VAM SCANDINAVIA AS

2016 FROGNER

Finances

Share Ownership

Return on Equity

29,32 %

Current Ratio

1,33

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 316 000	9 120 000	9 714 000	62 000
Net Income	390 000	177 000	760 000	−160 000
Total Assets	4 709 000	3 761 000	3 046 000	8 000
Total Equity	1 330 000	940 000	763 000	3 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 316 000	9 120 000	9 714 000	62 000
Expenditure	10 819 000	8 895 000	8 795 000	220 000
Operating Profit	496 000	226 000	919 000	−157 000
Financial Income	4 000	1 000	1 000	0
Financial Costs	0	0	0	3 000
Financial Balance	4 000	1 000	1 000	−3 000
Earnings Before Tax	500 000	226 000	919 000	−160 000
Tax	110 000	50 000	159 000	0
Net Income	390 000	177 000	760 000	−160 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	220 000	37 000	45 000	0
Total Current Assets	4 489 000	3 724 000	3 001 000	8 000
Total Assets	4 709 000	3 761 000	3 046 000	8 000
Total Retained Equity	1 130 000	740 000	563 000	−192 000
Total Equity	1 330 000	940 000	763 000	3 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 379 000	2 822 000	2 283 000	6 000
Total Equity and Debt	4 709 000	3 761 000	3 046 000	8 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 284 000	9 089 000	9 619 000	62 000
Other Income	32 000	31 000	95 000	0
Revenue	11 316 000	9 120 000	9 714 000	62 000
Cost of Goods Sold	0	0	0	0
Salary Costs	10 333 000	8 669 000	8 615 000	128 000
Depreciation	33 000	0	0	0
Impairment	0	0	0	0
Expenditure	10 819 000	8 895 000	8 795 000	220 000
Operating Profit	496 000	226 000	919 000	−157 000
Financial Income	4 000	1 000	1 000	0
Financial Costs	0	0	0	3 000
Financial Balance	4 000	1 000	1 000	−3 000
Dividends	0	0	0	0
Net Income	390 000	177 000	760 000	−160 000

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	106 000	0	0	0
Total Tangible Assets	106 000	0	0	0
Total Fiancial Fixed Assets	114 000	37 000	45 000	0
Total Fixed Assets	220 000	37 000	45 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 344 000	1 875 000	1 067 000	8 000
Total Current Assets	4 489 000	3 724 000	3 001 000	8 000
Total Assets	4 709 000	3 761 000	3 046 000	8 000
Total Equity	1 330 000	940 000	763 000	3 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	58 000	14 000	0	4 000
Unpaid Taxes	1 002 000	881 000	484 000	0
Dividends	0	0	0	0
Other Current Debt	2 209 000	1 877 000	1 640 000	2 000
Total Current Debt	3 379 000	2 822 000	2 283 000	6 000
Total Equity and Debt	4 709 000	3 761 000	3 046 000	8 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,32 %	18,83 %	99,61 %	−5 333,33 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,38 %	2,48 %	9,46 %	−253,23 %
Current Ratio	1,33	1,32	1,31	1,33
Quick Ratio	1,33	1,32	1,31	1,33
Equity Ratio	0,28	0,25	0,25	0,38
Gross Profit Margin	100 %	100 %	100 %	100 %