VANG RØR AS

2975 VANG I VALDRES

Finances

Return on Equity

33,18 %

Current Ratio

2,12

Debt-to-Equity Ratio

0,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 677 000	3 805 000	3 418 000	3 439 000
Net Income	441 000	−18 000	111 000	66 000
Total Assets	2 683 000	1 871 000	1 968 000	1 764 000
Total Equity	1 329 000	888 000	906 000	795 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 677 000	3 805 000	3 418 000	3 439 000
Expenditure	4 087 000	3 769 000	3 244 000	3 326 000
Operating Profit	589 000	35 000	174 000	114 000
Financial Income	0	1 000	9 000	1 000
Financial Costs	24 000	32 000	25 000	30 000
Financial Balance	−24 000	−31 000	−16 000	−29 000
Earnings Before Tax	565 000	5 000	158 000	85 000
Tax	124 000	23 000	47 000	19 000
Net Income	441 000	−18 000	111 000	66 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	401 000	464 000	482 000	664 000
Total Current Assets	2 281 000	1 407 000	1 486 000	1 100 000
Total Assets	2 683 000	1 871 000	1 968 000	1 764 000
Total Retained Equity	1 137 000	696 000	714 000	603 000
Total Equity	1 329 000	888 000	906 000	795 000
Total Long-Term Debt	278 000	338 000	397 000	452 000
Total Current Debt	1 075 000	645 000	665 000	517 000
Total Equity and Debt	2 683 000	1 871 000	1 968 000	1 764 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 677 000	3 804 000	3 410 000	3 439 000
Other Income	0	0	8 000	0
Revenue	4 677 000	3 805 000	3 418 000	3 439 000
Cost of Goods Sold	2 382 000	2 158 000	1 812 000	1 775 000
Salary Costs	1 019 000	846 000	716 000	723 000
Depreciation	45 000	172 000	169 000	166 000
Impairment	0	0	0	0
Expenditure	4 087 000	3 769 000	3 244 000	3 326 000
Operating Profit	589 000	35 000	174 000	114 000
Financial Income	0	1 000	9 000	1 000
Financial Costs	24 000	32 000	25 000	30 000
Financial Balance	−24 000	−31 000	−16 000	−29 000
Dividends	0	0	0	100 000
Net Income	441 000	−18 000	111 000	66 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	80 000	159 000
Total Intangible Assets	0	0	80 000	159 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	207 000	252 000	292 000	382 000
Total Tangible Assets	207 000	252 000	292 000	382 000
Total Fiancial Fixed Assets	194 000	212 000	110 000	123 000
Total Fixed Assets	401 000	464 000	482 000	664 000
Stock	134 000	189 000	255 000	116 000
Total Investments	0	0	0	0
Cash, Bank	423 000	734 000	307 000	535 000
Total Current Assets	2 281 000	1 407 000	1 486 000	1 100 000
Total Assets	2 683 000	1 871 000	1 968 000	1 764 000
Total Equity	1 329 000	888 000	906 000	795 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	278 000	338 000	397 000	452 000
Creditors	332 000	111 000	294 000	158 000
Unpaid Taxes	424 000	438 000	262 000	176 000
Dividends	0	0	0	100 000
Other Current Debt	196 000	73 000	62 000	58 000
Total Current Debt	1 075 000	645 000	665 000	517 000
Total Equity and Debt	2 683 000	1 871 000	1 968 000	1 764 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,18 %	−2,03 %	12,25 %	8,3 %
Debt-to-Equity Ratio	0,21	0,38	0,44	0,57
Operating Profit Margin	12,59 %	0,92 %	5,09 %	3,31 %
Current Ratio	2,12	2,18	2,23	2,13
Quick Ratio	2,42	3,09	3,62	2,74
Equity Ratio	0,5	0,47	0,46	0,45
Gross Profit Margin	49,07 %	43,29 %	46,99 %	48,39 %