T.N. VANGS MEK. VERKSTED AS

7670 INDERØY

Finances

Share Ownership

Return on Equity

3,34 %

Current Ratio

3,31

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	101 447 000	100 939 000	106 397 000	101 326 000
Net Income	1 563 000	4 747 000	7 756 000	8 829 000
Total Assets	65 504 000	80 183 000	82 447 000	72 912 000
Total Equity	46 791 000	53 123 000	51 175 000	48 019 000

Income (NOK)	2022	2021	2020	2019
Revenue	101 447 000	100 939 000	106 397 000	101 326 000
Expenditure	101 706 000	98 288 000	95 021 000	87 642 000
Operating Profit	1 925 000	5 880 000	9 932 000	11 018 000
Financial Income	675 000	422 000	467 000	498 000
Financial Costs	585 000	210 000	441 000	284 000
Financial Balance	90 000	212 000	26 000	214 000
Earnings Before Tax	2 015 000	6 092 000	9 958 000	11 233 000
Tax	452 000	1 344 000	2 202 000	2 404 000
Net Income	1 563 000	4 747 000	7 756 000	8 829 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 635 000	17 677 000	14 490 000	9 885 000
Total Current Assets	61 869 000	62 506 000	67 957 000	63 027 000
Total Assets	65 504 000	80 183 000	82 447 000	72 912 000
Total Retained Equity	45 981 000	52 123 000	50 175 000	47 019 000
Total Equity	46 791 000	53 123 000	51 175 000	48 019 000
Total Long-Term Debt	0	6 821 000	10 000 000	1 707 000
Total Current Debt	18 714 000	20 239 000	21 272 000	23 185 000
Total Equity and Debt	65 504 000	80 183 000	82 447 000	72 912 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	101 447 000	100 891 000	106 306 000	101 056 000
Other Income	0	48 000	92 000	270 000
Revenue	101 447 000	100 939 000	106 397 000	101 326 000
Cost of Goods Sold	54 816 000	53 235 000	51 406 000	47 314 000
Salary Costs	34 815 000	34 504 000	33 816 000	31 264 000
Depreciation	994 000	1 614 000	1 309 000	1 279 000
Impairment	0	0	0	0
Expenditure	101 706 000	98 288 000	95 021 000	87 642 000
Operating Profit	1 925 000	5 880 000	9 932 000	11 018 000
Financial Income	675 000	422 000	467 000	498 000
Financial Costs	585 000	210 000	441 000	284 000
Financial Balance	90 000	212 000	26 000	214 000
Dividends	900 000	2 800 000	4 600 000	5 200 000
Net Income	1 563 000	4 747 000	7 756 000	8 829 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	161 000	405 000	440 000	403 000
Real Eastate	0	13 573 000	11 193 000	7 171 000
Machinery and Plant Facilities	1 784 000	1 491 000	1 692 000	1 452 000
Fixtures	1 690 000	2 207 000	1 164 000	858 000
Total Tangible Assets	3 474 000	17 271 000	14 049 000	9 481 000
Total Fiancial Fixed Assets	1 000	1 000	1 000	1 000
Total Fixed Assets	3 635 000	17 677 000	14 490 000	9 885 000
Stock	31 809 000	23 659 000	20 049 000	20 658 000
Total Investments	0	0	0	0
Cash, Bank	13 993 000	27 556 000	41 500 000	33 204 000
Total Current Assets	61 869 000	62 506 000	67 957 000	63 027 000
Total Assets	65 504 000	80 183 000	82 447 000	72 912 000
Total Equity	46 791 000	53 123 000	51 175 000	48 019 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	6 821 000	10 000 000	1 707 000
Creditors	8 912 000	7 636 000	5 700 000	5 258 000
Unpaid Taxes	2 881 000	3 452 000	3 358 000	4 212 000
Dividends	900 000	2 800 000	4 600 000	5 200 000
Other Current Debt	5 641 000	5 041 000	5 375 000	6 417 000
Total Current Debt	18 714 000	20 239 000	21 272 000	23 185 000
Total Equity and Debt	65 504 000	80 183 000	82 447 000	72 912 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,34 %	8,94 %	15,16 %	18,39 %
Debt-to-Equity Ratio	0	0,13	0,2	0,04
Operating Profit Margin	1,9 %	5,83 %	9,33 %	10,87 %
Current Ratio	3,31	3,09	3,19	2,72
Quick Ratio	−4,72	−18,28	55,57	24,94
Equity Ratio	0,71	0,66	0,62	0,66
Gross Profit Margin	45,97 %	47,26 %	51,68 %	53,31 %