VSM NORGE AS

0167 OSLO

Finances

Share Ownership

Return on Equity

7,84 %

Current Ratio

1,59

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 203 000	37 220 000	35 140 000	20 908 000
Net Income	1 498 000	1 445 000	1 782 000	1 410 000
Total Assets	22 241 000	20 913 000	19 082 000	23 847 000
Total Equity	19 098 000	17 599 000	16 154 000	14 372 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 203 000	37 220 000	35 140 000	20 908 000
Expenditure	19 897 000	36 771 000	34 721 000	20 957 000
Operating Profit	306 000	449 000	420 000	−49 000
Financial Income	1 604 000	1 410 000	1 873 000	1 892 000
Financial Costs	6 000	4 000	9 000	1 000
Financial Balance	1 598 000	1 406 000	1 864 000	1 891 000
Earnings Before Tax	1 903 000	1 855 000	2 285 000	1 843 000
Tax	405 000	409 000	503 000	433 000
Net Income	1 498 000	1 445 000	1 782 000	1 410 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	17 812 000	13 689 000	13 579 000	16 610 000
Total Current Assets	4 429 000	7 225 000	5 504 000	7 238 000
Total Assets	22 241 000	20 913 000	19 082 000	23 847 000
Total Retained Equity	15 298 000	13 799 000	12 354 000	10 572 000
Total Equity	19 098 000	17 599 000	16 154 000	14 372 000
Total Long-Term Debt	355 000	568 000	830 000	404 000
Total Current Debt	2 789 000	2 746 000	2 098 000	9 072 000
Total Equity and Debt	22 241 000	20 913 000	19 082 000	23 847 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	20 203 000	37 220 000	35 140 000	20 908 000
Other Income	0	0	0	0
Revenue	20 203 000	37 220 000	35 140 000	20 908 000
Cost of Goods Sold	16 970 000	33 798 000	31 060 000	17 862 000
Salary Costs	1 143 000	1 121 000	1 134 000	983 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	19 897 000	36 771 000	34 721 000	20 957 000
Operating Profit	306 000	449 000	420 000	−49 000
Financial Income	1 604 000	1 410 000	1 873 000	1 892 000
Financial Costs	6 000	4 000	9 000	1 000
Financial Balance	1 598 000	1 406 000	1 864 000	1 891 000
Dividends	0	0	0	0
Net Income	1 498 000	1 445 000	1 782 000	1 410 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	102 000	153 000	167 000	95 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	20 000	5 000	0	0
Fixtures	0	0	0	0
Total Tangible Assets	20 000	5 000	0	0
Total Fiancial Fixed Assets	17 689 000	13 531 000	13 411 000	16 515 000
Total Fixed Assets	17 812 000	13 689 000	13 579 000	16 610 000
Stock	30 000	68 000	147 000	236 000
Total Investments	0	0	0	0
Cash, Bank	102 000	102 000	936 000	2 194 000
Total Current Assets	4 429 000	7 225 000	5 504 000	7 238 000
Total Assets	22 241 000	20 913 000	19 082 000	23 847 000
Total Equity	19 098 000	17 599 000	16 154 000	14 372 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	355 000	568 000	830 000	404 000
Creditors	1 116 000	559 000	151 000	7 101 000
Unpaid Taxes	820 000	1 307 000	1 159 000	1 271 000
Dividends	0	0	0	0
Other Current Debt	498 000	486 000	213 000	277 000
Total Current Debt	2 789 000	2 746 000	2 098 000	9 072 000
Total Equity and Debt	22 241 000	20 913 000	19 082 000	23 847 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,84 %	8,21 %	11,03 %	9,81 %
Debt-to-Equity Ratio	0,02	0,03	0,05	0,03
Operating Profit Margin	1,51 %	1,21 %	1,2 %	−0,23 %
Current Ratio	1,59	2,63	2,62	0,8
Quick Ratio	1,61	2,7	2,82	0,82
Equity Ratio	0,86	0,84	0,85	0,6
Gross Profit Margin	16 %	9,19 %	11,61 %	14,57 %