VATTEN AS

5010 BERGEN

Finances

Return on Equity

95,6 %

Current Ratio

1,46

Debt-to-Equity Ratio

0,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 658 000	12 374 000	11 840 000	10 503 000
Net Income	2 475 000	2 422 000	1 709 000	1 781 000
Total Assets	7 257 000	4 947 000	5 282 000	4 606 000
Total Equity	2 589 000	1 714 000	1 492 000	983 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 658 000	12 374 000	11 840 000	10 503 000
Expenditure	12 420 000	9 222 000	9 590 000	8 207 000
Operating Profit	3 239 000	3 152 000	2 250 000	2 297 000
Financial Income	0	0	0	3 000
Financial Costs	37 000	47 000	58 000	58 000
Financial Balance	−37 000	−47 000	−58 000	−55 000
Earnings Before Tax	3 202 000	3 105 000	2 192 000	2 241 000
Tax	728 000	683 000	483 000	460 000
Net Income	2 475 000	2 422 000	1 709 000	1 781 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	812 000	983 000	885 000	1 029 000
Total Current Assets	6 444 000	3 964 000	4 397 000	3 577 000
Total Assets	7 257 000	4 947 000	5 282 000	4 606 000
Total Retained Equity	2 389 000	1 514 000	1 292 000	783 000
Total Equity	2 589 000	1 714 000	1 492 000	983 000
Total Long-Term Debt	261 000	470 000	490 000	677 000
Total Current Debt	4 407 000	2 763 000	3 300 000	2 947 000
Total Equity and Debt	7 257 000	4 947 000	5 282 000	4 606 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 658 000	12 374 000	11 808 000	10 503 000
Other Income	0	0	32 000	0
Revenue	15 658 000	12 374 000	11 840 000	10 503 000
Cost of Goods Sold	6 373 000	4 434 000	4 978 000	3 799 000
Salary Costs	4 747 000	3 672 000	3 694 000	3 390 000
Depreciation	170 000	157 000	154 000	151 000
Impairment	0	0	0	0
Expenditure	12 420 000	9 222 000	9 590 000	8 207 000
Operating Profit	3 239 000	3 152 000	2 250 000	2 297 000
Financial Income	0	0	0	3 000
Financial Costs	37 000	47 000	58 000	58 000
Financial Balance	−37 000	−47 000	−58 000	−55 000
Dividends	1 600 000	1 000 000	1 200 000	1 000 000
Net Income	2 475 000	2 422 000	1 709 000	1 781 000

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	687 000	858 000	825 000	979 000
Total Tangible Assets	687 000	858 000	825 000	979 000
Total Fiancial Fixed Assets	125 000	125 000	60 000	50 000
Total Fixed Assets	812 000	983 000	885 000	1 029 000
Stock	8 000	6 000	6 000	6 000
Total Investments	0	0	0	0
Cash, Bank	541 000	1 733 000	1 370 000	2 364 000
Total Current Assets	6 444 000	3 964 000	4 397 000	3 577 000
Total Assets	7 257 000	4 947 000	5 282 000	4 606 000
Total Equity	2 589 000	1 714 000	1 492 000	983 000
Short-Term Group Debt	1 600 000	1 000 000	1 200 000	1 000 000
Total Long-Term Debt	261 000	470 000	490 000	677 000
Creditors	756 000	414 000	855 000	550 000
Unpaid Taxes	891 000	341 000	474 000	613 000
Dividends	1 600 000	1 000 000	1 200 000	1 000 000
Other Current Debt	425 000	325 000	291 000	301 000
Total Current Debt	4 407 000	2 763 000	3 300 000	2 947 000
Total Equity and Debt	7 257 000	4 947 000	5 282 000	4 606 000

Financial indicators	2022	2021	2020	2019
Return on Equity	95,6 %	141,31 %	114,54 %	181,18 %
Debt-to-Equity Ratio	0,1	0,27	0,33	0,69
Operating Profit Margin	20,69 %	25,47 %	19 %	21,87 %
Current Ratio	1,46	1,43	1,33	1,21
Quick Ratio	1,46	1,44	1,33	1,22
Equity Ratio	0,36	0,35	0,28	0,21
Gross Profit Margin	59,3 %	64,17 %	57,96 %	63,83 %