000	13 000	25 000	43 000
Total Current Debt	4 362 000	3 440 000	3 606 000	3 677 000
Total Equity and Debt	4 930 000	5 256 000	4 595 000	4 727 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 678 000	9 708 000	9 900 000	9 575 000
Other Income	36 000	30 000	30 000	385 000
Revenue	8 714 000	9 738 000	9 930 000	9 960 000
Cost of Goods Sold	2 383 000	2 565 000	2 802 000	2 416 000
Salary Costs	3 443 000	3 581 000	3 925 000	3 903 000
Depreciation	31 000	30 000	40 000	103 000
Impairment	0	0	0	0
Expenditure	7 143 000	7 388 000	8 079 000	7 765 000
Operating Profit	1 571 000	2 351 000	1 851 000	2 196 000
Financial Income	32 000	11 000	26 000	38 000
Financial Costs	2 000	2 000	6 000	3 000
Financial Balance	30 000	9 000	20 000	35 000
Dividends	2 500 000	1 000 000	1 500 000	1 500 000
Net Income	1 241 000	1 840 000	1 456 000	1 728 000

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	79 000	85 000	115 000	155 000
Total Tangible Assets	79 000	85 000	115 000	155 000
Total Fiancial Fixed Assets	33 000	0	0	0
Total Fixed Assets	113 000	85 000	115 000	155 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 139 000	4 243 000	3 971 000	3 586 000
Total Current Assets	4 818 000	5 171 000	4 480 000	4 572 000
Total Assets	4 930 000	5 256 000	4 595 000	4 727 000
Total Equity	544 000	1 803 000	963 000	1 007 000
Short-Term Group Debt	0	0	1 500 000	1 500 000
Total Long-Term Debt	24 000	13 000	25 000	43 000
Creditors	549 000	542 000	478 000	485 000
Unpaid Taxes	436 000	551 000	621 000	670 000
Dividends	2 500 000	1 000 000	1 500 000	1 500 000
Other Current Debt	508 000	815 000	575 000	559 000
Total Current Debt	4 362 000	3 440 000	3 606 000	3 677 000
Total Equity and Debt	4 930 000	5 256 000	4 595 000	4 727 000

Financial indicators	2022	2021	2020	2019
Return on Equity	228,13 %	102,05 %	151,19 %	171,6 %
Debt-to-Equity Ratio	0,04	0,01	0,03	0,04
Operating Profit Margin	18,03 %	24,14 %	18,64 %	22,05 %
Current Ratio	1,1	1,5	1,24	1,24
Quick Ratio	1,1	1,5	1,24	1,24
Equity Ratio	0,11	0,34	0,21	0,21
Gross Profit Margin	72,65 %	73,66 %	71,78 %	75,74 %