VEKST OG ENDRING AS

1592 VÅLER I ØSTFOLD

Finances

Share Ownership

Return on Equity

21,37 %

Current Ratio

2,32

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	639 000	715 000	360 000	338 000
Net Income	75 000	199 000	−35 000	−8 000
Total Assets	609 000	509 000	382 000	540 000
Total Equity	351 000	276 000	227 000	262 000

Income (NOK)	2022	2021	2020	2019
Revenue	639 000	715 000	360 000	338 000
Expenditure	544 000	467 000	395 000	346 000
Operating Profit	95 000	247 000	−36 000	−8 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	95 000	247 000	−35 000	−8 000
Tax	20 000	48 000	0	0
Net Income	75 000	199 000	−35 000	−8 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 000	11 000	29 000	47 000
Total Current Assets	601 000	498 000	353 000	493 000
Total Assets	609 000	509 000	382 000	540 000
Total Retained Equity	321 000	246 000	197 000	232 000
Total Equity	351 000	276 000	227 000	262 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	259 000	233 000	155 000	278 000
Total Equity and Debt	609 000	509 000	382 000	540 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	639 000	715 000	360 000	338 000
Other Income	0	0	0	0
Revenue	639 000	715 000	360 000	338 000
Cost of Goods Sold	31 000	27 000	14 000	17 000
Salary Costs	294 000	202 000	195 000	113 000
Depreciation	2 000	18 000	18 000	18 000
Impairment	0	0	0	0
Expenditure	544 000	467 000	395 000	346 000
Operating Profit	95 000	247 000	−36 000	−8 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	150 000	0	0
Net Income	75 000	199 000	−35 000	−8 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	9 000	11 000	13 000	15 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	16 000	32 000
Total Tangible Assets	9 000	11 000	29 000	47 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	9 000	11 000	29 000	47 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	472 000	395 000	247 000	407 000
Total Current Assets	601 000	498 000	353 000	493 000
Total Assets	609 000	509 000	382 000	540 000
Total Equity	351 000	276 000	227 000	262 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	8 000	9 000	5 000	20 000
Unpaid Taxes	43 000	11 000	6 000	35 000
Dividends	0	150 000	0	0
Other Current Debt	188 000	159 000	144 000	223 000
Total Current Debt	259 000	233 000	155 000	278 000
Total Equity and Debt	609 000	509 000	382 000	540 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,37 %	72,1 %	−15,42 %	−3,05 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	14,87 %	34,55 %	−10 %	−2,37 %
Current Ratio	2,32	2,14	2,28	1,77
Quick Ratio	2,32	2,14	2,28	1,77
Equity Ratio	0,58	0,54	0,59	0,49
Gross Profit Margin	95,15 %	96,22 %	96,11 %	94,97 %