Veblungsnes Sandtak A/S

6310 VEBLUNGSNES

Finances

Return on Equity

4,88 %

Current Ratio

3,59

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 218 000	15 384 000	12 563 000	12 595 000
Net Income	457 000	1 011 000	366 000	444 000
Total Assets	12 173 000	13 187 000	11 511 000	11 818 000
Total Equity	9 364 000	9 184 000	8 657 000	8 499 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 218 000	15 384 000	12 563 000	12 595 000
Expenditure	13 630 000	14 053 000	12 048 000	11 952 000
Operating Profit	587 000	1 331 000	515 000	642 000
Financial Income	44 000	21 000	29 000	23 000
Financial Costs	45 000	55 000	74 000	95 000
Financial Balance	−1 000	−34 000	−45 000	−72 000
Earnings Before Tax	586 000	1 298 000	470 000	570 000
Tax	129 000	286 000	104 000	126 000
Net Income	457 000	1 011 000	366 000	444 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 670 000	3 318 000	3 530 000	4 720 000
Total Current Assets	9 503 000	9 869 000	7 981 000	7 098 000
Total Assets	12 173 000	13 187 000	11 511 000	11 818 000
Total Retained Equity	8 672 000	8 492 000	7 965 000	7 807 000
Total Equity	9 364 000	9 184 000	8 657 000	8 499 000
Total Long-Term Debt	164 000	720 000	1 214 000	1 700 000
Total Current Debt	2 645 000	3 282 000	1 639 000	1 619 000
Total Equity and Debt	12 173 000	13 187 000	11 511 000	11 818 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 848 000	15 229 000	12 405 000	12 333 000
Other Income	370 000	155 000	158 000	262 000
Revenue	14 218 000	15 384 000	12 563 000	12 595 000
Cost of Goods Sold	3 337 000	4 135 000	2 897 000	2 927 000
Salary Costs	5 209 000	4 979 000	4 624 000	4 420 000
Depreciation	679 000	977 000	1 111 000	1 174 000
Impairment	0	0	0	0
Expenditure	13 630 000	14 053 000	12 048 000	11 952 000
Operating Profit	587 000	1 331 000	515 000	642 000
Financial Income	44 000	21 000	29 000	23 000
Financial Costs	45 000	55 000	74 000	95 000
Financial Balance	−1 000	−34 000	−45 000	−72 000
Dividends	277 000	484 000	208 000	208 000
Net Income	457 000	1 011 000	366 000	444 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	9 000	0	0	0
Real Eastate	382 000	382 000	384 000	392 000
Machinery and Plant Facilities	2 190 000	2 819 000	3 144 000	4 247 000
Fixtures	88 000	110 000	0	0
Total Tangible Assets	2 659 000	3 311 000	3 528 000	4 639 000
Total Fiancial Fixed Assets	2 000	7 000	2 000	81 000
Total Fixed Assets	2 670 000	3 318 000	3 530 000	4 720 000
Stock	2 398 000	2 146 000	2 006 000	1 785 000
Total Investments	0	0	0	0
Cash, Bank	5 898 000	5 960 000	4 775 000	4 354 000
Total Current Assets	9 503 000	9 869 000	7 981 000	7 098 000
Total Assets	12 173 000	13 187 000	11 511 000	11 818 000
Total Equity	9 364 000	9 184 000	8 657 000	8 499 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	164 000	720 000	1 214 000	1 700 000
Creditors	1 051 000	928 000	373 000	384 000
Unpaid Taxes	647 000	505 000	453 000	461 000
Dividends	277 000	484 000	208 000	208 000
Other Current Debt	528 000	477 000	456 000	425 000
Total Current Debt	2 645 000	3 282 000	1 639 000	1 619 000
Total Equity and Debt	12 173 000	13 187 000	11 511 000	11 818 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,88 %	11,01 %	4,23 %	5,22 %
Debt-to-Equity Ratio	0,02	0,08	0,14	0,2
Operating Profit Margin	4,13 %	8,65 %	4,1 %	5,1 %
Current Ratio	3,59	3,01	4,87	4,38
Quick Ratio	38,47	8,69	−21,75	−42,76
Equity Ratio	0,77	0,7	0,75	0,72
Gross Profit Margin	76,53 %	73,12 %	76,94 %	76,76 %