VEVANG AS

9790 KJØLLEFJORD

Finances

Share Ownership

Return on Equity

27,18 %

Current Ratio

2,36

Debt-to-Equity Ratio

1,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 764 000	6 946 000	5 032 000	3 625 000
Net Income	535 000	348 000	340 000	98 000
Total Assets	5 900 000	4 685 000	4 388 000	3 980 000
Total Equity	1 968 000	1 433 000	1 084 000	744 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 764 000	6 946 000	5 032 000	3 625 000
Expenditure	8 935 000	6 429 000	4 516 000	3 440 000
Operating Profit	829 000	517 000	517 000	186 000
Financial Income	0	8 000	3 000	8 000
Financial Costs	70 000	67 000	84 000	68 000
Financial Balance	−70 000	−59 000	−81 000	−60 000
Earnings Before Tax	759 000	458 000	436 000	126 000
Tax	223 000	110 000	96 000	28 000
Net Income	535 000	348 000	340 000	98 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 830 000	2 041 000	2 227 000	2 270 000
Total Current Assets	4 070 000	2 644 000	2 161 000	1 710 000
Total Assets	5 900 000	4 685 000	4 388 000	3 980 000
Total Retained Equity	1 718 000	1 183 000	834 000	494 000
Total Equity	1 968 000	1 433 000	1 084 000	744 000
Total Long-Term Debt	2 207 000	2 593 000	2 752 000	2 662 000
Total Current Debt	1 725 000	659 000	551 000	574 000
Total Equity and Debt	5 900 000	4 685 000	4 388 000	3 980 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 667 000	6 846 000	4 916 000	3 240 000
Other Income	97 000	100 000	116 000	385 000
Revenue	9 764 000	6 946 000	5 032 000	3 625 000
Cost of Goods Sold	6 758 000	4 644 000	2 922 000	2 307 000
Salary Costs	996 000	710 000	751 000	459 000
Depreciation	219 000	204 000	193 000	133 000
Impairment	0	0	0	0
Expenditure	8 935 000	6 429 000	4 516 000	3 440 000
Operating Profit	829 000	517 000	517 000	186 000
Financial Income	0	8 000	3 000	8 000
Financial Costs	70 000	67 000	84 000	68 000
Financial Balance	−70 000	−59 000	−81 000	−60 000
Dividends	0	0	0	0
Net Income	535 000	348 000	340 000	98 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 500 000	1 747 000	1 868 000	1 989 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	331 000	294 000	359 000	281 000
Total Tangible Assets	1 830 000	2 041 000	2 227 000	2 270 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 830 000	2 041 000	2 227 000	2 270 000
Stock	2 983 000	2 351 000	1 669 000	1 248 000
Total Investments	0	0	0	0
Cash, Bank	398 000	73 000	67 000	75 000
Total Current Assets	4 070 000	2 644 000	2 161 000	1 710 000
Total Assets	5 900 000	4 685 000	4 388 000	3 980 000
Total Equity	1 968 000	1 433 000	1 084 000	744 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 207 000	2 593 000	2 752 000	2 662 000
Creditors	1 087 000	412 000	203 000	502 000
Unpaid Taxes	98 000	20 000	108 000	−13 000
Dividends	0	0	0	0
Other Current Debt	317 000	104 000	119 000	84 000
Total Current Debt	1 725 000	659 000	551 000	574 000
Total Equity and Debt	5 900 000	4 685 000	4 388 000	3 980 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,18 %	24,28 %	31,37 %	13,17 %
Debt-to-Equity Ratio	1,12	1,81	2,54	3,58
Operating Profit Margin	8,49 %	7,44 %	10,27 %	5,13 %
Current Ratio	2,36	4,01	3,92	2,98
Quick Ratio	−3,24	−1,56	−1,93	−2,54
Equity Ratio	0,33	0,31	0,25	0,19
Gross Profit Margin	30,79 %	33,14 %	41,93 %	36,36 %