VEDVIK BYGGSERVICE AS

3114 TØNSBERG

Finances

Share Ownership

Return on Equity

27,34 %

Current Ratio

2,06

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 118 000	3 118 000	2 942 000	2 349 000
Net Income	187 000	389 000	89 000	77 000
Total Assets	1 265 000	1 077 000	665 000	478 000
Total Equity	684 000	497 000	259 000	170 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 118 000	3 118 000	2 942 000	2 349 000
Expenditure	2 876 000	2 627 000	2 811 000	2 264 000
Operating Profit	241 000	491 000	131 000	85 000
Financial Income	0	6 000	−15 000	17 000
Financial Costs	1 000	0	2 000	0
Financial Balance	−1 000	6 000	−17 000	17 000
Earnings Before Tax	240 000	497 000	114 000	102 000
Tax	54 000	108 000	25 000	25 000
Net Income	187 000	389 000	89 000	77 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	87 000	73 000	49 000	53 000
Total Current Assets	1 178 000	1 004 000	617 000	425 000
Total Assets	1 265 000	1 077 000	665 000	478 000
Total Retained Equity	599 000	412 000	174 000	85 000
Total Equity	684 000	497 000	259 000	170 000
Total Long-Term Debt	10 000	13 000	0	0
Total Current Debt	571 000	566 000	406 000	308 000
Total Equity and Debt	1 265 000	1 077 000	665 000	478 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 118 000	3 030 000	2 942 000	2 349 000
Other Income	0	88 000	0	0
Revenue	3 118 000	3 118 000	2 942 000	2 349 000
Cost of Goods Sold	51 000	281 000	576 000	474 000
Salary Costs	1 400 000	954 000	1 053 000	841 000
Depreciation	5 000	4 000	0	0
Impairment	0	0	0	0
Expenditure	2 876 000	2 627 000	2 811 000	2 264 000
Operating Profit	241 000	491 000	131 000	85 000
Financial Income	0	6 000	−15 000	17 000
Financial Costs	1 000	0	2 000	0
Financial Balance	−1 000	6 000	−17 000	17 000
Dividends	0	150 000	0	0
Net Income	187 000	389 000	89 000	77 000

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	0	0	0	0
Fixtures	7 000	12 000	0	0
Total Tangible Assets	7 000	12 000	0	0
Total Fiancial Fixed Assets	80 000	60 000	49 000	53 000
Total Fixed Assets	87 000	73 000	49 000	53 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 050 000	825 000	554 000	340 000
Total Current Assets	1 178 000	1 004 000	617 000	425 000
Total Assets	1 265 000	1 077 000	665 000	478 000
Total Equity	684 000	497 000	259 000	170 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 000	13 000	0	0
Creditors	117 000	10 000	70 000	7 000
Unpaid Taxes	148 000	129 000	119 000	102 000
Dividends	0	150 000	0	0
Other Current Debt	249 000	182 000	192 000	173 000
Total Current Debt	571 000	566 000	406 000	308 000
Total Equity and Debt	1 265 000	1 077 000	665 000	478 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,34 %	78,27 %	34,36 %	45,29 %
Debt-to-Equity Ratio	0,01	0,03	0	0
Operating Profit Margin	7,73 %	15,75 %	4,45 %	3,62 %
Current Ratio	2,06	1,77	1,52	1,38
Quick Ratio	2,06	1,77	1,52	1,38
Equity Ratio	0,54	0,46	0,39	0,36
Gross Profit Margin	98,36 %	90,99 %	80,42 %	79,82 %