VESLE KINN AS

6905 FLORØ

Finances

Share Ownership

Return on Equity

9,51 %

Current Ratio

2,21

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 694 000	3 604 000	2 805 000	3 373 000
Net Income	79 000	307 000	217 000	144 000
Total Assets	1 309 000	1 626 000	1 509 000	1 488 000
Total Equity	831 000	1 152 000	845 000	628 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 694 000	3 604 000	2 805 000	3 373 000
Expenditure	4 574 000	3 206 000	2 513 000	3 165 000
Operating Profit	121 000	399 000	292 000	209 000
Financial Income	2 000	0	1 000	0
Financial Costs	0	5 000	15 000	24 000
Financial Balance	2 000	−5 000	−14 000	−24 000
Earnings Before Tax	122 000	393 000	278 000	185 000
Tax	43 000	87 000	61 000	41 000
Net Income	79 000	307 000	217 000	144 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	254 000	366 000	713 000	1 049 000
Total Current Assets	1 055 000	1 260 000	797 000	439 000
Total Assets	1 309 000	1 626 000	1 509 000	1 488 000
Total Retained Equity	631 000	952 000	645 000	428 000
Total Equity	831 000	1 152 000	845 000	628 000
Total Long-Term Debt	0	9 000	297 000	338 000
Total Current Debt	478 000	465 000	367 000	522 000
Total Equity and Debt	1 309 000	1 626 000	1 509 000	1 488 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 544 000	3 176 000	2 688 000	3 085 000
Other Income	1 150 000	429 000	117 000	288 000
Revenue	4 694 000	3 604 000	2 805 000	3 373 000
Cost of Goods Sold	1 366 000	1 157 000	932 000	1 164 000
Salary Costs	1 165 000	1 075 000	814 000	1 033 000
Depreciation	224 000	354 000	357 000	319 000
Impairment	0	18 000	0	0
Expenditure	4 574 000	3 206 000	2 513 000	3 165 000
Operating Profit	121 000	399 000	292 000	209 000
Financial Income	2 000	0	1 000	0
Financial Costs	0	5 000	15 000	24 000
Financial Balance	2 000	−5 000	−14 000	−24 000
Dividends	0	0	0	0
Net Income	79 000	307 000	217 000	144 000

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	254 000	366 000	713 000	1 049 000
Total Tangible Assets	254 000	366 000	713 000	1 049 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	254 000	366 000	713 000	1 049 000
Stock	198 000	210 000	185 000	199 000
Total Investments	0	0	0	0
Cash, Bank	795 000	980 000	588 000	235 000
Total Current Assets	1 055 000	1 260 000	797 000	439 000
Total Assets	1 309 000	1 626 000	1 509 000	1 488 000
Total Equity	831 000	1 152 000	845 000	628 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	9 000	297 000	338 000
Creditors	59 000	78 000	16 000	194 000
Unpaid Taxes	154 000	94 000	105 000	97 000
Dividends	0	0	0	0
Other Current Debt	213 000	192 000	177 000	193 000
Total Current Debt	478 000	465 000	367 000	522 000
Total Equity and Debt	1 309 000	1 626 000	1 509 000	1 488 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,51 %	26,65 %	25,68 %	22,93 %
Debt-to-Equity Ratio	0	0,01	0,35	0,54
Operating Profit Margin	2,58 %	11,07 %	10,41 %	6,2 %
Current Ratio	2,21	2,71	2,17	0,84
Quick Ratio	3,77	4,94	4,38	1,36
Equity Ratio	0,63	0,71	0,56	0,42
Gross Profit Margin	70,9 %	67,9 %	66,77 %	65,49 %