VÅPENSMED OLE B. VATLAND AS

4406 FLEKKEFJORD

Finances

Share Ownership

Return on Equity

−1,85 %

Current Ratio

1,92

Debt-to-Equity Ratio

1,47

Key figures (NOK)	2022	2021	2020	2019
Revenue	792 000	751 000	1 294 000	1 333 000
Net Income	−11 000	57 000	325 000	100 000
Total Assets	3 056 000	3 103 000	3 237 000	3 143 000
Total Equity	595 000	606 000	549 000	223 000

Income (NOK)	2022	2021	2020	2019
Revenue	792 000	751 000	1 294 000	1 333 000
Expenditure	435 000	557 000	806 000	856 000
Operating Profit	246 000	180 000	530 000	244 000
Financial Income	0	0	0	0
Financial Costs	228 000	107 000	113 000	115 000
Financial Balance	−228 000	−107 000	−113 000	−115 000
Earnings Before Tax	18 000	73 000	417 000	129 000
Tax	28 000	16 000	92 000	28 000
Net Income	−11 000	57 000	325 000	100 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 000	23 000	38 000	101 000
Total Current Assets	3 038 000	3 080 000	3 199 000	3 042 000
Total Assets	3 056 000	3 103 000	3 237 000	3 143 000
Total Retained Equity	95 000	106 000	49 000	−277 000
Total Equity	595 000	606 000	549 000	223 000
Total Long-Term Debt	877 000	981 000	1 081 000	1 202 000
Total Current Debt	1 584 000	1 516 000	1 607 000	1 718 000
Total Equity and Debt	3 056 000	3 103 000	3 237 000	3 143 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	792 000	751 000	1 294 000	1 333 000
Other Income	0	0	0	0
Revenue	792 000	751 000	1 294 000	1 333 000
Cost of Goods Sold	90 000	37 000	407 000	283 000
Salary Costs	150 000	290 000	214 000	305 000
Depreciation	5 000	17 000	12 000	11 000
Impairment	0	0	0	0
Expenditure	435 000	557 000	806 000	856 000
Operating Profit	246 000	180 000	530 000	244 000
Financial Income	0	0	0	0
Financial Costs	228 000	107 000	113 000	115 000
Financial Balance	−228 000	−107 000	−113 000	−115 000
Dividends	0	0	0	0
Net Income	−11 000	57 000	325 000	100 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 000	2 000	0	78 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	12 000	0
Fixtures	16 000	21 000	26 000	23 000
Total Tangible Assets	16 000	21 000	38 000	23 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	18 000	23 000	38 000	101 000
Stock	1 917 000	2 028 000	2 043 000	2 001 000
Total Investments	0	112 000	0	0
Cash, Bank	225 000	220 000	355 000	326 000
Total Current Assets	3 038 000	3 080 000	3 199 000	3 042 000
Total Assets	3 056 000	3 103 000	3 237 000	3 143 000
Total Equity	595 000	606 000	549 000	223 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	877 000	981 000	1 081 000	1 202 000
Creditors	132 000	78 000	139 000	111 000
Unpaid Taxes	60 000	22 000	76 000	60 000
Dividends	0	0	0	0
Other Current Debt	866 000	889 000	1 001 000	1 060 000
Total Current Debt	1 584 000	1 516 000	1 607 000	1 718 000
Total Equity and Debt	3 056 000	3 103 000	3 237 000	3 143 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,85 %	9,41 %	59,2 %	44,84 %
Debt-to-Equity Ratio	1,47	1,62	1,97	5,39
Operating Profit Margin	31,06 %	23,97 %	40,96 %	18,3 %
Current Ratio	1,92	2,03	1,99	1,77
Quick Ratio	−9,12	−6,02	−7,34	−10,75
Equity Ratio	0,19	0,2	0,17	0,07
Gross Profit Margin	88,64 %	95,07 %	68,55 %	78,77 %