VABIS AS

5570 AKSDAL

Finances

Share Ownership

Return on Equity

−12,41 %

Current Ratio

1,14

Debt-to-Equity Ratio

0,75

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 118 000	1 958 000	1 194 000	4 465 000
Net Income	−124 000	320 000	−397 000	1 005 000
Total Assets	2 382 000	1 792 000	1 514 000	2 278 000
Total Equity	999 000	1 123 000	803 000	1 200 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 118 000	1 958 000	1 194 000	4 465 000
Expenditure	2 201 000	1 632 000	1 576 000	3 294 000
Operating Profit	−83 000	327 000	−382 000	1 172 000
Financial Income	0	0	1 000	1 000
Financial Costs	41 000	7 000	16 000	30 000
Financial Balance	−41 000	−7 000	−15 000	−29 000
Earnings Before Tax	−124 000	320 000	−397 000	1 142 000
Tax	0	0	0	137 000
Net Income	−124 000	320 000	−397 000	1 005 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 659 000	1 151 000	1 229 000	1 471 000
Total Current Assets	724 000	642 000	285 000	807 000
Total Assets	2 382 000	1 792 000	1 514 000	2 278 000
Total Retained Equity	958 000	1 082 000	761 000	1 158 000
Total Equity	999 000	1 123 000	803 000	1 200 000
Total Long-Term Debt	748 000	0	172 000	267 000
Total Current Debt	634 000	669 000	540 000	811 000
Total Equity and Debt	2 382 000	1 792 000	1 514 000	2 278 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 871 000	1 949 000	1 116 000	4 465 000
Other Income	247 000	9 000	78 000	0
Revenue	2 118 000	1 958 000	1 194 000	4 465 000
Cost of Goods Sold	131 000	108 000	142 000	250 000
Salary Costs	416 000	169 000	122 000	666 000
Depreciation	205 000	219 000	188 000	178 000
Impairment	0	0	0	0
Expenditure	2 201 000	1 632 000	1 576 000	3 294 000
Operating Profit	−83 000	327 000	−382 000	1 172 000
Financial Income	0	0	1 000	1 000
Financial Costs	41 000	7 000	16 000	30 000
Financial Balance	−41 000	−7 000	−15 000	−29 000
Dividends	0	0	0	0
Net Income	−124 000	320 000	−397 000	1 005 000

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	1 217 000	0	0	119 000
Fixtures	442 000	1 151 000	1 229 000	1 352 000
Total Tangible Assets	1 659 000	1 151 000	1 229 000	1 471 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 659 000	1 151 000	1 229 000	1 471 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	484 000	407 000	20 000	624 000
Total Current Assets	724 000	642 000	285 000	807 000
Total Assets	2 382 000	1 792 000	1 514 000	2 278 000
Total Equity	999 000	1 123 000	803 000	1 200 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	748 000	0	172 000	267 000
Creditors	38 000	98 000	95 000	107 000
Unpaid Taxes	50 000	71 000	11 000	94 000
Dividends	0	0	0	0
Other Current Debt	546 000	501 000	434 000	475 000
Total Current Debt	634 000	669 000	540 000	811 000
Total Equity and Debt	2 382 000	1 792 000	1 514 000	2 278 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−12,41 %	28,5 %	−49,44 %	83,75 %
Debt-to-Equity Ratio	0,75	0	0,21	0,22
Operating Profit Margin	−3,92 %	16,7 %	−31,99 %	26,25 %
Current Ratio	1,14	0,96	0,53	1
Quick Ratio	1,14	0,96	0,53	1
Equity Ratio	0,42	0,63	0,53	0,53
Gross Profit Margin	93,81 %	94,48 %	88,11 %	94,4 %