VORPENES VEIVEDLIKEHOLD AS

6450 HJELSET

Finances

Share Ownership

Return on Equity

30,56 %

Current Ratio

1,18

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 713 000	7 854 000	6 278 000	5 527 000
Net Income	946 000	406 000	537 000	−323 000
Total Assets	5 201 000	3 563 000	2 590 000	2 022 000
Total Equity	3 096 000	2 149 000	1 743 000	1 206 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 713 000	7 854 000	6 278 000	5 527 000
Expenditure	8 474 000	7 307 000	5 579 000	5 927 000
Operating Profit	1 240 000	546 000	700 000	−400 000
Financial Income	0	0	1 000	0
Financial Costs	25 000	26 000	12 000	14 000
Financial Balance	−25 000	−26 000	−11 000	−14 000
Earnings Before Tax	1 215 000	521 000	689 000	−414 000
Tax	268 000	115 000	152 000	−91 000
Net Income	946 000	406 000	537 000	−323 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 792 000	2 431 000	1 485 000	1 527 000
Total Current Assets	2 409 000	1 132 000	1 105 000	495 000
Total Assets	5 201 000	3 563 000	2 590 000	2 022 000
Total Retained Equity	3 066 000	2 119 000	1 713 000	1 176 000
Total Equity	3 096 000	2 149 000	1 743 000	1 206 000
Total Long-Term Debt	66 000	53 000	60 000	0
Total Current Debt	2 040 000	1 360 000	787 000	816 000
Total Equity and Debt	5 201 000	3 563 000	2 590 000	2 022 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 703 000	7 254 000	6 278 000	5 500 000
Other Income	10 000	600 000	0	27 000
Revenue	9 713 000	7 854 000	6 278 000	5 527 000
Cost of Goods Sold	418 000	500 000	228 000	111 000
Salary Costs	3 822 000	3 389 000	2 914 000	3 201 000
Depreciation	348 000	283 000	241 000	234 000
Impairment	0	0	0	0
Expenditure	8 474 000	7 307 000	5 579 000	5 927 000
Operating Profit	1 240 000	546 000	700 000	−400 000
Financial Income	0	0	1 000	0
Financial Costs	25 000	26 000	12 000	14 000
Financial Balance	−25 000	−26 000	−11 000	−14 000
Dividends	0	0	0	0
Net Income	946 000	406 000	537 000	−323 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	19 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	1 129 000	958 000	916 000	809 000
Fixtures	684 000	239 000	131 000	186 000
Total Tangible Assets	1 813 000	1 198 000	1 047 000	995 000
Total Fiancial Fixed Assets	980 000	1 233 000	438 000	513 000
Total Fixed Assets	2 792 000	2 431 000	1 485 000	1 527 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	8 000	295 000	741 000	89 000
Total Current Assets	2 409 000	1 132 000	1 105 000	495 000
Total Assets	5 201 000	3 563 000	2 590 000	2 022 000
Total Equity	3 096 000	2 149 000	1 743 000	1 206 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	66 000	53 000	60 000	0
Creditors	500 000	590 000	182 000	141 000
Unpaid Taxes	675 000	258 000	239 000	274 000
Dividends	0	0	0	0
Other Current Debt	609 000	391 000	294 000	401 000
Total Current Debt	2 040 000	1 360 000	787 000	816 000
Total Equity and Debt	5 201 000	3 563 000	2 590 000	2 022 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,56 %	18,89 %	30,81 %	−26,78 %
Debt-to-Equity Ratio	0,02	0,02	0,03	0
Operating Profit Margin	12,77 %	6,95 %	11,15 %	−7,24 %
Current Ratio	1,18	0,83	1,4	0,61
Quick Ratio	1,18	0,83	1,4	0,61
Equity Ratio	0,6	0,6	0,67	0,6
Gross Profit Margin	95,7 %	93,63 %	96,37 %	97,99 %