VEDVIK RØR AS

6993 HØYANGER

Finances

Return on Equity

50 %

Current Ratio

1,17

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 276 000	2 855 000	3 220 000	2 842 000
Net Income	188 000	4 000	1 000	85 000
Total Assets	1 394 000	748 000	943 000	887 000
Total Equity	376 000	188 000	184 000	183 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 276 000	2 855 000	3 220 000	2 842 000
Expenditure	3 032 000	2 885 000	3 206 000	2 697 000
Operating Profit	244 000	−28 000	14 000	144 000
Financial Income	11 000	38 000	1 000	1 000
Financial Costs	15 000	8 000	14 000	36 000
Financial Balance	−4 000	30 000	−13 000	−35 000
Earnings Before Tax	241 000	2 000	1 000	108 000
Tax	52 000	−2 000	0	24 000
Net Income	188 000	4 000	1 000	85 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	207 000	196 000	148 000	191 000
Total Current Assets	1 186 000	552 000	796 000	696 000
Total Assets	1 394 000	748 000	943 000	887 000
Total Retained Equity	352 000	164 000	160 000	159 000
Total Equity	376 000	188 000	184 000	183 000
Total Long-Term Debt	0	0	2 000	5 000
Total Current Debt	1 017 000	560 000	757 000	698 000
Total Equity and Debt	1 394 000	748 000	943 000	887 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 275 000	2 864 000	3 301 000	2 717 000
Other Income	1 000	−9 000	−81 000	125 000
Revenue	3 276 000	2 855 000	3 220 000	2 842 000
Cost of Goods Sold	1 763 000	1 645 000	2 051 000	1 462 000
Salary Costs	786 000	733 000	655 000	797 000
Depreciation	47 000	44 000	44 000	44 000
Impairment	0	0	0	0
Expenditure	3 032 000	2 885 000	3 206 000	2 697 000
Operating Profit	244 000	−28 000	14 000	144 000
Financial Income	11 000	38 000	1 000	1 000
Financial Costs	15 000	8 000	14 000	36 000
Financial Balance	−4 000	30 000	−13 000	−35 000
Dividends	0	0	0	0
Net Income	188 000	4 000	1 000	85 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	38 000	45 000	51 000	57 000
Machinery and Plant Facilities	52 000	0	0	0
Fixtures	24 000	59 000	97 000	134 000
Total Tangible Assets	114 000	104 000	148 000	191 000
Total Fiancial Fixed Assets	93 000	92 000	0	0
Total Fixed Assets	207 000	196 000	148 000	191 000
Stock	69 000	90 000	149 000	61 000
Total Investments	0	0	0	0
Cash, Bank	67 000	30 000	158 000	327 000
Total Current Assets	1 186 000	552 000	796 000	696 000
Total Assets	1 394 000	748 000	943 000	887 000
Total Equity	376 000	188 000	184 000	183 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	2 000	5 000
Creditors	579 000	205 000	323 000	394 000
Unpaid Taxes	237 000	133 000	134 000	184 000
Dividends	0	0	0	0
Other Current Debt	70 000	222 000	297 000	95 000
Total Current Debt	1 017 000	560 000	757 000	698 000
Total Equity and Debt	1 394 000	748 000	943 000	887 000

Financial indicators	2022	2021	2020	2019
Return on Equity	50 %	2,13 %	0,54 %	46,45 %
Debt-to-Equity Ratio	0	0	0,01	0,03
Operating Profit Margin	7,45 %	−0,98 %	0,43 %	5,07 %
Current Ratio	1,17	0,99	1,05	1
Quick Ratio	1,25	1,17	1,31	1,09
Equity Ratio	0,27	0,25	0,2	0,21
Gross Profit Margin	46,18 %	42,38 %	36,3 %	48,56 %