VEMUNDVIK TERMOGLASS AS

7810 NAMSOS

Finances

Share Ownership

Return on Equity

6,77 %

Current Ratio

1,28

Debt-to-Equity Ratio

0,36

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 060 000	5 542 000	6 289 000	5 380 000
Net Income	36 000	37 000	46 000	56 000
Total Assets	1 656 000	1 395 000	1 518 000	1 619 000
Total Equity	532 000	496 000	559 000	593 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 060 000	5 542 000	6 289 000	5 380 000
Expenditure	5 978 000	5 492 000	6 234 000	5 224 000
Operating Profit	81 000	51 000	55 000	155 000
Financial Income	1 000	1 000	7 000	10 000
Financial Costs	36 000	5 000	2 000	85 000
Financial Balance	−35 000	−4 000	5 000	−75 000
Earnings Before Tax	47 000	47 000	60 000	80 000
Tax	10 000	10 000	14 000	25 000
Net Income	36 000	37 000	46 000	56 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	464 000	474 000	159 000	199 000
Total Current Assets	1 192 000	921 000	1 359 000	1 420 000
Total Assets	1 656 000	1 395 000	1 518 000	1 619 000
Total Retained Equity	432 000	396 000	459 000	493 000
Total Equity	532 000	496 000	559 000	593 000
Total Long-Term Debt	192 000	292 000	0	0
Total Current Debt	932 000	607 000	959 000	1 027 000
Total Equity and Debt	1 656 000	1 395 000	1 518 000	1 619 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 015 000	5 542 000	6 289 000	5 380 000
Other Income	45 000	0	0	0
Revenue	6 060 000	5 542 000	6 289 000	5 380 000
Cost of Goods Sold	3 546 000	3 275 000	3 736 000	2 631 000
Salary Costs	1 310 000	1 204 000	1 072 000	1 362 000
Depreciation	72 000	39 000	39 000	41 000
Impairment	0	0	0	0
Expenditure	5 978 000	5 492 000	6 234 000	5 224 000
Operating Profit	81 000	51 000	55 000	155 000
Financial Income	1 000	1 000	7 000	10 000
Financial Costs	36 000	5 000	2 000	85 000
Financial Balance	−35 000	−4 000	5 000	−75 000
Dividends	0	100 000	80 000	50 000
Net Income	36 000	37 000	46 000	56 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 000	12 000	23 000	24 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	462 000	462 000	137 000	175 000
Total Tangible Assets	462 000	462 000	137 000	175 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	464 000	474 000	159 000	199 000
Stock	28 000	54 000	142 000	359 000
Total Investments	0	0	0	0
Cash, Bank	840 000	586 000	122 000	110 000
Total Current Assets	1 192 000	921 000	1 359 000	1 420 000
Total Assets	1 656 000	1 395 000	1 518 000	1 619 000
Total Equity	532 000	496 000	559 000	593 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	192 000	292 000	0	0
Creditors	97 000	57 000	0	65 000
Unpaid Taxes	425 000	187 000	343 000	293 000
Dividends	0	100 000	80 000	50 000
Other Current Debt	410 000	263 000	523 000	597 000
Total Current Debt	932 000	607 000	959 000	1 027 000
Total Equity and Debt	1 656 000	1 395 000	1 518 000	1 619 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,77 %	7,46 %	8,23 %	9,44 %
Debt-to-Equity Ratio	0,36	0,59	0	0
Operating Profit Margin	1,34 %	0,92 %	0,87 %	2,88 %
Current Ratio	1,28	1,52	1,42	1,38
Quick Ratio	1,32	1,67	1,66	2,13
Equity Ratio	0,32	0,36	0,37	0,37
Gross Profit Margin	41,49 %	40,91 %	40,59 %	51,1 %